Much has been written-both positive and negative-about Ferrari Classiche, the arm of Ferrari set up as an official certifying organization for its cars. For decades, Ferrari had no interest in the older cars and only pricked up its ears (and its legal department’s pens) when the elusive William Favre began […]

Thanks to feedback from readers, virtually every column inspires a follow-up column. In “Opening Pandora’s Black Box” (December, p. 48), I wrote that “the older Ferraris, from the 512 BB backwards, can be restored by an experienced shop, and virtually any part is or will continue to be available or […]

Throughout the week of March 12-17, the demise of Bear Stearns sent a shudder through the world’s economy. If, like me, you consider The Economist fun reading, and you survived the 1974 and 1979 gas crisis and the 1980-85, 1990-95, and NASDAQ 2000 recessions, it’s been all-too-predictable. The U.S. economy […]

The flow of Ferraris to the U.S. began in October 1948 with Tommy Lee’s purchase of 166 MM Barchetta s/n 0002M at the Turin Auto Show, quickly followed by Briggs Cunningham’s purchase of 166 Spyder Corsa s/n 016 that November. For the next 60 years, Ferraris have gone back and […]

Decades ago, when negotiating with bankers for our first seven-figure credit line, I was asked, “What is the annual global Ferrari market, in both dollars and cars?” While I’ve long since forgotten the figures for that period, it was an interesting exercise to calculate then, as it is today. We […]

One of the frequent questions that crosses my desk is “Which current Ferraris will become classics like the Lusso, 275 GTB, or any of the collectible earlier Ferraris?” Sadly, the answer is very few, if any. Win on Domenica, sell on Lunedi From the first Ferraris built in 1947, the […]

Recently, one early-morning caller wanted an “F1 Ferrari.” That afternoon, another emailed wanting “a race car,” and a later caller wanted either a 246 GTS or a 550. While buying a Ferrari is an inexact science, I start by explaining that all Ferraris are in some way “mission specific.” To […]

The daily drama of selling older Ferraris provides a constant supply of material for this column, as the same set of problems endlessly repeat themselves in slightly varying scenarios. Rather than continually go through the same explanations, it’s often easier simply to tell people, “Stand by, and I’ll email you […]

A subscriber recently wrote, worrying about future maintenance costs of late model Ferraris: “My only fear is the outdated computer-controlled systems and the way obsolescence will drive maintenance sky-high for such systems. At least the vintage V12s don’t suffer ECU and “black box” syndrome!” While computer systems will certainly be […]

To the aficionado, Ferraris have always been industrial art, the pinnacle of technology and styling of their era. Many of my clients have described their Ferraris as user-friendly interactive art. In the last decade, auctioneers and collectors have created a new world of art buyers intertwined with Ferrari buyers. Most […]