A take on perfection: Peter Giacobbi’s unbelievable home built Ferrari

21 July, 2015

As a child, Peter Giacobbi was an avid fan of motorsport who admired legendary drivers like Juan Manuel Fangio and Wolfgang von Trips. He also admired their weapons of choice, holding Ferrari’s beautiful 250 Testa Rossa above all others.

Image: Petrolicious

So when he found a handmade, all-aluminium Testa Rossa body in Italy, it didn’t take him long to arrive at an ultimate conclusion that would see him embark on one of the most memorable and emotional restorations we’ve ever seen.

“I looked at it, and I said ‘I have to do it,’” Peter says.

The team at Petrolicious met up with Peter and his car to produce this amazing video, titled Building a Dream.

Image: Petrolicious

Weighing in at 2300 pounds, or just over one tonne, Peter’s near-authentic creation makes use of a 4.4-litre engine from a Ferrari 365, capable of 400hp. While the engine may not be original, it has similar aesthetics to the original, and is faster.

Only when he was finally able to get behind the wheel of his own comparable beast was Peter able to fully comprehend the challenge his childhood heroes faced every time they got behind the wheel.

“I discovered it after driving it and racing it several times. They’re not only heroes — they’re supermen.”

“It’s the most fun and the most rewarding project that I’ve ever worked on. If somebody offered me a real one in exchange for it, I don’t think I would take it. Because this is what I want.”

Image: Petrolicious

This isn’t just a case of ‘built not bought’, this is a passion for cars and motoring at its most raw. Bravo, Peter.

A second dose of Dash

When the car arrived in Wellington in December 2018 it was duly taken along for entry certification. Vehicle Inspection NZ (VINZ) found some wrongly wired lamps and switches — not too bad — but, much more significantly, some poor welding repairs. As the structural problems were probed more thoroughly, we realized the previous owner’s restoration would not do and we needed an upgrade. Dash had made it into the country but it would take some time and money before he would be free to explore any of New Zealand’s scenic highways.
We took the car to our new home in Johnsonville in the northern suburbs of Wellington and I pored over the car in detail to figure out what was next. There were lots of new parts on the car and a very perky reconditioned drivetrain but the chassis needed serious work.

Lunch with… Jim Palmer

In the 1960s, Hamilton’s Jim Palmer won the prestigious ‘Gold Star’ four times and was the first resident New Zealander home in the New Zealand Grand Prix on five consecutive occasions. He shared the podium with Stirling Moss, Jack Brabham, Bruce McLaren, Graham Hill, Jim Clark, Denny Hulme, Jackie Stewart, and Chris Amon. The extent of his domination of the open-wheeler scene in New Zealand will probably never be matched or exceeded. Yet he’s always been modest about his achievements.