Filed under: Classics, Coupe, Performance, Videos, Ferrari, Racing
When a car is worth millions of dollars, you don't simply write it off when it's damaged - you have it painstakingly repaired. But when that car's worth tens of millions, there's hardly any expense to be spared in its restoration. So after a rare Ferrari 250 GTO crashed a couple of years ago during a special event, its owner (presumably at the behest of his insurance company) sent the damaged specimen back to the factory for a full restoration to its original condition.
The Ferrari in question, GTO No. 3445, is owned by American collector Christopher Cox, who was driving it during a special tour in France organized for the legendary sports racer's 50th anniversary when he collided with another car - fortunately not another one of the GTOs on the road - inflicting significant damage on the highly coveted collector's item.
That was two-and-a-half years ago, and shortly after the accident, Cox entrusted it to the Ferrari Classiche division, which is responsible for restoring classic Prancing Horses and certifying their authenticity. Now the repairs and restoration are complete, right down to the Swedish blue and yellow livery it was originally give in April 1963 by Ulf Norinder and the number 112 he gave it for the 1964 Targa Florio.
Spending over two years restoring a single automobile may seem like overkill to most, but considering the $52 million said to have been paid the last time a GTO traded hands, and the $30 million spent on the one before that, suddenly two years doesn't seem like that long after all. Watch the reconditioned car undergoing its final, post-restoration shakedown around the Fiorano circuit in the video below.
Continue reading Ferrari Classiche brings priceless crashed 250 GTO back to life [w/video]
Ferrari Classiche brings priceless crashed 250 GTO back to life [w/video] originally appeared on Autoblog on Wed, 03 Dec 2014 16:58:00 EST. Please see our terms for use of feeds.
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