The Pegaso Z-102 was a sports car produced by Pegaso in Spain in both coupé and spider form between 1951 and 1958.
Pegaso was an established company noted for its trucks and motor coaches, but also produced sports cars for seven years. Pegaso chief technical manager by then was Wifredo Ricart, former designer of the Alfa Romeo 512, and fellow rival of Enzo Ferrari, who at the time had also worked for Alfa Romeo.
The Z-102 employed racing-car technology in its chassis and alloy body. Everything was produced in-house at Barcelona, where the Pegaso cars factory was, with the exception of the external coachwork, either by Carrozzeria Touring, Saoutchik or Serra (although early Z-102 units carry Pegaso-made bodies). A four-cam all-alloy V8 engine, dry-sump lubrication, and a 5-speed non-syncromesh transaxle were all mounted within a pressed steel chassis.
The Z-102 started life as two prototypes in 1951 as a coupe and a drophead. The coupe and convertible had dumpy steel bodies, and weight was an issue to the extent that Pegaso made the decision to revert to alloy for the coachwork. Coachbuilder Touring then 'beautified' the design, replacing the grille with a two-piece cross, lowering the car, repositioning the foglights, and simplifying various details to give it a clean profile, similar to the contemporary Aston Martin DB2 and the Lancia Aurelia, that was the most memorable and numerous of all Z-102 bodies.
The Z102 entered production with a 2.5 (2472cc) litre engine as used in the prototypes, though later there were variants with 2.8 (2816cc), and 3.2 (3178cc) litre DOHC desmodromic 32-valve V8 360 hp (270 kW) engines with multiple carburetors or optional supercharger. Horsepower ranged from 175 to 360, and, transferred through a five-speed gearbox and gear-driven camshaft, the fastest could reach 155 miles per hour (249 km/h), exceeding Ferrari autos, thus making it the world's fastest production car at the time. The base model had an 120 mph (192 km/h) top speed.