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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.

Last Tango in the Fast Lane

30 April, 2026

In the mid ’80s, I locked into a serious Nissan/Datsun performance obsession. It could have kicked off with my ’82 Datsun Sunny, though this would have been a bit of a stretch of the imagination, given its normally aspirated 1.2-litre motor — not the sort of thing to unleash radical road warrior dreams. But it did plant a seed, and it was a sweet little machine and surprisingly quick, in contrast to all the diabolical English offerings I had endured.
I was living in South Auckland at the time and was an unrepentant petrolhead. Motor racing was my drug of choice, and I followed the scene slavishly. Saloon car racing, with the arrival of the international Group A formula, was having a serious renaissance here and in Australia and Europe. There was suddenly an exotic air in local racing that had been absent for 15 years.
I was transfixed by this new frontier of motor racing that had hit our tracks in 1985–87 and the new array of machinery on display. In 1986, the Nissan Skyline RS DR30 made a blinding impression on me. The Australian Fred Gibson-run, Peter Jackson-sponsored team of George Fury and Glenn Seton were the fastest crew of the 1986 Australian Touring Car Championship. But Kiwi legend Robbie Francevic snuck through to win the Aussie Championship in his Volvo 240T after a strong start and consistent finishes.

NZ Classic Car magazine, May/June 2026 issue 405, on sale now

26 April, 2026

Reincarnation of the snake
We are captivated by a top-quality sports car
The Shelby NZ build team at Matamata Panelworks has endured a long and challenging journey, culminating with the highly anticipated public unveiling of the 427SC and firing up of its sonorous V8 at the 2026 Ayrburn Classic Festival of Motoring in Queenstown on February 20. This is a New Zealand-built car with loads of character and potential.
The car is now back in Matamata, and I finally have an opportunity to get up close and personal with it. But before then, the question that must be asked is, “Why would ya?”
The first answer is easy, as mentioned in the last issue of New Zealand Classic Car (#404). It was a great way to use up all the surplus Mustang parts acquired while converting brand-new Mustangs into Shelbys. The unused new Mustang parts would be great in any kit car, but the 427SC in front of me cannot be classified as one.
This is not a kit car. The reality is that it is a high-quality, factory-made production car.
Possibly the second answer is because the CEO of Matamata Panelworks, Malcolm Sankey, wanted to build a replica of the car that is a distant relation to the Shelby Mustangs scattered around his showroom floor, a car created long before the first Mustang was even thought of, and the brainchild of Carroll Shelby back in the early ‘60s.