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.

To finish first, first, you must build a winner

Can-Am royalty
Only three M20s were built, including the car that was destroyed at Road Atlanta. This car was later rebuilt. All three cars were sold at the end of the 1972 season. One of the cars would score another Can-Am victory in 1974, driven by a privateer, but the M20’s day was done. Can-Am racing faded away at the end of that season and was replaced by Formula 5000.
These days the cars are valued in the millions. It was unlikely that I would ever have seen one in the flesh if it hadn’t been that one day my editor asked me if I would mind popping over to Taranaki and having a look at a pretty McLaren M20 that somebody had built in their shed.
That is how I came to be standing by the car owned and built by truck driver Leon Macdonald.

Lunch with … Roly Levis

Lunching was not allowed during Covid 19 Lockdowns so our correspondent recalled a lunch he had with legendary New Zealand racing driver Rollo Athol Levis shortly before he died on 1 October 2013 at the age of 88. Michael Clark caught up with Roly and members of his family over vegetable soup