Cars We Sold

1977 Ferrari 512 BB/LM Conversion Serial Number 22255

Sold

Lead photograph of 1977 Ferrari 512 BB/LM Conversion Serial Number 22255

We are pleased to offer 512 BBLM conversion s/n 22255. Sold new in 1977 as a standard carbureted 512 BB to Roger Penske, the car was wrecked in a road accident and at the peak of the 1985-1989 Ferrari market the remains were sold to well-known collector Lawrence Stroll. Then shipped to Italy to be fully rebuilt and restored by the same shops who built the BBLMs for the Factory in 1979-1980, Sauro in Bologna and Bachelli & Villa in Modena as an absolutely indistinguishable duplicate of the factory BBLM. At the time (1990-1991) this project was started a Factory built 512 BBLM s/n 32131 was sold for $757,500 and Ferrari 512 BBLM s/n 29509 sold at the Tokyo Auction for $785,714. The period record price for a 512 BBLM was for s/n 35527, sold in Sept, 1989, at Coy’s Nürburgring sale for $1,300,000! Completed late 1994 /early 1995. The cost for the updates and conversion alone, not including buying the wrecked car, shipping, customs duty, project management, etc, was about 400.000.000 Lira or at the Lira to US dollar exchange rate of the time, app. $240,000 USD.

Lawrence Stroll had 512 BBLM conversion s/n 22255 and 250 GTO Replica s/n 3781 both built as “practice cars” to explore the racing limits of both the 512 BBLM and the GTO platform at the Monte Tremblant racetrack, the owner’s private race track in Quebec. Mr. Stroll also owns Factory 512 BBLM s/n 31589 and Factory 250 GTO s/n 3451, both far too valuable to use as “practice cars”. In 2000 Ferrari 512 BBLM conversion s/n 22255 was updated and further race prepared by John Hajduk, an Indiana-based expert on race preparing the 512 BBLMs. The fuel pumps were updated, the roll cage was re-welded and reinforced, a new oil tank with larger oil lines was fitted and a Tilton oil pump was fitted to the transaxle. A quick change steering wheel, much improved brakes, a Tilton Master cylinder assembly and a modern fire system were fitted. A full engine service was also done. 13 Sept., 2000, as per John Hajduk this is the best built 512 BBLM he has ever seen. 512 BBLM conversion 22255 was raced in the North American Ferrari Historic Challenge Series in 2000 and 2001.

In 2003 Ferraris-online LLC sold 512 BBLM conversion s/n 22255 to the current owner who has raced it at Pocono, Watkins Glen and Daytona. All service work from 2003 to 2012 has been done by Classic Coach Repair Inc. Elizabeth New Jersey at a cost of $126,491.29. Included in the service work was a complete engine rebuild and chassis Dyno tune in 2007 at a cost of $49,417.27. In Feb., 2012 the transaxle was rebuilt, a new ring and pinion, new limited differential and new side covers for differential were fitted and 512 BBLM replica s/n 22255 was dyno tested by Classic Coach Repair Inc. at a cost of $51,892.53 We have all invoices on file by PDF.

This 512 BBLM conversion is fully sorted, very fast, makes wonderful sounds and is reasonable to maintain and the lowest priced VARA, SCCA Vintage, and HSR eligible 12 cylinder race Ferrari available today, at far below the current cost of the base car, restoration and conversion at $349,500.

Photograph of Front right viewPhotograph of Front viewPhotograph of Front left viewPhotograph of Rear right viewPhotograph of Rear viewPhotograph of Rear left viewPhotograph of Right side viewPhotograph of Left  side viewPhotograph of Fuel fillerPhotograph of Front left wheel detailPhotograph of Rear left wheel detailPhotograph of Rear right wheel detailPhotograph of Front right wheel detailPhotograph of Engine from left through plexiglass coverPhotograph of Engine from rightPhotograph of Engine from rear rightPhotograph of Engine from rearPhotograph of Engine from left detailPhotograph of Engine from rear detailPhotograph of Driver's door panelPhotograph of Interior overall from leftPhotograph of Interior from leftPhotograph of Driver's seatPhotograph of Steering wheel & gaugesPhotograph of DashboardPhotograph of ConsolePhotograph of Interior from rightPhotograph of Passenger's seatPhotograph of Passenger's door panelPhotograph of Front compartment from leftPhotograph of Front compartment from rightPhotograph of Right rear suspension detailPhotograph of Engine number stamping