Latest / BREAK/FIX the Motorsports & Vehicle Enthusiast Variety Show / 1962 Ferrari 250 GTO - 3729GT "Bianco Speciale"

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1962 Ferrari 250 GTO - 3729GT "Bianco Speciale" · BREAK/FIX the Motorsports & Vehicle Enthusiast Variety Show

• 0:00
  As part of Ferrari Fridays, William Ross from the Exotic Car Marketplace
• 0:04
  will be discussing all things Ferrari and interviewing people that live
• 0:07
  and breathe The Ferrari brand.
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  Topics range from road cars to racing drivers to owners, as well
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  as auctions, private sales and trends in the collector market.
• 0:19
  Never, never.
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  Welcome to the Ferrari Marketplace Podcast.
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  Today we're gonna take a deep dive into the legend itself, the Ferrari
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  two 50 GTO with only 36 ever built.
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  The GTO sits the top of the collector car market with its
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  racing pedigree, unmatched beauty.
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  Its history with some of the motorsports most prolific drivers.
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  It is the ultimate expression of Ferrari's 1960s.
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  Racing dominance.
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  But today we're not just gonna talk about any GTO.
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  We're specifically gonna talk about chassis 3 7 2 9 gt.
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  This is the only two 50 GTO that left the factory in Bianco's, Speciale, or for us
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  that don't speak Italian, that's white.
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  We believe it might have been at the request of John Coons being that he
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  was British and didn't wanna have a red car, but one of my guests might
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  be able to delve into that a smidge.
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  And for now though, but the first time in, geez, multiple decades,
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  this GTO is coming to auction.
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  Specifically, it's gonna be coming to Mecca's Kissame Auction
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  in January, the world's largest collector car auction event today.
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  Joining me also on this is gonna be Sam Murtaugh, COO of Meum
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  Auctions, and Chris Neely from the Prancing Horse of Nashville.
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  So gentlemen, welcome to the show.
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  Thank you.
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  Thank you.
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  So let's just jump right into the car itself.
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  This specific GTO, there's some really great specifics about this
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  car that make, in my opinion, one of the more collectible ones of the 36.
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  You know, I mean obviously all of 'em are collectible, but you know, there's
• 1:49
  some really good specifics about this car itself that I think makes it kind
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  of stand out from the other ones.
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  It's just one of eight right hand drive cars.
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  My opinion outta 36 1 8, that kind of makes it a little bit more special.
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  Chris, what are your thoughts on that?
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  Being one of only eight right hand drive cars.
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  Obviously it was sold to a UK owner, so the cars are right hand drive.
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  It's the car that he preferred to have.
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  I mean, they're just used to it.
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  For us in the states, it's a little odd for us, but I mean, right hand drive cars
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  are super desirable in certain markets.
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  One right hand drive cars, which obviously shrinks the rarity from 36 down to
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  eight, but the fact that this is painted white, it is the only one painted white
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  from the factory, basically being the only one, regardless of the right hand
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  drive, the only one painted white of the whole group is the most powerful
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  piece of this car from my perspective.
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  I mean, whether it's right or left hand drive, whatever you like, but
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  the fact that it's the only one in white, that is the spectacular fact
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  to me, from a rarity standpoint.
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  I agree.
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  I think it looks spectacular and white myself, that's for sure.
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  Yep.
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  Makes it stand out.
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  And especially the fact that, you know, you had a lot of 'em that have been
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  repainted different colors and that, but this day and age, it's always good to
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  have it go back to its factory color, being that one of one, you'll know which
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  special car you have out of all of them.
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  No, no question.
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  I mean, if you wanna stand out in a lead crowd of which, of being an owner of
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  A GTO, what you at the, you know, the highest of the pedestal, but to have the
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  only one in white and to stand out in white, I mean it, to see, it, it just, the
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  white color in that car and the lines in that car, it's, it's, it's spectacular.
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  Most definitely, definitely.
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  Now.
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  Do we know specifically why that left a factory in white?
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  Was it at the request of cos?
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  I believe so, yes.
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  At least wasn't green, but white looks very nice on it.
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  Another great thing, or I guess, special, unique thing about this
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  car itself is everyone that is familiar with the nose, GTOs.
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  They all think they have blue interior.
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  That car actually came with the, from the factory in with the black interior?
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  No, it came with a blue interior, but when it immediately was delivered in
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  period with the number 10 on it, it was the car that was run by Graham Hill.
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  From the best of my knowledge, I believe that the car had the black seats, and that
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  was only weeks after the car was deliver.
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  So I think that's what they changed up on it when the car got delivered to the uk.
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  Wondering why they would do that so quickly, switching from the blue.
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  Well, did all the, uh, GTOs come blue and black or was there
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  another color else came in?
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  No, there was a few different colors.
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  There was some that were delivered with red.
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  There was some that were delivered with green.
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  There was even black interiors.
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  It was just something at the time they used almost like a Nomex type material.
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  So the driver wanted to slide around in his, in his overalls, in his racing suit.
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  It was almost like a vinyl on the sides that was used on the side bolsters.
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  But the seats are very, very, very small seat that's in that car.
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  It's super easy to retrim and put, you know, whatever color you want
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  it, but I'm assuming that Coombs, that was his look, his livery that
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  he had was white with black 'cause it was obviously requested that way.
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  But anyone out there listening knows why they did it so quickly.
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  Shoot me a message 'cause we'd like to know if we get an
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  answer that that'd be fantastic.
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  But, uh, that's good to know.
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  'cause I always, I think of blue when I think of GTO on the interior,
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  something that would stand out.
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  But black, white, interior, fantastic.
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  Coombs actually being a Jaguar guy sent the car over to Jaguar for them
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  to guess reverse engineer it, to try and get their Jaguar up to speed.
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  'cause the GTO was so fast.
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  What do we know about that little story?
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  'cause it's never been confirmed, but it's kind of pretty well known.
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  Coombs, you know, was.
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  As Chris mentioned, he was British and you know, obviously was, was heavy into
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  the associate with Jaguar and, and it said that Jaguar engineers wanted to get their
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  hands on that to figure out what's going on, why, what's making this car so great.
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  And to be able to have an opportunity with the relationship with Coombs and,
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  and get their hands on, on a GTO to, you know, looking into that car and, and.
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  Figuring out what they could use from that to prototype their lightweight e types.
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  Coombs did a few special things to kind of, I wanna say differentiate.
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  I don't know if make it better.
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  What did Coombs do to the car itself?
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  Do I guess, in his mind, improve it?
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  Coombs, I believe, put the increased cooling in it, so the third vent.
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  Most of the cars have the two vents on 'em.
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  This car has three vents on the right hand side and he made some other small
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  modifications to the car 'cause he was obviously competing with the car and
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  they were showing the car and running it everywhere they could in the uk.
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  The louvers on the hood I believe was something cos added and I think
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  air ducts in the front, I think he replaced those fog lights and made
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  those functional air, I believe.
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  I'm not mistaken, he did make some small ones.
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  There's a photo of the car with Graham Hill running the car and
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  it's got the three vents on it.
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  So you know, it was definitely a three vent car originally because there's
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  other photos when you look at it.
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  The green one that I mentioned to you, that it was actually a
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  little bit earlier car, and there's cars that were later than it that
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  actually had the two vents as well.
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  So there had to be a point with ti when they went ahead and they
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  built the body on these cars.
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  It had to be a request, but it wasn't something that Coombs, you gotta be clear
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  about that, that it was added afterwards.
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  There's a few of them that have the three vents on the side.
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  There are a few cars that have the three vents because you can
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  clearly see it in the photo.
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  They had those three vent holes in the front, but.
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  There's other ones that were in the bonnet and you know, cars had,
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  you know, different things in them.
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  This car, uh, it hasn't been modified.
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  This is the way that this car was ordered.
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  The vents on the hood on the front or in the nose.
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  Can you open and close those?
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  Yes.
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  In motion?
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  No, not in motion.
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  No.
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  You just go ahead and they have.
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  Quick fasteners on 'em and you just put 'em in.
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  So they obviously did it for cooling because if they don't want the car to
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  run too hot or obviously too cool at Lamont specifically, or, and a lot of
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  the other tracks back then, they had a lot of very long straits and obviously
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  aerodynamics come into play, wasn't it?
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  Early cars, they came to the conclusion or realized that it was having a
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  lot of nose lift at higher speeds.
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  Yeah.
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  That's when the early days of aerodynamics were really starting to kick in and
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  they started to figure out, we gotta go ahead and keep this car cool or hot.
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  But you know, the more openings that you have on a car, the more it slows
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  it down because that's just that much more error that's not slipping
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  over the car, it's going into it.
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  It's kind of the balancing act at that point.
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  If you look at the grill on a two 50 GTO, it's quite small.
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  Yeah.
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  And as a sidebar, when you look at the car, like the 2 75 car, the hen
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  car, the the sister car to Dana's car.
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  During the race, they had to get wire snipers in 65 and cut a giant
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  hole in the front of the car just to get more air into the car.
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  And that's really the successor to the two 50 GTL.
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  Always keep in mind that, you know, yes, you could drive 'em on the
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  street, but these were race cars.
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  That's what they were built for back in the day.
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  It was to compete.
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  People would sit there and look how minimalist the
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  interior is and what it's got.
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  It doesn't have any creature comforts.
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  This thing had one purpose and that was to go fast and win races,
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  extra cooling, everything would be critical back then too, especially.
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  Front engine V 12 is gonna need to breathe as much as it possibly can.
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  Sure.
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  This car's really, it's never been, I wanna say wrecked, but I mean it
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  might've had a ding or two or here or there, but it's never had anything
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  of serious consequence where quarter panels, all this stuff had to get
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  replaced or anything like that.
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  Pretty solid as an original car.
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  Right?
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  Well, Mike Parks had an accident with it in 63, which is well documented.
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  You know, it had its battle scars and, and the way that it worked, if you
• 8:44
  were racing for Ferrari, if you weren't pushing the car right to the very edge.
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  You were no longer gonna be a racing driver for Enzo Ferrari.
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  It was first or nothing with them.
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  You know, it didn't, it wasn't, you know, second or third place,
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  they weren't satisfied with that.
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  It was win at all costs and the drivers put the cars to their limits
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  and they pushed 'em right to the edge.
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  And sometimes they went a little bit over the edge.
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  But to your point where you mentioned earlier, was it completely in an
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  accident, some of the other GTOs have had some catastrophic crashes.
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  No, this car didn't it, it was raced in period.
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  It had its battle scars.
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  As they say, structurally, the cars is sound.
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  And it's, you know, the, the way that the car always was.
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  Yeah.
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  That's fantastic.
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  Some of these have been, I would say, damage bound recognition, but you know,
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  they have some significant damage and having something that's that original
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  close original is fantastic as well.
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  For sure.
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  Let's get into specifically 3 7 2 9 GT Ferrari, two 50 GTO
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  in the, uh, build sequence.
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  When was this one built?
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  Number 12.
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  Okay.
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  So they had some, I guess you would say testing or I'd say racing done
• 9:46
  prior to that one being built.
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  So they probably modified that after knowing that that needed more cooling.
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  Yeah, and it, and it's funny, on the most part, the cars were all the same.
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  One of them has a different differential.
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  Two of them actually have a different differential in them, and then
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  there's some that, you know, have a stripe on 'em, which is noted
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  obviously originally how it left.
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  But this was the third one for the uk.
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  So I believe it's the third right hand drive car, at least what I'm seeing here.
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  It's number 12.
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  Most of 'em are Rosana, but some of them are.
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  Rosa Corsa is what it shows here, which I don't know if that's a
• 10:19
  screw up in the computer or not.
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  I didn't know that that was actually a color at any point
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  until way, way later racing red.
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  Oh no, it actually, no, no, no.
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  It is though.
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  I see another car with it as well.
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  I see three cars with it.
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  Yeah.
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  It's quite unique.
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  This car.
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  But it's definitely, when I look at this car, 3 7 2 9, it's
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  the 12th one that was produced.
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  You know, one thing that I think is very special too, and what's great
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  about this car is the long-term ownership history that this car's had.
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  Chris, can you touch on that a little bit?
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  Regarding to basically just only a really a couple owners, Jack Sears had
• 10:51
  the car from 1970 all the way to 19.
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  99. I mean, he had a, a long ownership with the car.
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  That's when John Shirley purchased the vehicle.
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  30 years is impressive for keeping a car of that nature's.
• 11:03
  What did he buy that car for?
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  I, it wasn't all that much back in, what was it, 71, he bought it.
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  Oh yeah.
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  So in 1971, that car probably at the absolute most, would've
• 11:13
  been probably 10 to $15,000.
• 11:16
  I know that the Nick Mason car was sold.
• 11:18
  For about 35 to $40,000 from Ronald Stern to Nick Mason in 1978 or 79,
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  I'd say in the early seventies, it was probably somewhere around 15, maybe
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  20,000, somewhere in the neighborhood.
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  So it's, it's quite the investment when you really look at it.
• 11:35
  Yeah, a little bit.
• 11:36
  Yeah, that's a nice return.
• 11:37
  You know, and I, A little side story, Nick Mason utilized his car's collateral
• 11:42
  to fund, it was the mid eighties Pink Floyd reunion tour, whatever.
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  They put that up as collateral, I dunno, it was like a million
• 11:48
  bucks or something like that to be able to pay for their tour.
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  That came back tenfold just on the tour alone.
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  So that's always kind of an inching little story at that.
• 11:55
  Great story after.
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  Sure.
• 11:58
  Yeah.
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  John Shirley got the car in 1999.
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  John, I believe at that point in time was only shortly
• 12:06
  thereafter, he was still working.
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  You know, he was the former CEO of Microsoft and he got the vehicle
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  and he used it quite a bit.
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  I mean, he took it to all the Caino classics.
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  He took it to the Monterey Historic Races.
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  I mean, he really, really had a lot of fun with the car and showed it
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  off, and everyone, as Sam mentioned, knew it as the white Ferrari, GTO.
• 12:24
  It's a real special car and obviously, uh, John was heavily involved with,
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  you know, a lot of other things that he did at Pebble Beach as far as showing
• 12:33
  other vehicles and doing Concor events.
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  So he is a well-known name, so he did it from all sides.
• 12:38
  He was not only showing cars, he was doing track days with cars and
• 12:43
  heavily involved with doing everything, even involved obviously with Froy
• 12:46
  class CK, getting the car certified.
• 12:49
  With Ferrari Classic K. He's been an outstanding caretaker and obviously we can
• 12:53
  see for multiple decades, which is great.
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  Then the previous owner of that, Jack Sears, you know, he had it for 20 plus
• 12:59
  years himself, which was great to see, and they thoroughly enjoyed the car.
• 13:03
  If you look at the history on that racing historics and everything like that,
• 13:06
  that car was out there in the public beauty in motion, I guess you could say.
• 13:09
  I mean, it's just a fantastic car.
• 13:11
  Chris, you touched on, you know, the car's obviously got its red book.
• 13:14
  It's got the classic case certification.
• 13:15
  That's Ferrari going through and saying, yes, this is how this car came from the
• 13:18
  factory for this auction itself coming up.
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  What would need to be done or what gets done to the car itself,
• 13:24
  especially a car at that level, getting it ready for the auction.
• 13:28
  What gets done prior to the auction, John, he has his own gentleman
• 13:31
  that works for him, Fred, and they really take care of all the cars.
• 13:34
  The cars are extremely well maintained.
• 13:36
  The whole collection that he has.
• 13:38
  And this car in particular, obviously was no different than any other one.
• 13:41
  That being said, when John first had the car, it was red.
• 13:44
  When he first purchased the car, it was red.
• 13:46
  And then in 2008, I believe the car got the classic case certification
• 13:51
  and that's when they went ahead and they, Ferrari made a new engine block.
• 13:55
  That was installed in the car and it has the designation on there, the internal
• 13:59
  number, 2300 slash 62 EE for Echo, which designates that it is a GTO motor,
• 14:05
  which is done right from the factory.
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  So at some point early in its life, the engine was replaced.
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  It was a two 50 short wheel base competency on engine
• 14:13
  that was put in for some time.
• 14:14
  Then there was a two 50 GTE engine that was put in, but
• 14:17
  right now it has the proper specification motor that's in there.
• 14:21
  From the factory.
• 14:22
  So the car was mechanically maintained, but it was never restored.
• 14:27
  The car is still not a complete frame wall for restoration.
• 14:30
  John had the car, it was Red John used the gentleman, I believe Butch Denison
• 14:34
  did the car up in Washington State and he brought the car back to white.
• 14:38
  But initially, John Shirley wasn't convinced to make the car white.
• 14:42
  It was the guys at Ferrari Classic K.
• 14:44
  It was actually Marco Origi who really pressed the issue with him.
• 14:48
  And then sure enough, John painted the car in 2016, I believe, and
• 14:53
  then the first time it came out was at Windsor Castle in the uk.
• 14:57
  And that's when you know the big puff was, Hey, there's a white GTO.
• 15:01
  Because for many, many, many, many years, the car was red.
• 15:04
  I don't think a lot of people knew, and the internet isn't what it is today.
• 15:08
  I mean, every year it seems like the internet evolves and there was no
• 15:10
  ai, you know, unless you went ahead and scrubbed it and found photos.
• 15:13
  Many of the photos that you found were from very, very early in the days.
• 15:17
  But for a good period of its time, the car was red and now it's back to the
• 15:20
  original way that it left the factory, which is white in the collector car world.
• 15:24
  There was that period where it was like basically restored to
• 15:26
  better than new, not so much.
• 15:28
  Really follow, Hey, this is not left the factory.
• 15:29
  Then all of a sudden we went into the barn finds and everything, but then all of a
• 15:32
  sudden, hey, let's go back to originality.
• 15:34
  It's fantastic.
• 15:34
  He did that, went back to the white and he got talked into or convinced
• 15:37
  that, hey, that's the way to go.
• 15:38
  And obviously it turned out I think it was an excellent choice 'cause
• 15:41
  it just stands out from the rest because you get it all lined up.
• 15:44
  Red, red, black, just one white one, stick it in there.
• 15:46
  So I mean it's, it's great to see for sure when you look at the list and you look at
• 15:50
  the original colors from the factory, you know there's some obviously silvers green.
• 15:55
  But to your point, primarily ena, I mean most of 'em are red mentioned, the
• 15:59
  engine block it and recast and looking at description, what you guys have that
• 16:04
  that's coming with another motor, correct?
• 16:06
  Yeah.
• 16:06
  The engine that Chris described is in the car and, and there's a
• 16:09
  spare motor that will come with it.
• 16:11
  So John, for as many events as he participated in, you know, was to,
• 16:15
  to be able to have a motor like that that you could really get
• 16:17
  after and get on and not worry about and you know, be able to protect.
• 16:21
  The engine that Chris described and make sure that that stays as
• 16:24
  pristine and proper as it needs to be.
• 16:25
  But having another, another engine to be able to use to, to drive the car.
• 16:29
  John drove the car, he drove it respectfully, but he, but he enjoyed,
• 16:32
  you know, when we were out there with him a couple of months ago, you know,
• 16:35
  he very explicitly stated, you know, that cars are meant to be driven.
• 16:37
  These cars are meant to be enjoyed.
• 16:39
  This race car is, wants you to drive it.
• 16:41
  So being able to have that ability to drive it and drive it.
• 16:44
  I mean aggressively as you want to, but in, you know, not to
• 16:46
  worry as much about the motor.
• 16:48
  You'll have that opportunity to swap a motor if need be for the new owner.
• 16:52
  Hot rod motor.
• 16:53
  That's what he calls it.
• 16:56
  That's right.
• 16:56
  The hot rod motor.
• 16:57
  Well, that's common too with a lot of higher value cars like that, is
• 17:01
  they drop in a different engine and keep that one safe, which is great.
• 17:04
  'cause that means they're getting out there using their car and participating.
• 17:07
  Right.
• 17:08
  This day and age, there's so many historic events that you can
• 17:10
  participate in you across the globe.
• 17:13
  This car will get you into every single one, no questions asked.
• 17:16
  I mean, that's like your golden ticket to participate in all these events.
• 17:19
  So whoever the new owner may be, the palace is open, so to speak.
• 17:23
  In regards to just attending any event you'd want, and not to mention, I
• 17:27
  dunno if you can confirm it, but don't the GTO owners do their own kind of
• 17:31
  little private events every few years?
• 17:33
  They did.
• 17:33
  So a few years ago they had a couple different reunions and if you look it up.
• 17:37
  You'll see that they had the 50th anniversary GTO tour in 2012 and they
• 17:42
  actually had another one they put together with Kena who runs Caino events and
• 17:47
  they gotta get together and they try to get as many of the guys together.
• 17:50
  But it's a real special crew.
• 17:52
  Obviously the gentleman that have the cars and you know, some of the cars have
• 17:55
  swapped in and swapped out, you know, the Rick Workmans and different guys like that
• 17:59
  that had the cars and they've sold them.
• 18:00
  But for the most part into what you mentioned earlier, you got Nick
• 18:04
  Mason, you got Anthony Bamford, you got Brandon Wangs, you.
• 18:07
  At all these different guys that have had the cars for long term
• 18:10
  ownership and they do get together for a reunion every so many years.
• 18:14
  It's not every single year.
• 18:16
  It seems like it's every few years.
• 18:18
  I think every five, to be honest.
• 18:20
  What's the amount of documentation is car comes with?
• 18:22
  'cause I think that's one thing that's key, especially in these higher
• 18:25
  value cars, is documentation history.
• 18:27
  I mean what like documentation wise, what's gonna be coming with the car?
• 18:30
  Sam can probably touch on that because I didn't see the documentation,
• 18:33
  but I know that there is.
• 18:34
  Plenty of stuff with John for sure.
• 18:37
  I have not physically reviewed all the documentation, but I did
• 18:40
  see a couple of big books sitting on the desk with a lot in there.
• 18:43
  I mean, I was amazed at how much, how many historic photos of, of all the
• 18:47
  different races that this car participated in at the beginning, you know, 62 to.
• 18:51
  69 ish or 68 ish, something like that with all the different photos, photo
• 18:55
  documentation we have on this car and, and as it went through all the
• 18:58
  different drivers and the different races that it was participating
• 19:01
  in, as was pretty impressive.
• 19:03
  Obviously the Red Book and the ownership history is documented
• 19:05
  all the way back to the beginning.
• 19:07
  It's got good stuff, be impressive.
• 19:09
  And I'm sure it would take someone a few weeks to go through all that.
• 19:11
  And just as us being all car nerds, we'd sit there and eat it all up.
• 19:15
  Just every single line.
• 19:16
  'cause just seeing that history, knowing what that thing did, where it
• 19:18
  raced, who's raced it, I mean, 'cause you got, you know, Graham Hill, Roy
• 19:21
  Salvador, I mean, it's just unbelievable.
• 19:23
  The people that have gotten behind the wheel of that car,
• 19:26
  put it through its paces back in the day is just unbelievable.
• 19:28
  Yep.
• 19:29
  I wanna talk a little bit more about Mecu Kissie itself.
• 19:31
  'cause this is becoming the preeminent auction of the year.
• 19:35
  Not just volume, but the quality of cars you guys are getting.
• 19:38
  Sam, how's this evolving where you guys are starting to get a lot more of these
• 19:41
  highly collectible elite cars and how's this changing Mecca's DNA in regards to,
• 19:46
  its like core brand and I've been with the company, I think this is my 18th year.
• 19:49
  18th or 19th year.
• 19:50
  And so, you know, I, I think I was 2004 or five was my first Kissimmee auction.
• 19:56
  The auction, I think, started in 2000, was the very first one, which started
• 20:00
  buying the laundromat in Kissimmee, in, in Old Town, and evolved over to the,
• 20:04
  uh, I think with like 50 cars in it.
• 20:06
  And then by that time it, it moved to OCL Air to Carriage Park.
• 20:09
  When I was first there, the auction and the cars were all inside in one
• 20:12
  tent, the corner of the property.
• 20:13
  But every single year.
• 20:15
  Since then, it has grown almost double every single year, year after year.
• 20:20
  Started out with a couple, you know, when I was there, it
• 20:22
  was probably two or 300 cars.
• 20:23
  Started out as an all Corvette only auction.
• 20:26
  Think in conjunction with an NCRS event that was down there.
• 20:28
  Dana decided to open up to all types of cars and it really just
• 20:31
  took fire and never looked back.
• 20:33
  And it has, it's grown and grown exponentially year after year
• 20:36
  to somewhere around 2010 ish.
• 20:40
  It, the hold is the world's largest electric car auction with the volume
• 20:43
  of cars that were at one event.
• 20:44
  And continue to grow past that.
• 20:46
  We're pushing 5,000 cars now, so from 50 cars behind the laundromat
• 20:50
  to 5,000 cars in 13 days long, it has just become a spectacle.
• 20:55
  It's the greatest car show on earth, in my opinion, far as where you can see,
• 20:58
  you know, every type of vehicle that you can imagine is there that week, and it
• 21:02
  really sets the tone for the collective car market for the rest of the year.
• 21:05
  How do you guys go about, you know, having that volume of cars,
• 21:07
  obviously over multiple days.
• 21:09
  How do you start organizing, okay, we're gonna have these go on this day,
• 21:13
  these on this day, and I love it, the moniker, leading up to Super Saturday
• 21:18
  when you have all the big hitters.
• 21:19
  I mean, how do you guys kind of go about.
• 21:20
  Figuring out what goes where.
• 21:22
  Anytime you put four to 5,000 cars in, in one place, you know, how
• 21:26
  do you disseminate what needs to go where and how do you do that?
• 21:28
  And we do that by value.
• 21:30
  You know, the, the weekends are our most attended events, both the first
• 21:33
  weekend and the second weekend are the, are the most heavily attended.
• 21:36
  So, you know, the, the very first day, day one will be,
• 21:39
  you know, relatively expensive.
• 21:40
  What we like to refer to as entry level collectibles.
• 21:42
  Things of people that are just looking to get into the market, dip their toe
• 21:45
  in the water and, and get into it.
• 21:47
  We've got a lot more affordable cars in those early days.
• 21:49
  Sort of apex and lead ourselves into that first weekend.
• 21:52
  And we get some really great cars.
• 21:53
  That first weekend type of quality you would see in some of our bigger days at
• 21:57
  at some of our other events throughout the country throughout the year.
• 21:59
  And then we do a bit of a reset.
• 22:01
  There's sort of two big crowds.
• 22:02
  You have the first weekend crowd, which is a little bit more regional.
• 22:05
  Then the, the national and international crowd starts to come in day after day
• 22:09
  as we lead into the second weekend.
• 22:10
  So Tuesday is slightly smaller, then it gets bigger on Wednesday, which
• 22:14
  gets bigger on Thursday, bigger to Friday, and then onto Saturday.
• 22:17
  And everything culminates at the, the peak on Saturday.
• 22:19
  So Friday and Saturday, the second weekend are our two biggest days.
• 22:23
  It's heavy metal from start to finish on both those days.
• 22:25
  So the cool thing is, anyone that's in the hobby or whatever level you can
• 22:29
  get involved in Kissimmee and be a part of it and connect with it, you know,
• 22:32
  whether as a buyer or a seller, but even as you know, from a spectator's
• 22:35
  perspective, to see cars that are pretty attainable up to the aspirational
• 22:38
  vehicles that to watch these guys.
• 22:40
  Trading high dollar, extremely valuable cars into that second weekend is,
• 22:44
  is what makes Kissimmee so special.
• 22:45
  Great.
• 22:46
  'cause a lot of people, either it is their first collectible, the only collectible
• 22:49
  they're gonna buy, but to your point is there's something there for everyone.
• 22:51
  Not just price point, but style, genre heavy.
• 22:55
  I mean, there's something there for everybody.
• 22:56
  You know, in cars like this, GTO that we're talking about here, I mean obviously
• 22:59
  is the headliner for Saturday, the second weekend as Kissimmee continue to grow
• 23:04
  and the international attention that it receives and the amount of people that
• 23:06
  come to it, all 50 states in the, in the United States and, and from, I think it
• 23:10
  was 30 different countries around the world that participate in this event.
• 23:13
  The fact that we have that big of an audience and that amount of eyeballs
• 23:17
  focused on one location at one point in time has really opened the eyes
• 23:20
  to a lot of folks to realize that if I wanna sell my car and I wanna
• 23:24
  bring the most attention to it in one place and and maximize the exposure,
• 23:28
  Kissimmee is the place to do that.
• 23:29
  And I think that the more and more people realize, you know, you can take
• 23:31
  a car like this and go to Monterey and compete with six different auction
• 23:34
  events going on the same weekend, on the same day at the same time.
• 23:38
  Or you can put this car on a pedestal in front of an international
• 23:41
  audience that's arguably bigger.
• 23:43
  And find success being a multi-day event over, you know, a week
• 23:46
  and a half, two weeks roughly.
• 23:47
  What other events also go on during that?
• 23:49
  It's not 8:00 AM to 8:00 PM it's cars going across the block.
• 23:52
  What else do you guys have going on there?
• 23:54
  Well, it is 8:00 AM to 8:00 PM with cars going across.
• 23:56
  Oh, it across the block.
• 23:56
  Oh, okay.
• 23:57
  That does happen.
• 23:57
  Oh yeah.
• 23:58
  No, we're bell to be, we're selling 350 on or on some of the
• 24:01
  days, almost 400 cars in a day.
• 24:03
  To sell that many, that amount of cars, you have to work that
• 24:05
  hard and, and work that long.
• 24:06
  But the event itself, we've got entertainment going outside with music
• 24:10
  and things going outside an adventure zone for kids, for families to come out
• 24:13
  and enjoy themselves and they can get involved and do, you know, automotive
• 24:16
  orientated events with the kids?
• 24:18
  We'll have speakers and, and seminars going on at our midway stage out front.
• 24:22
  We do car parades, you know, the cars don't just sit on display forever
• 24:25
  until they're time to go to the block.
• 24:26
  We do some hand selects and we do car parades across our midways like
• 24:29
  we like to call it, so folks can sit and watch the cars, run, drive,
• 24:32
  listen to 'em, huge food truck area.
• 24:35
  I think over a dozen food trucks that are out there with all different
• 24:37
  types of food for people to get involved with and, and hang out.
• 24:40
  It's just a, from a car enthusiast perspective, it's like Disneyland
• 24:43
  or Disney World, I should say, as we're in Orlando, but.
• 24:45
  There's just a tongue going on.
• 24:46
  It's a, it's very stimulating this day and age too.
• 24:49
  How has, you know, working social media, YouTube, and obviously you
• 24:53
  guys are broadcasting now too, how has that changed your guys' approach
• 24:56
  and has that really helped you guys acquire and grow in regards, not just
• 25:00
  volume, but cars, you guys are getting.
• 25:02
  We're very much also in the entertainment business.
• 25:04
  Our auctions are broadcast live on ESPN, ESPN Plus we launched,
• 25:08
  uh, mecom TV on the Roku channel.
• 25:10
  So we have 24 7 Mecu auctions rolling.
• 25:12
  We're produc content for that.
• 25:13
  We've, we're nearing a show on, on the GTO, on Mecu tv, you know,
• 25:18
  between YouTube and all the content we produce for that social media.
• 25:21
  Insta, we have a, a whole team dedicated to social media from Instagram.
• 25:25
  Facebook and TikTok and all the like, and you know, we're very much an entertainment
• 25:28
  company just as much as we are an auction company now, with the kind of cars
• 25:31
  across our block and the, and the the cool stories that we're able to tell.
• 25:35
  We've got content coming out of our ears and we love telling the story
• 25:37
  about video and it's, it's fun.
• 25:39
  It's why, it's why I got into this.
• 25:41
  Yeah.
• 25:41
  I mean that's one great thing about this industry or just cars itself, is
• 25:45
  knowing the story behind a lot of it.
• 25:46
  'cause a lot, every car's got a story.
• 25:48
  It's fantastic to learn a lot of these things and delving into
• 25:50
  those creates, I don't wanna say a mystique, but it really kind of
• 25:53
  can grow and make that car special.
• 25:55
  No, absolutely.
• 25:56
  I mean, the amount of cars that we see year after year, I think
• 25:58
  Chris wouldn't feel the same.
• 26:00
  I mean, we're in the cars are our work.
• 26:01
  That's our life.
• 26:02
  That's what we do day in, day out every day.
• 26:04
  But when you find a car with a great story behind it and the people that
• 26:07
  you meet because of that story or the connections that you make because of
• 26:10
  that, that's what makes this stuff cool.
• 26:12
  The cars are great and then people ask us all the time, what's your favorite car?
• 26:14
  What car do you want?
• 26:15
  It's, to me, it changes all the time.
• 26:17
  I mean, it's, it's about the people and the stories that you hear and
• 26:20
  learn and the connections that you make along the way is what makes
• 26:22
  this this hobby super cool and fun and, and great to be a part of.
• 26:25
  Looking at it, we have 70 plus Ferrari.
• 26:28
  As of now, basically going across the block down and kissing me.
• 26:31
  You know, obviously Callate in the GTO, but you have a very, very
• 26:34
  nice selection of Ferraris that are gonna be crossing that block.
• 26:36
  Absolutely.
• 26:37
  Probably one of the best collections of Ferraris that we've ever offered for sale.
• 26:41
  Yeah.
• 26:41
  The Bachman collection, which we'll do in a couple weeks.
• 26:44
  We're gonna do an episode on that one as well.
• 26:45
  'cause there's some very special vehicles in that one as well.
• 26:48
  Mm-hmm.
• 26:49
  Chris, I'm gonna have you kind of touch on this, MECU, obviously what
• 26:52
  they're getting now and get involved in the level of cars they're doing.
• 26:55
  I mean, it's just top notch.
• 26:56
  What was the choice?
• 26:58
  I mean, going to Mecu, what was the thought about, hey, let's, this car
• 27:01
  is gonna be best served at Mecu?
• 27:02
  So what happened was, originally I was at Retro Mobile in Paris and you
• 27:07
  know, doing your normal visits, you're meeting all the different people.
• 27:09
  I bumped into one of the Pebble Beach judges.
• 27:12
  His name is Richard Ado.
• 27:13
  He is also an author and writes some great books on French cars.
• 27:16
  We had a really good dinner together.
• 27:18
  You know, we met the year before and had dinner as well, and then the
• 27:20
  following day he went back to Washington.
• 27:22
  He is a very good friend of John Shirley.
• 27:25
  A couple weeks later we had the event that was at Amelia Island, and
• 27:28
  I see Richard as I'm checking outta the hotel and he says to me, uh.
• 27:32
  Hey, where you heading back to?
• 27:33
  I said, I'm heading back to Orlando, catching a flight.
• 27:35
  He said, you mind if I tag along?
• 27:37
  So he jumps in the car.
• 27:38
  We're probably an hour into the ride, and he looks at me and he says, Hey,
• 27:41
  you got anybody for John's two 50 GTO?
• 27:44
  I almost went off the road to be honest with you, and I looked at
• 27:46
  him and I said, you're serious?
• 27:48
  He said, yeah.
• 27:49
  And the first person that popped in my mind was Dana, because Dana's a collector.
• 27:52
  I picked up the phone that evening.
• 27:54
  I called Dana and we had a chat.
• 27:57
  Dana said, listen, you know, I was already involved with helping Dana with the 2
• 28:01
  75 lm. We were restoring that car, and I was looking after that project in Italy.
• 28:06
  I said to him, which is, is this something you'd want to add to the collection?
• 28:09
  And he said, you know what?
• 28:10
  Let's have a conversation with John.
• 28:12
  We had a conversation with John.
• 28:13
  We went out there and Dana, John, myself, we all sat together.
• 28:16
  The decision was made 'cause it wasn't something that Dana was
• 28:19
  gonna put into his collection.
• 28:20
  It was best suited to bring it to public auction.
• 28:23
  Obviously John's still the owner of the car, and we connected Dana and
• 28:27
  John together and it was a match made in heaven, as they say, because as Sam
• 28:31
  pointed out, you know, and you pointed out there's over 70 cars going to Kissimmee.
• 28:36
  We're gonna talk about the Bachman collection in the future, which
• 28:38
  is a real special collection.
• 28:40
  To my knowledge, I don't know of any Ferrari collection or this
• 28:44
  amount of Ferraris that's ever been presented at one auction at one
• 28:47
  time, ever, at any point in time.
• 28:50
  So it's super exciting.
• 28:52
  You know Dana, from a personal level, he's got a an amazing Ferrari collection.
• 28:56
  He's a real true connoisseur to the brand.
• 28:58
  He shows his cars.
• 28:59
  He's obviously involved with Pebble Beach.
• 29:01
  He does the Caino events, he does the Amelia Island events.
• 29:04
  Dana's obviously the right guy that's personally involved.
• 29:07
  It's not just a business.
• 29:08
  Dana has a true love for the cars.
• 29:10
  I really honestly felt, you know, when the conversation came up and it just
• 29:14
  evolved so quickly, it really, really, really went well and it was great to
• 29:17
  be part of it, to see the meeting with John and obviously with Dana together.
• 29:22
  It was, it was a great, great time and it's, and it's worked out well.
• 29:25
  That's what awesome thing about Dana is, you know, he is a true collector.
• 29:28
  I mean, he has a passion for these cars as well, and seeing his unbelievable
• 29:31
  collections, you know, fantastic as well.
• 29:33
  When Dana kind of dropped that bomb on everyone else at Mecu,
• 29:37
  what was the thoughts and enthusiasm around the offices?
• 29:40
  Our marketing team got extremely excited really quick.
• 29:42
  I mean, you know, obviously, you know, the nice thing is, you know when,
• 29:45
  when you're as promoters of auctions and you know, with headliners and
• 29:48
  headliners like this, especially to get.
• 29:51
  As early as we're able to do and be able to kick off our Kissimmee campaigns with
• 29:56
  a car of this magnitude was exciting for all of us and to, you know, really,
• 30:00
  you know, set the tone, set the tone early and March towards January.
• 30:03
  I mean, we, we announced the, the GTO was coming to Kissimmee.
• 30:06
  We announced it in Monterey in August, that our auction air being
• 30:09
  able to, to launch the campaigns for Kissimmee in the middle of August
• 30:13
  with a headliner like this, GTO.
• 30:15
  It was the best.
• 30:16
  We were excited.
• 30:17
  Not just that car, but the amount of other Ferrari they're gonna be
• 30:20
  crossing the block and kissing me.
• 30:21
  This is really gonna kind of set the tone for the market because you know
• 30:25
  you have your top end, I'm not gonna say bottom end with like some three
• 30:29
  oh eights and three 20 eights, but.
• 30:30
  This is really gonna kind of set the tone in regards to where
• 30:33
  the market's going into 2026.
• 30:36
  In my mind, it's kind of a big responsibility in regards to all
• 30:39
  the eyes that are gonna be on You guys we're up to that task.
• 30:42
  That challenge in Kissimmee for years now has been that market tone setter
• 30:46
  for whatever type of vehicle for all the different markets, right?
• 30:48
  So.
• 30:49
  Whether it be muscle cars or Corvettes or Ferraris or, or whatever.
• 30:52
  I mean, you know, the fact that we kick it off in January, we start
• 30:55
  the year off with such a bang with this auction, it sets the tone for
• 30:58
  the market for the rest of the year.
• 30:59
  No doubt about it.
• 31:00
  So we do it on an annual basis and we're excited to do it for Ferrari.
• 31:03
  As you delve into these more, do you guys see yourself.
• 31:07
  Stick into your true path in regards to how you guys do your auctions?
• 31:12
  Or do you see yourself doing something a little different with like, say,
• 31:15
  a separate high end type situation?
• 31:17
  We do it all together, but we also, we do what's necessary for the different
• 31:21
  types of vehicles and set the stage.
• 31:22
  I mean the displays that we put together and produce in Kissimmee or
• 31:25
  our second to none, and we will do these cars justice for what they deserve.
• 31:29
  And you know, having the opportunity to have these on display is a hell
• 31:31
  of an attraction for the people that come just to watch the show.
• 31:34
  But to segregate.
• 31:35
  Where we position these cars in the auction, how we put 'em on display, how
• 31:38
  we represent them, how we present them.
• 31:40
  It's taken Kissimmee to another level.
• 31:42
  Once again, as I described, as we continue this growth trajectory for
• 31:46
  Kissimmee and adding this layer on top of what's already extremely successful
• 31:50
  and, and has become the world's largest collector car auction, they have this
• 31:54
  on top of that is, is incredible.
• 31:56
  We're proud to do it.
• 31:57
  We're proud, we're excited to have it.
• 31:58
  We're pleased that the, you know, the sellers have given us the opportunity
• 32:01
  to present these cars for sale at auction in Kissimmee, and we're
• 32:04
  excited to see what the results.
• 32:05
  Yeah, it's gonna be a packed room, that's for sure.
• 32:07
  And I know I plan on trying to be there for it as well, especially seeing all this
• 32:10
  go across because it's gonna be fantastic.
• 32:12
  Yep.
• 32:13
  Chris, when was the last time your GTO crossed the block open auction like this?
• 32:16
  A couple years ago, there was one that passed over the block and
• 32:19
  there was a series two that passed.
• 32:21
  There's never been a white one.
• 32:22
  No.
• 32:22
  That's what sets this car apart and, and look, you know, we kind of touched on it
• 32:26
  earlier about, you know, Sam mentioned it, I talked about it a little bit, John,
• 32:30
  how involved he was and some of them cars, you know, they've been restored.
• 32:33
  There was one that was totally restored and it, you know, it didn't look like
• 32:37
  that obviously when it left the factory in 62 or 63 when that particular car left.
• 32:42
  This car has a real period correct feel to it.
• 32:46
  It's just an amazing car.
• 32:48
  And then, you know, on top of it you have the hot rod motor.
• 32:50
  It's white.
• 32:51
  The provenance of who owned the car, who drove the car, Mike Parks, Graham
• 32:55
  Hill, former, the one world champion.
• 32:57
  You got really, really, really special people that race this car in period.
• 33:01
  It's, it's a real special car.
• 33:03
  It really is.
• 33:04
  Obviously to bid on this car price wise, where, and I'm not gonna get into say,
• 33:09
  Hey, what do you think it's gonna go for?
• 33:10
  Because we're not even gonna touch that.
• 33:12
  What does someone gotta do for a car at that level, registering, whatnot.
• 33:15
  I mean, is there anything different they have to do that wouldn't be say, under
• 33:18
  different from standard, just registering to bid every situation's different.
• 33:21
  Obviously, you know, there relationships are big components of this and you know.
• 33:26
  You know, if we have someone that's comes out of nowhere from, you
• 33:28
  know, somewhere in Europe or that, that we're not aware of, obviously
• 33:32
  there'll be conversations that'll have, and we'll set their financial
• 33:35
  verification up, get 'em registered to bid with an understanding that they
• 33:38
  have the means to purchase that car.
• 33:39
  And, you know, ens are, are always helpful and, and things like that,
• 33:42
  but you know, it, it gets a car like this, it gets to be a case by case.
• 33:46
  I mean, you know, rarely do you have someone that just goes and registers a
• 33:49
  bid online and just, you know, pops outta the woodwork, you know, but it's, it's
• 33:54
  not to say it's never happened, but it.
• 33:55
  Yeah, I mean, it's, it's an easy process.
• 33:57
  Getting registered is easy, you know, getting a hold of us and having a
• 33:59
  conversation with our bid services team and, and getting connected.
• 34:02
  Chris obviously is, is helping with his context and throughout the
• 34:05
  country and, and around the world.
• 34:07
  It's not a overly complex process, but you know, you can't just log
• 34:10
  in and push a button without any type of financial verification.
• 34:13
  Bid, bid, bid, yeah.
• 34:15
  Your media pass request has probably gone through the roof.
• 34:19
  Yeah, there's a lot of, a lot of media attention.
• 34:21
  There's a lot of, you know, a lot coming in on that actually, you know, vetting
• 34:24
  some of these, you know, some of these media folks is probably more difficult
• 34:27
  than vetting some of these high network individuals with, on your Roku channel.
• 34:32
  You guys are gonna doing a, a special on this car specifically,
• 34:36
  and I would assume that on the Roku gets played multiple times.
• 34:39
  Yeah, it'll rear multiple times.
• 34:40
  I think it's gonna rear air four times a day after we premiere
• 34:43
  it Thursday, November 6th.
• 34:44
  It will premier at 8:00 PM Eastern on Mecu CV on Roku.
• 34:48
  And then after premieres it'll, it'll cycle through and re-air, I
• 34:50
  think four times a day between now and Kissimmee auction in January.
• 34:53
  You know, be sure to, uh, check out all of Mecu M'S social media pages
• 34:57
  and sites 'cause they are doing a wonderful job showcasing that, what
• 35:01
  that car is and just how special it is.
• 35:03
  'cause it's unbelievable.
• 35:04
  And I'm really excited about this auction.
• 35:06
  It's gonna be the biggest.
• 35:07
  Ferrari auction at one place on one time ever.
• 35:11
  You're never gonna see the quality of cars at one place, at one venue that
• 35:15
  you're gonna see at this auction.
• 35:16
  This is gonna be historic and like Sam said, greatest spectacle on sports.
• 35:21
  They always used to say was the Indy 500.
• 35:23
  Well, this would be the greatest spectacle in in auctions for sure.
• 35:26
  This is.
• 35:27
  You gotta be part of it.
• 35:28
  This is a moment in history, you know, it's one of those things, it only comes
• 35:31
  and happens every so often and I think this is gonna be a really special moment
• 35:35
  and this car's gonna really be strong and I'm really excited to see, 'cause
• 35:38
  you know, not just this one, but all the other fris gonna be crossing the block.
• 35:42
  This is a moment in Ferrari history in regards to what's gonna be happening.
• 35:44
  'cause there's a lot of special vehicles.
• 35:46
  Again, I appreciate you guys coming on.
• 35:48
  Uh, I look forward in a couple weeks.
• 35:49
  We're gonna come back.
• 35:50
  We're gonna visit the Bachman collection, which is also gonna be
• 35:52
  crossing the block down in Kissie.
• 35:54
  And that one's gonna be spectacular in its, its own right.
• 35:57
  The quality and what the cars are in that collection is unbelievable.
• 36:01
  And Chris will be back.
• 36:02
  Sam, we'll be back.
• 36:02
  And to everyone listening, appreciate you tuning in and stay tuned
• 36:06
  till uh, next time you got it.
• 36:07
  Thank you.
• 36:08
  Alright, thanks guys.
• 36:09
  Bye-bye.
• 36:10
  Nobody sells more than Mecu.
• 36:12
  Nobody.
• 36:13
  Mecom Auctions is the world's leader of collector car vintage and antique
• 36:17
  motorcycle and road art sales hosting auctions throughout the United States.
• 36:22
  The company had specialized in the sale of collector cars for more than
• 36:26
  35 years now, offering more than 22,000 lots per year and averaging
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  more than one auction per month.
• 36:35
  Mecom Auctions is headquartered in Walworth, Wisconsin, and since 2011
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