Back in December, 2014, we wrote about the famous “Condo Find” Ferrari that had been unearthed in the heart of downtown Toronto. That car was a 1971 Ferrari 365 GTB/4 “Daytona” bought off the Geneva motor show floor by Patrick Sinn for a then whopping US$18,000 new, and now you can see the actual car at the Canadian International Auto Show in Toronto.
After buying the red supercar and touring Europe, Sinn had it shipped back to Toronto and eventually racked up 90,000 kilometres.
The automotive honeymoon was interrupted when he abruptly left Canada for Hong Kong, where he planned to run his father’s shipping business for six months. Six months turned into six years, and the Ferrari languished underground. Upon his return, the Daytona was presumably no longer useable, so he bought a Mercedes 280SL and the Ferrari continued to sit.
In late 2014, the car was unearthed and sold at the 2015 Amelia Island RM Sotheby’s auction, where it fetched US$770,000 in its tattered-but-original state. The car was actually purchased by the Toronto dealership, Ferrari of Ontario, that had maintained it all those years it was on the road, and treated to a thorough but sympathetic restoration. Today the car is in fantastic condition, and you would never know it spent 25 years under a tarp in a condo basement.
[“Source-driving”]