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I think with the deep pockets of today's vintage racers, at least the guys running at that level, any "repair" will essentially entail just building a whole new car. I think it's a lot like "remodeling" an old house, wherein the intent is really to completely replace it - if just one wall is left standing, it can be called a "remodel" and avoid all of the permitting and such for a new build. So, yeah, they'll keep the steering wheel or something and call it a "repair"...
I'm just glad the driver was alright. Vintage race cars come with vintage perils - I remember Mario Andretti once saying, when asked why he never got into the vintage racing scene, answered something like "are you kidding - you know how many of my friends died in those things? I was lucky to survive those cars once - why would I ever want to risk that again?"
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Jeff
'72 911T 3.0 MFI
'93 Ducati 900 Super Sport
"God invented whiskey so the Irish wouldn't rule the world"
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