Showing posts with label news. Show all posts
Showing posts with label news. Show all posts

Saturday, February 25, 2012

Penn State mission affiliate Pennsylvania College of Technology is going to start a auto restoration major

The restoration of a 1965 Ford Mustang convertible for the Antique Automobile Club of American Museum in Hershey has led to plans for a new major at the Pennsylvania College of Technology in Williamsport.
Students at the special mission affiliate of Penn State restored the car for the museum in 2010. Last year, it won a first-place junior award at the club’s America eastern regional meet.

Because of that success, the college plans in the fall to offer a two-year degree in automotive restoration technology, which pleases Michael Barrett, executive director of the museum that will be a major sponsor of the program.
“It will teach a skill that has been lost over the years,” he said.
It is difficult for young people to get into the restoration field, only three other public colleges in the country offer such a course.

It is almost a recession-proof industry to work on high-end classic cars, unlike work in a body shop that often takes only days, restoration can take a year or longer and cost upward of $80,000. There are no computers or replacing a damaged fender with a new one, students will learn how to pound out dents and restore the cars to their original condition.

Williamson expects the first class to have 18 to 20 students. They will have to take collision-repair courses the first year, he said. Only students with at least a B average can opt to take the restoration course the second year.
They also could decide to complete their collision-repair degree and return for a third year for the restoration degree, he said.

Only serious students will be selected for the restoration program because classic car owners are very particular about their vehicles, Williamson said.

from http://www.pennlive.com/east-shore/index.ssf/2012/02/classic_car_restoration_leds_to_plans_for_new_major_at_pennsylvania_college_of_technology.html
via: http://multibriefs.com/briefs/vrl/index.php

Sunday, February 12, 2012

Most expensive cars ever sold at auction list just updated

Top 10 Prices Paid for Cars Sold at Auction

1. 1957 Ferrari 250 Testa Rossa Prototype, Gooding Pebble Beach, August 2011, $16,390,000
2. 1957 Ferrari 250 Testa Rossa, RM Auctions Ferrari, May 2009, $12,402,500
3. 1961 Ferrari 250 GT SWB California Spyder, RM Auctions Ferrari, May 2008, $10,894,000

The above is a 30 million dollar 1962 250GTO that sold in England http://www.classicandperformancecar.com/news/marketnews/278407/the_20million_250gto.html

4. 1931 Duesenberg Model J Whittell Coupe, Gooding Pebble Beach, August 2011, $10,340,000
5. 1931 Bugatti Royale Type 41, Christie’s London, November 1987, $9,800,000
6. 1937 Mercedes-Benz 540K Special Roadster, RM Auctions Monterey, August 2011, $9,680,000
7. 1962 Ferrari 330 TR/LM, RM Auctions Ferrari, May 2007, $9,281,250
8. 1937 Mercedes-Benz 540K Special Roadster, RM Auctions London, October 2007, $8,252,201
9. 1937 Bugatti Type 57SC Atalante Coupe, Gooding Pebble Beach, August 2008, $7,920,000
10. 1965 Shelby Daytona Cobra Coupe, Mecum Auctions Monterey, August 2009, $7,685,000

The Duesenberg result was also significant in that it became the record for an American car sold at auction, eclipsing the 1965 Shelby Daytona Cobra Coupe that Mecum Auctions sold for $7,685,000 in 2009.

from http://www.sportscardigest.com/top-ten-cars-sold-at-auction-february-2012/ via http://multibriefs.com/briefs/vrl/index.php

Tuesday, February 7, 2012

Craig Breedlove – the first person to exceed 400, 500, and 600 miles per hour on land – was the recipient of the fourth annual “Spirit of Competition” Award

The Spirit of Competition Award that Dr. Simeone presented to Breedlove featured a model of the Museum’s Cobra Daytona Coupe CSX 2287, the car Breedlove co-drove to 23 international records in 1965, shortly before breaking the 600 MPH barrier in his Sonic I jet-powered car . This was also the barnfind Cobra Daytona http://justacarguy.blogspot.com/2011/08/stop-if-youve-heard-this-one-before.html

Wednesday, October 19th, 2011. Breedlove joined drivers Mario Andretti, Janet Guthrie, and John Fitch as an Award recipient.

“Craig Breedlove represents what you can achieve if you have a clear vision and determination,” 


“With only a handful of volunteers and a shoestring budget, he was able to accomplish what many others could not. His achievements captured the country’s imagination and made him a household name.” commented Fred Simeone, executive director of the Simeone Foundation Automotive Museum.

His quest for a speed record captured the imagination of the nation and his technological feat became a symbol of national pride during the Cold War. His achievements made him a household name in the 1960s, and the Beach Boys even wrote a song about him. Shortly before exceeding 600 mph in November, 1965, Breedlove set 23 international speed records – including averaging 150 mph for 12 hours - co-driving the Shelby Cobra Daytona Coupe (CSX2287) that is on display at the Simeone Museum.

The Simeone Foundation Automotive Museum (Philiadelphia) was awarded the International Historic Motoring Awards “Museum of the Year” for 2011-2012

http://simeonemuseum.org/events/simeone-museum-named-museum-of-the-year

The judging panel included such noted figures as TV host Jay Leno, vintage car racer and Pink Floyd drummer Nick Mason, Pebble Beach Chief Judge Ed Gilbertson, five times Le Mans winner Derek Bell and Lady Susie Moss, wife of racing icon Sir Stirling Moss, Horst Bruning, president of the International Federation of Veteran Automobiles, Ian Callum, design director of Jaguar Cars, Duncan Wiltshire, Chairman of Motor Racing Legends, Robert Coucher, international editor of Octane magazine, Peter Stevens, designer of McLaren F1, and Simon Kidston, international car consultant and commentator.

The other museums that were considered were the National Motor Museum of England and the Jaguar Heritage Museum in the UK, the Peterson Museum in Los Angeles, and the Auto Museum Prototyp in Germany.

“This is an enormous honor for the Simeone Automotive Museum, especially considering the quality of the other institutions that were considered,” said Executive Director Fred Simeone. “These are the very best automotive museums in the world and we were humbled just to be considered. To actually win was beyond our wildest dreams. This award is the greatest international recognition to which an automotive museum can aspire.”

The results were announced on November 16th 2011.

Wednesday, January 18, 2012

what a differenace a restoration makes on auction results

a 1939 Futurliner just sold at the Worldwide Auctioneers in Auburn Indiana
$247,500. The Jan 2012 issue of Automobile magazine says that a west coast dealer is now asking $400,000 for this bus.
New tires, and the rest needs resotration. The tires alone cost about $15,000.

Today, nine of the original 12 Futurliner vehicles have been located, with two of the nine already beyond repair, serving only as “parts” vehicles. One inventive collector converted one Futurliner into a motorhome. Another, used by a bus company in Massachusetts, now does duty as a display vehicle for the bus company. Once decommissioned by GM, still another found its way into the hands of the Oral Roberts’ crusades in the 1960s, dubbed the Cathedral Cruiser. Still others are in various states of restoration.
These incredible vehicles are 33 feet long with a 248-inch wheelbase, eight feet wide and stand nearly 12 feet tall. One of its most unusual features of a GM Futurliner truck is its dual (side-by-side) front wheels steered of course by a hydraulic power steering. Now restored Futurliner trucks have the ability to be shod correctly in stunning, period-correct real wide whitewall tires thanks to famed collector Mr. Ron Pratte and the folks at Coker Tire.
http://blog.cokertire.com/general-post/gm-futurliner-restoration-ron-pratte/

in 2006 at Barrett Jackson one that was restored sold for $4,320,000

Monday, January 16, 2012

Nurburgring production car lap time set again by Viper ACR

Viper Exchange owner Ben Keating secured veteran GT driver Dominik Farnbacher and the record was brought back to Viper with a 7:12.13

In Aug 2008, the Viper ACR of Tom Colonel set the record at 7:22.1

the Dodge Viper holds the record at Buttonwillow, Gingerman, Laguna Seca, Miller Motorsport Park, Nelson Ledges, Sebring, Texas World Speedway, and Willow Springs

Saturday, December 24, 2011

SAAB filed for bankruptcy last week... brought low by GM's bankruptcy and pathetic management, who've blocked its sale to Chinese companies in fear that Chinese would get GM technology and processes. Like that hasn't happened already

Saab CEO Victor Muller said "the last nail in the coffin" was previous owner General Motors Co.'s rejection of a Chinese company's attempts to gain control of the ailing Swedish brand.
Volvo Cars, Sweden's other car maker, is presently ramping up production after China's Geely Holding Group bought it from Ford Motor Co. last year.


Muller, a Dutch entrepreneur, used his luxury sports car maker Spyker Cars to buy Saab from GM in 2010 for $74 million in cash plus $326 million worth of preferred shares. He vowed to gradually increase production while restoring Saab's Swedish identity — which critics said was diluted under GM ownership. But the company ran out of money just a year later.

As production stopped and salary payments were delayed, Muller fended off bankruptcy by selling Saab's real estate and lining up financing deals with investors in Russia and China. He bought time by placing the company in a reconstruction process under bankruptcy protection.


But the deals fell through, blocked by regulators or by GM, which was concerned that its technology would end up in the hands of Chinese competitors.

GM spokesman Jim Cain told The Associated Press Saturday that each new proposal "results either directly or indirectly in the transfer of control and, or ownership of the company in a manner that would be detrimental to GM and its shareholders."http://today.msnbc.msn.com/id/45720823/ns/today-today_news/t/saab-declares-bankruptcy-gm-blocks-chinese-deal/

this is what happens when a company loses control of it's ownership and the whims of takeover corporations dictate its fate. Stay independant my friends, either be your own master, or work for someone else, but don't let them own you.

Saturday, December 17, 2011

Car news, Cuba loosens up on car ownership laws, lets Cubans buy and sell cars now

For the full story: http://www.reuters.com/article/2011/12/13/us-cuba-cars-idUSTRE7BC21820111213/

Liberalizing car sales is one of more than 300 economic reforms the government of President Raul Castro is undertaking as part of an "updating" of its socialist system.
Since it entered into effect at the start of October, around 300 people are lining up daily to register vehicles, or buy and sell others, and the vehicle registration office has processed around 3,300 buy-sell certificates, state media reported.
In the small country of 11 million people, news of sales or potential buyers spread through word of mouth, a few informal car brokers who hang around in parks or a few websites - though occasional "For Sale" signs dot cars lining the boulevards.
"It made the buying and selling between people flexible. It recognizes vehicles as property which wasn't recognized before," said a Cuban lawyer waiting in a park outside the vehicle registration office

Saturday, November 26, 2011

No Red Bull air races in 2012

Red Bull says the one year break its race series that happened this year will extend another year through 2012.

A spokesperson for Red Bull Air Race told the Aircraft Owners and Pilots Association there will be no races again in 2012 saying, “a revamped concept and a fixed race calendar will be revealed in 2013.”

Found on http://www.wired.com/autopia/

Tuesday, November 22, 2011

Morgan will be making the 3 wheeler again, and selling them in the US




the Morgan Motor Company is officially the largest British-owned carmaker in Britain, and still fashions cars out of ash wood and hand-beaten metal operating out of the same set of red brick sheds its founders erected in 1918.

Weighing 1000 pounds, powered by a fuel-injected American motorcycle engine mated to a Mazda Miata gearbox, making it capable of a 4.5-second dash to 60 mph and a top speed of more than 115 mph, and since it's a 3 wheeler... it's exempt from federal automotive emissions and safety standards. Like its forebears, it's classified as a motorcycle, which means that Morgan's eleven U.S. dealers are taking deposits on this 30-plus-mpg, $45,000 piece of built-to-order mechanical lunacy now.

photos and info from  http://www.automobilemag.com/reviews/driven/1112_morgan_3_wheeler_driven/index.html
 
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