Nothing is more beautiful than a Ferrari. And so, nothing is more beautiful than the Cavallino Classic, a unique event featuring Prancing Horse models, young or older. After a postponement of several months due to COVID-19, the 30th edition was able to be held last weekend in Palm Beach, Florida. There was no shortage of unique models: Ferrari 250 GTO estimated between 35 and 50 million euros per unit, Ferrari Formula 1 motorboat, etc.
The origins of the Cavallino Classic go back to the early 1990s, on the initiative of Cavallino Magazine. Today the event is owned and managed by Canossa Events, an Italian company that annually organizes more than 270 car exhibitions and rallies around the world. Both entities are part of Motorsport Network, which also owns FerrariChat.fr.
Scheduled for January, the 30th Cavallino Classic has been postponed to April due to the pandemic. Despite the wait, the exhibition went off without a hitch. We therefore hope that it will be the first in a long series of automotive events to return in 2021!
The Cavallino Classic was divided into two zones and had a total of around 100 cars. The main section of the event consisted of just over 20 models. This is where one could find the 250 GTO, 250 SWB and other unrestored racing cars. Canossa Events estimates that it would take an average of one million euros to restore these exceptional models, which have beautiful cracked paintings.
As you can imagine, Cavallino Classic is also a competition. This means that judges took a close look at the cars on display and evaluated them despite the intense heat in Palm Beach. Thus, prizes were awarded in several categories.
1957 Ferrari 250 GT Tour de France
The “Scuderia Ferrari Cup”, an award given to the best Ferrari in competition, was won by a Ferrari 250 GT Tour de France from 1957. Given its heritage and that only 36 examples were produced, its value is between 35 and 50 million euros. After winning several races in Europe, this model traveled to Venezuela as early as 1958 and finally ended its career in the United States in 1959.
1952 Ferrari 212 Inter Cabriolet
The second major award went to the best Ferrari GT, an award also known as the “Gran Turismo Ferrari Cup”. The winner was a 1952 Ferrari 212 Inter Cabriolet Pininfarina. Besides the fact that it raced throughout Europe, this elegant open-top car is the only one equipped with a left-hand drive!
Given the value of these cars and the very limited production, they rarely change hands. Therefore, securing multiple awards at events such as the Cavallino Classic helps ensure the long-term stability of owners’ investments. And for us Ferrari fans, the Cavallino Classic allows us to observe Ferrari’s glorious past. And then, having the opportunity to chat with the owner of a machine that is worth several private islands is always a unique experience!
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