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NY Post
New York Post
3 Feb 2024


NextImg:Collection of 22 ‘highly rare’ luxury cars, including  Porsches and Ferraris, found in old warehouse

Luxury car enthusiasts are abuzz over the remarkable discovery of 16 Ferraris and 6 Porches inside an old warehouse in Belgium.

The owner of the warehouse in Brussels found the 22-high end vehicles and contacted Oldtimerfam, a car collection organization, to have the cars evaluated.

“It was a load of highly rare Ferraris and Porsches,” classic car specialist Xavier Molenaar told Jam Press.

All of the cars were wrapped in car covers and appeared to be in fantastic shape, Molenaar said.

Among the treasure trove were a large number of Ferrari Testarossas, he noted. Testarossas were produced between 1984 and 1996, with used models selling online for as much as $180,000.

A yellow Ferrari F512M, of which there may be only 10 in the world, was found in the warehouse. Jam Press/@oldtimerfarmbv
The most common vehicle in the collections were Ferrari Testarossas. Jam Press/@oldtimerfarmbv
Several Porsche 911s were also in the warehouse. Jam Press/@oldtimerfarmbv
The cars were found covered in a warehouse in Brusells. Jam Press/@oldtimerfarmbv

The car specialist said different versions and colors of the vehicle were found, according to Oldtimerfam.

Some Porsche 911 cars were spotted in Turbo and “S” models — newer versions of which sell for up to $250,000.

Most of the vehicles in the warehouse were rare finds, Molenaar said.

“Although these models have disappeared from the streets and have been the subject of intense searches by collectors, they are occasionally encountered at a fair,” he said to Jam Press.

The rarest car in the collection was the Ferrari 365 GT4 BB — which were built in the 1970s. One model sold at Sotheby’s in 2022 for $276,000. Another rare find was a Ferrari 550 Maranello.

The warehouse also contained a Ferrari F512 M in yellow color — of which there are rumored to have only been 10 ever made, according to Molenaar.

“In this exceptional, unrestored condition, it is perhaps the only one in the world,” he said. 

All 22 vehicles were moved to Oldtimerfarm in Aalter, Belgium — where they will be fully restored and then put up for sale, according to Oldtimerfam.