Thursday, January 27, 2011

World's Rarest Automobile - Olds' F88

This is the car that in 1954 could have "killed" the Corvette.

So, Chevrolet, being GM's big sales and profit division, campaigned to GM to "kill" this car.

When Chevy was coming out with its 6-cyl. sports car with its 2-speed "powerglide" transmission and side curtains, here was a sports car from Olds' with a big old V-8 and power windows.

So, GM said "no" to Oldsmobile on building this car.

The world's rarest automobile : a 1954 Concept Oldsmobile Rocket F88 - the only one in existence.

John S. Hendricks (Discovery Communications founder), paid $3.24 million for this 1954 Motorama Dream Car, one of only two, or an unconfirmed three ever created.

After spending decades as a collection of parts stuffed into wooden crates, the F-88 was reassembled.

The F-88 seen here is literally the only car left of its kind and was sold to John and Maureen Hendricks at the prestigious Barrett-Jackson Auto Auction in Scotsdale, Arizona.

The acquisition made automotive history, and is in the cornerstone of the Gateway Colorado Automobile Museum.