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Previously Stolen/Buried 1974 Ferrari Dino 246 GTS

Posted:

February 26, 2025

A green 1974 Dino (Ferrari) 246 GTS arriving at and leaving the 2024 San Marino Motor Classic at Lacy Park. This car, chassis no. 07862, was purchased by its original owner as a birthday present for his wife. A couple months later in December 1974, after it had been driven for only around 500 miles, it was reported stolen after the couple's anniversary dinner at a Los Angeles restaurant. In February 1978, the car was unearthed after some boys digging outside a Los Angeles residence discovered it buried underground and notified authorities. It was later determined that the disappearance was part of an elaborate insurance scam in which hired thieves were tasked with dismantling the car and making it unrecoverable while its owner fabricated a story leading to its disappearance. The car, equipped with factory "chairs and flares" options (Campagnolo wheels, Daytona-style seats, and flared fenders), was purchased from Farmers Insurance by its current owner who had it professionally restored by Ferrari expert Giuseppe Cappalonga and fitted with the vanity plate "DUG UP".

I love cars with interesting stories, whether it's an extensive racing history, celebrity ownership, or being passed down for generations in a family. Well, this Dino's story is about as crazy as it gets. As if its unique color and coveted factory options aren't enough to start conversations, the clever license plate certainly arouses curiosity, and I'm sure questions about its meaning have led to many interesting storytelling sessions. It takes a truly dedicated enthusiast to purchase a car like this and have it brought back to life. The owner has claimed he would never sell it. Given its unparalleled history and all the work done to bring it to its current state, I certainly don't blame him!

Would you restore and drive a car with a history like this? Leave a comment on YouTube and let me know!

August 25, 2024

San Marino, CA

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