Peter,
A Bow tie?
Roger
-----Original Message-----
From: vintage-race-bounces+rogsie=telesistech.com@autox.team.net
[mailto:vintage-race-bounces+rogsie=telesistech.com@autox.team.net] On
Behalf Of Peter L. Krause
Sent: Monday, June 09, 2008 1:35 PM
To: Mike/Donna Carpenter
Cc: Rharring@Idirect. Com; vintage-race@autox.team.net
Subject: Re: [Vintage-race] VIR and other vintage races
Mike, I'm glad you came and glad you follow this sport. It is not static
and the mix of the cars and people change all the time, as much as I
pine for the "good old days." <very big grin>
The combined value for the Ferrari cars in attendance is based on the
fact that no Series 1 250 GTO's have been sold other than by private
treaty for several years and the most recent I know of sold for between
$23M and $25M to racer in the Pacific Northwest for use in the Ferrari
Historic Challenge.
With the volatility in the financial markets and the great growth in
wealth of the very rich, these cars have now assumed "art object" status
and are considered safe places to "park" money.
It is our great fortune that there are still wonderful collectors and
racers like Anthony and Lulu Wang, Bob Bodin, John Giordano, Jim and
Sandra McNeil and Robert Dusek (and that's just SOME of the
extraordinary East Coast
crowd) that have owned these cars for a LONG time and choose to share
them with us.
The 250 GT LWB Interim (looks like a 250 GT SWB with a quarter window)
is right at $3.5M and a comp SWB like the one present sold recently for
$6.5M, hence a $33M-$35M total. Of course, add the Maserati 300S on for
another $3M and there's no debate! <grin>
See you at Mid-Ohio. I'll be the one in the paddock in a tie...
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