He cohosts a collectible car meet-up at Arcadia's Santa Anita racetrack with mega-dealer Rusnak Motors every three months as well and has an auto-dealer license for those times when he wants to . Did the track-tuned roadster ever race? He now wants to have our daughters 18th birthday or our wedding reception at this place haha!, Great Museum for the whole family of all ages. Owning an original Shelby Cobra would be the dream for many a motoring enthusiast. Now, alongside a host of cars and collectibles, those Shelby machines are being sold off by his family at Mecums Indy 2019 auction this May. They grew up with them. . . Its worth today? All rights reserved. Scaifes children, David and Jennie, claimed the onetime $450 million trust, which was empty upon Richard Scaifes death in 2014, should have had assets remaining. The sleek 1983 Ferrari 512 BBi is part of Letterman's collection. New / Used / CPO (Clear all filters) Don't miss out on the car for you. Eagle Scout rank in the Boy Scout of America, Appointed Commissioner to the Small Business Reform Task Force of the State of California by Governor Gray Davis, Board member to USC Marshall School of Business First painted Candy Apple Red, its fifth owner then had the snake refinished in yellow, before moving to Canada and having it coated again in silver. Guest Lecturer to MBA courses at USC a Marshall School of Business Also included in that cost was a special yellow finish, the shade chosen to match the Thunderbird tow truck of its first owner Don Reimer of Gettysburg, Pennsylvania. Marconi Foundation for Kids Tax ID # 33-0650060. Scaife is selling Lot 64, a sleek red hardtop convertible 1962 Ferrari 250 GT Nembo Spyder, Chassis No. There will be lots of tycoons, and the testosterone will be flowing. WELCOME TO THE Marconi The Marconi is home to a collection of over 100 vehicles, worth $60 million consisting of Ferraris, Lamborghinis, muscle cars, race cars, motorcycles, memorabilia and more. He's a racer, a collector, sponsor of the famous Laguna Seca track - and now owner of a Ferrari 250 GTO. The LaFerrari Aperta has been fitted with a 6.3-liter V12 engine that works along with two electric motors to produce 950 HP and 664 lb-ft of torque. The second best result is David C Scaife Jr age 40s in Spring Hill, FL. An amazing collection of original Shelby Cobras recently went under the hammer at Mecum's auction this month, selling for a combined $6.4 million. It had a whopping four Weber carburettors strapped to its 289cu in V8 engine which, on the asphalt, meant it didnt so much smoke rubber as devour it. Euromoney Institutional Investor. So without further ado, here are the ten most expensive cars present in David Lees collection to answer the very intriguing question, What cars does David Lee own? Before I sell a car, I ask the person what he wants to do with it. Shown in 93 as a bare body, it appeared in finished form two years later yellow once again, complete with hood scoop, roll bar and a raft of other authentic Dragonsnake touches. People discuss Ferraris as they would champion thoroughbreds; in fact, the car's symbol is a prancing horse. ''Some collectors buy cars only for show. And the rest of his collection is impressive too. David Scaife walks by some of the Porsches in his collection that will be on display in his museum. The trustees say they did nothing wrong and the children were financially taken care of in a separate trust that was also established by Scaifes mother. With a staggering $20 billion net worth and the largest royal palace in the world withdiamond and gold gilded bathrooms, it is no wonder that he is able to amasssome 7000 cars consisting of 209 BMWs, 574 Benz, 452 Ferraris, 179Jaguars, 382 Bentleys, 134 Koenigseggs, a slew of Lamborghinis, AstonMartin, SSC, Cicero BDB . And arguably the best way to celebrate Julianos legacy would be to head down to the Mecum sale between 14 and 19 May, remortgage your house and stump up for CSX3042. More than that, CSX2427 was the only Dragonsnake machine ever finished by the factory as a Stage III example. After Dick had achieved success both personally and professionally, he wanted to give back to the community that helped build him. Definitely recommend!, Absolutely beautiful and hidden gem! 2014 City of San Gabriel Bell Award Recepiant Scaife, who owned the Tribune-Review, died on July 4, 2014. In 84, Scudder had the Shelby refreshed, the shell refinished in black, the suspension rebuilt and the whole thing fitted with a raft of replacement parts and upgrades tastefully, of course. And David Lee has one of them in yellow. Collectible Exotic Motors 142.93.216.211 As a finishing touch, Scudder managed to find the Cobras old boots, acquiring the original wheels from the Grappone garages sales manager, whod stashed them away three decades before. Chairman & Founder of the CEO Club (an invite only Chinese CEO organization in their 40s and 50s) 295 HP. My Garage is the ultimate virtual vehicle storage space, showroom and hangout for car enthusiasts. Im not event a car person and I still recognized many iconic cars. Best experience for a birthday car enthusiast! And the dealer started telling me about the Owners Personal collection that was primarily composed of old LeMans cars and was up on the top floor, he said among the collection was 3 427 cobras taht had run in LeMans, a couple (yes a ouple according to . '', ''A beautiful body on a car counts tremendously,'' Mr. Sheehan said. And you can bet the Cobra wouldve made Grappone a good buck only, having discovered that Cobra 427 production was coming to an end, he decided to keep the car for himself. This is another of the 10 Ferraris in David Letterman's car collection, and even though it's not the most valuable, it's one of the most interesting. 246 lb-ft. We use cookies to ensure that we give you the best experience on our website. ANTIQUES; Racing Cars Take Off At Auctions, https://www.nytimes.com/1999/08/20/arts/antiques-racing-cars-take-off-at-auctions.html. Mike went back to school and, on dads orders, the Cobra was sold through Car and Driver, offered with many extras.. Your IP: Facebook gives people the power to. The 1967 Ferrari 275 GTB/4 has a naturally aspirated V12 that produces 295 HP and 215 lb-ft of torque. There remains in Allegheny County Common Pleas Court a dispute over what is called the 1963 Grandchildrens Trust, although, in April, the Jennie K. Scaife Charitable Foundation and its administrator filed a federal lawsuit against the trustees over the Grandchildrens Trust. As with CSX2416, Juliano enlisted the help of Dave Riley and the duo went about a similarly exacting restoration, even meeting with Mike Reimer to achieve ultimate accuracy in the Dragonsnakes refurbishment and the result was little short of spectacular. We had a fabulous time. Richard says: January 4, 2017 at 8:56 am. In 1994, Dick and John Marconi donated the building and their entire collection to form the Marconi Foundation for Kids, a 501(c)(3) nonprofit. And the crowning glory of the collection was his quartet of authentic and impeccable Cobras. Former Member of XO club (an invite only Chinese CEO organization median age 60s) Creating the foundation was the last chapterin his life mantra, learn, earn, and return. The museum continues to raise money for at-risk childrens charities throughout Orange County from visitors touring the collection and booked events. Knight Rider, Batman, and the Dukes of Hazzard. Human beings internal clocks and experiences are different: when its morning for some, it might still be night for others. 1990 Ferrari F40. But this fourth and final lot puts even the best of his other Cobras to shame. 1985 Ferrari 288 GTO The Ferrari F40 was equipped with a 2.9-liter twin-turbo V8 capable of producing 471 HP and 426 lb-ft of torque. Some of the extraordinary cars in the collection include an Aston Martin One-77, a Mercedes-Benz SLR Stirling Moss, a Bugatti EB110, one of twenty Lamborghini Reventns in the world and an ultra-rare Maserati MC12. David has two Ferrari Enzos. HWL Development & Real Estate Holdings Co. Ferrari VIPs are typically individuals who have a significant history of purchasing and owning Ferraris and who are seen as valuable ambassadors for the brand. The cars are kept in a private compound in Abu Dhabi, UAE, called the "SBH Royal Auto Gallery.". In May of this year, a 127-mile LaFerrari Aperta was sold for $5.3 million, so it's safe to assume that the LaFerrari has easily doubled its value since the day of its release. Next of the Juliano Cobras is a year younger but just as special. David Lee has two Ferrari F40s, in both red and yellow, as part of his "Big 5" collection. The value of the car varies according to its condition, but a 1967 275 GTB/4 in pristine condition, just like the one David Lee owns, can fetch up to $4,500,000. Huge surprise! University of Southern California (USC), Marshall School of Business This car is one of the most sought-after Ferraris of all time, and it is the crown jewel in David Lees car collection. Not bad for a first try. It was capable of going from 0-60 MPH in 5.8 seconds and had a top speed of 146 MPH. It's an extremely rare "Semi-Competition" cars, meaning that it started out as a track special built for racing. 0226 AT, one of four of that model made. And for that, youll need to pay somewhere between $2m and $2.5m (1.5-1.9m). This museum has such an impressive variety of classic, exotic and rare car collections. This is another one of the "Big 5" cars he owns in both red and yellow. Take one look at the spec sheet for chassis CSX2416 and youll know exactly why the one-off Cobra cost a hefty $8684 when new or 55k in modern money. Here's a video from a few years ago of Mayweather showing some of them off: David Beckham Car Collection Value = $10 - $20 Million Soccer legend David Beckham is another professional. 1964 Ferrari 250 Lusso Competizione David Gilmour Blythe, Abraham Lincoln, Rail-Splitter, 1860. Taybell was established in 1974 by the late Alf Taylor. The 330 GTS had a 4.0-liter V12 engine that produced 300 hp and had 241 lb-ft. of torque. Carlos Daf. 2016 McLaren P1 GTR David Lee is considered a Ferrari VIP, which is a designation given by Ferrari to select customers who are known to be collectors of rare and valuable Ferraris. All raced out, the officer then sold CSX3173 in the summer of 72, advertising it as the ultimate sports car, with a claimed power output of 500bhp and, most importantly, described as never raced. A case of buyer beware if ever there was one. He also appeared on the Grand Ole Opry and Porter Wagoner made a guest appearance on one of his albums. It's none other than his 1987 Buick Grand National, which he purchased after falling in. Jennie Scaifes estate, which was not a party to the $200 million settlement proposed in January, initially opposed the total settlement amount but reconsidered following a change in counsel and recently agreed to it. You can't beat its responsiveness. I believe the Batmobile is from the 1989 movie Batman. Following repairs that saw CSX3042 gain that iconic Le Mans stripe, Grappone kept the car more carefully until 1982, when a futures trader strode into the dealership and offered cold hard cash for the Cobra. The classified ad in Car and Driver magazine read, "SELL - 1965 Cobra - built by Shelby American especially for drags, complete with special suspension system, drag shocks, modified springs, dyno tuned headers, mag wheels, chrome roll bar, Hurst shifter, M&H Racemaster slicks, 4.56 rear. It can go from 0-60 MPH in 3.3 seconds and has a top speed of 218 MPH. His car collection is worth more than $50 million. It could go from 0-60 MPH in 4.1 seconds and reach a top speed of 200 MPH. Trustees David N. Scaife Chairman Sara D. Scaife Secretary So he ended up buying a yellow 1972 365 GTS/4 Daytona Spyder, which was also a Cavallino award winner. And its reputation as a hot potato showed no signs of slowing: in the next decade, CSX3173 would be sold twice more, passing through California en route to Japan where the storied motor would remain for three decades, until returning to the USA in 2007. McLaren ended up making 58 units of the track-only P1 GTR. Mr. Scaife is selling Lot 64, a sleek red hardtop convertible 1962 Ferrari 250 GT Nembo Spyder, Chassis No. Its mind-blowing that all three cars from some of my childhood shows and movies are all here under the same roof. But then David ended up selling the car back to him. This field is for validation purposes and should be left unchanged. My hotel listed local attractions and the Marconi Museum proved to be an excellent choice. A petition to approve the agreement was filed Tuesday in Allegheny County Orphans Court. Collecting Guitars The son and grandchildren of Richard Mellon Scaife and his estate have agreed to a $200 million settlement of claims against the trustees of a 1935 trust fund. Though Ferraris are often rebuilt, she said she preferred cars with matching chassis and engine numbers, that is, cars that have retained their original engines. 2011 - 20121 year. As the story goes, the money man kept counting out notes until Grappone accepted, settling on the sum of $107,000 or 215,000 in todays money. It was also regarded as the first 200-mph production car in the world. The Marconi Automotive Museum & Foundation for Kids is a class 501(c)(3) nonprofit that donates a portion of net proceeds from special events and museum visitors to at-risk childrens charities throughout Orange County. The red Ferrari F50 he owns is a roadster, and so it has a soft top so that the driver can hear the V12 engine better. Bespoke paint or otherwise, though, the Cobra was to be no show-car: Don soon had CSX2427 showing up at drag races, his brother, Mike,at the wheel and a team of yellow-clad mechanics in tow as they took on the quarter mile at the famous York U.S. 30 Drag-O-Way and its ilk. An unrivalled rarity in both provenance and condition, it stands today as a fitting tribute to the man who made it his lifes work to collect, curate and restore some of historys most important American motors. In Your Collection, Wantlist, or Inventory. Dont stop by if you have huge expectations and are just focused on getting your moneys worth. The money is for a good cause, so think of it as a donating while getting to something really cool., Wonderful staff! The trust was established by Scaifes mother, Sarah Mellon Scaife, for the benefit of Scaife. TribLIVE's Daily and Weekly email newsletters deliver the news you want and information you need, right to your inbox. Part of MOTORSPORT NETWORK, Just one. By 1973, thanks to the Scaife gifts, this area of the collection had grown to about 40 works. Two not enough? There's the sensation of speed. Christie's will offer 73 cars, among them a 1935 Bugatti Type 57 Atalante, a two-seater with its original black paint and cognac leather seats; a 1937 Alfa Romeo 8C 2900B Cabriolet, a 1921 Rolls-Royce Silver Ghost tourer, and Marilyn Monroe's favorite car, a golden yellow 1953 Cadillac Eldorado custom convertible. The F40 was the second of the "Big 5" cars that he purchased. What an amazing collection of cars!, What an awesome experience seeing all of that beautiful history! Board Member of SPARC (Student Philanthropists Advancing Real Change) Barb Briggs says: December 8, 2022 at 5:52 pm . The 9007 was raced by a famous Italian driver, Sergio Tullio Marchesi, who won the 1967 and 1968 Italian National Grand Touring Championship titles. The Ferrari F40 was the last car that the founder of Ferrari, Enzo Ferrari, worked on. You can contact Paula by email at pward@triblive.com or via Twitter . Demonstrating his machine to a bigwig, he binned it, damaging the windscreen, wheelarch and nose not to mention his pride. Price. Whats next? Not until 2010 did the entirely original Cobra enter Mr Julianos collection, whereupon you guessed it CSX3173 received the mother of all restorations. The Ferrari Enzo has a naturally aspirated 60.0-liter V12 engine that produces 651 hp and 485 lb-ft of torque. $10,000,000. The foundation is the principal. 1972 Ferrari 365 GTS/4 Daytona Spyder Just 56 were built, of which 30 or so were detuned and made ready for the road, complete with windscreens. It's like a religion.''. To celebrate 20 years since their victory at the 1995 24 Hours of Le Mans, McLaren announced that they would be bringing back the GTR name by making a track-only version of the P1. 27 of the 58 track-only P1 GTRs were modified to become road-legal. An Allegheny County judge has approved a settlement in the long-running battle over a 1935 trust left to conservative philanthropist Richard Mellon Scaife. ''Few Ferraris are 100 percent original,'' Mr. Morris said. The handling in the car is just incredible. Check out this garage Horsepower. In 2018, David Lee published a book called "Ferrari: The Ultimate Guide" that showcases his collection of Ferraris and provides an in-depth look at the history and evolution of the Ferrari brand. Through its second owner to a third, CSX2427 was modified in the mid 60s for road racing, going on to contest several sports-car events and it was following a crunch in one of those races that the Cobra entered its late-60s chameleon phase. Ferraris go for higher prices because people remember the races in their youth. U.S. Magistrate Judge Lisa Pupo Lenihan authored a report and recommendation in September suggesting the case should be decided in Common Pleas Court. Presidential Level Membership by USC Marshall Partners 2023 Carnegie Museum of Art, Carnegie Institute. Freshly recoated in Ford Rangoon Red, the motor was then shot by famed photographer Dave Friedman in front of the marques California office, the picture later appearing in Friedmans book, Shelby Cobra: The Shelby American Original Archives, 1962-1965.
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