1994 Ferrari 348 Tb Challenge No. 14 Of 32 Built **no Reserve Auction** on 2040-cars
Lexington, Missouri, United States
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I am regrettably listing my 1994 Challenge car. It is #14 of 32 built
and one of the few that was never converted or raced. The 348C's and a handful of the 355C's are the only ones that were issued titles for road use. My plan was to strip the car down to race trim and use it for both road and track. The Challenge cars are the rare few that you can modify and actually have the value increase. Ferrari built 32 348C's in 1994,
100 Series Speciale cars in 1993 and 15 additional Series Speciale cars in 1994. These are the only limited production 348's for the US market. The Challenge kit (which consisted of mostly now out-of-date safety equipment) would have been installed by the dealer in most Challenge cars. The car currently has
not had any of the Challenge package installed, but came with the
racing pedals, roll cage mounts, different steering wheel and a few other
Challenge items from the factory. This 348 is eligible to run in the
Challenge Club Racing Championship/CCR Forza Tifosi Challenge.
She is Rosso Corsa on tan and has 64,400 miles with a major service (engine out) completed on June 25, 2013 at 62,500 miles. The service included new Hill tensioners, new injectors, plugs, belts, water pump, only two valves needed a re-shim, fluids, a couple bearings in idlers/tensioners, gaskets, air cleaner and new tires. The A/C components are intact. However, I planned on removing them and did not recharge the system at the time of service. The car drove great from its previous home of Los Angeles to it's current home in Kansas City immediately following the service. The seats are not in the greatest condition, but the rest of the interior is nice. As you can see, the exterior looks great, but is not flawless. There are a couple knicks and light scratches. I also have a new chrome Cavallino on the way for the rear grill. She is definitely the right color and still makes me smile every time I tell her goodnight. 348's are great and weather permitting we drive them everyday. The only reason I am selling this one is to cover a 430 Challenge project I am purchasing. We also own another 348 SS/Challenge or I would not even think of turning loose of this one. So take this opportunity to add one of the few collectible 348's to your stable. Remember.. they only built 32 of these. I can offer enclosed delivery to the east coast this month for a small fee. I can also provide indoor storage if needed, but the car will need to be paid for in full within 7 days of auction close. Please feel free to call with any questions. 480-334-8251 (12pm to 8pm cst) Thank you. |
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Wed, 10 Sep 2014If the history of an automaker is divided up by the mandate of its leadership, then this is surely the end of an era for Ferrari. After repeatedly locking horns with Fiat Chrysler CEO Sergio Marchionne over a variety of issues, longtime Ferrari chairman Luca di Montezemolo has announced his resignation.
Montezemolo has a long history with both Fiat and Ferrari. He started his career at the former before moving over to the latter in 1973 (only a few years Fiat took over half of Ferrari), starting out as Enzo Ferrari's assistant. He was appointed head of the Scuderia the following year, driving the team to success and subsequently taking over all of the Fiat group's racing activities. After the Prancing Horse marque struggled in the wake of its founder's death in 1988, Montezemolo was appointed to take it over in '91 and has been at the helm ever since.
Following Fiat chairman Gianni Agnelli's passing in 2003, both Montezemolo and Marchionne were named to the Fiat board. A year later, after the passing of Gianni's younger brother Umberto, Montezemolo was named chairman of the Fiat Group (to be succeeded six years later by Agnelli heir John Elkann) and Marchionne its chief executive.
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