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Penny Riley

Wed Oct 16 2013 02:41:37 GMT+0000 (Coordinated Universal Time)

Current bid $35K.
Up for bid is an uncompleted restoration of a 1950 Chevrolet Cab Over truck sitting on a 1988 Chevy Topkick, 6500 chassie powered by a rebuilt 3208 Turbo CAT diesel engine with 0 miles. Transmission is a 4 speed Allison automatic transmission. This handbuilt heavy hauler is completely drivable and ready for the top cab to be finished and married to the chassie. Also comes with 4, new air ride seats. Pictures speak volumns about quality of metal and mechanical work. This is a four door custom 30" stretch cab.

Includes 30,000 lb. air ride gooseneck binkle plate as well as a 2 1/2" heavy duty receiver for standard trailer pull. Air ride cab. 22.5 Alcoa wheels with Goodyear tires. Rear tires are super singles. All aluminum diamond plate has been powder coated black.

Cab has been epoxy sprayed after completed metal work and is ready for finish body work.

Photos and receipts of all stages of work will be included with winning bid.

Penny Riley

Sun Oct 06 2013 20:08:40 GMT+0000 (Coordinated Universal Time)

1963 Ferrari 250 GT0 sells for record $52 million.

Citing anonymous sources with knowledge of the sale, Bloomberg reports that the rare 1963 Ferrari 250 GTO was owned by noted Connecticut based car collector Paul Pappalardo, and likely sold to a Spanish collector.

If accurate, it was the highest known price ever paid for an automobile, smashing the record set by another Ferrari 250 GTO last year, which went for a reported $35 million.

When contacted by Bloomberg, Pappalardo had no comment.

The 250 GTO was a street legal racing car that cost less than $20,000 when new. Pappalardo purchased the car in 1974 for an unknown price and has entered it in several historic racing events over the years.

A total of 39 250 GTOs were built from 1962 to 1964 and just 36 are known to exist. No two are exactly the same.

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