Ferrari, Cobra worth $4 million found in condemned NC garage

Just imagine the reaction of the person who discovered them

Woodworth, Hagerty Garage FindA North Carolina garage was opened for the first in decades, unveiling some of the rarest sports cars in the world with a preliminary estimated value of $4 million.

Among the finds was an 1967 Ferrari 275 GTB, one of only a handful built with an alloy body. Amazingly, the svelte silver coupe only has 13,000 miles on the clock. Under the hood is a two-cam V12 designed by Gioacchino Colombo, sporting three twin-throat Weber carburetors.

Woodworth, Hagerty Ferrari

Similar cars in have sold in the $5-8 million range, though those examples were in pristine condition, had six twin-barrel downdraft carbs and historic pedigrees. This one is a little less than pristine. 

Sitting next to the Ferrari was another once in a lifetime find: a completely unmolested 1966 Shelby Cobra 427 with only 19,001 miles showing on the odometer. The chassis number identifies the roadster as one of approximately 100 built equipped with a 428-cubic-inch engine rather than a 427.

Woodworth, Hagerty Cobra

According to legend, the substitution was either a cost-saving measure by the car’s builder, Carrol Shelby, or due to Ford’s inability to supply enough of the more powerful, race-proven 427s.

The owner of the cars drove them into the garage following the motorcycle death of his trusted mechanic and personal friend. Another suitable mechanic was not found, and the years rolled by.

Though in an upscale neighborhood, the garage in which the vehicles were stored was recently condemned by the city, giving the cars’ owner mere weeks to find a new home after 26 years of storage.

Woodworth, Hagerty Ferrari

Also inside the building is a 1976 Triumph TR6 with only 9,000 miles, a propane-powered 1978 Morgan Plus 8 with only 3,000 miles, and a mid-1980s BMW 325ix.

Read more: 

Related Articles

John Moroney
John is Motoring Research’s North America expert, but is also a fan of the offbeat and leftfield. Classic motorcycles are a particular speciality.



Please enter your comment!
Please enter your name here


Petrol station drive-offs: what does the law say?

Although Making Off Without Payment is an offence under the Theft Act 1978, the police may not investigate a petrol station drive-off.

Land Rover Defender thefts on the rise AGAIN

Thefts of Land Rover Defenders are increasing. At least four Defenders thefts a week were being reported to NFU Mutual earlier this year.

‘Shocking’ rise in drivers caught speeding during lockdown

Government data released today shows that the first lockdown led to a ‘shocking’ rise in the number of drivers exceeding the speed limit.

Revealed: the most expensive cities for car insurance

Liverpool is named as the UK's most expensive city for car insurance. There's better news for motorists living in Scotland, though.

Find a Car Review