Why auto lovers are celebrating a new kind of old Ferrari - Fortune

This weekend’s Pebble Beach Concours D’Elegance auto show will feature a new kind of old Ferrari: unrestored. Among the classic cars to be featured at the annual event will be a rare 400 Superamerica Ferrari, believed to be the only such Ferrari built with an aluminum-alloy body. “The Ferrari is a dazzling example of an emerging kind of vintage car, where original condition, even with flaws in paint and upholstery, is valued over pristine restoration,” writes The New York Times. “Because this preservation class is happening at Pebble — and because these are Ferraris — the significance is huge,” David Gooding, president of automotive auction house Gooding & Company, told the Times. To license Fortune articles, excerpts, or headlines for republication in various media (including books, eBooks, film, web, newsletters, newspapers, magazines and others), please email syndication@timeinc. To license a Fortune cover, order reprint or e-print copies of an article or cover, or license an accolade, please contact PARS International at www. To license text only photocopies of Fortunearticles as print or digital handouts in academic settings, or in academic coursepacks, please contact the Copyright Clearance Center at www. Source: fortune.com