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Ferrari 308 Bob Norwood Owned Built 288 Gto Re Body Wide Rebody Rare Chassis on 2040-cars

Year:1981 Mileage:1 Color: Red /
 Black
Location:

Sylacauga, Alabama, United States

Sylacauga, Alabama, United States
Advertising:
Body Type:Coupe
Engine:N/A
Vehicle Title:Clear
For Sale By:Dealer
VIN: ZFFAA02A2B0034811 Year: 1981
Mileage: 1
Make: Ferrari
Exterior Color: Red
Model: 308
Interior Color: Black
Trim: GTS
Drive Type: RWD
Condition: Used: A vehicle is considered used if it has been registered and issued a title. Used vehicles have had at least one previous owner. The condition of the exterior, interior and engine can vary depending on the vehicle's history. See the seller's listing for full details and description of any imperfections. ... 

This is a Ferrari 308 that has been modified to a 288 gto rebody.  I bought this car from an auction and the previous owners name listed on the title is Robert Norwood.  This car was owned by Bob Norwood.  If you know about Ferraris you probably have heard of him, if not do some research on the web.  He builds and mods Ferraris and has been doing it for years and has had cars in and on the cover of road and track, motor trend, and car and driver along with other magazines.  He holds many Ferrari records on speed and is known for building super nice Ferraris from the ground up.  I have seen GTO rebodies bring a lot of money here on ebay but the difference is Bob Norwood had the real 288 Gto parts that he used on many of his if not all so he was building as close to a real 288 gto as possible.  By the way factory built 288 gtos are selling for up to 1 million dollars at the moment and only 272 were built so this is as close as it gets.  If you notice this one has fuel doors on each side which is only on the 288 gtos.  Most rebody cars have only drivers fuel door and nothing on passenger side.  This car has some missing parts like motor, trans, center console, speedometer, cluster, bumper parts, rear window, rear engine hatch, stuff like that.  This car is a rolling chassis with no motor or trans.  It has the 17 inch wheels with 17x13 in rear with Michelin Pilot 335 tires on rear.  Some pics show the passenger Ferrari shield on the fender but it is now missing because someone wanted a souvenir and stole it.  Door latches don't work so there is a cable to open them for right now.  Car has radiator in front and wiring harness parts sitting inside engine bay.  The car has some nicks and paint chips around it here and there probably from sitting around at an auction.  The passenger door upper front edge has a split in fiberglass.  I took a pic.  Car has no keys so they are missing also.  Please look close at pics and let me know if I can answer anything else for you.  Cash only.  I cannot release the car or title until cash in hand or either the check or wire has cleared.  My bank puts hold on out of town checks even if they are cashier so just letting you know I must have the cash in my hand before releasing car.  Choose your motor you want to install and have a rare collector car. This Ferrari is being sold as-is with no warranty or guarantee. I already have offers of more than the starting price so it is not going to get any cheaper but if the offer is right I may be ending the auction early.  Thanks and good luck bidding

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Auto blog

Classic Ferraris fight currency rates for bragging rights

Mon, Feb 8 2016

Which is the most expensive car ever sold at auction? That should be a fairly straightforward question to answer, only it isn't. Due to currency fluctuations, we're actually dealing with two contenders, both of which have legitimate claims to the crown. The contenders are both classic Ferraris, each of them worth in excess of $30 million. In one corner is the 250 GTO sold at Pebble Beach in 2014 for $38 million. In the other is the 335 S sold in Paris just the other day for ˆ32 million. Resolving the bragging rights should come down to a simple matter of currency conversion, but the problem is that the rates don't stay constant. So the $38 million for which Bonhams sold the 250 GTO worked out to ˆ28 million at the exchange rates of the day. At that rate, the GTO was worth a good four million euros less than what the 335 S sold for, even though today's rates value the 335 S at "only" $35 million, or a good few million dollars short of the GTO. The answer, then, may be subject to which market you're in. But if you're looking for the tie-breaker, consider the British Pound: in Sterling, the 335 S sold for the equivalent of GBP24.7 million, which is more than the GBP22.8 million that the GTO's $38 million worked out to at the time – but less than the GBP26.5 million it would be worth today. And so we're back to where we started. But we're sure the confusion won't last (or be relevant) for too long, as there's bound to be another highly sought-after classic automobile on the auction block before too long. And it'll probably be another Ferrari. WORLD RECORD PRICE FOR A MOTOR CAR SOLD AT AUCTION* 32.1 Mˆ / 24.7 MGBP / 35.7 M$ INCLUDING PREMIUM LOT 170 • 1957 FERRARI 335 SPORT SCAGLIETTI DE 1957 • CHASSIS N°0674 FROM THE PIERRE BARDINON COLLECTION Lot 170. 1957 Ferrari 335 Sport Scaglietti • Chassis n°0674 • From the Pierre Bardinon Collection WORLD RECORD FOR A COLLECTORS' CAR AT AUCTION* Sold : 32,1 Mˆ / 24,7 MGBP / 35,7 M$ including premium (estimate : 28 – 32 Mˆ / 21,5 – 24,6 MGBP / 30 – 34 M$ ) *World record price for a car sold at auction, in euros and sterling. Previous record : 28,5 Mˆ / 38 M$, in 2014, in the US Paris – Friday 5 February 2016, shortly after 18h50, at the Retromobile Salon, Artcurial Motorcars, the collectors' car department at Artcurial achieved the world record for a car sold at auction, under the gavel of Maitre Herve Poulain.

Race Recap: 2013 Indian Grand Prix mostly calm with chances of Championships

Mon, 28 Oct 2013

The smog around the Buddh International Circuit got so bad over the weekend that the FIA had to change the practice sessions. Then the soft tires that Pirelli brought to be the options were found to degrade so quickly that teams had to change their qualifying and race strategies. The only man it didn't seem to affect was - guess who? - Sebastian Vettel, who put his Infiniti Red Bull Racing on pole position.
Behind him came Nico Rosberg and Lewis Hamilton in the Mercedes-AMG Petronas, Mark Webber in the second Infiniti Red Bull and on medium tires, Felipe Massa in the first Ferrari, Kimi Räikkönen in the first Lotus, Nico Hülkenberg in the first Sauber, Fernando Alonso in the second Ferrari, and the McLaren duo of Sergio Perez and Jenson Button. The tire strategizing didn't work out for Romain Grosjean in the second Lotus, who didn't get out of Q1 after only running the medium compound tire and lined up 17th.
The Indian Grand Prix has been held twice and Vettel has led every single lap of both races. If nothing else, we knew there would be at least one new thing about this Indian Grand Prix: there'd be a lap not led by Vettel since he qualified on softs and would have to pit before Webber and Alonso who were both on mediums.

Ferrari raises $893M, valued at $12B

Wed, Oct 21 2015

Ferrari's stock is moving as quickly on the New York Stock Exchange as the brand's iconic sports cars do on the road. The company's incredibly popular initial public offering has already raised $893.1 million by virtue of 17.18 million shares sold for $52 apiece. If the deal's underwriters buy in as well, the figure would grow to $982.4 million. Plus, even after shouldering some of FCA's debt, the automaker carries an enterprise value of $12 billion, Bloomberg reports. Just as the company starts trading on the New York Stock Exchange, the share price is already racing upward, too. As of this writing, Ferrari stock, which is listed under the symbol RACE, is priced at $57.59. At its high so far today, the value reached as high as $60.95. While Ferrari is looking strong, the big winner in this success looks to be FCA because the company should raise $4 billion in the spin-off, according to Bloomberg. With nine percent of the sports car maker on the NYSE and one percent for the underwriters, another 80 percent will be distributed to FCA investors in 2016. When that's through, Exor, the holding company for the Agnelli/Elkann family, should have the largest stake at about 30 percent. Piero Ferrari holds the remaining 10 percent and has no intention to sell it. Related Video: FCA Announces Pricing of Initial Public Offering of Ferrari N.V. Common Shares Fiat Chrysler Automobiles N.V. (NYSE: FCAU/MI: FCA) ("FCA") and its subsidiary Ferrari N.V. ("Ferrari") announce today the pricing of Ferrari's initial public offering of 17,175,000 common shares at an offering price of $52 per share for a total offering size of $893.1 million ($982.4 million if the underwriters exercise the option described below in full). The shares are expected to begin trading on the New York Stock Exchange on Wednesday, October 21, 2015, under the symbol "RACE", and closing of the offering is expected to occur on October 26, 2015. In addition, the underwriters have a 30-day option to purchase an aggregate of up to 1,717,150 common shares of Ferrari from FCA. The offering is intended to be part of a series of transactions to separate Ferrari from FCA. Following completion of this offering, FCA expects to distribute its remaining ownership interest in Ferrari to FCA shareholders at the beginning of 2016. UBS Investment Bank is acting as Global Coordinator for the offering.