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Discovery Channel - 1998 Ferrari F355 Challenge

Posted by Robb about 2 weeks, 3 days ago
$185,000.00

This is the LAST generation of Factory Ferrari racecars with a stickshift transmission.  This is the last group of that generation - only one of 40 in the world.  There are only about 12 of these in the US.

You will find very few Ferrari Challenge cars anywhere in the world more complete. Few F355 Factory Challenge cars come up for sale in a year - almost never an Evoluzione. If you are looking for a complete car and one that you can proudly put in your collection, and have fun on the track - look no further.

1998 Ferrari F355 Challenge “Evoluzione” 

Serial Number – 111869

Specifications

1998 Ferrari F355 Challenge – Factory Challenge “Type A - Evoluzione” - 1 of 40 in the world

6-Speed Gated Manual Transmission

Original Color – Blue Pozzi

Double Orange Stripes added later

Then Painted Nero with Double Silver Stripes

VIN – ZFFXR41A0W0111869

11,874 Miles

Pros

It's one of the most heavily, and famously, sponsored Ferrari F355 Challenge Cars in the North American Series. It's sponsors included:

Discovery Channel – John Hendricks

Speedvision – Roger Werner – became Speed Channel then Fox Sports

STARZ!, BET, Encore Media, Showtime, The Movie Channel – John Sie

Commscope – Frank Drendel - designs and builds the connectivity for many of the world's most advanced cable and internet networks.

General Instrument - specializing in semiconductors and cable television equipment – past CEO was Donald Rumsfeld… / Acquired by Google then Arris

Antec – John Egan - pioneered development of optical products for the cable television industry / Acquired Nortel then changed name to Arris

Original owner / driver was Tim Robertson – The Family Channel CEO, Co-founder of Major League Lacrosse, and son of evangelist minister and presidential candidate Pat Robertson

Car is a factory built Challenge Car and is one of 40 Final Evoluzione versions - authentically restored with all original parts and correct livery.

Fully documented race history, maintenance and ownership history.

Very well maintained example – It has a new gas tank and all new fuel lines – those two simple items should tell you plenty on it's current condition and caretakers.

Lower mileage example

No Check Engine Lights. No Slowdown Lights.

Honest, knowledgable Seller, and regular on Ferrarichat.com with multiple F355 in the same garage

Car has the following Upgrades

Steel Valve Guides

Factory Challenge Exhaust (designed similarly to a Tubi) - including original Challenge Exhust (the straight-pipe loud one)

Fabspeed straight pipes without bypass valve

All Plastic Parts (that are known to get sticky) have been refinished and restored with lazer-etched , proper graphics by Sticky RX.

Cons

Minor rock chips on nose and 2” crack on front bumper

Typical buttress cracks seen on all F355 berlinettas

Undertray fiberglass has some chips from track curbing

Leather pulling on dash pod

Crack in windshield under passenger wiper blade area / Rear Window is Plexi – some might call that a pro.

Detailed Maintenance History

Rebuilt Engine on new block from FNA - Ferrari of Atlanta

Rebuilt Gearbox – March 1999 – Ferrari of Atlanta

Replace Clutch and Flywheel – June 1999 – Ferrari of Atlanta

Replace Windshield – October 2002 – Ferrari of Atlanta

Engine Out / Belts – April 2005 – Lake Forest Sportscars

Engine Out / Belts – December 2009 – Lake Forest Sportscars

Brake Rotors / Pads – January 2011 – Lake Forest Sportscars

Replaced all Fuel lines / hoses / gas tank – January 2012 – Lake Forest Sportscars

Engine Out / Belts – February 2015 – Lake Forest Sportscars

Ownership History

Tim Robertson – Virginia Beach, Virginia – Feb 1998 thru March 2001, Media CEO and son of evangelist minister and presidential candidate Pat Robertson, also owner of Ferrari 550 Maranello and Ferrari 360 Challenge raced in the series

Bob Mayer – Atlanta, Georgia – March 2001 thru May 2003, raced in the SCCA Atlanta T1 series, owner of Ferrari F355 berlinetta

Gary Kachadurian – Chicago, Illinois – May 2003 thru Sept 2004, real estate magnet - multiple Ferrari owner including 512tr, F355 berlinetta and others

Ken Griffin – Chicago, Illinois – Sept 2004 thru February 2015, CEO of global investment firm “Citadel”, multiple Ferrari owner including LaFerrari, Enzo, etc…

Robb Williamson and his brother – February 2015 to Present –Corporate Location Photographer and Doctor, owners of other Ferrari F355 Berlinetta, Ferrari F355 GTS, Ferrari 328 GTS.

Additional Items Included

OEM Speedline Challenge Rims in silver – Extra spare Set for additional slicks or rain tires

OEM Leather owner's pouch with all books, manuals, and papers

OEM Challenge Rules and Regulation booklets for 1998 and 1999 seasons

One OEM Key and One aftermarket copy

Two OEM A.E. Lorioli keychain – 1998

Original Leather Key Fob from Foreign Cars Italia

OEM steering wheel cover, two seat covers, and red nylon carry bag – aftermarket car cover to fit over wing

OEM emergency service light

OEM Leather stereo blank plate installed in car

Original History Monograph with all complete race records and team paperwork

Original Team crew Shirt from Race Team

Original T-Shirt from Race Team

OEM F355 Leather tool case – missing tools, and trays

Binder with Hard Copies of all maintenance service records

B&W Copy of MSO (Manufacturer Statement of Origin - Certificate of Origin of Vehicle)

USB thumb drive with digital copies of all history and records

IN-car video of training sessions

Digital copy of Montreal Challenge Race in 1998 with letter documentation

Historic Photos of car racing in Ferrari Challenge series

Current Photos of Car on track

Conclusion

You will find very few Ferrari Challenge cars anywhere in the world more complete. Few F355 Challenge cars come up for sale in a year. When you see one, look closely for what it is “not” coming with. Look at all the parts that are not original or what it is missing. Many of the cars ran in SCCA racing and lost much originality with changes to the car. Then look to see if it looks like rats have made it home with owners that just did not care and was put away very wet. You will find many challenge cars in this condition. It will take quite a lot of money to bring them back and that is just the aesthetics. We have seen other challenge cars on the track with mechanical difficulties due to lack of use and owner neglect. I'd think most buying a Ferrari for the track would love it to run like an industrial sewing machine – one that just purrs and goes and goes, and goes without issues. If a car is missing parts – they are likely to never be seen again. Then there is the question about it's sponsorship. Was it sponsored by a local dentist, or did it have backing like The Discovery Channel, Speedvision, and major Cable Entertainment Channels? It would seem that the latter is likely to look great anywhere and will continue to hold interest and demand throughout the future. Does the car have interesting history more than what place it finished or is there no clue as to it's original driver and their story of how they got involved in the series?

So if you are looking for a complete car and one that you can proudly put in your collection, look no further. We started with a good Ferrari – it is now a great Ferrari. It's now up to the new owner to pick and choose how to enjoy. The sky is the limit.

Why am I selling this car?

My brother and I bought this car together to restore and research so that it would be as complete as possible at the end of the process. We would then have a very rare car that was built at the Ferrari Factory specifically dedicated to the track. This car made us better driver's in our other F355's and showed us how good a Ferrari could be without compromises for the road and creature comforts. We succeeded in finding one of the rarest versions of the car and one of the most fun on the track. You can find two stories about the car and our pursuits on the Petrolicious site. My brother has since had a change of heart about having a dedicated track car and would like to add another street car to his garage. So I reluctantly have to sell based on our agreement. But the experience was great and I can feel a sense of pride and accomplishment on the work, driving experience, and the preservation of the Ferrari Challenge History that could be lost without this time and effort.

Pricing

F355 Challenge car values seem to float around 130k for a car without history or if missing many original challenge parts like seats, the roll cage, brakes, etc – or one that looks like it has sat with the rats and was put away wet. There is a huge difference between the lower priced cars and the higher priced cars. There is also a difference in value for the Factory Challenge cars and Evolutione cars which are rarer in number. The nice cars have been sold for as high as $225,000 to collectors in Europe in recent history. One of the nicest cars out there with a classiche certification is priced near $300k.  At the recent auction in Maranello, there were very high prices set for Ferrari Challenge and race cars. A Maserati Trofeo race car also recently sold for a record amount. So I would think that in the future, the demand for these rare cars and values should continue to increase.

This car is priced at $185,000 based on completeness of records, parts, and famous corporate sponsorship. The car comes with a B&W copy of the MSO which may enable a collector to register the car for street driving depending on your state or country – although it is definitely better suited on track with its precise, and tight suspension, lower ground clearance, and other track focused features. It shines on the track and will leave even much newer street Ferrari's in the dust there. The car is sold with a Bill of Sale without Title because it is a Race Car currently for off-road use only. I am also open to discussing trades of other Ferrari's or interesting exotics. I have recently sold another one of our F355 to a new collector in San Francisco with a very smooth transaction as we shuffle around our garage. 

Give me a call to discuss your thoughts anytime.

If you are a collector or track driver and want a Ferrari Challenge car with unique history and fame, then look no further and just enjoy. Contact me for further information.

Robb Williamson

303-883-8359

robb@williamsonimages.com

Full Race History

1998 Ferrari Challenge Season

Tim Robertson - # 91

April 25-26 – Homestead, FL

Race One – 15th

Race Two – 15th

Endurance Challenge - 5th

May 9-10, 1998 – Texas World Speedway, TX

Race One – 18th

June 5-7, 1998 - Montreal, Quebec, Canada

Race One – 18th

June 26-27, 1998 – Lime Rock Park, CT

Race One - 16th

Race Two – 14th

Endurance Challenge – 14th

August 1-2, 1998 – Road Atlanta, GA

Race One – DNS

Race Two – DNS

Endurance Race – DNS

Septmber 19-20, 1998 - Pikes Peak International Raceway, CO

Race One – DNS

Race Two - DNS

Endurance Race - DNS

November 7-8, 1998 - Imola, Italy

Did not attend

1998 Season Final Drivers Standings – 21st with 260 points

1998 Season Endurance Challenge Championship – 16th

1999 Ferrari Challenge Season

Tim Robertson - # 91 – Ferrari of Atlanta

Phoenix, AZ

Race One – 10th

Race Two – 10th

Endurance Race - 5th

March 5-7, 1999 – Willow Springs, CA

Race One – 16th

March 19-21, 1999 – Sebring FL

Race One – 12th

April 16-18, 1999 – Homestead, FL

Race One - 14th

Race Two – 10th

Endurance Race – 9th

June 25-27, 1999 Lime Rock Park, CT

Race One – 20th

Race Two – 18th

Endurance Race – 6th – Tim Robertson / Matt Drendel

August 6-8, 1999 – Road Atlanta, GA

Race One – 11th

Race Two – 9th

Endurance Race – 6th

October 9-10, 1999 – Laguna Seca, Salinas, CA

Race One – 22nd

November 5-7, 1999 – Vallelunga, Rome, Italy

Did not attend

December 3-5, 1999 – Homestead, Florida

Challenge Enduro 6-hour race – Tim Robertson raced in the # 77 car with Jim McCormick, Sandy Reddin, and Allie Ash – 4th

1999 Season Final Drivers Standings – 9th

1999 Season Endurance Challenge Championship – 3rd

1999 Season Dealer Championship – 4th

1999 Season Dealer Endurance Championship – 2nd

2000 Ferrari Challenge Season

Tim Robertson - # 16

May 19, 2000 – Road Atlanta, GA

Race One – 8th

Race Two – 5th

Joe Masessa / Michael Louli / Philip Shearer - # 16 – Ferrari of Atlanta

29 Nov -3 Dec, 2000 - Homestead, FL

Challenge Enduro 6-hour race / race concluded early for safety concerns with 17 360's and 5 F355's - 12th overall

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