The first years of Bandini were told under the Ferrari 512 F1 1965 and the Ferrari 246 F1 1966, also part of this collection, and in both cases remembering his two 2^nd positions in Montecarlo. Beginning of 1967 Bandini won the 24 Hours of Daytona and the 1000 km of Monza, both with Chris Amon with Ferrari in the Sport category.

On 7 May 1967 Bandini was racing at the Monaco Grand Prix, running second to Denny Hulme on the 82nd lap, when he lost control of his car at the harbor chicane. He had just entered the chicane when his Ferrari's left rear wheel hit the guard rail, sending him into an erratic skid. It impacted a light pole and overturned. The car hit straw bales which lined the harbour side, rupturing the fuel tank, and sparks ignited the fuel as the car rolled over, with Bandini trapped beneath it. Marshals flipped his car upright and pulled Bandini, unconscious, out from the flaming Ferrari. It is thought that, during the effort to right the overturned car, fuel leaked on the hot brake line or the exhaust pipe and exploded. A second fire occurred when the fuel tank exploded after Bandini had been pulled away from the Ferrari Bandini sustained third degree burns covering more than 70% of his body, as well as a chest wound and ten chest fractures. Three days after the crash, Bandini succumbed to his injuries at Princess Grace Polyclinic Hospital in Monte Carlo.The straw bales, having been banned from all Formula One races in response to the accident, were replaced by an extended guard-rail the following year.[6]. Bandini's funeral was held in Reggiolo on 13 May100,000 people attended the funeral.

1966 Bandini had helped director John Frankenheimer with his movie Grand Prix. Bandini recommended the location at the harbour chicane for a crash scene in the movie filmed at the Monte Carlo circuit. In "The Making of Grand Prix", actress Eva Marie Saint noted that, bitterly, this spot would be the site of Bandini's death in the race one year later.

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