Gear Head Tuesday – Buried Treasure – Ferrari Dino

Gear Head

Hat tip to “Milo” and several others who have sent this:

We all grow up digging around in sand boxes hoping to strike it rich and find some hidden and valuable
ancient treasures. What we typically find is an old Matchbox car or a present left behind by a cat.

Either way, it is very rare to find something desirable. Well, that was not quite the case with a young group of
boys in California.

They were digging in their yard when they found something that would make jaws drop and mouths start drooling.

These kids were digging in their yard when they came across something big, something metal, and something
very very valuable.
  A buried Ferrari!
The boys actually discovered a 1974 Ferrari Dino 246 GTS buried just a few feet under the dirt in their yard. The family had just moved into the house and immediately called authorities who came and roped off the area. A team of investigators arrived and unearthed the very valuable rare car.
After exhuming the Italian sports car, it was obvious that someone had planned on returning to retrieve the vehicle. It was very crudely mummified with towels in the vents and tape on many of the seams however the windows weren’t fully closed causing a lot of interior damage.
Farmers Insurance was contacted and because of the VIN number they traced the last owner. After the investigation,
it turns out that the owner of the car had
 actually hired thieves to steal the car and dump it in the ocean so he could
claim insurance on it. The thieves buried the car with the intention of returning to pick it up.
The buried Ferrari was then auctioned off after being on display with the incredible story being reported across the nation.  It was purchased by a young mechanic who owned his own shop in California .  The going price was estimated to be between $5,000 and $9,000, that he paid for the car.
​ ​
He fully restored the buried Ferrari and often enters the car into car shows.  Here are the pictures of the car after the complete restoration. His initial investment is now worth in the millions!
Everything on the car has been restored to the exact factory condition.
However, this car comes with some incredible history and an awesome story.
The car even has a vanity plate which reads  “DUG UP”. How perfect is that?

I have a tenuous connection to this story. The mechanic who bought the Ferrari and restored it is named Brad. This was in the early 1980s and I was in charge of new product development in the Bakery Division in the corporate office of the Safeway supermarket chain at the time. Brad had been dating a woman named Debbie who worked as a Food Chemist in the Quality Assurance lab of the cookie and cracker plant that Safeway had in Van Nuys, California. She and Brad broke up and she transferred to the Bakery Division’s Quality Assurance department at Corporate. I knew her from my trips to the Van Nuys plant. She told me the amazing story of this Ferrari.

•    •    •    •

Car Race


Add yours →

  1. I like that story, Imma go dig up a ’40 Ford coupe. I had never heard the line by Henry Ford about Auto RAcing. I like that one…hahahahahah


  2. What a great story.
    I hope the kids received some reward.

    cheers, parsnip


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: