Ferrari always said they want to build one less than demand on their limited edition cars. We now know who was told vaffanculo this round...
Sent from my iPad Good point, how many more can PH buy before he joins Enzo? I'll bet that he'll have some choice words for him about loyal customers but Ferrari stopped valuing them 30 or more years ago as soon as order books became perpetually filled and dealer lots got cleared. Well, except for the occasional "buy a 612 and move up the list" periods!
These days, get a dog if you want loyalty.
John
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Preston is 85. 1000 lira says a ~35 year old Emirati replaced him on "the list".
Sent from my iPad My thoughts exactly. Inquiring minds want to know.
John
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So if he has the money, refuses to at least get a chance to buy "the last" one and threatens to sue again and buy a competitor's car (which lets face it, is entry-level compared to the hyper-exotics he'd be more used to), then what's the moral to this story?
If it really is thin at the top, then why turn down such a good customer?
Should I dump my RACE shares then (before the s#!+ hits the fan)?
Peter
He is EVERYTHING that should get him an invite. Participates in FXX Buys first of everything. Flips back to dealer. Etc. He took it VERY personally. He know a lot about how things "work" too. I expect that he will upset that apple cart.
FWIW he couldn't bid on #500. He refused to attend the event even after getting a personal invite.
Money is nothing to Preston. He once owned must of the land that is now western ft Lauderdale. His yearly income taxes are a matter of record - he got sued by Louis Vuitton because people were selling fake bags at his flea market
- the guy makes tens of millions of dollars a year $32m in 2011 / $17m in 2012 - he joked that the $5.5M he paid Coach in a similar lawsuit was - and I quote - "pocket change" that's serious SteveJ kind of money. Lol
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He already has a LaFerrari - he wanted the Aperta! Which I'm not sure why Ferrari wouldn't give him the opportunity ... maybe there is more to the story? Maybe he's been a problem client?
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On 12/13/16 12:55 AM, Peter Rychel wrote:
The guy had an opportunity to buy the 500th LaFerrari during that auction two weeks ago.
I'm sure he's not starving for cash. The final hammer price at $7M - which is A LOT (too much in my opinion) - was probably do-able for him. If he wanted one THAT BADLY (enough to drop a $1M cheque sight-unseen, prior to worldwide public debut) and if he
didn't bid, then it's his loss.
I'm also sure Sergio isn't losing sleep over pissing him off.
Preston is one guy. There had to be plenty others who got turned down to be on the list. I wonder if they tried to bid on this last one as well?
They shouldn't worry, Ferrari will come out with another hyper-exotic in a few years... Meanwhile, he'll have fun with his NSX.
What other possible lawsuit could he bring onto Ferrari (that would stick)?
Peter
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