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Monday, May 5, 2014

Inson Wood takes us on a brief tour of the real Ferrari World circa 1963.

As a leading tastemaker, architect-designer, and the son of art collectors, art dealers, and art makers,  Inson Wood,  has a weakness for the world's most drivable sculpture - Ferrari.
An interior design by Inson Wood with Custom chaises by Inson Dubois Wood LLC,  based on the clean lines of the Ferrari - Berlinetta. 
Inson Wood created a special project in the Hamptons for a space to compliment a very special Ferrari. 
When it comes to Italian design - Its a hard choice between which is more beautiful a vintage Ferrari or Villa D'Este - Inson Wood
Vintage Ferraris have outperformed the S&P year after year. Although an amazing investment - most buyers who collect the yellow label are not intending to sell any time soon and take this investment as an acquisition they are happy to hoard.

Restoring a classic 1950's or 60's Ferrari is ranked as one of the highest design honors of my career - Inson Wood

"The Vintage Ferrari - Unbeatable in every way." - Inson Wood

Vintage Ferraris  - according to Inson Wood, "Nothing quite like them will ever be made again. It is rare to find such a combination of pure bred race car mixed with ultimate beauty and performance - these were made with one goal - winning.  The added bonus is that Italians simply cannot make anything that isn't beautiful." 

According to Inson Wood of Inson Dubois Wood, the Ferrari 458 is one of the most track ready Ferraris, just a heart beat away from a classic Formula One ready race machine. "The ride isn't quite as comfortable as some of the other models,  but you feel as if you could do 24 hrs of Lemans and win." 
Despite these Ferraris multi-million dollar price tags many collectors have the audacity to not only drive them but also to race them!

The worlds most coveted car and most recognizable brand - Ferrari. Tastemaker Inson Wood shows us why the Italian Stallion has kept its brand name power decade after decade. 

Vintage Ferraris now command as much money as a quality Picasso painting - with record prices exceeding 50 million at auction and some being traded privately at even higher prices. 

Nothing like the 3 letters that follow a Ferrari - GTO.

Inson Wood has been involved in the restoration of a series of privately owned vintage Ferraris making sure the designs are historically accurate and using classic techniques such as hand stitched leather and French polished wood treatments.

Inson Wood recommends The Ferrari FF - when 4 seats are required and a little extra room for sports equipment or the family drive in the country at 208 mph - to the country club or the Hamptons and back in record speed. 

Inson Wood in the latest Ferrari FF - A four wheel drive powerhouse as comfortable on the formula one track as it is on the trails to your back woods cliff hanging ocean house on Mt. Desert Island, Maine or your Ski Chalet on Red Mountain Road in Aspen. 

One can see buy the beauty of the Ferrari race stock shape how they could become valuable as pure sculpture.

A vintage Ferrari is one of the absolutely most sophisticated ways to display understated taste in a public arena.

The latest Ferrari models are inspiring to drive, but the real cache and investment potential is in the vintage class circa 1950's and 1960's.  A 1963 Ferrari 250 GTO racer has become the world’s most expensive car, selling for $52 million. The red competition car, formerly owned by the Greenwich, Connecticut-based collector Paul Pappalardo, was acquired by an unidentified buyer in a private transaction, said three specialist traders who independently confirmed the purchase and price to Bloomberg News. Recently, the car has been owned by a Spanish collector, the car website Barchetta 

Inson Wood's favorite driveable Ferrari is the California.  Understated and clean lines.

said.The price is a 49 percent increase on the record for any auto, achieved last year for another 250 GTO. Values of classic cars, particularly Ferraris of the 1950s and 1960s, continue to grow, attracting new enthusiasts, investors and speculators -- and prompting fears of a bubble in the market.“Today the GTO is considered the top car to own,” the California-based dealer Don Williams of Blackhawk Collection said in an interview. “It’s like the Mona Lisa. It has a mystique. If you have a GTO, you have a great collection.”The car was acquired by Pappalardo in 1974, restored and subsequently driven by the collector in many historic races, including the 2002 Le Mans Classic, before being sold on.“We don’t confirm these things,” Pappalardo said when telephoned last night. “I have no comment.”

An unrestored 1948 Ferrari 166 Inter-Sport Corsa Italian racer.

Stirling Moss

The Italian marque’s 250 GTO, created in 1962 to compete at the Le Mans 24-Hour and other Grand-Touring car races, is the world’s most desirable and expensive car. Only 39 were produced. An apple-green version, made for the British race driver Stirling Moss, was sold privately for a record $35 million, Bloomberg News reported in June 2012. The latest record-breaking GTO, chassis number 5111, has a distinguished competition history, having won the 1963 Tour de France road race with the French driver Jean Guichet at the wheel. New buyers have been attracted by classic cars’ investment potential, as well as the chance they give to participate in concours and racing events. The bellwether auctions in California timed to coincide with the annual Pebble Beach Concours d’Elegance raised a record $301.9 million in August. The total, which included $27.5 million for a 1967 Ferrari 275 GTB/4 - S NART Spyder convertible, was the highest for a series of classic-car sales anywhere in the world, according to the Michigan-based database.