Car collectors and auctioneers always tell me that vintage cars have two benefits: they’re great investments, and you can actually enjoy and drive them.
But driving your multi-million-dollar investments may not be such a great idea – as we’ve just learned.
Media reports say that American investor and millionaire Christopher Cox banged up his 1962 Ferrari GTO during a Ferrari rally in France last week. Apparently, Cox was hit from behind by another car while he was turning, forcing him into a crash that battered the car’s front end. (Cox and his wife, who was in the passenger seat, are now fine after being treated for injuries).