Michael Jordan’s Lost Ferrari Found After 15 Years in Garage

Michael Jordan’s Ferrari 512 TR has been found after 15 years, in a garage and unharmed by fire. It is undergoing restoration in Italy, expected to be valued close to $250,000. The current owner intends to keep the car despite its significant historical and financial importance.

Michael Jordan’s legendary Ferrari has been located after a long absence of more than a decade. The famed 1992 Ferrari 512 TR, associated with the Chicago Bulls icon, was recently discovered in a garage, where it narrowly escaped destruction from a fire. The significance of this car lies not only in its engineering prowess but also in its cultural connection to basketball history, as Jordan was photographed with it outside the Bulls’ arena prior to a pivotal playoff game in 1992.

Once owned by Jordan, the Ferrari was transferred to new ownership in 1995, ultimately falling into the hands of Chris Gardner, whose life story inspired the film “The Pursuit of Happyness.” After a stint at auction in 2010 where it fetched around $100,000, the car seemingly vanished from public sight. It was later revealed that the vehicle had been kept by a private collector who was battling cancer. Fortunately, that collector has overcome their illness and provided information about the car to the vintage supercar dealership, CURATED, which is now tasked with authenticating its history.

Current efforts indicate that a full restoration of the Ferrari is underway in Italy. Speculation suggests that once the work is completed, the vehicle could return to market with a price tag approaching $250,000. In another exciting turn, Jordan’s classic red 1992 Ferrari also remained intact during the devastating Los Angeles wildfires of 2024, highlighting this car’s survival amidst destruction. A clip showed a neighborhood nearly obliterated by flames, yet one house stood untouched, housing this iconic car.

Nevertheless, the current owner of Jordan’s red Ferrari has firmly stated that it is not for sale, expressing plans for restoration followed by a drive once it is all fixed up. The 1992 Ferrari 512 TR, with its powerful 4.9-liter flat-12 engine producing over 420 horsepower, can reach 0-60 mph in less than five seconds and top speeds over 190 mph. This enduring vehicle is not just a car; it symbolizes Jordan’s stature and legacy in sports history.

In summary, Michael Jordan’s iconic Ferrari 512 TR has re-emerged after being lost for 15 years, found in a garage unharmed from fire damage. Restoration efforts in Italy are underway, and while the car holds immense value both financially and culturally, the current owner has no plans to sell. Jordan’s vehicles continue to symbolize his legendary status in basketball, blending automotive history with sports folklore.

Original Source: www.the-sun.com