The people who own real period correct racecars are in a different income tax bracket than most of us.
I have a former employee whose sole employment is to crew for a vintage Ferrari racer. The guy owns about half a dozen Ferrari racecars, most with factory history, including a NART. And he races them. When you are worth $100 Million, have $25 million worth of toys car, you can afford to spend $200k to repair a car after a shunt.
Now not everyone vintage racing is like that. Some people owned the cars so long that a car worth $750k today was bought for $20k in 1980. That guy might be worth a couple million and willing to take his chances wrecking a $200k 1970 911s. Still gonna cost him $40-50k to fix it after a major shunt but he's had it so long he doesn't really weigh the risk versus cost because he's just been doing it so long.
|