Latest / BREAK/FIX the Motorsports & Vehicle Enthusiast Variety Show / The Bianco Speciale: The Remarkable Journey of the Only White Ferrari 250 GTO
Transcript
- 0:00Welcome to Automotive History Live, where the stories drive us.
- 0:05From the grand lawns of Concours to the icons that shape the road ahead, we
- 0:10celebrate the machines, the makers, and the moments that define automotive history
- 0:19All right, folks.
- 0:20Well, we'll gather again here to move on to our next presentation.
- 0:23We have a special panel called What's So Special About the Bianco Specials?
- 0:27It will pr- be presented by Crew Chief Eric, William Ross, and John Summers.
- 0:31And I want to mention, hopefully all of you got a, uh, tire gauge.
- 0:34Appreciate you bringing those.
- 0:35That's- More to come … a gesture that does not fall flat, so to speak.
- 0:39They also have swag bag- Yeah, sorry.
- 0:42They also have, uh, swag bags on the way out, too, folks, if you'd like to
- 0:45grab one, filled with some car care products and other goodies as well.
- 0:48Without further ado, Eric, I'll turn it over to you to, uh, lead the session.
- 0:51Thank you, Matt.
- 0:52Folks, we're gonna have a little fun with this.
- 0:53This is gonna be a live version of one of our Motoring Podcast Network
- 0:57podcast episodes, so we're gonna put the final chapter on the Bianco Speciale.
- 1:02So today, we're diving into the remarkable story of the Bianco Speciale,
- 1:06the only factory white Ferrari 250 GTO ever built, Chassis Number 3729 GT.
- 1:14Featured across multiple of our MPN shows, we tapped experts, historians, and even
- 1:19legendary racers to help us trace this car's journey from John Coombs' right
- 1:24hand drive '60s British club racer to its modern status in a class containing
- 1:29the most valuable and culturally significant Ferraris in existence.
- 1:33Its provenance, its drivers, its engineering, and its impact on the
- 1:37collector market all converge in this presentation to show why this singular
- 1:41GTO stands apart from all the others.
- 1:44That said, as Matt introduced us, I'm Crew Chief Eric from the Motoring Podcast
- 1:47Network, and joining me is William Ross from the Exotic Car Marketplace, and
- 1:51John Summers, the motoring historian.
- 1:53So gentlemen, let's explore what truly makes the Bianco Speciale special.
- 1:58So William, it's not very often that we get called to do a project of this
- 2:04caliber, to a car so special as this, but more importantly, cars of this
- 2:08status do not come into the public eye very often, especially at auction.
- 2:13Can you tell us about how this story kind of fell into our laps?
- 2:16Well, it was a great opportunity for all of us to be involved with
- 2:19Mecum at the get-go when they had the opportunity to auction this car off.
- 2:24Chris Mealy, who is the vice president at Prancing Horse Nashville, was
- 2:27actually driving to the airport after Amelia Island, and he was driving
- 2:31with John Shirley, who was the previous owner of the car, and this
- 2:35gentleman just casually mentions it.
- 2:36Chris says, "Hey, you know anyone that might want to buy John's car?" And
- 2:39Chris was rather like, "Oh, that's kind of a, a significant statement and
- 2:43question to ask." Their actual first thought was, "Let's call Dana." Chris
- 2:47is very good friends with Dana Mecum.
- 2:49I don't know if you're aware, you know, Dana's got an unbelievable
- 2:52collection of cars of all brands, makes, models, everything like that, but he
- 2:55does have some really good Ferraris.
- 2:56But it wasn't something that he felt fit in his, and it just wasn't
- 2:59gonna work, so after some meetings and that, they felt it was probably
- 3:02best to bring it to Mecum Kissimmee.
- 3:04Due to the fact is the Bachman collection was coming there as well, 'cause
- 3:08Chris was very familiar and friends with the Bachman family themselves.
- 3:12All their cars got serviced at Prancing Horse Nashville, so
- 3:15it just coincided very well.
- 3:16That seemed to work as the best opportunity then for selling.
- 3:19That got them to Mecum, and that got us involved in regards to
- 3:23promoting and building up the hype for the car and getting eyes on it.
- 3:26And I got a quick shout-out to Don at Garage Style for also hooking us
- 3:30up with the Mecum folks as well and getting us involved in this project.
- 3:33But let's move on to what makes the Bianco Speciale special.
- 3:37John, you're our resident Brit, so it's appropriate that you talk
- 3:41about the original owner of this vehicle, the infamous John Coombs.
- 3:46So let's talk about the who, the what, the where, and most
- 3:49importantly, the why of this Ferrari.
- 3:51Why this 250 GTO?
- 3:53Let's, uh, let's sort of position up John Coombs a little bit first of all.
- 3:57In the immediate post-war period, there was a big motivation in Britain to do some
- 4:04kind of motor racing, because motor racing made people feel a bit like the war.
- 4:07You know, you built the machine, you put the guy in the machine, the
- 4:11machine went off, it did great things.
- 4:13Sometimes it came back, sometimes it didn't.
- 4:15There was a sense of adventure.
- 4:17There was a sense of winning and losing.
- 4:19So motor racing took the place, I think, for a lot of people that were
- 4:23involved in the RAF and in preparing tanks and that kind of thing.
- 4:27It sort of took the place of the war.
- 4:29So John Coombs was one of those.
- 4:31Formula 3 at the time was Fiat 500 engines in the back of, I guess what we'd call,
- 4:38like, go-karts now But fundamentally, Coombs was involved in this, was quite
- 4:42good, was a handy Formula Three racer, but realized he wasn't gonna be the
- 4:46same, in the same league as somebody like Mike Hawthorn or Stirling Moss.
- 4:51So he becomes a Jaguar dealer, and he's a Jaguar dealer in the
- 4:55southeast of England, in a town called Guildford, just near London.
- 4:59Because he's involved in selling Jaguars, he races Jaguars,
- 5:03win on Sunday, sell on Monday.
- 5:04So the car that we've got pictured behind us is a car that was extremely well-known
- 5:09to the British public in the late 1950s.
- 5:12Really, it's pretty unusual for a British manufacturer, you know, for a
- 5:16British guy to advertise as aggressively as Coombs is advertising here with
- 5:21that number plate, "Buy one." Buy one.
- 5:24You see the car race, it's got the plate on it, buy one.
- 5:27Now, the car's not in British racing green, is it?
- 5:29That's because most Jaguars were in British racing green.
- 5:32So Coombs decides he will have his own livery and will paint
- 5:36the car… It's not quite white.
- 5:38It's sort of gray, isn't it?
- 5:40Did that answer your question, Eric?
- 5:42I'm anxious that I don't talk on too much- … and, uh, and spoil the
- 5:46information later in the presentation.
- 5:48It did, and I think it sets the stage for our audience to
- 5:50understand John Coombs' motivation.
- 5:52But the one thing you missed, John, is why did he buy a Ferrari?
- 5:55Well, 'cause it was the fastest thing out there.
- 5:57There, and he was getting beat.
- 5:58The Jags were slow.
- 5:59Yeah, the Jags were slow, and he was getting beat by Ferraris, which actually
- 6:02segues into where we took this next.
- 6:04And William, during our research, you stumbled across something really
- 6:09interesting about this particular 250 GTO that John Coombs owned, and I can't
- 6:13do air quotes with a microphone in my hand, but it might have been studied at
- 6:17Jaguar, hence reverse engineered, for the benefit of the lightweight E-Type
- 6:22Jag, at which point, John, you asserted that this story about this particular
- 6:27Ferrari might be more important to the history of Jaguar than it is to Ferrari.
- 6:31Yeah, I th- I think it very much is more important to the history of Jaguar than
- 6:35it is to the history of Ferrari, and I think this is why Mecum didn't really
- 6:39seem that clear on, on how to tell this element of the story of the car's life.
- 6:45Because Coombs used the car, raced it, made modifications to it, and then,
- 6:51because he had this close relationship with Jaguar, you know, as part of, uh,
- 6:55regular, you know, meetings up at Browns Lane, the Jaguar factory, he had lunch
- 6:59with Bill Heynes, Jaguar's chief engineer, and said to Bill Heynes, "Look, unless you
- 7:05do something about the E-Type, I'm gonna have to carry on racing the Ferrari."
- 7:11And Heynes was like, "No, no, you know, you represent us." Combs
- 7:15was like, "No, I'm gonna need to race the Ferrari in order to win.
- 7:19The E-Type's just not up to it." So the outcome of that lunch was our
- 7:25GTO, the Bianco Speciale, spending the winter of, I think it was 1962 or 1963,
- 7:33but spending that winter at Jaguar's factory in Browns Lane in Coventry
- 7:37being studied by Jaguar engineers.
- 7:41So it seems quite likely The lightweight E-Type which emerged the following year
- 7:49and was more competitive with the GTOs, it wasn't actually faster, it was, uh,
- 7:52better than, than they had been before.
- 7:53It seems very likely that that lightweight E-Type was a direct result
- 7:57of looking at not just Ferrari GTOs, but specifically the Coombs GTO.
- 8:03Coombs never actually said, "Yes, that happened." He denied it, but it's very,
- 8:08very well known that that's what happened.
- 8:10So he's gonna say, "No, I didn't do that, no," but everyone
- 8:12knows that that's what they did.
- 8:13Everyone besides Coombs knows that that's what happened.
- 8:14So I think it's a great honor for that car, 'cause look, taking someone
- 8:18else's car, let's, "Hey, let's make it like that and make it go faster."
- 8:20So it kinda showcased what that car was right out of the gate.
- 8:24Yeah, it's a very valid point, and we're gonna put a pin in that because we're
- 8:26gonna come back to another special tangent of this particular research that we did.
- 8:31There's someone else in the mix.
- 8:32As we know, history is not linear.
- 8:34It is links in a chain.
- 8:35That's how I like to look at things.
- 8:36There's a lot of other things happening at the same time.
- 8:38There happened to be some other now famous people at Jaguar at the
- 8:41same time that this car may or may not have been there, and this car
- 8:44may or may not have been on track.
- 8:46So we're gonna get to that as we go along, but William, let's talk about the so what.
- 8:49What makes this 250 GTO stand out from all the 35, 36 plus or minus
- 8:563 others that exist in the world?
- 8:58Being the only white one produced from the factory is the big one.
- 9:01One of only eight right-hand drive cars also makes it stand out as a
- 9:05little more special than, I guess, the other ones, I guess you could say.
- 9:08Everyone understands these were race cars.
- 9:10Yes, you could put a number plate on them, drive them on the street,
- 9:11but they were built to race.
- 9:13It wasn't like they were cranking these things out one
- 9:15every week or one every day.
- 9:16This was built over a couple year span.
- 9:18You're only talking 36 cars, so they were spaced out pretty well.
- 9:22Isserini designed the car, but then after the pals revolt happened, he's gone.
- 9:26But Scaglietti, who did the bodies for it, followed along the lines of what everyone
- 9:31else was doing subsequently down the line.
- 9:32But now Coombs, obviously, this being a race car, modified it pretty quickly.
- 9:36It wasn't like it's something over a long period of time, is adding
- 9:38vents to the hood and adding another side vent to the car.
- 9:41As you can see here, when it first raced, it had two on the side.
- 9:45But then as, I believe it was its second race, when it showed up a couple months
- 9:49later at Brands Hatch, it had three vents on the side and it had a louvered hood.
- 9:53Now, the three vents became standard on all the Scaglietti cars 'cause they
- 9:57were following the whole progress, said, "Well, we might as well just put them
- 9:59on there 'cause everyone's doing it."
- 10:00Not so much with the vents on the hood, 'cause then you're getting
- 10:03into aesthetics, but that's how it changed, I guess separating itself
- 10:07from some of the other cars, but it, it really helped with cooling.
- 10:10If you look at other GTOs, the nose, the front end changed.
- 10:14On a majority of them, there's the three portholes that you can remove
- 10:18those You had to take them off by hand.
- 10:20That's gonna give you better airflow, but on later models, the nose on the
- 10:24front changed, the air intakes and the, your marker lights that were
- 10:27on the front also changed in style, design, and function in regards to
- 10:31brake duct cooling and what have you.
- 10:33So this car came out, I wouldn't say different out of the gate, but what
- 10:36set it apart was after it was built, manufactured, and started being raced by
- 10:40Coombs, you know, they realized, "Hey, we gotta do some tweaks and adjustments
- 10:42to this car to make it even better."
- 10:44Far followed, so Galletti saw that and said, "Well, we might as well
- 10:47just do that right out of the gate for everyone else 'cause they're gonna
- 10:49end up having to do it anyways." So I guess you'd say it proves it out.
- 10:52Yep.
- 10:53So it was, uh, a, a nice progression of it.
- 10:55I guess that's one way it helps, too, when you have a car that's
- 10:57got a gestation period of several years instead of something that's
- 11:00just done, "Here's a design.
- 11:02Let's crank out thousands of them." You can tweak it as it goes 'cause
- 11:04there's several things on those cars as they got later produced.
- 11:08They incorporated it permanently, like the rear wing on it.
- 11:11Like, on earlier cars, it's bolted on.
- 11:13Later cars, it's actually built into the body work.
- 11:15So there's a few little tweaks like that you look at, and that's what's neat about
- 11:18these cars is you kind of see them grow in regards to style, design, and function
- 11:22because you're gonna have issues with lift, especially Le Mans, down Mulsanne.
- 11:27So that's where these cars were basically designed to really go fast at, so they
- 11:31tweaked them to fit that parameter.
- 11:33William, you mentioned there's really 36 plus or minus three 'cause
- 11:37there's some series two stuff that gets things confusing in there,
- 11:40but it's over a span of years.
- 11:41But this car in particular, if I remember correctly, 'cause there's copious
- 11:44amounts of data on this car, there's like records, just boxes and boxes of
- 11:48them that we went through that w- with help from Chris and things like that.
- 11:51This car was in the first 12 that were built, so its influence on the rest of
- 11:56the 24 plus or minus three that exist is huge because it set the standard
- 12:00for GTOs that followed after it.
- 12:02Correct.
- 12:03You know, laid the groundwork for all the subsequent ones after.
- 12:05So then it becomes for collectability wise.
- 12:07It's like, do you want an early car because that's the one
- 12:09where they were fine-tuning stuff and just bolting stuff on?
- 12:12Do you want a later car where it was actually then formed into the body?
- 12:14So and especially being right-hand drive as well in the earlier cars,
- 12:19then demand changed, so hey, we need to start making the rest in
- 12:21left-hand drive 'cause that's where the market's at and that's how they went.
- 12:24You know, so i- it's, it's really neat to follow that and see it.
- 12:27You can pull this up on the internet.
- 12:29You just look at all the serial numbers for all the cars.
- 12:31You can see how they progress and just pull up photos.
- 12:34You can kind of really look at this stuff and diagnosis
- 12:36it and kind of see the tweaks.
- 12:37I was just telling John a few minutes ago about looking at photos
- 12:40this morning, like I was, on GTOs and just seeing the changes on it.
- 12:44It was really neat.
- 12:45I don't know, maybe it's just me 'cause I'm, I'm a fanatic about them
- 12:47but it's really cool s- looking at that stuff, just the engineering.
- 12:50And one thing I always, I love and, and mesmerized me is, you
- 12:53know, that was all done by hand.
- 12:54It wasn't like you had stamping machines.
- 12:56You weren't creating dyes.
- 12:57It was all done, and I guess that helps you with tweaking the cars because, hey,
- 13:00you just changed a buck a little bit here, shaved this off on the wood buck there.
- 13:03Let's, hey, let's do this.
- 13:04Hey, let's just bolt it on.
- 13:05Oh, then we can put it on later.
- 13:07In reference to tweaking, this car constantly evolved through its lifetime,
- 13:11unlike a lot of other GTOs that became static or became status symbols and some
- 13:15that were still raced even to this day.
- 13:17This car continually evolved over its lifespan.
- 13:20So when it went to auction in January, it was not technically
- 13:24in its original configuration.
- 13:26It's not necessarily a resto-mod either.
- 13:28Right.
- 13:28So can you talk about multiple engines and other things that this car actually sold
- 13:32with when it went to auction in January?
- 13:34Due to the value of the car and that Colombo V12, the value
- 13:37comes into that motor, and you're not gonna get another one.
- 13:39But the beauty of this was is, especially Ferrari Classiche,
- 13:43is they have the ability to remanufacture pretty much anything.
- 13:47When John Shirley sent it back to Ferrari, the one thing was is the motor.
- 13:52They actually recast a whole new motor for this car.
- 13:55So technically you could say it, it, I mean, it's matched to the car and that.
- 13:58It wasn't like they pulled it from another car, which happens
- 14:01quite a bit with Ferraris.
- 14:02They'll just take it from a different chassis number and
- 14:04throw it into another one.
- 14:05Usually people can trace it down and bring it back to its original car.
- 14:09But again, how does that affect value?
- 14:11Hard to say, but you still had the original motor with it.
- 14:14But the beauty of that is, is you can enjoy that car, take it to events, race
- 14:18it in historic stuff, and not worry about damaging the original motor- Mm-hmm
- 14:22which is fantastic to be able to do.
- 14:24'Cause then they get to share it, which is great to see, too.
- 14:26John was very good about doing that, and the new owner, David Lee, he's really,
- 14:31really good about taking this car out.
- 14:32In the short period of time he's owned it, he's already been sharing it
- 14:35immensely, which is great to see, 'cause that's where these cars need to be.
- 14:37I mean, any car, any of these historic cars like that need to be shared,
- 14:40seen, driven, put out in public, 'cause, you know, these things are
- 14:43pieces of art, no matter what it is.
- 14:45Look at a Pinno.
- 14:46A Pinno is a piece of art.
- 14:47Just look at it.
- 14:48I mean, I think it is.
- 14:49I, I just appreciate it.
- 14:50Well, speaking of art, let's hyper-focus on the color a little bit more.
- 14:54John, you and I debated this ad nauseam about this particular white.
- 14:58Is this Coombs white?
- 14:59Is this Alpine white?
- 15:00Was the car originally white when it left the factory?
- 15:03Both of you mentioned how Coombs's cars left Jaguar in that
- 15:06particular white to stand out from the rest of the racing crowd.
- 15:09This car's been repainted a bunch of times.
- 15:11It's been repainted yet again even this year.
- 15:13We'll talk about that a little bit more as we talk about the future of this car.
- 15:16But my big conjecture was that because of the body work changes, which were
- 15:21not done by Ferrari, adding the third vent, adding those hood louvers that
- 15:24you saw, that's custom body work.
- 15:26The front half of that car had to be painted at some point.
- 15:29Whether that matched Ferrari's paint, I don't know if they sent buckets of
- 15:32spaghetti and paint along with it, with the car, when it showed up in England.
- 15:35But let's talk a little bit more about this Coombs white
- 15:38and the legend behind it.
- 15:39I think that is quite an interesting point, Eric, because y- William mentioned
- 15:43this is one of the first dozen GTOs made.
- 15:46I think it speaks to how much respect Ferrari held Coombs in that Coombs was
- 15:53able to order a car- Yeah … at all, that he was able to get hold of a car at all.
- 15:56I think that's pretty significant.
- 15:58So clearly he's got it in his workshop, and as Eric just said, you know,
- 16:02he's gonna have painted the car.
- 16:04Would it have come from
- 16:05I mean, was it Fantuzzi who built the car, William, or was
- 16:08it Scaglietti who designed it?
- 16:10And then I, I wasn't sure- Well, Pininfarina designed
- 16:12it, and it was designed off of the 250 GT- Short wheelbase.
- 16:15In essence, what the design was for was for Le Mans And that's
- 16:19kinda how Enzo was trying to skirt the rules, 'cause for homologation
- 16:23purposes you had to build X amount.
- 16:23Bizzarrini is like, it's the same chassis, same wheel base, it's just
- 16:26the body's tweaked a little bit.
- 16:28It was Scaglietti that built the bodywork, but Bizzarrini was basically the designer.
- 16:32Scaglietti did a lot of the changes upstream down the line.
- 16:34So I guess it was my thought, is whether it left the factory in Italy in, in red,
- 16:39how it got to Coombs' place in Guildford, and did it have the modifications then?
- 16:43Probably not.
- 16:44I've got a feel like Coombs and his guys went out and thrashed it- Mm-hmm … and
- 16:49it overheated, so they cut the louvers.
- 16:51And then in order to get it ready for racing, I mean, you saw how
- 16:55perfectly prepared that Salvadori Jaguar Mark 2 was in the slide earlier.
- 17:00I don't think it's a coincidence that Coombs' place is only about 15 or 20
- 17:05miles from where McLaren are based now, and we all know the kind of McLaren
- 17:10standard, that you win the race by being better prepared, by everything
- 17:13being cleaner and more precisely made than what the other guys are doing.
- 17:17So Eric, I think the white paint's really important, because I think the,
- 17:21the car, you know, whether it came from Italy in red or white is not relevant,
- 17:25but by the time Coombs had it and had raced it, it was in that white.
- 17:30And I think Mecom were right to make a big deal out of the fact that it was white.
- 17:34At the time I wasn't sure about that, but after we did the
- 17:37research, I was like, you know what?
- 17:38They were right to make a big deal- Yeah … out of it being white.
- 17:41Well, it took a little… John ordered the car through Maranello
- 17:43Concessionaires in, uh, England.
- 17:46So, you know, when you ordered your car you went to the dealer.
- 17:48There was a gentleman, though, in Italy at Ferrari, Alfredo Reali.
- 17:52I don't know if I'm pronouncing his last name right.
- 17:53I'm not Italian, so my apologies.
- 17:55But this is, like, basically the precursor to the tailor-made programs
- 17:58they have now where, you know, if you're a very well, high-place customer,
- 18:01you can order whatever you want.
- 18:02So there was internal negotiations in Maranello by Alfredo on John's
- 18:07part, or Maranello Concessionaires' part, to get that car in white.
- 18:11So, but again, did it leave there?
- 18:12We don't know.
- 18:13There's, there's no confirmation of that.
- 18:14But there was some negotiating going on internally to allow that car to be white.
- 18:20John unearthed this picture from somewhere.
- 18:23I'm sorry if it's a little grainy, it just happens to be the quality of it.
- 18:25But I, I absolutely adore this picture because it exemplifies
- 18:28why the white was so important.
- 18:30Just looking at this, you realize it stands out from the crowd,
- 18:32regardless of what is with it.
- 18:34And there are other 250 GTOs in this picture with the bianco speciale.
- 18:39You have the red, the green, there's some Jaguar E-Types,
- 18:41there's another red one in the back.
- 18:42That white, it's grainy here, but it just pops when you see
- 18:45this picture in real life.
- 18:46I was gonna say, Eric, guys, just look at the grid.
- 18:49This is the 1961 or 1962, I think it's '62- Yeah … Silverstone
- 18:54International Trophy race.
- 18:55Those two Aston Martins are one-offs, aren't they?
- 18:58It's the
- 19:01Aston Martin Project 212 and 214.
- 19:02I, I think you're looking at probably half a billion dollars in terms of
- 19:07current value on, on those racing cars.
- 19:10So that's a freak of the moment.
- 19:11But yeah, look how many green cars there are, look how many red ones there are,
- 19:14and they just kind of fade into the background, but the white stands out.
- 19:18And I feel like Coombs was aware of that.
- 19:21It wasn't just the Mark II that was white, it wasn't just the GTO that was white.
- 19:24The E-types he raced were in that- Yeah … were in that white as well.
- 19:28Sort of dove gray, I think that was the Jaguar- I
- 19:30think … brand name for the color.
- 19:31So John, again, thank you for bringing this up, but this segues
- 19:34us into a deeper conversation about its racing pedigree, especially
- 19:37in the British club racing scene.
- 19:39So let's talk about some of the famous drivers who drove this
- 19:42car or, and/or owned this car.
- 19:44Okay.
- 19:44These, uh, these chaps that we've got driving it here.
- 19:48No names.
- 19:48All of them are no names.
- 19:49I'm, I'm, I'm straining.
- 19:51So we, we talked about Coombs already.
- 19:52Graham Hill, you must know that name.
- 19:54I mean, the guy won Le Mans, he won Indianapolis 500.
- 19:57He's, he was Formula One motor racing champion a couple of times, and also a
- 20:01great representative for our sport, right?
- 20:03A funny bloke and a great storyteller, and a real tragedy that he went in
- 20:07the, in, in the way that he did.
- 20:09Coombs hired him to drive the car, right?
- 20:11And the stories of the early tests where he drives the car and
- 20:14is unhappy with it, and demands Coombs makes all these changes.
- 20:18And Coombs says yes, and doesn't make the changes, and Hill comes
- 20:21back and drives the car and says, "It's much better now. Thank you
- 20:23for making those changes," right?
- 20:25And I mean, look at his face, right?
- 20:27You can see the kind of bloke that he is.
- 20:28Salvadori.
- 20:30Salvadori won Le Mans with Carrol Shelby.
- 20:33He actually died, when Shelby died, Salvadori died just a few days later.
- 20:37He did participate in Formula One.
- 20:39He was a back marker in Formula One, I think for Aston Martin.
- 20:42I think alongside Shelby when he, when at Aston Martin at that time.
- 20:46But, you know, for Salvadori, this is somebody who would've
- 20:49done all right in NASCAR.
- 20:50He didn't mind.
- 20:51Rubbing was racing.
- 20:53And he said about after Mike Hawthorn died, "If I ever met Mike on the road,"
- 20:57'cause the two of them lived in Southern England, "If I ever was driving on
- 21:00the road and I met Mike, I knew we were gonna have a hell of a dice."
- 21:04In other words, these were two guys who would race like Curtis Turner
- 21:08and Joe Weatherly on the road.
- 21:10Not quite as bad as Turner and Weatherly, I've gotta say, but you
- 21:13know, the British version of Turner and Weatherly on the public highway.
- 21:17Rose, you're also fantastic for that.
- 21:19They are indeed.
- 21:21And the third owner, Jack Sears, now Mecom's material didn't make a big deal
- 21:24out of him, 'cause I guess, you know, Hill and Salvadori were, were the big names.
- 21:28But Jack Sears was a big name in, in British touring car racing.
- 21:33I guess the big thing about Sears was that he had the foresight to buy a
- 21:37Holman-Moody Galaxie when they were racing in NASCAR, so it had this
- 21:41honking 500 horse 427 motor on it.
- 21:44So you imagine when you went to a circuit like Silverstone or something,
- 21:48I mean, the story Jack Sears tells in this Galaxie is he was on pole.
- 21:52Away from the start he didn't try that hard, a few of the Jaguars passed
- 21:56him, but by the time he'd got down to Becket's, which isn't even the
- 21:59main straight, he'd just blown all the Jaguars off without even trying.
- 22:02Like, on part-throttle he'd blown them off.
- 22:04So British saloon car racing, when we think of the early '60s,
- 22:09and as an Englishman, you think of Galaxie's and Jaguars, and
- 22:12Jack Sears is the driver of…
- 22:14So what happens?
- 22:15How come Sears owns the GTO?
- 22:17He's around the British club racing scene.
- 22:19Coombs can't get rid of the car, and it ends up with a guy called J.A.
- 22:25Pearce, who's based in a town called Slough, that's just west of London.
- 22:29Now, if you've been to Windsor Castle, if you've taken a trip to England,
- 22:32you've been to London, you've gone out to Windsor Castle, Slough's
- 22:35just the other side of the freeway.
- 22:37Slough's horrible, Windsor's really nice.
- 22:39Windsor's where the royals go to school.
- 22:42Slough is where they built the Ford GT40.
- 22:45Slough is also where J.A. Pearce was, and J.A. Pearce took the engine out
- 22:51of our GTO and put it in the back of a Cooper single seater and raced it
- 22:56pretty successfully in, in the '60s.
- 22:58What happened to the body we're not really sure about.
- 23:01It just sort of sat around with Pearce's for a little bit, and eventually a sale
- 23:06is made of the body, the roller, to Sears.
- 23:10Sears puts a normal 250 GTO motor in it, paints the car red, and for most
- 23:15of its life, this is how it lives.
- 23:17Right up until the John Shirley period, it's in this red,
- 23:21it's carrying the wrong motor.
- 23:22The real change was where in the early '90s when there was the first classic
- 23:28car boom and when the 250 GTO became established as, quote, 'The most
- 23:33valuable car in the world,' close quote.
- 23:35All right.
- 23:36Well, there is a driver missing from this list that we're
- 23:38gonna get to in a little bit.
- 23:39He didn't necessarily drive the 250 GTO that we're talking about, but
- 23:42he was there in the paddock with some of these most favorite drivers.
- 23:45But I want to take a minute to highlight some of the racing shots
- 23:48that we were able to get from the various archives of the car in action.
- 23:52William, is there anything you want to add about this while
- 23:53I kind of flip through these?
- 23:54You can see evolution, changes in the car in regards how it
- 23:58just evolved over its life.
- 24:00These are great, great photos.
- 24:02I don't know about you guys, I spend hours online or on my phone just
- 24:05looking at old stuff like this, 'cause there's so many resources
- 24:07you have to be able to access them.
- 24:09Definitely check out Revs Institute's site.
- 24:12That is phenomenal.
- 24:13But you can see how things change by seeing the three portholes.
- 24:16Like I was talking about before, see the opening here on the nose, in subsequent
- 24:19older cars, that got elongated.
- 24:21Those were actually lights, but then you can see they removed the lights and
- 24:24then turned them into cooling ducts.
- 24:25Later built cars, that design all got changed and tweaked.
- 24:29Again, for cooling.
- 24:30I don't know if it was too much for aerodynamics and front end
- 24:32lift to get a little more aero onto the front end to keep it down.
- 24:36Even then, you know, you're reaching, you know, almost 200
- 24:38miles an hour on the Mulsanne.
- 24:40So Aerodynamics, I guess you would say, in its infancy.
- 24:43Wasn't like they had all these computers and fluid dynamics
- 24:46and stuff like that to study it.
- 24:47It was kind of more along the lines of just eyeballing it, or
- 24:50the old school ways, they put the tape on the strands- Yeah
- 24:53and just watch it drive around and see where the wind flow
- 24:56was going and stuff like that.
- 24:57So they knew it was there, but you know, trying to understand it, it's a
- 25:00black art as they say, and Adrian Newey seems to have it down to a science.
- 25:05Not this year.
- 25:05Not this year, no.
- 25:07But, you know, I mean, they're just gorgeous cars.
- 25:09Why they get to the value they are, I mean, yes, there are so few built, but
- 25:12then you start really getting down in the nitty-gritty, it's like, well, why
- 25:15is that one worth more than this one?
- 25:16And, you know, a lot has to do with history and everything like that,
- 25:18but this car was raced extensively throughout its life, so it wasn't
- 25:22like it was put away and hid anywhere, so, which is also great to see.
- 25:26And there's copious, copious notes and just history and everything on this car
- 25:30itself, on this specific chassis, that you can follow through and just see its life.
- 25:33And it's kinda interesting to see, because it's a race car.
- 25:36I mean, yes, you can drive it on the street, but you know,
- 25:38just see how it was utilized.
- 25:39And like John was saying, "Hey, Jack Sears bought it, then he just stuck it
- 25:42in a corner to pull the motor out of it." I mean, at that point in time, it
- 25:44was worth a couple thousand dollars.
- 25:46I mean, you hear the stories.
- 25:47You know, the one that got donated to the school for high school kids
- 25:50to work on and everything like that.
- 25:52That's the one that Ralph Lauren owns now.
- 25:53Uh-huh.
- 25:54These stories are great, you know, and that's what's fabulous about
- 25:57institutes like this, Revs, to keep that alive and give you that
- 26:00opportunity to be able to study this stuff and just follow its history
- 26:03because these, these stories are great.
- 26:05Eric's got some great podcasts that he does in regards to, like,
- 26:09an Evening With a Legend and that, you know, talking to these guys.
- 26:11It's great that we're able to document that and record this for subsequent
- 26:15generations and hear it because they pass on, those stories die with them.
- 26:18They're not told and kept alive.
- 26:20They're just awesome to see.
- 26:21I love it when my colleagues do my job for me.
- 26:23It's great.
- 26:26As William mentioned, you know, we wanna segue into this hidden
- 26:29driver, this mysterious person we've been talking about.
- 26:31So to William's point, once we started connecting the dots and looking at how
- 26:36all the evidence that we had lined up, the time period, where this car was,
- 26:41who was in the car, who was racing, the teams, who they were competing against,
- 26:44it dawned on me when I was sitting down with David Hobbs for an episode of
- 26:48Evening With the Legends, some of you are very familiar with that program.
- 26:51Yeah.
- 26:52Nobody famous in the racing world at all.
- 26:54So I'm sitting there talking to Hobbo and he's telling his, you know, after
- 26:57dinner spiel, as John likes to call it.
- 26:59He's very good at that.
- 27:00He's recounting his life story and starting in the early days in the '60s and
- 27:03racing in British Club Racing and racing for his dad and prototype transmissions.
- 27:07And, and he mentions Graham Hill and seeing these people, blah, blah, blah.
- 27:11And at the time, it didn't all come together because we had talked to Hobbo
- 27:15before we started this project, but when we got midway through, I do what all good
- 27:19hosts do, and I called him up and I said- "David, I am working on this project.
- 27:23It involves this car, and these places, and these people.
- 27:25I would like to have a conversation about your experience." Because as we
- 27:29thought about it, there's nobody really left to tell stories about this car.
- 27:33And for us, it is to William's point about capturing the living history.
- 27:36So it m- felt right to call up David, and he was very, very cool about it.
- 27:39He's like, "Absolutely. Let's get on and let's have a conversation. You know,
- 27:42let me tell you about my experience club racing there with Graham Hill,
- 27:46Roy Salvadori, and seeing this car in person at the track." I think this
- 27:50next slide, hopefully the video plays.
- 27:51The era of racing, club racing, obviously it was a feeder system
- 27:55of sorts for young drivers.
- 27:57Obviously there were, uh, some older drivers.
- 27:59Not many, but I mean… And a lot of people that did club racing had
- 28:03no interest in going any further.
- 28:05The people like me, and Jack Sears, and Graham Hill, and Jimmy Clark
- 28:09they had designs on, on going into, into professional racing, even though
- 28:13there wasn't much money in it really, very little money at the time.
- 28:17That was my, of course, obviously John Coombs was there at that meeting
- 28:20as well because Graham Hill was driving his, uh, John Coombs' E-Type.
- 28:25This is before the Ferrari came along.
- 28:27Coombs was very successful.
- 28:28Graham Hill drove for him in the, uh, in the 3.8 Mark II, which was also white.
- 28:33He drove for him in the E-Type, which was white, and then of course
- 28:36they got the, the 250 GTO, which of course was a hell of a car.
- 28:39What we're thinking about is can you look at this Ferrari and say, well, the
- 28:43guys at Jaguar obviously looked at this Ferrari and then made these changes to the
- 28:49Jaguar as a result, and therefore we need a early lightweight E as a comparison.
- 28:54I, I think really that the Jaguar were trying to, uh, I don't know about
- 28:58crib, but to try and actually improve the E-Type by following the Ferrari,
- 29:04some of the Ferrari practices, uh, rather than the other way around.
- 29:07I mean, I think the Ferrari was always the quicker of the two cars.
- 29:10All right.
- 29:10The clip speaks for itself.
- 29:12The most important part, the reason we left the question in from John, that
- 29:15middle break, so he talks a little bit about the club racing experience, seeing
- 29:18Graham Hill, all that kind of stuff.
- 29:19That other part, the missing link here, is that at the same
- 29:22time all of this is happening, David Hobbs is working at Jaguar.
- 29:26So he's in the research and development department, and he's one of their
- 29:29factory test drivers at that point.
- 29:30Very young in his career, very early on.
- 29:32So that's what kind of brought all this together, and so that's, if you
- 29:35wanna see the rest of that interview, you can actually scan the QR code or I
- 29:38can send you the link later, but it's very, very interesting to see it from
- 29:41a racer's perspective who lived it and was there looking from the outside in.
- 29:45So William, we need to get on to why is this so special today in 2026?
- 29:50I think that conversation starts off with the exclusive GTO Owners Club.
- 29:55Yeah, I mean, obviously more recent owners, say in the past 20 years, you
- 30:00know, have obviously spent millions of dollars acquiring it, but you
- 30:03still have several that have owned their cars for many, many decades.
- 30:07But you got some great people that own them, and it's great to see a good portion
- 30:10of them share their car with the world.
- 30:12Lord Bamford's got actually two, so he's in that very unique club.
- 30:17He's a JCB guy.
- 30:17Yeah.
- 30:17He's like earth moving.
- 30:18Yeah, so I should say, yeah, Lord Bamford.
- 30:21But I always love telling the story about Nick Mason.
- 30:23I mean, I'm sure everyone here is familiar with the band Pink Floyd and who he is.
- 30:27Well, in the '80s when they were doing, I say, a comeback tour,
- 30:30relaunching their tour, they needed money to get things going.
- 30:34They needed about a million bucks.
- 30:35So I mean, you're talking about '80s, what's that?
- 30:37Maybe like 10 million today, and you look at numbers.
- 30:39Nick had the car.
- 30:40So what do they do?
- 30:41Put it up for collateral, got the loan against the GTO to pay for that tour.
- 30:45Obviously, it was rather successful, so he got to keep the car.
- 30:48They didn't repossess it.
- 30:49But I always thought that was a great story regarding Nick and his car.
- 30:51But again, he's one too that absolutely loves and enjoys car racing.
- 30:55I mean, he's, he's a racer at heart.
- 30:56His wife drives the car immensely, his kids do.
- 30:59His son-in-law is Dario Franchitti's brother, Mario Franchitti.
- 31:01Yes.
- 31:02So I mean, there's racing through and through in that family.
- 31:05But, you know, there's some very, very famous people.
- 31:07Like I said before, you know, Ralph Lauren's got the car that was donated
- 31:10to the high school for high school kids to work on and learn the car.
- 31:13It kind of would blow your mind today, but again, back then, you
- 31:17know, I wouldn't say it was just a car, but it was just a race car.
- 31:19It was old.
- 31:19Yeah, it was worth a few dollars, but it wasn't what it's worth today.
- 31:23I would say it's either unfortunate or however you wanna view it You know,
- 31:26maybe that's what drives the value today is because individuals like
- 31:30that set the precedent that I have more than you, so they're willing to
- 31:34pay more because they have the money to do it, so it drives up the price.
- 31:37Yeah.
- 31:37But fortunately, there's several individuals that do own them,
- 31:40that do share it with everybody.
- 31:42They drive them.
- 31:42I know every couple years it's kept secret because they don't want people
- 31:46knowing where all these cars are gonna be at once, but they have a, a GTO
- 31:49Owners Club and they do, I dunno, every two, three, four years, something like
- 31:52that, they put together a driving tour.
- 31:55They meet somewhere.
- 31:55I know they've done it in the United States several times.
- 31:57They'll just pick a nice area and get an itinerary set up.
- 32:00They'll stay at Motel 6, stuff like that.
- 32:03You know, eat McDonald's.
- 32:04Stuff like that, but anyways, they're real nice people.
- 32:06I mean, a couple of them you can approach and talk to.
- 32:09They're more than happy to talk to you about the car.
- 32:10Yeah.
- 32:11Other ones, you're never gonna get near them, but you always have the respect and
- 32:14appreciate- Yeah … the individuals that they understand and want to share the car.
- 32:17It's very impressive, that list of owners.
- 32:19Yeah.
- 32:20Two important things about this as we transition in, into the next slide
- 32:23here is that David McNeil has the world record setting Ferrari 250 GTO,
- 32:28and we're gonna talk about that as the high end of the value of these cars.
- 32:31But more importantly, as you sort of alluded to there, it's longtime ownership.
- 32:35They don't change hands very often.
- 32:37That's something we want to hone in on, we want to reiterate.
- 32:40And our GTO, as John likes to call it, has only changed hands
- 32:44five times in 60 plus years.
- 32:46And the first two owners were very, very short.
- 32:48The guy with the used car lot- Yeah … and John Coombs only had
- 32:51it for a couple of racing seasons.
- 32:52But then Jack Sears and, um- John Shirley … John Shirley, over 30 years?
- 32:56Yeah.
- 32:56Yeah.
- 32:57Yeah, so they, it, it was in long-term ownership.
- 32:59Yeah.
- 32:59I said a lot of these individual, like Nick's owned his car since '77.
- 33:03Long time, yeah.
- 33:04Yeah, so I mean, there, there's quite a few that have had, like Lord Bamford.
- 33:07He's had his for ages too- Forever … as well, so.
- 33:09Coming to market in the past 10, 15 years, we've seen a couple pop up at an auction.
- 33:15You know, and obviously all the scuttlebutt starts, "All right, what's
- 33:17it gonna go for, this and that?"
- 33:18But majority of these cars, when they do change hands, they're
- 33:20gonna change hands privately.
- 33:22Individuals in that tax bracket usually like to keep all their stuff private.
- 33:26They just work through individuals that have the means or knowhow and contacts.
- 33:31Someone knows someone that wants another, wants one.
- 33:33So it's usually not too difficult to find someone to purchase the car, but
- 33:37you really don't hear about it a lot because they change hands privately.
- 33:40And if you're interested, that's what he does for a living, so.
- 33:42Talk to him after.
- 33:43That being said, the range for these cars is a noted $35 to $75 million.
- 33:49So David Mc- McNeil's being on the high end of that, $75 million,
- 33:52that number was leaked out because that was a private sale.
- 33:55Well, and that, and the McNeil car was considered a great car- Yep
- 33:58because it's the only silver one, and it's one that won at
- 34:01the Tour de France one year.
- 34:03Correct.
- 34:03So it has a, it has a good race history, and it's a very distinctive looking car.
- 34:07And, and as William said, if the transactions are private, how do
- 34:10we know what Dave McNeil paid?
- 34:12The answer is we don't really know what Dave McNeil paid.
- 34:15There's just gossip in the space- Yeah … and that number has
- 34:19always been 70 or 75 million.
- 34:21I've heard both of those numbers various times.
- 34:24I just want to touch on, on the range here, and it
- 34:26reflects on, on the white car.
- 34:28The $35 million car was a car that Bonhams had probably about
- 34:3210 years ago now, if you look back at their records, and this car was
- 34:37considered as having a poor history.
- 34:39Yeah.
- 34:39And its poor history was because when it was bought new, it was
- 34:43bought by a wealthy French guy.
- 34:45Early in its career, it may have been at a motor racing event or it may
- 34:48have just been on the road, but the guy wrecked it and was killed in it.
- 34:51Now, I've not dug into the provenance.
- 34:54I'm sure the people at Bonhams would know, but it seems very likely,
- 34:58often in these kind of situations, the family just keep the car.
- 35:02So you're probably waiting for a significant person, maybe a wife
- 35:06or a mother, to pass on before the car can come back to market.
- 35:11So that's what happened with that car.
- 35:13But so that's had no history at all, and what history there has been has been poor.
- 35:18So that car was clearly going to be the bottom of the range.
- 35:21So when we approached the Mecum auction, the feeling was, if 35 is the
- 35:27bottom and 75 is the top, but just last year we saw that Mercedes make 140,
- 35:34well, gosh, could this, the white one, great provenance, pretty original, could
- 35:39this be the first $100 million Ferrari?
- 35:42Could it even do more than the Uhlenhaut Coupe?
- 35:45That's what- Right … we were wondering up at Mecum, weren't we?
- 35:48Yeah, that's right.
- 35:49Yeah.
- 35:49They had some ideas floating around.
- 35:51So what we did is we called in our Canadian buddy, David Nyens, who runs
- 35:54Motorcopia, and he has a fantastic analysis program that he's written,
- 35:58and he came up with a valuation based on provenance, based on all this other
- 36:01information about the car, and he came up with a number of $63 million.
- 36:05That was what we went in for.
- 36:07That's what we were thinking.
- 36:08But let's talk about what actually happened.
- 36:10Mecum was the chosen auction.
- 36:12William, briefly, how did it end up at Mecum?
- 36:13There's a story there, too.
- 36:14There was crickets.
- 36:17I, you know, Chris Beale from Prancing Horse was, you know, an individual
- 36:20stated earlier bringing this to Mecum and bringing this to Dana, and getting
- 36:25everything set up and agreeing to all the terms and all that kind of stuff.
- 36:28So it was obviously very much hyped, and Mecum was obviously ecstatic
- 36:32to have this car, 'cause that is a feather in an auction house's cap
- 36:36to have a GTO cross their block.
- 36:38You know, obviously they put a lot behind it.
- 36:40As John was stating, you know, Mecum had very high hopes and people were
- 36:44throwing around some very large numbers.
- 36:46People say, "Well, it's only one of eight right-hand drive,"
- 36:48this and that, you know.
- 36:49I sa- I had my thing, I was at 40 to 45.
- 36:52A few other people were on kind of my thought process too.
- 36:55I feel being right-hand drive diminishes value because when an
- 36:59individual that can afford that car, they want the car they want.
- 37:04They won't just, "Well, we have one's available. It's only one
- 37:06of the 36, so I better grab it." That's not how they think.
- 37:09They're gonna get what they want.
- 37:10So stepping up to it, and I believe where it hammered at- was at a price point that
- 37:17the buyer, David Lee, was comfortable paying for it and wanting a GTO.
- 37:22Would he probably have preferred a left-hand drive?
- 37:24I'm sure, but then he was probably gonna pay 15, 20 million more.
- 37:27But you never know what something's worth, what some- what
- 37:29someone's willing to pay for it.
- 37:31Yeah.
- 37:31That's where auction process and going in front of an auction like that, it can
- 37:35skew numbers, it can throw numbers off.
- 37:37It can also set market values.
- 37:39Those cars, it's when someone wants that specific car, 'cause
- 37:42of provenance, history, someone will step up and pay for it.
- 37:45The numbers were kind of getting way up there- Yeah … in regards to what
- 37:48some people thought it was gonna bring.
- 37:49And unfortunately, there's a lot of what if, there's a lot of speculation,
- 37:52there's a lot of had it gone to Sotheby's, had it gone to Bonhams, had
- 37:57it gone here, had it gone there, would it have hammered at different numbers?
- 37:59Honestly, it's irrelevant, because the type of person that's going to buy that
- 38:03car is going to be in a very slim margin of people that can afford that car, and
- 38:07we know the window of opportunity in terms of its value, so 35 million to 75 million.
- 38:12So y- you funneled everybody down, and I don't think it matters where it lands,
- 38:16because if you're willing to pay what it's worth, which is different than its
- 38:20value, then that is extremely important.
- 38:22So that's why, in the end, what makes David Lee's purchase of the
- 38:26250 Special is that somebody still wants to buy one of these in 2026.
- 38:31And more importantly, some people might say, "Well, if you compare it
- 38:34to Nick Mason or you compare it to Lord Bamford, you know, how many gray
- 38:37hairs do they have versus David Lee?"
- 38:39But you have to also think back, how young was Nick Mason when he bought his 250 GTO?
- 38:44So now the clock is sort of resetting.
- 38:45Are we going to see a new breed of 250 GTO owners going forward?
- 38:50Which brings us really, John, to a conversation about the future of the
- 38:54250 GTO, and maybe ours in particular.
- 38:57Yes.
- 38:58I thought we were gonna talk about the modern supercars now.
- 39:00We are.
- 39:01There's one more slide, though.
- 39:02Oh, okay.
- 39:02Because the future, the future of this car is really interesting.
- 39:05Serendipitous, in a way, because right after the auction, of all
- 39:09people, Mattel decided to cast it and immortalize it in their Vintage
- 39:14Racing Highline series of cars, right?
- 39:17What an incidence.
- 39:18Or maybe something more.
- 39:19I don't know how fast Hot Wheels can bring out a car, but it was I mean,
- 39:23down to the very triple gill side vents and the number 10 every…
- 39:27It looks a lot like David's car.
- 39:29You never know, maybe one of you guys could be walking home with a car.
- 39:31Yeah.
- 39:32That being said, there is a special treat in this bin up here.
- 39:35If you are interested in owning your own Bianco Speciale white 250 GTO, they are
- 39:40in that bin for you to take home with you.
- 39:42Not all of them have one in it, so have, you gotta be aware of that.
- 39:44I said so.
- 39:44Look for the green dot.
- 39:45It's gonna, it's a, it's a random pick.
- 39:47All right, John, you wanted to talk about this, the future of these cars.
- 39:51I kind of did wanna talk about this, just because when we left Mecum,
- 39:54I was left feeling a little bit like, oh, 'cause that, the white car
- 39:58made 36, so that seemed low to me.
- 40:01I felt like it was worth more than that, and I was very surprised by
- 40:04that because this orange Porsche 918 that you see at the top of the screen
- 40:09there, it strolled across the block just before, and the estimate on it was
- 40:13three to five, and it made that six.
- 40:16And we also watched this Enzo here.
- 40:19The estimate was definitely under 10.
- 40:21I think the estimate was, like, three to five, and then it went ahead and made 15.
- 40:26Now, further to this, I've a neighbor who has a couple of Ferrari 308s.
- 40:31He was telling me, I was, I was saying to him, "Oh, I listened to a podcast
- 40:35last night, and they were saying 360 Challenge Stradale," so this is
- 40:39the Ferrari 360, but the street race version of it, Challenge Stradale.
- 40:43360s now, they used to be a 250 or $300,000 car.
- 40:48I had read that one had sold for 600, and he said, "What? I heard about one
- 40:53that went for 800 last week." So we're in a very, very strange place with
- 40:59values for certain collector cars.
- 41:03Now, the question, who's buying these cars?
- 41:05We spent a long time talking about that at Mecum, but as we were walking back
- 41:09to the car, I found myself thinking This is a passing of the baton, isn't it?
- 41:13That those of us who have been around the space a little bit will remember when the
- 41:16most valuable cars were Duesenbergs, the Olympian stuff of the interwar period.
- 41:21And then all of a sudden, the post-war racing cars driven by
- 41:25the Nick Mason generation buying cars, those cars went up in value.
- 41:30And I still know people at Pebble Beach who look at a Packard and look at a
- 41:34Ferrari and, like, roll their eyes.
- 41:35They're like, "How can you even compare one with the other?" Well, I'm feeling
- 41:40like that at the moment as the Bianco Speciale underperforms and the orange
- 41:47918 does nearly double the estimate.
- 41:52Now, I don't know, maybe if you like orange.
- 41:55I don't know.
- 41:55I mean, there are some teams- There are some, there are some football teams
- 41:59that play in orange, aren't there?
- 42:00You've got a- It's papaya.
- 42:01That's what I keep saying … maybe, maybe if you, maybe if you
- 42:03love the orange, you know.
- 42:05But I just gotta believe that the person who bought that car bought it so that
- 42:10when you go to an event, everyone knows, you know, you're there because you've
- 42:15got the only orange, the paint to sample, the only orange 918 that there is.
- 42:21So I think that's how the hobby's changing.
- 42:24I think you can see it in the price, and I think this is the inflection point.
- 42:28Yeah.
- 42:29People are getting more about status and being able to say, "Oh, this is one of
- 42:33one," and that instead of actually, hey, you know, just about what the car is.
- 42:36And it's unfortunate 'cause it's pricing many and many people out of getting even,
- 42:41I'd say, an entry level collector car.
- 42:44It's not affordable.
- 42:45Instead of something, you know, what was two years ago was, say, 150.
- 42:48And again, that's not, you know, money to sneeze at, but it's definitely in the
- 42:52realm of possibility for a lot of people.
- 42:54Now, all of a sudden, it's worth $400,000.
- 42:55Like, well, I can't do that.
- 42:56Yeah.
- 42:57You know, it just, it's unfortunate.
- 42:58Well, folks, I know we went over time.
- 43:00We could probably talk the rest of lunch and the afternoon
- 43:03on this particular topic.
- 43:04So we don't have room for questions, but we will take them during lunch
- 43:07if you want, or during the break.
- 43:08But if you are interested in learning more about what we do, the things
- 43:11we talk about, each of us have our own shows on the Motoring Podcast
- 43:14Network, or you can go back into the archive and learn all about the Bianco
- 43:17Speciale and all the different things that we researched along the way.
- 43:20So with that, I appreciate everybody's time, patience, and
- 43:24appreciate you guys listening to us.
- 43:25And if you guys want a swag bag, just raise your hand, and these two young
- 43:28ladies right here will- And they shall pass them out … bring them out.
- 43:45This episode is made possible by the Studebaker National Museum,
- 43:49the home of South Bend, Indiana's automotive and industrial heritage.
- 43:53The museum preserves and interprets the legacy of Studebaker through
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