They would be able to do something like that without too much difficulty. The whole front storage is demolished. That opens the door to a new cross frame structure complete with provisions for a horizontally mounted radiator and an LM type nose. That's the hardest part of doing an LM look alike.
Hopefully that's the extent of their 'customization'. To me it would be great way for the car to have a second life, as a lightened, more powerful LM look-alike. This car can be saved but it must be a labor of love, even at the apparent 'real' figure they bought this car at, I don't see it making any money in a sale.
We sent off the LM-style front bonnet huge opening and front wheel-well mod. pieces tonight. They will be installed on the car by the end of this weekend (is what I was told by Dennis). They also bought the headlight areas & front NACA duct a few weeks ago. It'll be an LM styled F40, I guess unless they got all the parts and change their minds. I'm hoping that they'll stick to their plans on the "paint" scheme that was planned when they bought the rest of the original parts a few months ago from us. Think dark...
Wow just read all of this and I cant be the first to think this... How did no one offer more than $80k for the f40?!?! Seriously its got to be worth double that at least in parts, if not parts im sure it would still bring over $150k on eBay!!! Man I wish I bought that just to say I owned an F40! (edit was typing on the ipad and wrote f50 instead of f40!)
So I take that not only have you seen the car in person to assess the extent of the damage but you have a pretty good history of selling F40 parts on eBay? You still wouldn't be able to say that. This is not an F50 but the much superior F40.
There aren't that many useable / high dollar parts on the car..... The VIN is worth something though.. < wink > S
Poor car...it should have been returned to the Factory, IMO...with the VIN. They would have 'taken care of the owner" as they have before......not THIS owner, I am speaking of other cars/owners..
I just hope they don't completely ruin the car and make some "unique" f40 with a chopped top and four doors (ok, maybe I'm over exaggerating ) still, this could end pretty bad.
My thoughts exactly. The factory way assures any future owner would know the car was done to spec. May be expensive but you usually get what you pay for. Gas Monkey guys really have know idea what they are doing on a Ferrari IMVHO. Greed trumped reason. Probably going to have to get most if not all of the parts from the factory any way. Then how long will it take to replace the parts compared to a trained factory guy who has done this before? My first question as a buyer would be: how many F40s have you restored before? I would like to talk to their owners. I would be scared to death to have these guys restore my Fcar, any Fcar let alone an F40.
FWIW, the GM team are not the ones actually working on the car.. . They have a previous Ferrari technican and his assistant(s) working with the mechanical aspects. While an extremely well know and respected body shop has performed the frame correction , carbon fiber work, and paint ( all of which has already been done ) etc. Another point, is that this body shop has many other F40's to work with to get spec's, measurements, in doing so, it's my understanding that everything has lined up on this repaired car quite well. The car was here in house for a few days before Ferrari shut it down, but all the " right " people are still working with this project. ( IMO ) S
What exactly did Ferrari "shut down?" Did they say something akin to "we don't authorize a Ferrari dealer/Ferrari techs to do this work"? If this is the case, is it because they didn't want a car that far gone revived or is it that they didn't want Texas hot rodders responsible for the resurrection? Aaron has such a good eye for aesthetics, I think it'll end up looking good. LM nose, bigger LM-style 5-spoke wheels and lowered. Flat black??? Keep in mind--Richard and Dennis hold the "Cannonball/Gumball" record for cross country run in a 550 Maranello. Dude has a bastardized Ferrari connection. Regardless, I'm fascinated with what will happen. I hope it's a short hiatus.
Taking a F-40 to "the gas monkey" for a rebuild is like going to the 3 Stooges for a heart transplant. This ought to be good.
Don't be so quick to judge or jump to conclusions. If I bought this car and planned to redo it, I definitely would have called Nick and bought some his cf and done an LM look conversion and probably painted it black or some dark color so I think they're onto the right path. If they figure out the rest of it, like the other stuff I mentioned - and let's give them the benefit of the doubt - this might be pretty cool. I don't think anyone has to worry about it going back on the market for a quick flip. I am guessing that Dennis will buy it and keep it in his collection and all the money will be made back from the TV show. Seriously, this could be good. Regardless, it will be entertaining and good on them for taking it on. Ignore the "reality" tv bits and just check out what they do. No one was going to do anything better with it anyways so no need to mourn the loss of a "pristine" F40.
Yay someone agrees with me! Your post nailed it. This will be fun to watch if we just look at what they do and ignore the drama and "reality" I watch that show to see some cool car and it's a nice change from the normal stuff they do.
OK. I got out my May 2013 copy of Forza which has prices of Ferraris from the 250 GT 2+2 (1960-3) to the 612 One-to-One. they show the F40 (1987-92) with 1311 built current prices as $500k to $650k. GM said they paid $400k. How are they going to net $200k on their "story" car? they would have to get top dollar for their car and have only $50k in repairs. Both appear to be impossible IMVHO.
GM may get top dollar if they have a special hood ornament such as displayed below: Image Unavailable, Please Login
I agree. Just in the last 30 days asking prices have jumped to the high $700's for very nice examples. One seller is shopping a 7,000 mile fully documented, Classiche for $850k. Big, big jump in last 6 months.
These should be million dollar cars already. The current trend seems to be dark colours so O'll be surprised if they don't go down that path. LM kit, matte black = out of this world unique F40 that maybe then someone will pay the big dollars for it due to uniqueness and popularity that a this car has now gotten
Hello, I guess most of us will have to wait for the next economic bubble to burst for the prices to come down to be able to afford one now. Most likely sooner than later, LOL.
That's totally fair of you to think that but if that's what you're waiting for to buy one, you might be waiting for a while. They didn't drop much during the last economic dip and while they may not keep climbing when that happens, my feelings are that if you can't afford one now, you probably won't be able to afford one then. I'm happy to be wrong on this but I've been watching the market on a variety of cars, including F40's, and have my own spreadsheets on values and sales. I honestly don't have a dog in this fight as my F40 is a real keeper but it's hard to watch coffee shop economists go on about the F40 market when it doesn't jibe with what many of us are seeing, using real data. Oh, "LOL" and all that.
Hello, forgive my attempt at sarcasm. Youre in an elite group that I can only envy now, but at the same rate of price escalation the Dino 246 may surpass the more powerful F40. maybe your spreadsheets show that too, just my gut feeling. F40 new around $386,000.00 Now $5-700,000.00 almost double or 2 times more Dino 246 new around $12,000.00 Now almost $400.000.00 and C/F even more. 34 times more
One may be able to buy an F40. Driving one well is another matter. No ABS. Huge turbo lag. A real driver's car. A few years ago we a caravan going to see the cars at the Colorado Grand. An F40 was in ithe lead. He did 3 donuts and flat spotted all 4 tires. Said a semi pulled out in front of him. Luckily nobody was hurt. Be careful out there.