On Ferrari Friday’s, William Ross from the Exotic Car Marketplace will be discussing all things Ferrari and interviewing people that live and breath the Ferrari brand. Topics range from road cars to racing; drivers to owners, as well as auctions, private sales and trends in the collector market.

William discusses the auction and sale of the Ferrari 250 GTO by RM/Sothebys that sold for just under $52 million dollars.  He also talks about the Ferrari 499 Modifica that sold as well.


Episode 17

And hello everyone. Welcome back to the podcast. I’m William, your host. Uh, it’s been a long, long time since I’ve recorded one of these. Um, lots going on. I know my other pre was, I kept saying, Hey, I’m going to start firing these bad boys out on a more consistent, regular basis. Uh, but things just kind of get away from you and kind of lose track of time a little bit.

Got a lot of stuff on my plate [00:01:00] and a lot of exciting stuff that, Hey, I’ll hopefully share with you guys down the road. Uh, A lot of new things happening and whatnot and a possible acquisition. So keep that in mind. So that’ll be coming down the road. So, but again, I apologize. Cause like I said, I know I keep kept saying before, Hey, I’m gonna do these more faster or something.

Seem to be quite a decent amount of downloads still. So, which is great. You know, we’ve got quite a few episodes out there. I really appreciate the support. Uh, any thoughts, suggestions? Hey, just shoot me an email. William at the Ferrari marketplace. com as simple as that. So anyways in today’s episode what we are going to talk about That the whole scuttlebutt was, especially leading up to it and after the fact, is the Ferrari 250 GTO that just got auctioned off by Sotheby’s last week in New York City.

Anyone that watched that, anyone kind of delved into that and saw, uh, what the car went for, roughly just with all fees and everything, uh, in it, you know, all said and done, just a [00:02:00] smidge under 52 million dollars. So, um, it’s, you know, it’s not a bad price for that. Um, you know, it’s, you know, everyone has to understand something about that car, though, is that it started out

as a 330 LM. So, I don’t know if many of you are familiar with what that means, but The original 250 GTOs that were produced in manufacture and race, uh, the first, you know, this is where it kind of everyone kind of comes up with the different arguments and everything like that in regards to, well, how many were built, how many, you know, so technically you have, you know, the 36 250 GTOs sold.

So, but, after that, they actually [00:03:00] then increased the displacement size to a larger 4 liter thing. Now you say, alright, it doesn’t make sense, what is the, uh. The, the designation doesn’t really kind of make sense on that. But, so the increase in displacement, they only made actually four 330LMs. Now the body, really only distinctive change in the body on these was the hood bulge.

Because obviously with the motor, the carbs, everything like that, uh, to squeeze that bad boy in there. Because it was significantly bigger engine, uh, in there. That, you know, obviously had to do the hood bulge and everything like that. Common sense would tell you, you would think, well, wouldn’t those four be more expensive or more valuable than the 250 GTOs?

Yeah, you would think, right? But no, it’s not the case. You know, everyone seems to refer to the 250 GTO. That’s the one that’s got the moniker, that one’s got the status, the mystique. Everything out there amongst everybody in the marketplace, out there in the automotive world. So, [00:04:00] it’s interesting. Because like I said, in my mind, I would think I’d rather have a 330LM Than the 250 GTO, but you know, that’s just me because you think it’s more rare I was like that, but so anyways, so after that car It was, you know driven by Mike Parks, Lorenzo Bandini at some point, you know, races in the 1960s, 24 Hours of Le Mans And but the big kind of I guess say catch or hook I guess you would say is they really tried to press the fact was it was, you know, it was raced by the Scuderia itself Now basically almost all those 250 GTO that were pardon me on that We’re out there and race stuff that were basically, you know done by I want to say, you know privateer teams But pray it’s privateer teams, but like say nart You know, you had the other Scuderia teams You know, you had several other teams out there that actually Race the car under their banner.

Now that was kind of, you know, [00:05:00] Enzo’s, I guess I would say philosophy, or I guess basically say his, his business mantra, you know, it’s expensive to go race it and race those cars. So his thing is, well, tell you what, this is what we’ll do is I’ll build the cars, we’ll sell them off to who I want to sell them to team wise, because we know that they’ll win.

And it’ll just benefit the team and then we don’t have to cover the pay for the cost of, you know, hiring the drivers and all that kind of jazz. Now, don’t get me wrong, they did have several, you know, cars in different categories that they raced under their own banner. Um, but, you know, these, I guess you would say more, how would you say, uh, kind of like, I guess you’d say the cars that you could drive to the track, race to the track and then drive it home.

You know, back in those days, those kind of cars, you know, they, it’s, he sold them more off to like these teams and gentlemen drivers and what have you than actual full fledged race cars that they basically ran themselves. You know, uh, like your 330P, or like the 312Ps, that kind of [00:06:00] stuff, you know, those kind of cars, uh, you know, your F1 cars, stuff like that, you know, um, you know, your 250LMs, you know, they did make the, obviously the street car and those as well, so, but, you know, they did have their cars at the factory, actually did, you know, race themselves, hired the guys and everything like that, don’t get me wrong, but when they got, Now it’s more for the Formula One side of stuff, but getting into, like, the endurance racing, that kind of stuff, they had a tendency to lean more towards selling the cars to these teams, uh, than racing themselves.

Now, don’t get me wrong, again, they did do some of that as well, too, so, don’t come, don’t get yelling at me and jumping down my throat, No, hey, William, they did this and this, and like, I know, I know, I know, I know. So, anyways, the, um, this GTO, you know, had, you know, a nice, you know, History to it. Now I want to say checkered history because you know, there’s some out there that have had kind of a sketchy type of history to them.

Now, this is what kind of also gets me is, you know, I’ve, you know, been involved in a few of these transactions, uh, in regards to these [00:07:00] cars and the one biggest, I guess, a hurdle you get, or I guess biggest, I say, pushback, I guess, from a, you know, a buyer, you know, obviously these people have a lot of money to be able to pay this kind of dollars for a car.

Um, you know, and there you have a tendency, they get what they want, and if they want something a certain way, that’s how that’s gonna be. Um, but, you know, they have a tendency to forget. You know, unless these guys are like, you know, hardcore into this stuff, you know, not just looking for it as a status thing, you know, they just have, they have a car collection, but it’s more just a, hey, look at me, puff out my chest.

You know, you got those few guys out there that are true hardcore, like Nick Mason. There’s your hardcore guy, you know stuff like that, you know, Lord Bamford. No, he’s another one You know, these guys know these things inside out and just absolutely adore these vehicles But I know you get these guys that you understand these were race cars.

They were raced in period You know, so they got banged up, motors blew up, everything like that. So, I mean, you’re not going to have a car that as it was first built, fresh, nice and [00:08:00] clean coming out of the factory is what you’re going to get now. I mean, you know, these things had, you know, led hard lives.

They were race cars. And a lot of these people have a tendency to forget that. Now, yes, there are some out there that have, hey, they’re, you know, matching drivetrain, uh, engine, everything like that. But, you know, a lot of these, you know, hey, they had different, you know, new blocks put in, new motors put in, you know, everything like that.

New transmissions, because just have, you know, there’s a few out there that, you know, they were pretty banged up, you know, and basically got all new bodies. You know, um, you know, then you had, you know, cause you got your series one. You got your series two, you know, and everyone always wants a series one. So the series two ones, a lot of those got rebodied back to series one.

So a lot of these don’t even have their original bodies on them, stuff like that, you know, and God, you know, if, if someone would have kept the original body, put a new, that’s gone back to a series one, but kept the series. Talk about adding value to the car, but anyways, you know, no one, you know, if everyone could, um, see the future and predict the future, you know, hey, know how much money a lot of us all would have.

But anyways, [00:09:00] so with that, um, okay, let’s let’s check with them. Oh, but anyways, so, you know, people, these guys have a tendency to forget, you know, what these cars were actually utilized for back in the day and, you know, getting into it, you know, these, and again, you know, this is a race car. Yes, you could drive it on the street.

Yes, it was, you know, basically done up, you know, and, you know, this was an Enzo’s get around, you know, this was basically, you know, a tip, you want to say evolution of the 250 short wheel base car. Um, you know, that’s how he tried to circumvent the rules and just say, no, this is just an evolution of that car.

I don’t know, you know, and being Enzo being Enzo and, you know, these, uh, people running the show, uh, at that night, FIA and stuff, you know, didn’t want to piss off Enzo cause they didn’t want to lose him. Um, we’re just saying, oh, okay. Yeah, we get it with, you know, why? Meanwhile, all these other teams, everybody’s protesting like crazy because they just don’t understand.

It’s like, how blatantly blind do you have to be not to see it’s a completely new car. But anyways, you know, that’s Enzo being Enzo. I love the guy. So [00:10:00] anyways, um, you know, be what they are. Got to love them. But again, you know, it’s a race car, you know, and again, you know You don’t have all these creature comforts and everything like that.

Now what’s great about those cars These are kind of like the 250 short wheelbases and the 275 GTB fours, especially You know, they’re great comfortable cars to drive. I guess so to speak, you know again You’re not gonna have all these accoutrements everything like that, but you know, you can drive them, you know, chug them along You know, you don’t have to like on some of these cars, you know You have to be basically winding the ssssssssh not out of them, you know, to get any enjoyment out of them.

These cars man, they pull from the bottom, they’re like, obviously tractors, but, you know, they got, you know, all through the range, they pull, you know, they’re not that bad. The clutch isn’t all that heavy, you know, you don’t have to feel like it’s a tractor clutch or anything like that. So, you know, you don’t have to be all that delicate, you got to be a little delicate, but you know, it’s, you know, it’s not something where, like, it’s a full on race car where it’s either all or nothing.

You know, I don’t know how many of you out there might have, you [00:11:00] know, ever been in, have raced a race car, driven a race car, but you know, those things don’t like going slow. They’re not happy when they’re going slow. You got to have those things going basically nine tenths, 10 tenths all the way for you really want to get everything out of the car, but to be able to drive it, you know, and not be like, Hey, something’s breaking or something’s wrong with this car.

You know, you get to layman is one of these cars like that. They think, you know, the thing’s going to fall apart or something’s wrong with it. It’s like, no, you got driving faster, you know, that’s just what the case is. So, and I guess that, you know, that was makes it fun. Hey. supposed to be going fast anyways, right?

So anyways, you know, but with these cars, you know, Hey, that’s what they were made to be able to drive on the street, drive it from wherever, drive it to the track, race it and drive it home. You know, I’m not saying a lot of these people did it, you know, early years. Yes, that was the case. You know, it really wasn’t the thing of, you know, transporters, that kind of stuff.

You know, these cars were street cars and he modified them and took them to the track, you know, early days of Le Mans, that kind of stuff. You know, um, great stories about, you know, the [00:12:00] Bentley boys, you know, driving from, uh, England down to France and to Lamar, you know, and then driving home. I mean, great, great stories.

I mean, those boys had a lot of fun. Um, but you know, stuff like that. Well, you know, as things got more serious, hey, transporters came into play, everything like that. Hey, these cars, you know, weren’t all that comfortable or anything like that to kind of drive on a, you know, 800 or 1500 mile road trip to go racing like that.

So. You know, that’s when the day and the age came where ADCs got transported to track and it was like that, you know, they weren’t driven there, which, you know, those are some great times and, you know, we’ll never see that again. I mean, now, now, you know, the argument is people say the McLaren F1 was the last true road car that won Le Mans, that you could drive the track race and go, yeah, technically, but those cars that raced were nowhere near what the road cars were.

I mean, those things weren’t even close. You know, people try and make that argument. Oh, I knew that, but you weren’t going to drive that race car from England all the way down to Le Mans and back. It [00:13:00] wasn’t going to happen. It’s just, you know, everything that was stripped out of that car. God, I’m trying to remember how much weight they pulled out of the car.

It was a significant amount of weight that they took out of that car. I mean, significant amount of weight. Um, you know, if you look it up, take a look and see. I mean, don’t be a head shaker, because you know, you see some of these where they do it. They always took out like, you know, two, three, four hundred pounds, something like that.

Well, they took out like, I don’t know, 800, 900 pounds. Something like that. If memory serves me, I’d have to look up and see it, but I know it’s just an insane amount of like, how did they find that much weight there to pull out of there, but they did and God bless him. You know, Gordon Murray, man, that man, he is a genius.

And I don’t know how many of you’ve been COC in his new, uh, his new car, uh, the T 50. I tell you what, if you haven’t had the opportunity, Top Gear’s got a great video on it. Um, what’s his name, the editor there, you know, the guy who said thing, but he does, you know, the YouTube videos. You know, and he took down a 900 mile road trip, uh, from, I think it was just somewhere in Spain and to the Pyrenees or something like that.

Uh, but a 900 mile trip and [00:14:00] you hear that V12 scream. Naturally aspirated that thing that’s just glorious. It just sounds like the old f1 motors back in the day. I mean, it’s just glorious and Straight out of the box from the factory. You don’t have to touch that thing and I’m sorry and they even say it You know put that up against any new, you know Koenigsegg or anything out there.

It’s now now the Valkyrie Yeah, cuz it’s basically the same premise and say I Cosworth built to both those motors. So they sound very similar So the Valkyrie’s got you know Could give it a run for its money, but I tell you what, that thing is just absolutely glorious. I mean the sounds it makes, it’s just absolutely glorious.

So, but anyways, talking some more about this sale. Again, fees, everything, the end is 51. 7 million dollars. And you know, there’s some banter about, well, why’d it go for 80? Why was it 90? You know, all these, you know, the auction house was stolen around. A lot of people didn’t think, hey, is it going to go for 60?

Is it going to go for 80? Is it going to go for, is it going to break 100 million? You know, and again, the people that kind of study this and really know say no, because one, it started [00:15:00] out as a 330LM, they got, you know, after it was done, then the factory took it back and, you know, redid it as a 250GTO. Now the factory did it, everything like that, so, you know, that gives it some credence, um, and in fact, you know, gives it its value.

Uh, but, you know, it’s right, it’s sold right where it should be. Um, Anyone who watches the market, you know, those, they’re a real 250 GTO series one, you know, long as no one’s been killed in it or anything like that, you’re probably in the, you know, 60 to 80 range, just depending on history, whatnot, what’s been changed, everything like that series to a little bit less, you’re probably in the, you know, 50 to 70 range again, depending on the car.

Now, here’s a big thing. Uh, some people think wouldn’t shouldn’t matter, but right hand drive ones. Do not bring the money because unless you’re in a country that’s right hand drive, you know, people don’t want it. And even then, people don’t want it to have the right hand drive [00:16:00] cars. They want to have the left hand drive cars, which are more in abundance, I guess you could say.

Um, I’d have to look exact number wise, but I think there’s only seven or eight, six or seven right hand drive ones. The rest are all left hand drive. Um, but you know, that’s the big thing out there now is, you know, I have, you know, someone, a client that’s looking for one. And there’s a couple of right hand drive ones that we’re probably, you know, could easily get our hands on.

He could acquire but doesn’t want a right hand drive car. And again, it goes down to, if you’re spending that kind of money, you’re going to buy what you want. You’re going to wait, you know. Yeah, you know, 99 percent of those cars all get sold off market. It’s very rare that, you know, you bring it to an auction like that.

I don’t know what the owner’s thinking was behind that. You know, maybe you just didn’t want to deal with, you know, private stuff and you’re having to deal with lawyers and everything like that. Because basically, I’ll walk you through a process here in regards to how a transaction like this would happen off market.

So, you have your client, they start [00:17:00] talking, they want a 250 GTO. Then you start, well, you know, you start delving a little deeper. Why do you want one? What do you want to do? Because that’s a big, you know, outlay of cash. Because think about that. Say you spend 60, 70, 80 million dollars. Think of how many other cards you could buy that are significant.

Not just in value, but of just, you know, history, everything provenance, just coolness. I mean, you could buy a crap load of cars. You can have a monster. You can get 50, 60, you know, top notch cars. They have an awesome collection with that kind of money. Instead of just dumping it all into one. But Hey, again, when he got that kind of money, that’s just a drop in the bucket.

So anyways, you know, you go to this stuff and then, Hey, you call who you know out there that would, Hey, do you know if so and so’s interest on his car or you call them directly, you’ll find out. You know, you kind of just go through the grapevine, figure a few things out. You know, you’re not going to know every single owner and be able to reach out to every single one.

It just doesn’t happen. So you got to go to other people that either A, they have direct connection to them or B, hey, they can get direct connection. You’ll find out, you know, so a lot of these guys, you know, they don’t, you’re not, you [00:18:00] know, there’s those few out there that, you know, have their cars for eons, decades.

Um, you know, and you know that they’re never going to sell their car. So you can immediately eliminate basically almost half of all the 250 GTOs built. Because they’re just not going to be sold. The owners aren’t, they’re not going anywhere. They’re going to get passed out, what have you. Then you got about another, you know, five or six that you really don’t want to touch just because their history and everything to the car, you know, it’s just, it’s just not there.

It’s like, no, it’s, you know, it’s car, it’s like checking out car vertical or Carfax on it and go, wow, how many access does this thing have? And then I don’t want to touch it. I think with 10 foot pole, um, you know, you might not see it cause hey, you know. To the eye. Oh, it looks beautiful, but you know what’s been done to it and who did the work and because you got to understand It’s you know far and class each, you know has not been around all that long So you can’t send it to class, you know class each back in 1980s and hey, I want to get classy certified Hey, you guys do all stuff and hey you guys do all you know, I get to get the red book for it [00:19:00] You know, that wasn’t it, you know, who did the work on it back then and who did the work on it throughout the years is a big, big factor in value on these things.

So, so anyways, so you got about 5, 6, 7 of those that you really wouldn’t even want to touch. So you start breaking that down. So, you basically have, and you get rid of the right hand dry ones in essence, unless they really want a right hand dry one. Um, you know, you only have maybe 8 to 10 of them out there that, you know, that I can say are, you know, hey, these ones are probably you can get your hands on.

Those cars actually though, people don’t realize they change hands frequently. Now I’m not going to say like, you know, once a year or something, you know, every year they’re changing heads. But I mean, you know, every year you probably have two of those, maybe three that change hands. Uh, these guys, they came for a couple of years cause it’s a status thing.

They’ll go to the GTO only events. You know, they’ll take them to the big ones and stuff like that to say, Hey, look at me. Yeah, I own one of these, you know, and kind of get in that circle, that group of owners. But then they, they move on because [00:20:00] one either a, Hey, it’s gone up in some value. So that little investment, you know, in a year, say two or three year time, you know, on say a 60 million investment, they turn around, they sold it for 65.

That’s not a bad return rate on sitting on something just for two or three years. You know, um, You know, it’s not too bad. And all the enjoyment and fun you got out of it, you got to kind of factor that in. Because I know someone out there numbers like, Oh, that’s only this kind of percentage rate, interest rate, blah, blah, blah.

Well, look at all the things of enjoyment you would have got out of it. All the events you would have went to, all the people you would have meet. Because a lot of that stuff too is these guys, you know, you get in that circle, man, you’re dealing with some of the richest people in the world. And you want to talk about business and networking and transactions.

That’s how these people get more rich. They all fucking work together with each other and you know, hey, you want to get involved in this? Hey, well, you know, that’s how these people make, you know, get just keep getting richer and richer and richer, you know They’re all in the same circles and they all work together and they just make money for each other So anyways, so that’s pretty [00:21:00] much, you know, how it would go.

Well, I mean, it’s not how it goes. I haven’t gotten there yet. So anyways So you got to identify the car. Okay, you find one. So then what you do is, okay, you have the interest, whatnot, and kind of, one big first step now, this is where it kind of gets kind of give and take wise between buyer and seller.

Because the one thing you really want to do is, one, prove that the car is actually available and, hey, give me proof of life of the car. Show me a mandate and proof of life of the car. That, hey, you know, and that’s, you know, and this is what kills me because you’ll get some of these jokers out there.

They’ll send you photos that they just took off the internet and whatnot. It’s like, come on guys. I need like a photo, not that it seemed like, hey, a kidnapping situation. Take a photo standing next to the car with the newspaper date, that kind of crap. You know, I’ve had people ask that too, by the way, and it’s just kind of you laugh at them.

But, you know, take some photos where, okay, you can tell they were standing next to the car. They took the photos, what have you. So kind of get that proof, but then the next step, the lawyers. It just, then you just kind of, Why I say wash your hands of it, but you turn it over to the lawyers on both sides And then you let them hammer it out [00:22:00] You know you start working on terms agreements or whatnot and the biggest thing is proof of funds You know the buyers got to show the oh the seller.

Yeah, I got the money to buy for this. Okay, you’re legit All right, that’s agreed upon proof of funds are there. Yes, they can pay for the car. All right Let’s get set up a viewing so they can go prove. Hey, yeah, the car is here go to it And obviously, you know, you’re going to have an expert go through it. I mean, obviously your key thing is you want to have Marcello Mussini go through it.

Uh, that’d be the guy you’d want. He is the guy for Ferrari. If you really want out there. I know there’s some other guys that are up close to his level, but Mussini is the guy and everyone knows it. So anyways, that’d be somebody you want to have it. So everything goes as planned. Everything’s good.

Everyone signs off. Yes. All right. They’ll take the car. Funds are transferred. And there you go. That person’s got themselves a new 250 GTO. Now this is probably over about a six to ten week span all this takes. It’s not a quick transaction It’s not like you’re going down to your local Ford dealer and going to say hey I’ll take that one and two three hours later You know you drive your new car home just [00:23:00] doesn’t have like that because there’s just a lot of legality to take now You know technical stuff it goes on with that part of my get a tongue tied there, you know And especially you’ll transfer that kind of money all that kind of stuff.

So it takes time, you know It’s actually got to be patient and honestly a lot of these Even, you know, getting it across the finish line to get the funds transferred that they get take deliver new car net. You know, there’s still not till about 567 weeks after that person’s gotten the car into their stable or wherever they have it, you know, and they’ve driven it.

What not? They’re going to say, okay, we’re happy they got it because again, you know, we’re A lot of these guys, and I’ve seen it, and thank God it hasn’t happened to me, is, you know, they get the car and then all of a sudden they try and say, this thing is not what you advertised, and they kind of try and balk at it, blah, blah, blah, if something happens, so, you know, they just basically cry.

But anyways, so that’s basically how that transaction works. Now, in any even, you know, higher profile, like say F40s, 288 GTOs, along those lines too, any of those, and like say, you know, any car that you’re talking [00:24:00] million, two million plus. That’s basically the whole process, how this works. But, you know, with these lesser cars, I say lesser cars, thank goodness, that didn’t sound right, did it?

But with the old, say, 288s, F40s, F50s, those kind of things, you know, you know, it’s basically the same process. There’s our, hey, proof of life, everything like that, but it’s going to happen a lot quicker. You can usually do that in a week or two because, as I said, the dollar amounts aren’t all that big. And, you know, getting those cars kind of verified and checked out is pretty straightforward because, you know, 288 GTOs weren’t raced, you know, they had their Evos, stuff like that, you know, a few F40s out there, they had F40 GTs, uh, they had your F40 LMs, you know, those ones are racing and everyone wants the F40 LM, uh, GT not so much, which is weird.

But anyways, um, no, you have those. So again, same process, but it just goes a little bit quicker. So anyways, um, kind of GTO. Cause the other thing I want to talk about, and I’m sure a lot of you guys see this now, as we all know, Ferrari gloriously won the hundredth, Running of the 24 Hours of Le Mans this year and they [00:25:00] did it, you know, coming out of the gate with their 499.

Car is phenomenal. That is just a one phenomenal car. Now, this was kind of the shocker. I’m going to take a drink of my pop. What Ferrari did, behind the scenes, is they went and built a customer, track, track only, because obviously, you know, not street legal, track only car that you can buy. Can’t race it.

It’s not for any race series because it’s not that hardcore, but I mean, it’s hardcore enough. It’s a track only car and it’s kind of, you know, under their program that, you know, where they have the old F1 cars and that kind of stuff that they, they run for you. They’ll store them for you. Just, you ring them up and say, hey, I want to be here.

And then they do special events and hey, they talk truck on there. But They built these things and they’re selling them to customers that, Hey, they want to have that experience and [00:26:00] they want to drive that. I don’t want to say exact car, but I mean pretty damn close and go out and have some fun with it on track only days because that is the big thing.

And I’m sure a lot of you out there that are in the know or you don’t follow what’s going around is, you know, the big blow up and thing now is these, all these private track facilities that you got your garage condo, they have a track, everything like that. And these facilities are awesome. They’re phenomenal.

And obviously they’re catering to people with very, very deep pockets. And if memory looking at that, I should have checked this for I think, but I think those cars are seven to 9 uh, cars, modif, modifica, I think as it’s pronounced by Italians, terrible. Um, but anyways, you know, that’s for these guys. I can’t remember how many they’re building.

Um, That should do my homework a little bit more before I start doing my podcast, huh? Yeah, but anyways, hey, this gives you guys something to do as you’re listening You can pull it up or have you drive and give you something to kind of look up and you know Check the facts and see it gives you a little homework to do.

But anyways, you know So they pulled the obviously rabbit out of the hat. They also [00:27:00] dropped that bomb. It’s like god, that’s awesome Yeah, I mean, you know how much fun that would be to have one of those? I mean, it’s a little, it’s a little mom’s winning car, basically, you know? So again, thing is you got to have an expert team to run it.

So first you got your expense of the car to every time you go and run it, say you go out to the thing and you do, I don’t know, 30, 40, 60 laps. Let’s just say having some fun that right there will probably cost you. Oh, I don’t know. 40 60 grand got tires, the crew, all the stuff, maybe close to 100. I don’t know.

I mean, uh, I’m not in that position to be able to know that, uh, you know, paying that bill. But anyway, so that’s kind of a cool thing that they came out with. So I was very happy about that. It’s neat to see them doing that. But again, hey, it’s a cash cow for him. And I think you’re gonna see a lot more of these.

Those type of scenarios were to take in their race car like that and do it. You know, look at what, uh, what’s that, Rodin, whatever they’re doing, those guys out of New Zealand. Uh, you know, basically taking that F1 car and, uh, [00:28:00] doing that. And again, won’t be any race series, won’t be anything like that. You know, not gonna be, you know, it’s just a track toy for someone that’s got deep pockets.

Now, that one’s, I think, is a little more simplified in, in how it runs and operates as compared to that Ferrari 499. Um, but anyways, that’s the big thing. That’s where things are going. You got people that got this kind of money. They want to have that experience. I mean, they’re never gonna You know, race an F1.

They’re never going to do that, but they can get it. They’re never going to race at Le Mans, but they can get that car and have it, you know, and showcase it and run it and do everything, you know, and, you know, in reality, as long as you do what you’re supposed to do with the car and everything, maintenance wise, upkeep, the whole nine yards, uh, which you would assume they would do, you know, their car is just going to go up in value, you know?

So these guys that get first in with these cars. Get, you know, I would say asked or get, uh, gifted or, you know, get that, you know, golden ticket that, hey. We’ll sell you one, what you want. And you know, you don’t say no, you buy it. Yes, I’ll take one. Thank you, sir. May I have another scenario? No, because that’s the big thing is [00:29:00] being on these lists and everything like that.

And you know, you spend all this money on other, other, uh, lesser models and stuff like that, that gets you into the candy land. So anyways, so I thought that was kind of cool, but anyways, all right. I’m going to let you guys go. Uh, I think I’ve rambled on enough. And again, so I’m going to do my damnedest to try and do more of these.

Um, and get out there because there’s some other things, you know, I’m hopefully I got planned here in the next week or two, hopefully, hopefully doesn’t fall through to drive that new 296 and I’ll give you kind of a little rundown on how that was and that car is supposed to be a lot of fun, you know, supposed to be their entry level car, which you’re still spending 400, 000 on, but anyways, so we shall see, but again, I really appreciate you guys listening.

Uh, and if you want, you know, check out the YouTube channel. Uh, it’s garage 65. I’ve. You know, it’s just, it’s the word garage, it’s the word 60 and then the number five. Uh, so check that out. You know, we’re doing a lot of YouTube channels. I do have the Ferrari marketplace channel as well on the Porsche marketplace channel, but.

I [00:30:00] kind of dump everything into the garage 65 channel because it just kind of encompasses everything I like going to a lot of the shows like Amelia Island Pebble Beach that kind of stuff So take a look check it out like it subscribe to it Try and go because we’re gonna try and do a lot of fun things In 2024 with it and we got a lot of fun of exciting things coming ahead.

So again guys, I really appreciate it spread this around doing everything I can and Everyone. I know you probably won’t listen to us by, uh, tomorrow, which is Thanksgiving, but I hope everyone had a great holiday and, uh, hopefully get this next one, uh, out and, uh, have a great holiday season. Thanks guys.

Cheers.


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Copyright William Ross, Exotic Car Marketplace a division of Sixty5 Motorsports. This episode is part of Gran Touring Motorsports, Motoring Podcast Network and has been republished with permission.