1 00:00:02,480 --> 00:00:09,639 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. I'm Matt Miller and 2 00:00:09,680 --> 00:00:11,920 Speaker 1: I'm Hannah Elliott and this is Hot Pursuit. 3 00:00:19,360 --> 00:00:22,079 Speaker 2: All right, we have an awesome conversation for you today 4 00:00:22,600 --> 00:00:23,840 Speaker 2: about Rhodes Dollar. 5 00:00:24,440 --> 00:00:27,600 Speaker 1: See the top Porscha shop in the world. I'll just 6 00:00:27,640 --> 00:00:30,440 Speaker 1: say it, this is the shop where the Porsche family 7 00:00:31,120 --> 00:00:33,559 Speaker 1: brings their vehicles to be restored. 8 00:00:34,000 --> 00:00:35,919 Speaker 2: I will also mention before we get into it, I 9 00:00:35,920 --> 00:00:39,519 Speaker 2: want to mention our email address Hot Pursuits at Bloomberg 10 00:00:39,560 --> 00:00:42,760 Speaker 2: dot net, because we relish your emails and would love 11 00:00:42,800 --> 00:00:45,280 Speaker 2: to hear any questions or comments you have. And I 12 00:00:45,360 --> 00:00:47,960 Speaker 2: thought about it because I was thinking about Cam's Instagram, 13 00:00:49,159 --> 00:00:52,879 Speaker 2: which is Porscham alone, right, and I was following him 14 00:00:52,880 --> 00:00:56,560 Speaker 2: on Instagram long before I met him, and I was like, oh, 15 00:00:56,560 --> 00:01:00,480 Speaker 2: sweet dude, you'r Porscham alone dude. So all right, let's 16 00:01:00,480 --> 00:01:01,760 Speaker 2: get into it without any further ado. 17 00:01:02,120 --> 00:01:06,080 Speaker 1: So I'm so happy to have Cameron Ingram here today, 18 00:01:06,360 --> 00:01:09,760 Speaker 1: and it's really nice to see you. You know, Cam 19 00:01:09,920 --> 00:01:15,319 Speaker 1: is someone who I met probably eight years ago. We 20 00:01:15,959 --> 00:01:17,840 Speaker 1: uh were kind of in the same circles, but I 21 00:01:17,920 --> 00:01:22,560 Speaker 1: really became aware of you during Pebble Beach when multiple 22 00:01:22,800 --> 00:01:26,240 Speaker 1: of your cars won their class at Pebble Beach and 23 00:01:26,280 --> 00:01:28,520 Speaker 1: these are cars that have been restored by Rhodes Scholars, 24 00:01:28,520 --> 00:01:31,960 Speaker 1: the company that the restoration shop and that you run 25 00:01:32,640 --> 00:01:36,640 Speaker 1: in Durham, North Carolina. So, Cam, it's really nice to 26 00:01:36,680 --> 00:01:40,400 Speaker 1: have you on and I just want to start out 27 00:01:40,440 --> 00:01:44,440 Speaker 1: by saying, you know, tell us a little bit about 28 00:01:44,480 --> 00:01:47,240 Speaker 1: the shop for people who don't know. This is the 29 00:01:47,280 --> 00:01:50,680 Speaker 1: type of restoration shop that spends like five thousand hours 30 00:01:50,960 --> 00:01:55,840 Speaker 1: on a single car preparing it for a concore. So 31 00:01:55,960 --> 00:01:58,400 Speaker 1: can you kind of give us a background of how 32 00:01:58,440 --> 00:02:01,200 Speaker 1: you started Rhodes Scholars and what day to day life 33 00:02:01,240 --> 00:02:02,560 Speaker 1: looks like for you. 34 00:02:02,560 --> 00:02:08,000 Speaker 3: There Rhodes Scholars. We're a Porsche centric shop. We obviously 35 00:02:08,040 --> 00:02:11,600 Speaker 3: in the world of restorations, we performed concor restorations and 36 00:02:11,919 --> 00:02:14,320 Speaker 3: and and our world in our niche industry that gets 37 00:02:14,360 --> 00:02:18,960 Speaker 3: over used. Our typical restorations are you know, over three 38 00:02:19,040 --> 00:02:21,800 Speaker 3: thousand hours and you know that typically looks like two 39 00:02:21,840 --> 00:02:24,600 Speaker 3: and a half to three years on a project on 40 00:02:24,680 --> 00:02:28,160 Speaker 3: a single on a single project in one client. YEA, yeah, first, 41 00:02:28,320 --> 00:02:30,400 Speaker 3: a lot of hours. That's a lot a lot of 42 00:02:30,400 --> 00:02:33,799 Speaker 3: hours I'm saying it is. And you know, the restoration 43 00:02:33,840 --> 00:02:36,120 Speaker 3: world has changed. You know, when I first started competing 44 00:02:36,120 --> 00:02:39,280 Speaker 3: at Pebble Beach, that was still in an era and 45 00:02:39,320 --> 00:02:42,480 Speaker 3: this is again going to early two thousands, and Pebble 46 00:02:42,480 --> 00:02:46,720 Speaker 3: Beach was transitioning into authentic, rewarding authentic restoration work. 47 00:02:46,680 --> 00:02:50,120 Speaker 1: Rather than over restored correct. So it's beyond the point 48 00:02:50,360 --> 00:02:52,080 Speaker 1: that it ever was to begin with. 49 00:02:52,000 --> 00:02:54,680 Speaker 3: One hundred percent and and for decades, you know, it 50 00:02:54,720 --> 00:02:58,400 Speaker 3: became you know, and again we obviously special in portie 51 00:02:58,720 --> 00:03:01,880 Speaker 3: and our company is won there seven times, which is 52 00:03:02,080 --> 00:03:05,040 Speaker 3: unusual for a portrait to win best of Show or 53 00:03:05,200 --> 00:03:07,720 Speaker 3: i'm sorry, best of class there. It's very competitive. You're 54 00:03:07,760 --> 00:03:11,760 Speaker 3: going against you know, Ferrari Maserati, you know Aston Martin, 55 00:03:11,880 --> 00:03:16,359 Speaker 3: all these bespoke pieces made from some great coach makers. 56 00:03:17,240 --> 00:03:20,480 Speaker 3: But again we're focused on the nuances. Concord restoration, no 57 00:03:20,520 --> 00:03:23,200 Speaker 3: matter what mark, is focused on the nuances of how 58 00:03:23,240 --> 00:03:26,200 Speaker 3: that car was actually built in that time period, in 59 00:03:26,280 --> 00:03:29,520 Speaker 3: the different country that it was from, by the crafts people. 60 00:03:29,760 --> 00:03:33,200 Speaker 3: So we're really focused on recreating those imperfections of how 61 00:03:33,240 --> 00:03:37,120 Speaker 3: these cars were built in those times. And there's so 62 00:03:37,120 --> 00:03:40,840 Speaker 3: many other aspects, but quality restoration work is really focused 63 00:03:41,280 --> 00:03:45,800 Speaker 3: involves research. So so again we have eighteen people in 64 00:03:45,880 --> 00:03:50,000 Speaker 3: our team. We have seven projects at all times. We 65 00:03:50,080 --> 00:03:52,920 Speaker 3: typically finished two a year, and we have a three 66 00:03:53,000 --> 00:03:57,160 Speaker 3: year booked out three years and sadly, you know, one 67 00:03:57,160 --> 00:03:59,600 Speaker 3: of the things I've been trying to describe, or you know, 68 00:04:00,720 --> 00:04:02,880 Speaker 3: I do a lot of panel talks talking about how 69 00:04:02,880 --> 00:04:06,120 Speaker 3: our industry is shrinking and not growing even with all 70 00:04:06,120 --> 00:04:09,240 Speaker 3: these programs like the McPherson School in Kansas, that's a 71 00:04:09,240 --> 00:04:13,200 Speaker 3: great restoration program to develop talent, to develop talent and 72 00:04:13,400 --> 00:04:16,120 Speaker 3: do the trades. Yeah, and moreover, we just don't have 73 00:04:16,240 --> 00:04:19,440 Speaker 3: enough young shops, so you know, really talented shops. I mean, 74 00:04:19,440 --> 00:04:21,280 Speaker 3: of course there's a shop on every corner that can 75 00:04:21,320 --> 00:04:24,760 Speaker 3: do exhaust systems on your new GT three rs, but 76 00:04:24,800 --> 00:04:27,479 Speaker 3: there's not enough shops that are rebuilding webercarbs or full 77 00:04:27,520 --> 00:04:31,560 Speaker 3: engine rebuilds, and then coach work, metalwork, paint, body, all 78 00:04:31,600 --> 00:04:34,239 Speaker 3: that stuff. And then of course we have a sales 79 00:04:34,240 --> 00:04:38,599 Speaker 3: component to our business. We work for fourteen clients predominantly, 80 00:04:38,640 --> 00:04:40,679 Speaker 3: but we're open to public. We manage their car collection, 81 00:04:41,279 --> 00:04:44,760 Speaker 3: so everything from historical prepping their vehicles for historical racing 82 00:04:45,240 --> 00:04:47,880 Speaker 3: certainly go to Concourse, Pebble Beach and Midi Island or 83 00:04:47,920 --> 00:04:51,800 Speaker 3: real to est in Italy, and we're always trying to 84 00:04:51,800 --> 00:04:54,479 Speaker 3: build out their collections once they've developed an ethos or 85 00:04:54,560 --> 00:04:56,520 Speaker 3: theme to their collection, refining what that is. 86 00:04:56,880 --> 00:04:58,800 Speaker 1: And I think we can say this is public knowledge. 87 00:04:58,839 --> 00:05:04,360 Speaker 1: The Porsche family itself has used Rhodes scholars for significant restorations, 88 00:05:04,480 --> 00:05:07,119 Speaker 1: including I think was the first one, the gamund coop 89 00:05:07,480 --> 00:05:10,920 Speaker 1: in twenty eleven, that that won its class at Pebble Beach. Yes, 90 00:05:11,320 --> 00:05:14,279 Speaker 1: and that, yeah, and you would think the Porsche family 91 00:05:14,320 --> 00:05:17,200 Speaker 1: has all the resources to go anywhere in the world and. 92 00:05:17,160 --> 00:05:18,840 Speaker 2: They chose that built. 93 00:05:19,040 --> 00:05:19,240 Speaker 3: Yeah. 94 00:05:19,839 --> 00:05:22,279 Speaker 1: Yeah, it's quite a tribute and they continue to be 95 00:05:22,320 --> 00:05:22,760 Speaker 1: a client. 96 00:05:23,160 --> 00:05:25,279 Speaker 3: Yeah it is. It was probably were the one that 97 00:05:25,440 --> 00:05:28,640 Speaker 3: our greatest honor, and I guess feather in our cap 98 00:05:28,800 --> 00:05:32,080 Speaker 3: was to be asked by Hans Peter Porsche, the oldest 99 00:05:32,120 --> 00:05:37,280 Speaker 3: surviving son of Ferry Porsche, to restore the forty fifth 100 00:05:37,320 --> 00:05:40,000 Speaker 3: portion made out of those first fifty two production cars 101 00:05:40,200 --> 00:05:43,320 Speaker 3: so made in gamun To, Austria after the war. Were 102 00:05:43,360 --> 00:05:48,599 Speaker 3: these first fifty two production aluminum coops and cabs, and 103 00:05:48,640 --> 00:05:50,440 Speaker 3: they asked us to restore it and we did, and 104 00:05:50,440 --> 00:05:53,320 Speaker 3: that was our first win up Pebble Start in twenty 105 00:05:53,360 --> 00:05:56,039 Speaker 3: eleven and we've done work with them since then. 106 00:05:56,760 --> 00:06:00,400 Speaker 2: So Hannah wrote a great story about it and recommend 107 00:06:00,440 --> 00:06:02,800 Speaker 2: that any of our listeners go check. We'll link to 108 00:06:02,880 --> 00:06:06,560 Speaker 2: it on Bloomberg. On Bloomberg dot com. You also have 109 00:06:06,880 --> 00:06:11,640 Speaker 2: Jerry Seinfeld as a customer and Ralph Lauren, you know, 110 00:06:11,640 --> 00:06:13,919 Speaker 2: obviously two of the most famous collectors in the in 111 00:06:13,960 --> 00:06:18,880 Speaker 2: the country. But I wonder why it takes so long 112 00:06:19,400 --> 00:06:21,040 Speaker 2: to do this kind of work. I read in her 113 00:06:21,120 --> 00:06:26,480 Speaker 2: story that your paint guy spent eight hundred hours doing 114 00:06:26,600 --> 00:06:30,359 Speaker 2: a three fifty six America in I think it was 115 00:06:30,520 --> 00:06:34,000 Speaker 2: fire red. Yeah, what takes eight hundred hours? I mean, 116 00:06:34,040 --> 00:06:36,919 Speaker 2: I imagine when they first made that in gamund Austria, 117 00:06:36,960 --> 00:06:40,000 Speaker 2: it took them like, I'm not even not even eight hours, right. 118 00:06:40,720 --> 00:06:43,320 Speaker 3: So it's like the nuanced things of in the fine 119 00:06:43,360 --> 00:06:47,320 Speaker 3: art world of restoring or saving an original painting, right, 120 00:06:47,400 --> 00:06:50,599 Speaker 3: saving original lacker oil pigments. It's the same thing with 121 00:06:50,720 --> 00:06:54,479 Speaker 3: that specific car that Hannah covered in that story. The 122 00:06:54,520 --> 00:06:57,599 Speaker 3: America roadster, made in nineteen fifty two was Porscha's first 123 00:06:57,680 --> 00:06:59,840 Speaker 3: attempt to build a purpose built race car. They only 124 00:06:59,839 --> 00:07:02,880 Speaker 3: made seventeen of them, and the car that we're talking 125 00:07:02,920 --> 00:07:07,600 Speaker 3: about had completely original aluminum body. Now in the eighties 126 00:07:07,640 --> 00:07:10,440 Speaker 3: and nineteen nineties and early two thousands, the first thing 127 00:07:10,440 --> 00:07:12,600 Speaker 3: that would have done is like strip that car down, 128 00:07:13,160 --> 00:07:15,880 Speaker 3: and maybe they used a too aggressive of a media 129 00:07:15,880 --> 00:07:20,120 Speaker 3: blasting process and destroyed or damaged the aluminum original lubinum 130 00:07:20,160 --> 00:07:20,720 Speaker 3: even further. 131 00:07:20,800 --> 00:07:23,200 Speaker 1: Wow, So they didn't think to preserve it at that point. 132 00:07:23,440 --> 00:07:25,680 Speaker 3: A lot of times the stuff just got replaced. In 133 00:07:25,720 --> 00:07:28,800 Speaker 3: today's world, you know, when someone makes a decision to 134 00:07:29,040 --> 00:07:32,040 Speaker 3: restore a seven figure car to justify the cost of it, 135 00:07:32,440 --> 00:07:35,840 Speaker 3: you're looking to document every nuance, of every detail of 136 00:07:35,960 --> 00:07:38,160 Speaker 3: how original of that car is to protect the return 137 00:07:38,160 --> 00:07:42,160 Speaker 3: on investment, but also to justify the restoration. So again 138 00:07:42,200 --> 00:07:44,280 Speaker 3: it took all those that didn't take eight hundred hours 139 00:07:44,440 --> 00:07:47,080 Speaker 3: just for the the bodywork and the paint process. It 140 00:07:47,120 --> 00:07:50,800 Speaker 3: really was saving the original luminum because it had been 141 00:07:51,120 --> 00:07:54,160 Speaker 3: painted previously in Japan. Like this car had literally gone 142 00:07:54,200 --> 00:07:57,800 Speaker 3: through the global globe trotting of going to collectors and 143 00:07:58,280 --> 00:08:02,280 Speaker 3: downcycle economy and making the trip around the world, and 144 00:08:02,320 --> 00:08:04,760 Speaker 3: at some point it got painted in Japan and they 145 00:08:05,000 --> 00:08:08,840 Speaker 3: used an aggressive adhesive to remove the paint. So that 146 00:08:08,960 --> 00:08:11,800 Speaker 3: aluminum can only move so many more times. So that's 147 00:08:11,840 --> 00:08:14,600 Speaker 3: what we had to be careful in that particular project 148 00:08:14,640 --> 00:08:15,440 Speaker 3: and challenge. 149 00:08:15,920 --> 00:08:19,800 Speaker 2: That was cool. I think it was if I remember correctly, 150 00:08:19,880 --> 00:08:23,480 Speaker 2: it was a woman who was the first female to 151 00:08:23,520 --> 00:08:28,560 Speaker 2: receive a racing license, right, that had driven that that 152 00:08:28,760 --> 00:08:34,160 Speaker 2: roadster in some female racing cup. I think Josie von 153 00:08:34,240 --> 00:08:36,480 Speaker 2: Neumann is the name that's in my head. I don't know. 154 00:08:36,720 --> 00:08:37,959 Speaker 3: Yeah, great memory, is that right? 155 00:08:38,040 --> 00:08:39,560 Speaker 1: Yeah, that's very good, Matt. 156 00:08:39,679 --> 00:08:44,840 Speaker 3: Yeah, jose von Newman and her stepfather owned Competition Motors 157 00:08:44,960 --> 00:08:50,040 Speaker 3: in southern California, a very important dealer and distributor or 158 00:08:50,080 --> 00:08:53,280 Speaker 3: Portia and Ferrari. And she was so good that you know, 159 00:08:53,320 --> 00:08:57,280 Speaker 3: back then the races were segregated, women and men were separated, 160 00:08:57,320 --> 00:08:58,840 Speaker 3: and she was good enough to race with the men 161 00:08:58,960 --> 00:09:04,160 Speaker 3: and she often won impressive impressive figure. She never got married, 162 00:09:04,240 --> 00:09:06,760 Speaker 3: and she really talked about She would go in the 163 00:09:06,880 --> 00:09:09,200 Speaker 3: magazines and talk about how she cared more about having 164 00:09:09,240 --> 00:09:11,520 Speaker 3: cool cars in her garage rather than being married. 165 00:09:11,600 --> 00:09:14,120 Speaker 1: Sounds like a great lady. Yeah, yeah, no, can we 166 00:09:14,120 --> 00:09:16,240 Speaker 1: give a shit? Was it Danny one hundred who did 167 00:09:16,280 --> 00:09:19,320 Speaker 1: the paint job for this particular car that we're talking about. 168 00:09:19,320 --> 00:09:21,680 Speaker 1: We have to give him a shout out, Yes, yep, yeah, yeah, 169 00:09:21,840 --> 00:09:23,240 Speaker 1: and he's been with you for a long time. 170 00:09:23,320 --> 00:09:27,200 Speaker 3: Yes, he has over nine years now andah and you 171 00:09:27,240 --> 00:09:29,719 Speaker 3: know for a young guy under thirty years thirty three 172 00:09:29,800 --> 00:09:32,480 Speaker 3: years old now, but you know we were winning Pebble 173 00:09:32,480 --> 00:09:35,559 Speaker 3: Beach together when he was in his twenties and unbelievable. Yeah, yeah, 174 00:09:35,920 --> 00:09:36,520 Speaker 3: well that's I. 175 00:09:36,559 --> 00:09:39,120 Speaker 2: Mean, I want to I wanted to ask about that 176 00:09:39,200 --> 00:09:43,720 Speaker 2: because I've heard lately from so many business owners that 177 00:09:43,800 --> 00:09:47,160 Speaker 2: it's tough to find good talent, and I guess Danny 178 00:09:47,160 --> 00:09:48,720 Speaker 2: one hundred is one of the lucky. 179 00:09:49,080 --> 00:09:50,079 Speaker 1: He's a real one. 180 00:09:51,480 --> 00:09:53,760 Speaker 2: How And you talked about the McPherson school and all 181 00:09:53,760 --> 00:09:55,960 Speaker 2: these projects and say it's a bummer that the industry 182 00:09:56,000 --> 00:09:59,240 Speaker 2: is shrinking. Is it hard to find someone who's really 183 00:09:59,320 --> 00:10:05,880 Speaker 2: dedicated to this craft and you know, you know that 184 00:10:05,960 --> 00:10:08,080 Speaker 2: will stay at your shop for nine years. 185 00:10:09,800 --> 00:10:12,199 Speaker 3: I don't think it's really it's not just an industry 186 00:10:12,240 --> 00:10:14,400 Speaker 3: when I talk to other people in other industries, and 187 00:10:14,400 --> 00:10:16,400 Speaker 3: maybe you guys can jump in here in your own 188 00:10:16,600 --> 00:10:20,079 Speaker 3: field of expertise, but I think it's really finding people 189 00:10:20,120 --> 00:10:22,760 Speaker 3: that it's a lifestyle, right, Like if you're dedicated to 190 00:10:22,840 --> 00:10:25,840 Speaker 3: your craft and you're really passionate about something. It's not 191 00:10:25,920 --> 00:10:29,000 Speaker 3: just about success. It's about how much do you deeply 192 00:10:29,040 --> 00:10:31,240 Speaker 3: care about what you're going to invest in life and 193 00:10:31,480 --> 00:10:34,520 Speaker 3: as a skill set or in our particular world, it's 194 00:10:34,559 --> 00:10:37,760 Speaker 3: making things or fixing things or putting things together. So 195 00:10:38,080 --> 00:10:40,520 Speaker 3: it's again I say, the biggest challenge of our industry 196 00:10:41,160 --> 00:10:44,600 Speaker 3: is not just drafting talent, but having responsible business owners 197 00:10:44,600 --> 00:10:47,520 Speaker 3: that understand the floor. Like, you know, I can work 198 00:10:47,559 --> 00:10:50,000 Speaker 3: on the floor, but if I'm not a responsible business owner, 199 00:10:50,080 --> 00:10:54,760 Speaker 3: small business owner that understands dynamics of handling clients, handling 200 00:10:54,960 --> 00:10:58,360 Speaker 3: the books, all those things, that's what's shrinking, our shrinking 201 00:10:58,400 --> 00:11:01,640 Speaker 3: in our industry. We just don't have another really responsible 202 00:11:01,679 --> 00:11:05,240 Speaker 3: business owners that think about drafting talent. Like when we 203 00:11:05,320 --> 00:11:07,360 Speaker 3: first showed up at Pebble Beach and people are like, 204 00:11:07,520 --> 00:11:10,720 Speaker 3: who's a shop. They're from North Carolina, they're not from California. 205 00:11:10,760 --> 00:11:13,640 Speaker 3: Who is this twenty six year old guy with tattoos? 206 00:11:13,720 --> 00:11:15,839 Speaker 3: And of course we were a dressed up in suits, 207 00:11:15,880 --> 00:11:19,319 Speaker 3: booted and suited. But at that time, you know, there 208 00:11:19,320 --> 00:11:23,280 Speaker 3: weren't that many shops showing up with younger people, and 209 00:11:23,800 --> 00:11:26,000 Speaker 3: so we were ahead of the curve of drafting talent. 210 00:11:26,480 --> 00:11:30,439 Speaker 3: Looking in other places to draft talent and putting young 211 00:11:30,520 --> 00:11:33,840 Speaker 3: people in each of our verticals, business verticals of really 212 00:11:33,960 --> 00:11:37,200 Speaker 3: understanding that we're going to have to train and educate 213 00:11:37,320 --> 00:11:39,160 Speaker 3: and develop our own system. 214 00:11:40,000 --> 00:11:40,160 Speaker 1: You know. 215 00:11:40,200 --> 00:11:43,320 Speaker 3: And I think automotive shops, whether you're a vintage restoration 216 00:11:43,440 --> 00:11:47,600 Speaker 3: shop or even now like the Porsche dealers, so franchise 217 00:11:47,640 --> 00:11:50,600 Speaker 3: dealers have some to the you know, a lot of 218 00:11:50,600 --> 00:11:52,920 Speaker 3: them have been forced to buy or have to buy 219 00:11:52,960 --> 00:11:57,120 Speaker 3: a Porsche classic business vertical, and they are starting to 220 00:11:57,200 --> 00:11:59,400 Speaker 3: understand that it's a whole different business plan. It's a 221 00:11:59,400 --> 00:12:00,400 Speaker 3: whole different vertical. 222 00:12:00,600 --> 00:12:00,800 Speaker 1: Right. 223 00:12:01,559 --> 00:12:04,400 Speaker 3: It's one thing to do warranty cars, you know, new 224 00:12:04,480 --> 00:12:07,640 Speaker 3: nine niney two's, but to switch over to a vintage 225 00:12:07,760 --> 00:12:10,720 Speaker 3: not early nine eleven long hood or you're doing mechanical 226 00:12:10,720 --> 00:12:14,040 Speaker 3: fuel injection and trying to time the pump, it's beyond 227 00:12:14,080 --> 00:12:14,800 Speaker 3: their bandwidth. 228 00:12:15,760 --> 00:12:19,320 Speaker 1: Kim, how are you You mentioned that research is a 229 00:12:19,320 --> 00:12:23,439 Speaker 1: big part of the work. Actually, what are your sources 230 00:12:23,679 --> 00:12:27,439 Speaker 1: for finding out what a one of seventeen car made 231 00:12:27,480 --> 00:12:32,240 Speaker 1: in Germany seventy years ago had underneath the hood? I mean, 232 00:12:33,080 --> 00:12:35,080 Speaker 1: how are you This is not something you can really google? 233 00:12:35,480 --> 00:12:36,559 Speaker 3: Yeah, how are. 234 00:12:36,559 --> 00:12:38,080 Speaker 1: You discovering this? I mean, are you going to the 235 00:12:38,080 --> 00:12:40,040 Speaker 1: Porsche Archives and studt Guard every month? 236 00:12:40,920 --> 00:12:45,000 Speaker 3: Certainly, lots of trips, lots of time spent in stufguard 237 00:12:45,080 --> 00:12:48,800 Speaker 3: Zofenhausen and looking at other examples, Like out of the 238 00:12:48,880 --> 00:12:51,599 Speaker 3: seventeen cars made, I've looked at six. 239 00:12:51,400 --> 00:12:53,480 Speaker 1: Of them and spent a good percentage. 240 00:12:53,520 --> 00:12:56,360 Speaker 3: It's a good percentage. Yeah, And so it's always putting 241 00:12:56,360 --> 00:13:00,440 Speaker 3: your hands on other examples. And then photographs. There's a 242 00:13:00,440 --> 00:13:03,720 Speaker 3: lot of great archival like the REVS Institute in Naples, Florida. 243 00:13:04,559 --> 00:13:06,840 Speaker 3: They have probably one of the best archives in the 244 00:13:06,880 --> 00:13:10,319 Speaker 3: world of vintage photographs, and I've spent some time there 245 00:13:11,120 --> 00:13:14,360 Speaker 3: researching photographs and every nuanced thing. I mean, it's amazing 246 00:13:14,360 --> 00:13:15,960 Speaker 3: what you can learn from photographs. 247 00:13:17,240 --> 00:13:23,319 Speaker 1: Talk to us a little bit about counterfeits or because 248 00:13:23,360 --> 00:13:27,080 Speaker 1: this also seems like quite an area where if you've 249 00:13:27,120 --> 00:13:30,840 Speaker 1: seen six of seventeen built, for instance, you might be 250 00:13:30,880 --> 00:13:33,719 Speaker 1: able to now you can kind of look and see, oh, 251 00:13:33,760 --> 00:13:36,520 Speaker 1: this isn't exactly what it's being sold as. 252 00:13:36,920 --> 00:13:39,199 Speaker 2: I want to also point, just inject a stat I'm 253 00:13:39,200 --> 00:13:43,240 Speaker 2: pretty sure that six of those seventeen are gone now, 254 00:13:43,559 --> 00:13:44,719 Speaker 2: so you've seen more than that. 255 00:13:44,800 --> 00:13:45,560 Speaker 1: Yeah, good point. 256 00:13:45,679 --> 00:13:48,240 Speaker 2: Of all the three fifty six America Roasters. 257 00:13:48,320 --> 00:13:52,040 Speaker 1: So, and you know, how common is it for you 258 00:13:52,120 --> 00:13:57,320 Speaker 1: to see something that isn't quite what it's being represented as? 259 00:13:57,559 --> 00:14:00,040 Speaker 1: And I don't know is that a common thing? For 260 00:14:00,480 --> 00:14:03,200 Speaker 1: I know it must happen, it is, you know, And 261 00:14:03,240 --> 00:14:05,079 Speaker 1: how do you tell the client maybe that like. 262 00:14:05,080 --> 00:14:08,240 Speaker 3: Ooh yeah, you know, my job really on the sales 263 00:14:08,320 --> 00:14:12,800 Speaker 3: side and counseling people is I have the job of 264 00:14:12,840 --> 00:14:15,040 Speaker 3: telling people know, like they're always looking for me to 265 00:14:15,080 --> 00:14:17,600 Speaker 3: authenticate and say yes because they're ready to go. It's 266 00:14:17,679 --> 00:14:22,040 Speaker 3: ready for that gratification. And you know, it's relevant today. 267 00:14:22,080 --> 00:14:24,760 Speaker 3: And you know Ferrari F forties, that's like the Bell 268 00:14:24,840 --> 00:14:26,480 Speaker 3: welder car. It used to be the goal Wing three 269 00:14:26,520 --> 00:14:28,960 Speaker 3: hundred goal Wing. Now it's switched to F forty. Like 270 00:14:29,280 --> 00:14:31,280 Speaker 3: you can tell the health of the collector car market 271 00:14:31,320 --> 00:14:34,920 Speaker 3: based on that forty prices. And you know, in my world, 272 00:14:35,040 --> 00:14:37,200 Speaker 3: I mean America Roadsters, they made seventeen of them. They're 273 00:14:37,200 --> 00:14:40,280 Speaker 3: pretty well. I mean, they're well documented. But when you 274 00:14:40,320 --> 00:14:43,000 Speaker 3: start to get into production numbers of over like three hundred, 275 00:14:43,040 --> 00:14:46,560 Speaker 3: four hundred cars, then it becomes someone like myself that 276 00:14:46,680 --> 00:14:49,560 Speaker 3: has a lot of subject matter knowledge coming in and 277 00:14:49,600 --> 00:14:54,240 Speaker 3: saying yes, this resonates as authentic beyond chassis numbers and 278 00:14:54,440 --> 00:14:57,280 Speaker 3: right and you know, punch numbers, but it comes down 279 00:14:57,320 --> 00:14:59,600 Speaker 3: to details of what kind of welding was the factory 280 00:14:59,640 --> 00:15:01,640 Speaker 3: doing and really doing that or you know. 281 00:15:01,720 --> 00:15:06,080 Speaker 1: For literally for insance, the brush of the world, the stroke, 282 00:15:06,160 --> 00:15:09,920 Speaker 1: whatever the technical term is inside the vehicle and see 283 00:15:09,960 --> 00:15:10,560 Speaker 1: if it's similar. 284 00:15:10,760 --> 00:15:12,600 Speaker 3: And now, you know, when we start to get over 285 00:15:12,720 --> 00:15:15,520 Speaker 3: you know, a ten million dollar investment, that's when you 286 00:15:15,800 --> 00:15:18,200 Speaker 3: and and that kind of complicated deal. That's when you're 287 00:15:18,240 --> 00:15:20,000 Speaker 3: doing you know, you're drilling out some of the sheet 288 00:15:20,040 --> 00:15:24,080 Speaker 3: melt metal and sitting it off to validate is this 289 00:15:24,200 --> 00:15:29,240 Speaker 3: actually you know, sheet metal from the time period carbon dating. 290 00:15:29,160 --> 00:15:31,800 Speaker 1: Carbon datasically. Yeah, I mean it's kind of forensic in 291 00:15:31,840 --> 00:15:32,360 Speaker 1: a way. 292 00:15:32,440 --> 00:15:36,160 Speaker 3: It is. You know, you know, the collector car industry 293 00:15:36,320 --> 00:15:39,400 Speaker 3: is a billion dollar global industry. And like when you 294 00:15:39,440 --> 00:15:41,960 Speaker 3: talk about the numbers, like you know, I read your 295 00:15:41,960 --> 00:15:46,120 Speaker 3: great review from the Monterey and from those five auctions 296 00:15:46,160 --> 00:15:48,240 Speaker 3: it was down three percent. But if you think about 297 00:15:48,280 --> 00:15:51,360 Speaker 3: those five auctions had a net sale three hundred and 298 00:15:51,400 --> 00:15:56,560 Speaker 3: ninety million dollars in one week in this current economic environment, right, 299 00:15:57,440 --> 00:16:00,120 Speaker 3: that's a lot of money. Yeah, So you know, the 300 00:16:00,360 --> 00:16:03,400 Speaker 3: the smart. I always say there's three seeds in the 301 00:16:03,440 --> 00:16:06,480 Speaker 3: collector car world. Like folks come in and they start 302 00:16:06,480 --> 00:16:09,760 Speaker 3: off as consumers, then they transition to collectors after they 303 00:16:09,800 --> 00:16:13,000 Speaker 3: make enough, make make enough mistakes, and then ultimately they 304 00:16:13,000 --> 00:16:13,920 Speaker 3: become a connoisseur. 305 00:16:15,160 --> 00:16:17,280 Speaker 1: And it's not the three seas of diamonds. I know, 306 00:16:17,960 --> 00:16:19,120 Speaker 1: it's a different three seas. 307 00:16:19,160 --> 00:16:20,840 Speaker 2: One of the three seeds of diamonds. 308 00:16:20,760 --> 00:16:26,800 Speaker 1: Cut, clarity, and color. Every lady knows. 309 00:16:26,840 --> 00:16:29,280 Speaker 3: Speaking of which, did mag Pike give you an impressive ring? 310 00:16:29,360 --> 00:16:29,600 Speaker 2: Is it? 311 00:16:29,600 --> 00:16:31,760 Speaker 3: Has you got a big rock on your No? 312 00:16:31,760 --> 00:16:34,720 Speaker 1: No, this is this is the this is the one 313 00:16:34,760 --> 00:16:37,840 Speaker 1: in question. This is the one that matters alone from 314 00:16:37,840 --> 00:16:39,080 Speaker 1: a friend's awesome. 315 00:16:39,520 --> 00:16:42,680 Speaker 3: That's awesome. So I mean that's really so that's really 316 00:16:42,720 --> 00:16:46,280 Speaker 3: that again, Yes, to be honest, I could make a 317 00:16:46,320 --> 00:16:49,720 Speaker 3: living just doing pre purchase inspections rather than interesting. 318 00:16:49,920 --> 00:16:53,040 Speaker 2: Yeah yeah, yeah, that that is interesting. 319 00:16:53,200 --> 00:16:56,520 Speaker 1: So how do you break the news to someone that hey, uh, 320 00:16:56,720 --> 00:16:59,520 Speaker 1: we got a problem. What's your method? 321 00:16:59,560 --> 00:17:02,040 Speaker 3: Just straight It's just straightforward, you know, like you know, 322 00:17:02,720 --> 00:17:05,040 Speaker 3: you know, everyone we work with has done well in 323 00:17:05,080 --> 00:17:08,600 Speaker 3: life and they can take serious and bad news upfront 324 00:17:08,720 --> 00:17:10,600 Speaker 3: or like you know, just get straight to the point. 325 00:17:10,800 --> 00:17:14,000 Speaker 3: Time is money, and time is valuable. So I'm always 326 00:17:14,000 --> 00:17:16,479 Speaker 3: straightforward with my clients and people that have hired me 327 00:17:16,520 --> 00:17:19,959 Speaker 3: to do a job. I just you know, usually an 328 00:17:20,040 --> 00:17:22,440 Speaker 3: inspection process can take up to three days. I've spent 329 00:17:22,520 --> 00:17:25,000 Speaker 3: three days to almost disassembling that whole. 330 00:17:24,720 --> 00:17:27,639 Speaker 1: Car, and now you've gone all over Europe doing this 331 00:17:27,680 --> 00:17:28,160 Speaker 1: type of thing. 332 00:17:29,080 --> 00:17:30,800 Speaker 3: Nett and I were just talking to my girlfriends with me, 333 00:17:31,320 --> 00:17:33,600 Speaker 3: and I was just talking about how during COVID I 334 00:17:33,760 --> 00:17:36,120 Speaker 3: was living in Europe. There were so many deals happening, 335 00:17:36,840 --> 00:17:40,200 Speaker 3: and twenty twenty and twenty one I basically was living 336 00:17:40,200 --> 00:17:42,439 Speaker 3: in Europe and that was a very peculiar time. 337 00:17:43,040 --> 00:17:46,399 Speaker 2: Yeah. By the way, I want to get to the 338 00:17:46,480 --> 00:17:50,400 Speaker 2: coolest cars that you have worked on or driven, your 339 00:17:50,440 --> 00:17:53,240 Speaker 2: favorites and that fun car stuff. But you made a 340 00:17:53,280 --> 00:17:58,880 Speaker 2: comment earlier that awakened my Bloomberg senses, which is in 341 00:17:58,920 --> 00:18:04,959 Speaker 2: this economy. Yeah, we've heard from so many business leaders 342 00:18:05,000 --> 00:18:09,240 Speaker 2: and economists that we may be in a rolling recession 343 00:18:09,400 --> 00:18:12,760 Speaker 2: or different businesses are experiencing this economy differently. Certainly different 344 00:18:12,760 --> 00:18:16,480 Speaker 2: consumers are. What is your impression of this economy right now? 345 00:18:17,600 --> 00:18:20,560 Speaker 3: Well, I can only speak from a car perspective, obviously, 346 00:18:21,760 --> 00:18:27,320 Speaker 3: It's interesting there's been so much conjecture about demographic changes 347 00:18:27,720 --> 00:18:30,720 Speaker 3: in the collector car world. So maybe the transition transition 348 00:18:30,800 --> 00:18:33,679 Speaker 3: of baby boomers to Generation X and millennials and what 349 00:18:33,720 --> 00:18:36,439 Speaker 3: their interest is. And we see the waning you know, 350 00:18:37,640 --> 00:18:40,800 Speaker 3: fifty twenty million dollars ferraris that from the nineteen fifties 351 00:18:40,800 --> 00:18:44,720 Speaker 3: and sixties that used to be the Picasso's other Ferrari world. 352 00:18:44,960 --> 00:18:47,080 Speaker 3: They just weren't selling. They weren't bringing the big money 353 00:18:47,119 --> 00:18:50,080 Speaker 3: that they have traditionally. I think it's more nuanced than that. 354 00:18:50,920 --> 00:18:53,480 Speaker 3: I think obviously the environment we're in within election year 355 00:18:53,600 --> 00:18:56,640 Speaker 3: interest rates, and I also think we just still have 356 00:18:56,760 --> 00:18:59,399 Speaker 3: in the collector car world the COVID hangover is what 357 00:18:59,440 --> 00:19:02,240 Speaker 3: I call it. Everyone went out with the threat of 358 00:19:02,280 --> 00:19:06,240 Speaker 3: mortality and just they just bought yeah Yolo, and you 359 00:19:06,320 --> 00:19:09,440 Speaker 3: had every article and every media saying air cool porsches 360 00:19:09,440 --> 00:19:13,840 Speaker 3: are better than gold, like great tangible alternative assets. And 361 00:19:14,359 --> 00:19:16,240 Speaker 3: I just think we have a kickback of that a 362 00:19:16,280 --> 00:19:18,800 Speaker 3: little bit. I think we've seen the market, at least 363 00:19:18,800 --> 00:19:21,399 Speaker 3: in the portion market in my opinions, draw back twenty percent. 364 00:19:23,320 --> 00:19:25,520 Speaker 3: And now you see you bring a trailer, it's easy 365 00:19:25,520 --> 00:19:27,600 Speaker 3: to log on, bring a trailer and see things happening 366 00:19:27,680 --> 00:19:30,760 Speaker 3: every day there real live auction prices. But I think 367 00:19:32,320 --> 00:19:35,560 Speaker 3: my perception is like it's a great time for buying 368 00:19:37,119 --> 00:19:40,399 Speaker 3: because things are low, things are low, and. 369 00:19:41,280 --> 00:19:44,480 Speaker 2: People really I guess at your end of the spectrum, 370 00:19:44,520 --> 00:19:46,880 Speaker 2: things are low, right, because I'm looking all the time 371 00:19:46,920 --> 00:19:48,879 Speaker 2: at bring a trailer, but are in the kind of 372 00:19:48,920 --> 00:19:52,080 Speaker 2: fifty to sixty thousand dollars market not. 373 00:19:52,160 --> 00:19:55,280 Speaker 1: The thing is is that specifically what you're talking about, you. 374 00:19:56,800 --> 00:19:59,359 Speaker 3: Can't really you can't really, I guess I'm generalizing here, 375 00:19:59,400 --> 00:20:01,280 Speaker 3: but if you look at certain markets like the G 376 00:20:01,480 --> 00:20:04,840 Speaker 3: body Porsche world on, bring a trailer is beyond smoking hot, 377 00:20:05,080 --> 00:20:09,200 Speaker 3: like it's amazing to me, like a nineteen eighty eight, 378 00:20:09,359 --> 00:20:11,879 Speaker 3: like a G fifty car, or a nine to fifteen 379 00:20:11,960 --> 00:20:15,280 Speaker 3: like an SC I mean, I remember now I sound 380 00:20:15,359 --> 00:20:17,399 Speaker 3: like all my mentors, but you know, when I got 381 00:20:17,440 --> 00:20:19,560 Speaker 3: in the business twenty five years ago, like you could 382 00:20:19,560 --> 00:20:22,560 Speaker 3: buy those cars for ten thousand, fifteen thousand dollars, and 383 00:20:22,600 --> 00:20:26,800 Speaker 3: now all day long, you know cars that need a 384 00:20:26,800 --> 00:20:29,440 Speaker 3: lot of workers selling for fifty thousand dollars and nice 385 00:20:29,480 --> 00:20:31,400 Speaker 3: examples are easily six figures. 386 00:20:31,880 --> 00:20:33,920 Speaker 1: Well, the right, they're the right era, aren't they the 387 00:20:33,960 --> 00:20:36,040 Speaker 1: right era eights and newer. 388 00:20:35,840 --> 00:20:39,000 Speaker 3: Yeah, yeah, so, and they're enjoyable cars, you know, I 389 00:20:39,000 --> 00:20:40,560 Speaker 3: think at the end of day, like I just had 390 00:20:40,640 --> 00:20:43,600 Speaker 3: two gentlemen come in yesterday and they drove an eighty 391 00:20:43,600 --> 00:20:47,600 Speaker 3: four Targa and really nice car, fifty thousand miles on it, 392 00:20:48,000 --> 00:20:50,920 Speaker 3: and they were like wow because they owned GT three 393 00:20:51,240 --> 00:20:53,480 Speaker 3: RS things and they were like, Oh, this is so 394 00:20:53,560 --> 00:20:56,200 Speaker 3: much fun, Like this is digestible speed, like fun to 395 00:20:56,280 --> 00:20:58,879 Speaker 3: drive on normal roads. I was like, yeah, going slow 396 00:20:59,560 --> 00:21:02,360 Speaker 3: going and a slow cars all that is what it's 397 00:21:02,400 --> 00:21:03,119 Speaker 3: all about. 398 00:21:03,400 --> 00:21:06,120 Speaker 1: I think that's so interesting because we should also say 399 00:21:06,160 --> 00:21:10,960 Speaker 1: that the Ingram Collection is your family's very well regarded 400 00:21:11,000 --> 00:21:14,400 Speaker 1: and very thorough collection of all different kinds of Porsches. 401 00:21:15,240 --> 00:21:18,639 Speaker 1: So you really do have at your disposal modern Porsches 402 00:21:18,720 --> 00:21:22,680 Speaker 1: and older. Can you give us a sense of why 403 00:21:22,920 --> 00:21:27,520 Speaker 1: people love the old stuff? And you know, what do 404 00:21:27,520 --> 00:21:31,640 Speaker 1: you see in the Is there a car that's modern, 405 00:21:31,880 --> 00:21:34,199 Speaker 1: like a new portion. We should also talk about your 406 00:21:34,280 --> 00:21:36,040 Speaker 1: racing up Pike's Peak, so we know you drive the 407 00:21:36,080 --> 00:21:38,760 Speaker 1: new stuff too, and you're a very accomplished, successful driver. 408 00:21:39,240 --> 00:21:40,919 Speaker 1: So can you talk to us a little bit about 409 00:21:41,520 --> 00:21:44,840 Speaker 1: I guess just the things that you love about buying. 410 00:21:45,200 --> 00:21:48,280 Speaker 1: We're driving new Porsches versus the old things. 411 00:21:48,840 --> 00:21:51,359 Speaker 3: I mean, the new Porsche products are amazing, just like 412 00:21:51,400 --> 00:21:55,199 Speaker 3: the new Ferri Projects products. I mean, it invokes a 413 00:21:55,240 --> 00:21:58,639 Speaker 3: response the sound engine sounds. But you know, particularly porschep 414 00:21:59,040 --> 00:22:01,280 Speaker 3: just because we do buy the new stuff. It's an 415 00:22:01,280 --> 00:22:05,000 Speaker 3: amazing They really shine on the track. You know, whether 416 00:22:05,000 --> 00:22:08,040 Speaker 3: you're buying a GT three or GTS, even a new 417 00:22:08,119 --> 00:22:11,800 Speaker 3: nine nine to two career s model is incredible. Like 418 00:22:11,840 --> 00:22:14,600 Speaker 3: I would implore anyone listening to go to the Porsche 419 00:22:14,720 --> 00:22:18,280 Speaker 3: driving school in Birmingham, Alabama. It's a great experience and 420 00:22:18,320 --> 00:22:21,760 Speaker 3: you'll be pleasantly surprised how good just the base model is. 421 00:22:22,600 --> 00:22:25,280 Speaker 3: I think the thing about new products is that it 422 00:22:25,320 --> 00:22:28,280 Speaker 3: offers a gateway drug. It's a rabbit hole, you know. 423 00:22:28,720 --> 00:22:31,240 Speaker 3: I make the analogy of like, you know, it's great 424 00:22:31,240 --> 00:22:33,480 Speaker 3: to have an eye watch. You know, it does everything 425 00:22:33,480 --> 00:22:35,560 Speaker 3: you need to do every day, but eventually you end 426 00:22:35,640 --> 00:22:39,600 Speaker 3: up to the vintage you know, manual watch, a mechanical watch. 427 00:22:40,000 --> 00:22:44,440 Speaker 3: You know, just the romanticism of smells and feeling every 428 00:22:44,520 --> 00:22:47,000 Speaker 3: aspect of the driving experience in the seat of your pants, 429 00:22:47,000 --> 00:22:49,800 Speaker 3: and there's no driving aids. I think as I see 430 00:22:49,920 --> 00:22:52,000 Speaker 3: guys come in that are my age group that are 431 00:22:52,640 --> 00:22:55,560 Speaker 3: in their buying power. Somebody that's forty eight years old, 432 00:22:55,640 --> 00:22:58,120 Speaker 3: that has done well and at a point where they 433 00:22:58,200 --> 00:23:01,159 Speaker 3: own new Porsche products. It's amazing to me. They go, 434 00:23:01,280 --> 00:23:03,120 Speaker 3: I've never driven a nine ninety three. You know, that's 435 00:23:03,160 --> 00:23:07,440 Speaker 3: such a vintage Porsche. I mean we're talking like nineteen 436 00:23:07,520 --> 00:23:08,040 Speaker 3: ninety five. 437 00:23:08,080 --> 00:23:09,639 Speaker 1: And I'm like, that's what are you calling me? 438 00:23:09,960 --> 00:23:10,200 Speaker 2: Yeah? 439 00:23:10,240 --> 00:23:12,840 Speaker 3: Correct, I say, it's your you know, graduate high school 440 00:23:12,840 --> 00:23:13,480 Speaker 3: in ninety six. 441 00:23:15,800 --> 00:23:17,600 Speaker 1: But perspective, perspective. 442 00:23:17,720 --> 00:23:22,359 Speaker 3: So again, I think all these brands, you know, Porsche, Ferrari, 443 00:23:22,440 --> 00:23:26,200 Speaker 3: that have strong market brands because they're making new products. 444 00:23:26,240 --> 00:23:30,720 Speaker 3: It just creates a new generation of enthusiasts that you know, 445 00:23:30,720 --> 00:23:34,280 Speaker 3: if they go down that rabbit hole, they eventually become collectors. Interesting, 446 00:23:34,359 --> 00:23:36,320 Speaker 3: you can feel that, you know, unlike a lot of 447 00:23:36,320 --> 00:23:41,320 Speaker 3: other brands, Porsche has seventy years of continuity of design aspect. 448 00:23:41,400 --> 00:23:43,520 Speaker 3: If you think of about nineteen forty eight when they 449 00:23:43,520 --> 00:23:46,720 Speaker 3: come out with the Gomonkoup, that greenhouse, that shape the 450 00:23:46,720 --> 00:23:50,080 Speaker 3: engine behind the rear transaxle hasn't changed from the new 451 00:23:50,119 --> 00:23:53,440 Speaker 3: brand new twenty twenty four to twenty five nine eleven 452 00:23:53,560 --> 00:23:54,080 Speaker 3: nine ninety two. 453 00:23:54,240 --> 00:23:56,360 Speaker 1: That's remarkable. I think that is really remarkable. 454 00:23:56,359 --> 00:23:58,960 Speaker 2: Do you ever say to I mean, I imagine you 455 00:23:59,000 --> 00:24:01,680 Speaker 2: guys all so, do you have dealerships? Also? Do you 456 00:24:01,720 --> 00:24:02,439 Speaker 2: sell new cars? 457 00:24:02,800 --> 00:24:04,160 Speaker 3: No, we don't sell new cars. No. 458 00:24:04,240 --> 00:24:06,600 Speaker 2: But but do you ever say to somebody who's looking 459 00:24:07,800 --> 00:24:11,480 Speaker 2: at say like an ST you know, or a GT 460 00:24:11,640 --> 00:24:15,680 Speaker 2: three you know, or even a career a S Like, dude, 461 00:24:15,760 --> 00:24:21,720 Speaker 2: you can get a much more interesting and enjoyable road 462 00:24:21,800 --> 00:24:26,040 Speaker 2: car for so much less and stay in the in 463 00:24:26,080 --> 00:24:28,919 Speaker 2: the pea car family. Like, do you ever steer somebody 464 00:24:28,960 --> 00:24:32,520 Speaker 2: away from a nine to nine to two purchase back 465 00:24:32,560 --> 00:24:33,840 Speaker 2: towards like a nine six four? 466 00:24:34,080 --> 00:24:37,639 Speaker 3: Or I mean I have this conversation daily weekly, you know, 467 00:24:37,760 --> 00:24:40,000 Speaker 3: I mean the st craze where people are willing to 468 00:24:40,000 --> 00:24:43,000 Speaker 3: give their youngest born to do a dealership to be 469 00:24:43,040 --> 00:24:46,679 Speaker 3: able to order one. It's amazing, Like, but you know, 470 00:24:46,720 --> 00:24:49,080 Speaker 3: that's how good the products are. I think the thing 471 00:24:49,160 --> 00:24:51,560 Speaker 3: that is a little annoying in the craze of the 472 00:24:51,560 --> 00:24:54,800 Speaker 3: modern world we live in is I walk into a 473 00:24:54,840 --> 00:24:58,400 Speaker 3: collection of someone I've just met, you know, just meaning 474 00:24:58,400 --> 00:24:59,840 Speaker 3: for the first time, and I walk in and they 475 00:25:00,000 --> 00:25:02,560 Speaker 3: I can't tell you how many collections have every g 476 00:25:02,680 --> 00:25:05,600 Speaker 3: T three rs mate starting like a nine nine six 477 00:25:05,680 --> 00:25:08,480 Speaker 3: generation like two thousand and four nin nine six GT three, 478 00:25:08,960 --> 00:25:10,959 Speaker 3: and then they go nine ninety seven and then nine 479 00:25:11,040 --> 00:25:14,639 Speaker 3: nine to one and they have like different colors and 480 00:25:14,760 --> 00:25:15,600 Speaker 3: different options. 481 00:25:15,640 --> 00:25:16,840 Speaker 2: And I do not understand. 482 00:25:16,840 --> 00:25:17,199 Speaker 3: I don't know. 483 00:25:17,240 --> 00:25:18,800 Speaker 2: I know a couple of guys who have that too, 484 00:25:18,880 --> 00:25:21,879 Speaker 2: and I'm thinking, why, Yeah, what's the difference between like 485 00:25:22,000 --> 00:25:24,560 Speaker 2: a nine nine seven GT three and a nine to 486 00:25:24,600 --> 00:25:26,720 Speaker 2: nine to one point two GT three? Y who cares? 487 00:25:26,760 --> 00:25:29,560 Speaker 3: But it's a psychology of collecting, right, Like, it's just 488 00:25:29,680 --> 00:25:33,280 Speaker 3: that having that every from A to B, you know, 489 00:25:33,400 --> 00:25:36,080 Speaker 3: A two C I should say, of every model. But 490 00:25:36,840 --> 00:25:39,760 Speaker 3: again that's the power of Portie because it's what's so beauty. 491 00:25:40,480 --> 00:25:42,840 Speaker 3: Having done this a while, I remember like three fifty 492 00:25:42,840 --> 00:25:44,920 Speaker 3: six guys one talk to nine to eleven guys and 493 00:25:45,040 --> 00:25:47,760 Speaker 3: nine fourteen guys were a tribe of their own, and 494 00:25:47,760 --> 00:25:51,120 Speaker 3: then you had the front transacts are yeah correct, let's 495 00:25:51,160 --> 00:25:53,040 Speaker 3: be honest, yeah, and then you have the front transaxle 496 00:25:53,040 --> 00:25:57,280 Speaker 3: guys nine four nine sixty eight and you know, but 497 00:25:57,400 --> 00:26:01,359 Speaker 3: you know Portia. Now social media is changed everything. I 498 00:26:01,400 --> 00:26:03,560 Speaker 3: mean if you think about the power, I mean, look 499 00:26:03,600 --> 00:26:07,400 Speaker 3: what Magnus has done, you know, Hannah significant other partner 500 00:26:07,840 --> 00:26:10,679 Speaker 3: husband now, but you know, the Urban and Outlaw kind 501 00:26:10,720 --> 00:26:13,800 Speaker 3: of changed the game because all of a sudden, cars 502 00:26:13,800 --> 00:26:16,159 Speaker 3: and coffee and modifying your nine to eleven. I like 503 00:26:16,200 --> 00:26:18,639 Speaker 3: he's one of the healthiest things for the industry because 504 00:26:18,680 --> 00:26:21,359 Speaker 3: it showed that you could modify your portia and that 505 00:26:21,440 --> 00:26:24,439 Speaker 3: used to be sacrilege, you know, even though people did 506 00:26:24,480 --> 00:26:28,160 Speaker 3: it in period. He made it kind of mass acceptable 507 00:26:28,359 --> 00:26:30,840 Speaker 3: if you will, to like modify your portion and actually 508 00:26:30,960 --> 00:26:31,440 Speaker 3: enjoy it. 509 00:26:31,920 --> 00:26:34,920 Speaker 2: So I feel for those listeners who aren't aware we're 510 00:26:34,920 --> 00:26:37,520 Speaker 2: talking about Magnus Walker. I think we always mentioned Magnets 511 00:26:37,520 --> 00:26:40,719 Speaker 2: as as if everyone in the world knows who he is, right, 512 00:26:40,880 --> 00:26:44,399 Speaker 2: and you know, certainly we do, but he There's a 513 00:26:44,440 --> 00:26:47,560 Speaker 2: documentary made about Magnus called Urban Outlaw way back in 514 00:26:47,560 --> 00:26:52,480 Speaker 2: the day, and it's definitely worth the watch. And the 515 00:26:52,520 --> 00:26:54,399 Speaker 2: cool thing I think that Magnus has done is showed 516 00:26:54,400 --> 00:26:56,639 Speaker 2: that you also don't have to spend five hundred thousand 517 00:26:56,640 --> 00:27:00,000 Speaker 2: dollars to modify your portsie. You cannot do it yourself. 518 00:27:00,200 --> 00:27:00,840 Speaker 3: That's it, right. 519 00:27:01,119 --> 00:27:03,280 Speaker 1: I think we should say too, and I don't can't. 520 00:27:03,400 --> 00:27:05,360 Speaker 1: Cam probably wouldn't say this so I'll say it for him. 521 00:27:05,400 --> 00:27:09,800 Speaker 1: He drove, came in GT four club Sport to victory, 522 00:27:10,320 --> 00:27:14,399 Speaker 1: to the to the winner's podium on Pike's Peak. And again, 523 00:27:14,480 --> 00:27:16,800 Speaker 1: that is a car that I know, Matt, we've spoken about. 524 00:27:16,880 --> 00:27:20,000 Speaker 2: Yes, now we're talking about Magnets. Didn't win at Pike's Peak. 525 00:27:20,119 --> 00:27:23,240 Speaker 1: No, No, sorry did I say Magnus. He drove, And 526 00:27:23,440 --> 00:27:27,040 Speaker 1: I'm sorry I'm talking about Cam But to your point, again, 527 00:27:27,359 --> 00:27:30,320 Speaker 1: people don't think about the seven eighteen as being a 528 00:27:30,400 --> 00:27:34,280 Speaker 1: top of the hill car or you know, unless you know, 529 00:27:34,800 --> 00:27:38,160 Speaker 1: and if you know, you know that that is an amazing, 530 00:27:38,280 --> 00:27:38,960 Speaker 1: amazing car. 531 00:27:39,040 --> 00:27:41,080 Speaker 2: Yeah, give us your thoughts on that, because it's true. 532 00:27:42,440 --> 00:27:44,320 Speaker 2: You know, I was driving one a couple of weeks ago, 533 00:27:44,520 --> 00:27:48,359 Speaker 2: and I hadn't driven one since I think, like a 534 00:27:48,400 --> 00:27:49,240 Speaker 2: two thousand and. 535 00:27:49,119 --> 00:27:51,480 Speaker 3: Six Boxer, right, So what were you driving? 536 00:27:51,560 --> 00:27:51,760 Speaker 1: Man? 537 00:27:51,840 --> 00:27:55,439 Speaker 2: I was driving the GTS four point zero, So it 538 00:27:55,520 --> 00:27:59,960 Speaker 2: wasn't the GT four, wasn't there full bred race car, 539 00:28:00,240 --> 00:28:03,359 Speaker 2: but it was still amazing. I mean, I loved it, 540 00:28:03,400 --> 00:28:06,359 Speaker 2: and it was leaps and bounds ahead of my friend's 541 00:28:06,640 --> 00:28:08,720 Speaker 2: you know Boxer that I drove back in two thousand 542 00:28:08,720 --> 00:28:09,040 Speaker 2: and six. 543 00:28:09,119 --> 00:28:11,639 Speaker 3: So well, did you what was the biggest impression on you. 544 00:28:11,960 --> 00:28:13,879 Speaker 2: For okay, for the first thing, for I don't we 545 00:28:13,920 --> 00:28:15,600 Speaker 2: don't have to go into my review here. But the 546 00:28:15,600 --> 00:28:18,639 Speaker 2: first thing for me was I was worried it was 547 00:28:18,680 --> 00:28:20,680 Speaker 2: going to be way too small for me because I'm 548 00:28:20,920 --> 00:28:23,840 Speaker 2: six ' four and it's not too small, like I 549 00:28:23,840 --> 00:28:26,880 Speaker 2: could fit in it pretty well. The second thing was 550 00:28:27,560 --> 00:28:31,080 Speaker 2: the sound. I was blown away by the sound. Now. 551 00:28:31,119 --> 00:28:33,560 Speaker 2: I was talking to Luke Vanazanda at Porscha and he 552 00:28:33,600 --> 00:28:37,040 Speaker 2: told me there's a resonator tube or something that comes 553 00:28:37,040 --> 00:28:40,280 Speaker 2: from the engine into the cabin. I want that tube 554 00:28:40,320 --> 00:28:42,800 Speaker 2: in every car I drive. You know, I don't care 555 00:28:42,960 --> 00:28:45,560 Speaker 2: if it's modified in some way because it just made 556 00:28:45,640 --> 00:28:48,000 Speaker 2: me really want to drive it hard. 557 00:28:48,280 --> 00:28:48,400 Speaker 3: Right. 558 00:28:49,120 --> 00:28:53,040 Speaker 2: And the other thing is you can on you know, 559 00:28:53,760 --> 00:28:56,640 Speaker 2: country back roads in America have so much fun with 560 00:28:56,680 --> 00:28:59,600 Speaker 2: that car, whereas a lot of cars they're just way 561 00:28:59,600 --> 00:29:02,560 Speaker 2: too fast. GT three or an st would it's stupid 562 00:29:02,560 --> 00:29:05,280 Speaker 2: to drive that, I agree in open road. So anyway, 563 00:29:05,520 --> 00:29:07,400 Speaker 2: enough of my impressions. It's a lot of car, do 564 00:29:07,480 --> 00:29:09,040 Speaker 2: you What do you have to say about that? Because 565 00:29:09,040 --> 00:29:10,160 Speaker 2: it's really evolved a lot. 566 00:29:10,240 --> 00:29:14,840 Speaker 3: I think it has. It's my favorite platform and it 567 00:29:15,000 --> 00:29:17,520 Speaker 3: is because it's approachable. It's a momentum car. I mean 568 00:29:17,800 --> 00:29:20,360 Speaker 3: it's GT four now with the four Leaders an amazing 569 00:29:20,560 --> 00:29:24,480 Speaker 3: you know, it's more than a momentum car. But again 570 00:29:24,560 --> 00:29:26,560 Speaker 3: going back, I didn't really answer your question, Hannah, but 571 00:29:26,600 --> 00:29:29,360 Speaker 3: to address this is kind of all one answer. You know, 572 00:29:30,600 --> 00:29:33,080 Speaker 3: the thing about new Porsche products is they are so 573 00:29:33,320 --> 00:29:36,640 Speaker 3: good that they make an average driver really good. Like 574 00:29:36,800 --> 00:29:38,720 Speaker 3: I've seen a time and time again on the racetrack 575 00:29:38,760 --> 00:29:42,760 Speaker 3: of being on the track with novices, newbies, and how 576 00:29:42,800 --> 00:29:45,720 Speaker 3: good the products are that save their bacon in a 577 00:29:45,760 --> 00:29:48,320 Speaker 3: situation where otherwise there's no reason at all why the 578 00:29:48,320 --> 00:29:50,800 Speaker 3: car should be on the road. But if you want 579 00:29:50,800 --> 00:29:53,320 Speaker 3: to learn to be a great driver, the mid engine 580 00:29:53,360 --> 00:29:57,360 Speaker 3: platform of a Cayman and for the most part Generation 581 00:29:57,520 --> 00:30:01,240 Speaker 3: Camean's up to the four Leader are momentum car. So 582 00:30:01,280 --> 00:30:04,480 Speaker 3: you really have to understand dynamics, a vehicle handling dynamics. 583 00:30:04,560 --> 00:30:07,520 Speaker 3: And you know, it's a car that really turns on 584 00:30:07,560 --> 00:30:10,320 Speaker 3: an access more so than a nine to eleven that's 585 00:30:10,320 --> 00:30:13,320 Speaker 3: tail happy with all the driver aids turn off. But 586 00:30:13,400 --> 00:30:14,920 Speaker 3: that's what I really love about the cam in And 587 00:30:14,920 --> 00:30:18,520 Speaker 3: when I pursued racing Pike's Peak, I decided to go 588 00:30:18,520 --> 00:30:19,959 Speaker 3: on a journey of like, I'm going to learn how 589 00:30:19,960 --> 00:30:23,160 Speaker 3: to drive, I'm going to be really great at car control, 590 00:30:23,200 --> 00:30:24,920 Speaker 3: at least the best of my abilities. And that's when 591 00:30:24,920 --> 00:30:27,520 Speaker 3: I went through the whole port of Driving program and 592 00:30:27,840 --> 00:30:32,440 Speaker 3: I spent what was it like, fifteen twenty thousand miles 593 00:30:32,720 --> 00:30:35,160 Speaker 3: and it came in GT four club sport that'll do it, 594 00:30:35,240 --> 00:30:37,320 Speaker 3: and that will do it. And you know, once you 595 00:30:37,560 --> 00:30:40,880 Speaker 3: learn how to drive a momentum car and can really 596 00:30:40,920 --> 00:30:43,200 Speaker 3: be aware of your setting and really set up the 597 00:30:43,200 --> 00:30:46,760 Speaker 3: car for anything and handle yourself, you can about drive anything. 598 00:30:46,960 --> 00:30:48,720 Speaker 3: So yeah, when you. 599 00:30:48,720 --> 00:30:51,520 Speaker 2: Say momentum car, I'm guessing you mean exactly that you 600 00:30:51,880 --> 00:30:53,640 Speaker 2: really need to build up your speed and get the 601 00:30:53,680 --> 00:30:56,320 Speaker 2: momentum because it's not it didn't blow me away in 602 00:30:56,400 --> 00:30:58,360 Speaker 2: terms of off the line power. No, that's it. 603 00:30:58,480 --> 00:31:00,840 Speaker 3: Yeah, yeah, that's it. I mean moment car being like 604 00:31:00,880 --> 00:31:02,680 Speaker 3: you really if you want to carry if you want 605 00:31:02,720 --> 00:31:05,080 Speaker 3: to set down a great lap time or just have 606 00:31:05,160 --> 00:31:07,200 Speaker 3: great time on the back roads, it's carrying as much 607 00:31:07,240 --> 00:31:11,479 Speaker 3: maximum speed through corners, whether it's slow speed or middle speed, 608 00:31:11,840 --> 00:31:13,800 Speaker 3: carrying as much speed as you can so you know, 609 00:31:13,880 --> 00:31:16,680 Speaker 3: every mile per hour accounts like, so you know, being 610 00:31:16,720 --> 00:31:19,600 Speaker 3: able to carry two two miles per hour more in 611 00:31:19,640 --> 00:31:22,400 Speaker 3: a corner makes all the difference in a lap lap time. 612 00:31:23,040 --> 00:31:26,600 Speaker 2: And how was Pike's Peak? I mean that looks like 613 00:31:26,800 --> 00:31:29,680 Speaker 2: one of the most fun races, at least for Jim. 614 00:31:29,760 --> 00:31:31,680 Speaker 1: You have to tell them how you prepared. 615 00:31:31,360 --> 00:31:34,240 Speaker 2: A viewer and also looks terrifying, right, I mean it's 616 00:31:34,400 --> 00:31:35,640 Speaker 2: very dangerous that race. 617 00:31:35,840 --> 00:31:39,680 Speaker 3: Yeah, you know, that's the thing I've know I'm filling 618 00:31:39,840 --> 00:31:41,560 Speaker 3: in a long time, and I know how committed she is. 619 00:31:41,600 --> 00:31:43,800 Speaker 3: I love her stories and I've always talked about her career, 620 00:31:43,960 --> 00:31:46,959 Speaker 3: like being a woman in what she's done in automotive. 621 00:31:47,360 --> 00:31:50,320 Speaker 3: You know, in the media world, it's amazing, and it's 622 00:31:50,360 --> 00:31:52,360 Speaker 3: like we have the same viewpoint of like if I'm 623 00:31:52,360 --> 00:31:54,120 Speaker 3: going to do something, I'm going to do one hundred percent. 624 00:31:54,240 --> 00:31:56,560 Speaker 3: So when I decided to do Pike's Peak, I lived 625 00:31:56,600 --> 00:31:59,600 Speaker 3: there for two months my first year. I did it 626 00:32:00,240 --> 00:32:03,719 Speaker 3: at elevation at elevation, and you know, I was the 627 00:32:03,720 --> 00:32:06,400 Speaker 3: best physical shape of my life. And I took it 628 00:32:06,480 --> 00:32:09,560 Speaker 3: very seriously. Of course, working every day remote working and 629 00:32:09,720 --> 00:32:12,040 Speaker 3: you know, checking in the shop, all that fun stuff. 630 00:32:12,080 --> 00:32:13,680 Speaker 3: But I drove them out and every day I drove 631 00:32:13,680 --> 00:32:15,440 Speaker 3: them out. In three hours a day, and I learned 632 00:32:15,480 --> 00:32:17,760 Speaker 3: this from other people and that this is nothing new 633 00:32:17,800 --> 00:32:21,280 Speaker 3: that no one's ever done before. But like serious people 634 00:32:21,320 --> 00:32:24,239 Speaker 3: like Romaine Demas, who holds the record there, who's an 635 00:32:24,240 --> 00:32:27,240 Speaker 3: amazing fact Portia Factory Works driver that holds the title there. 636 00:32:27,840 --> 00:32:30,200 Speaker 1: You just said the record for the Edith car too, 637 00:32:30,360 --> 00:32:30,760 Speaker 1: that's right. 638 00:32:30,840 --> 00:32:33,120 Speaker 3: Yeah, he's king, he's king of the mountain. Ye. Yes, 639 00:32:33,680 --> 00:32:36,040 Speaker 3: he's an amazing guy. But you know, driving that mountain 640 00:32:36,040 --> 00:32:38,720 Speaker 3: every day, and then seeking some of the Hall of 641 00:32:38,760 --> 00:32:41,520 Speaker 3: Fame people that actually went out with me. I asked him, 642 00:32:41,720 --> 00:32:43,560 Speaker 3: please go with me. I don't know, I know, you 643 00:32:43,560 --> 00:32:44,760 Speaker 3: don't know who the hell I am. I'll take you 644 00:32:44,760 --> 00:32:47,360 Speaker 3: out to a nice dinner, but you know, we got 645 00:32:47,400 --> 00:32:49,880 Speaker 3: out at every corner. There's one hundred and fifty six corners, 646 00:32:50,000 --> 00:32:53,239 Speaker 3: of course, twelve and a half miles up. And you 647 00:32:53,320 --> 00:32:55,880 Speaker 3: have to really understand the challenges of the mountain. And 648 00:32:56,280 --> 00:32:59,000 Speaker 3: that's what I did. I just really applied research and 649 00:32:59,040 --> 00:33:01,760 Speaker 3: homework and my second year I was lucky enough to 650 00:33:01,800 --> 00:33:05,680 Speaker 3: win doing it. So cool. Yeah, and you got second 651 00:33:05,680 --> 00:33:07,600 Speaker 3: the first year, right, I got second their first year. 652 00:33:07,600 --> 00:33:10,080 Speaker 1: It was unbelievable. Yeah, I mean it really paid off. 653 00:33:10,360 --> 00:33:11,920 Speaker 3: Yeah, it was. You know, I learned a lot from 654 00:33:11,960 --> 00:33:14,520 Speaker 3: Tanner Fouls who won the first year, who is an 655 00:33:14,520 --> 00:33:16,880 Speaker 3: amazing guy and not let of people are aware of 656 00:33:16,920 --> 00:33:19,000 Speaker 3: his racing career, but he's an engineer, Like he really 657 00:33:19,080 --> 00:33:22,160 Speaker 3: has an engineering mind. And uh, he taught me more 658 00:33:22,200 --> 00:33:24,600 Speaker 3: about the mountain and just car dynamics because he'd raced 659 00:33:24,600 --> 00:33:28,320 Speaker 3: the GT four before, had some seat time and he 660 00:33:28,360 --> 00:33:30,200 Speaker 3: was great. You know, the good thing about Pike's Peak 661 00:33:30,600 --> 00:33:33,480 Speaker 3: compared to wheeled wheel racing is that you're there and 662 00:33:33,520 --> 00:33:37,440 Speaker 3: you're really focused on your own program and you're you're 663 00:33:37,440 --> 00:33:40,440 Speaker 3: you're racing the mountain, so it becomes a of course, 664 00:33:40,440 --> 00:33:44,160 Speaker 3: there's competition, but it's more of a collaborative effort in 665 00:33:44,200 --> 00:33:46,680 Speaker 3: your own class, your own division of there's there a 666 00:33:46,760 --> 00:33:50,240 Speaker 3: lot more interaction and camaraderie going on than rather than 667 00:33:50,360 --> 00:33:51,680 Speaker 3: compared to wheel to wheel racing. 668 00:33:52,600 --> 00:33:54,320 Speaker 2: Oh my god, it sounds amazing, dude. 669 00:33:54,560 --> 00:33:56,840 Speaker 1: You got to go see it, Matt. It's so it's great. 670 00:33:57,960 --> 00:34:00,200 Speaker 2: Keep your winning car, yeah, I did, you know. 671 00:34:00,200 --> 00:34:02,560 Speaker 3: That's my first race car. I've kept it and I 672 00:34:02,680 --> 00:34:04,400 Speaker 3: use it still to this day with track. I had 673 00:34:04,560 --> 00:34:06,280 Speaker 3: a net in it earlier this year. 674 00:34:06,480 --> 00:34:07,200 Speaker 1: We love a net. 675 00:34:07,280 --> 00:34:10,200 Speaker 3: Yeah, we were at Virginia International Raceway and she was like, 676 00:34:10,600 --> 00:34:12,080 Speaker 3: she goes, can I get in? I was like sure, 677 00:34:12,160 --> 00:34:14,719 Speaker 3: So there's like an extra large helmet. Of course she's 678 00:34:14,719 --> 00:34:16,960 Speaker 3: got a small noggin. We were like flying around the 679 00:34:17,000 --> 00:34:20,439 Speaker 3: mountain and like she's just flawing, flailing all over the car, 680 00:34:20,520 --> 00:34:23,279 Speaker 3: and I'm like, I'm I'm going like six dance and acho. 681 00:34:23,760 --> 00:34:26,160 Speaker 3: She's like, go faster, this is great and stopped. 682 00:34:26,440 --> 00:34:29,000 Speaker 2: Ah, that's awesome. That's a good response. Usually when I'm 683 00:34:29,080 --> 00:34:31,160 Speaker 2: being driven on the track, I'm like, slow down, I 684 00:34:31,160 --> 00:34:41,279 Speaker 2: need to get out by the way I want. I 685 00:34:41,320 --> 00:34:42,759 Speaker 2: wonder about You've mentioned. 686 00:34:42,520 --> 00:34:42,960 Speaker 1: V I R. 687 00:34:43,560 --> 00:34:46,879 Speaker 2: And you've obviously Pike's Peak, and I'm sure you spent 688 00:34:47,080 --> 00:34:49,719 Speaker 2: time at a lot of other tracks. Do you are 689 00:34:49,760 --> 00:34:53,160 Speaker 2: there certain tracks that you find where you feel most 690 00:34:53,160 --> 00:34:55,440 Speaker 2: at home or where you want to spend more time 691 00:34:55,680 --> 00:34:58,239 Speaker 2: or We were talking to a guy about Thermal a 692 00:34:58,280 --> 00:35:00,239 Speaker 2: couple of weeks ago, and it's just to me, it's 693 00:35:00,239 --> 00:35:01,080 Speaker 2: fascinating that they have. 694 00:35:02,880 --> 00:35:05,400 Speaker 3: Yeah, I've not been to Thermal. I keep having it. 695 00:35:05,400 --> 00:35:06,879 Speaker 3: I need to get out there and spend some time. 696 00:35:07,000 --> 00:35:08,640 Speaker 3: You know, we all get so busy in our lives, 697 00:35:08,680 --> 00:35:10,440 Speaker 3: but I have a lot of friends that invited me 698 00:35:10,480 --> 00:35:13,960 Speaker 3: to the Thermal, But I've done a lot of the 699 00:35:14,000 --> 00:35:18,000 Speaker 3: serious tracks in the United States. Obviously. Virginia International Raceway 700 00:35:18,080 --> 00:35:20,120 Speaker 3: is a great track. It's a long track, it's an 701 00:35:20,360 --> 00:35:24,359 Speaker 3: elevation change, it's off camber stuff. Roade Atlanta is another 702 00:35:24,400 --> 00:35:28,000 Speaker 3: one of my favorite road America and it's another beautiful 703 00:35:28,040 --> 00:35:30,960 Speaker 3: track that's a historic track, you know, the historic track. 704 00:35:31,120 --> 00:35:34,040 Speaker 3: Laguna Sega is a blast. It's so much fun. Luguna 705 00:35:34,080 --> 00:35:34,680 Speaker 3: Sega is. 706 00:35:34,640 --> 00:35:37,040 Speaker 1: Just to talk about a historic track. 707 00:35:37,800 --> 00:35:40,759 Speaker 2: But I'm just wondering from a social perspective like a track, 708 00:35:40,880 --> 00:35:44,719 Speaker 2: because when body was telling us about Thermal, it was 709 00:35:44,840 --> 00:35:48,440 Speaker 2: like a club where he was friendly with all the 710 00:35:48,480 --> 00:35:51,920 Speaker 2: other women and men who were there. So it sounded 711 00:35:51,960 --> 00:35:53,920 Speaker 2: to me like a just a cool place to hang out. 712 00:35:53,960 --> 00:35:56,239 Speaker 2: I spent time at you know, a Lime Rock and 713 00:35:56,360 --> 00:35:59,359 Speaker 2: New Jersey Motorsports Park and had a blast, but I'd 714 00:35:59,400 --> 00:36:02,440 Speaker 2: never have been you know, like living there for a 715 00:36:02,480 --> 00:36:04,759 Speaker 2: few days and chilling with everybody. 716 00:36:05,160 --> 00:36:07,320 Speaker 3: Yeah, you know, I think that's the aspect of Thermal 717 00:36:07,360 --> 00:36:10,480 Speaker 3: that's been so successful, as it's a club, like you know, 718 00:36:10,600 --> 00:36:13,560 Speaker 3: like it's Monticello in New York. From what I have 719 00:36:13,719 --> 00:36:17,040 Speaker 3: not been to either one but I understand that. I mean, 720 00:36:17,080 --> 00:36:20,040 Speaker 3: the facilities are amazing. I understand it's the camaraderie of 721 00:36:20,040 --> 00:36:22,960 Speaker 3: a club atmosphere and people like they're going to go there, 722 00:36:23,080 --> 00:36:26,000 Speaker 3: maybe do an hour of track time, but it's more 723 00:36:26,040 --> 00:36:29,799 Speaker 3: of the getting together with like minded individuals from what 724 00:36:29,840 --> 00:36:30,480 Speaker 3: I understand. 725 00:36:30,680 --> 00:36:33,360 Speaker 2: You know, I just figured maybe some of your collectors 726 00:36:33,400 --> 00:36:36,200 Speaker 2: would have places like that as well. You've got what 727 00:36:36,360 --> 00:36:42,000 Speaker 2: fourteen clients sort of main clients that have big collections, 728 00:36:42,080 --> 00:36:44,719 Speaker 2: and I if I had a big collection, I would 729 00:36:44,760 --> 00:36:47,080 Speaker 2: also have a track, you know, a home. 730 00:36:47,280 --> 00:36:49,360 Speaker 3: Yeah, I've got nobody that owns your own track, but 731 00:36:49,400 --> 00:36:50,360 Speaker 3: we do a lot of track. 732 00:36:50,520 --> 00:36:53,240 Speaker 2: Owning your own track track that you kind of you know, Okay, 733 00:36:53,280 --> 00:36:54,920 Speaker 2: I'm at Monticello, a member at Monticello. 734 00:36:55,520 --> 00:36:58,239 Speaker 1: Collis does do track days for clients, don't you guys. 735 00:36:58,280 --> 00:37:01,239 Speaker 3: Yes, Yeah, we do really great. We do about three 736 00:37:01,760 --> 00:37:04,319 Speaker 3: typically we do a three year and everyone brings out 737 00:37:04,320 --> 00:37:06,040 Speaker 3: their historic prize possessions. 738 00:37:06,080 --> 00:37:09,960 Speaker 1: I mean it's like top top cream of the crop stuff. 739 00:37:10,120 --> 00:37:14,040 Speaker 1: I've seen the photos. This is like the most exclusive 740 00:37:14,200 --> 00:37:17,600 Speaker 1: cool car gathering I've ever seen, especially for people who 741 00:37:17,719 --> 00:37:18,239 Speaker 1: like porsi us. 742 00:37:18,480 --> 00:37:19,239 Speaker 2: We've got to film that. 743 00:37:19,719 --> 00:37:22,359 Speaker 3: Yeah, it's a little bit of a portion nerd fest for. 744 00:37:22,280 --> 00:37:25,040 Speaker 1: Sure, Kim. I have to ask you, you know, I 745 00:37:25,239 --> 00:37:29,920 Speaker 1: happen to know that you actually went to school as 746 00:37:29,920 --> 00:37:34,399 Speaker 1: an artist and you're a very philosophical person. I think 747 00:37:34,440 --> 00:37:37,239 Speaker 1: that's one of the ways that we actually connect. And 748 00:37:37,280 --> 00:37:39,520 Speaker 1: I've seen photos of you, you know, with long hair 749 00:37:39,560 --> 00:37:44,839 Speaker 1: on skateboards, looking very you know, young and artistic. And 750 00:37:44,880 --> 00:37:50,959 Speaker 1: I'm curious how your background as a creative person has 751 00:37:51,200 --> 00:37:54,480 Speaker 1: really led you to where you are now, because you know, 752 00:37:54,520 --> 00:37:58,200 Speaker 1: this conversation is focused on engineering and really sort of 753 00:37:58,360 --> 00:38:03,880 Speaker 1: more serious economy. Yeah, mechanical things, but I also know 754 00:38:03,920 --> 00:38:06,080 Speaker 1: there's an art to what you do. So I'd love 755 00:38:06,160 --> 00:38:09,279 Speaker 1: to hear how you see yourself and your evolution as 756 00:38:09,280 --> 00:38:12,200 Speaker 1: a person to where you are now with Rhodes Scholars. 757 00:38:13,520 --> 00:38:19,960 Speaker 3: That's an all encompassing question. It's interesting creative. You know, 758 00:38:20,000 --> 00:38:22,440 Speaker 3: we live in a creative economy when you think about 759 00:38:22,600 --> 00:38:26,480 Speaker 3: entrepreneurial spirit and capitalism. You know, our our our economies 760 00:38:26,520 --> 00:38:30,759 Speaker 3: based on creativity. You look at I mean, we were 761 00:38:30,760 --> 00:38:32,440 Speaker 3: in the green room and I felt my IQ go 762 00:38:32,520 --> 00:38:33,320 Speaker 3: up by three percent. 763 00:38:33,600 --> 00:38:35,920 Speaker 1: Good, that's our plan. 764 00:38:37,320 --> 00:38:40,040 Speaker 3: But you know, the thing that was on the monitor 765 00:38:40,080 --> 00:38:44,560 Speaker 3: was about AI and Navidia stock today, and I think 766 00:38:44,560 --> 00:38:46,239 Speaker 3: it's a hard transition. I saw a lot of my 767 00:38:46,280 --> 00:38:50,400 Speaker 3: mentor struggle as being shop owners who were had expertise 768 00:38:50,440 --> 00:38:54,319 Speaker 3: in subject matter about restoring cars or mechanical abilities, and 769 00:38:54,360 --> 00:38:57,279 Speaker 3: they struggled with running into business. And I think that's 770 00:38:57,320 --> 00:38:59,880 Speaker 3: the greatest challenge we have as small business owners is 771 00:39:00,640 --> 00:39:03,600 Speaker 3: if you're a subject matter expert or an artist like myself, 772 00:39:03,760 --> 00:39:07,280 Speaker 3: how do you become a good business person, a responsible 773 00:39:08,000 --> 00:39:11,239 Speaker 3: business person that creates an environment for your employees that 774 00:39:11,280 --> 00:39:14,960 Speaker 3: can flourish. And how do you think other beyond beyond 775 00:39:15,000 --> 00:39:17,880 Speaker 3: paying the bills and the day to day? How do 776 00:39:17,920 --> 00:39:20,880 Speaker 3: you create a business plan it's sustainable. How do you 777 00:39:20,960 --> 00:39:24,000 Speaker 3: have you know, do you have plans for the future, 778 00:39:24,120 --> 00:39:26,439 Speaker 3: what your ten year fore cast looks like. So it's 779 00:39:26,440 --> 00:39:29,920 Speaker 3: really just encompassing business five hundred ideas into a small business. 780 00:39:30,680 --> 00:39:34,239 Speaker 3: So I don't know, I've always just been fascinated by 781 00:39:34,239 --> 00:39:37,520 Speaker 3: that and taking my art degree all the time I 782 00:39:37,520 --> 00:39:41,319 Speaker 3: worked in restoration shops growing up, and understanding a lot 783 00:39:41,360 --> 00:39:43,200 Speaker 3: of the crafts people that I work with, all of 784 00:39:43,239 --> 00:39:46,040 Speaker 3: our team members, understanding that like most of these people 785 00:39:46,080 --> 00:39:49,239 Speaker 3: would not fit in in a normal corporate structure, and 786 00:39:49,280 --> 00:39:52,080 Speaker 3: how to manage those. It's a wild group of people, 787 00:39:52,280 --> 00:39:55,840 Speaker 3: like vast backgrounds, different nations. We look like United nations. 788 00:39:57,800 --> 00:39:59,240 Speaker 3: Everyone has a significant ego. 789 00:39:59,600 --> 00:40:02,360 Speaker 1: So of course it's cars, correct. 790 00:40:02,480 --> 00:40:06,200 Speaker 3: So you know, so dealing with clients and in our own employee, 791 00:40:06,200 --> 00:40:08,640 Speaker 3: our own teammates, you know, it's a never ending challenge 792 00:40:08,680 --> 00:40:11,320 Speaker 3: of okay, so yeah, let's get every one point in 793 00:40:11,360 --> 00:40:11,960 Speaker 3: the right direction. 794 00:40:13,400 --> 00:40:16,400 Speaker 2: So I wanted to ask about your favorite car. You 795 00:40:16,400 --> 00:40:18,400 Speaker 2: told us already about your favorite platform. And I know 796 00:40:18,440 --> 00:40:22,200 Speaker 2: it's a huge question, right, but uh. 797 00:40:21,719 --> 00:40:23,799 Speaker 1: You can say donks if you want to, Oh, I 798 00:40:23,880 --> 00:40:26,960 Speaker 1: like donks, you can answer it even more generally. Uh, 799 00:40:27,400 --> 00:40:28,880 Speaker 1: but secret obsessions? 800 00:40:28,920 --> 00:40:30,160 Speaker 2: What are what are donks? 801 00:40:30,680 --> 00:40:31,960 Speaker 3: Oh my gosh, Matt, what. 802 00:40:33,680 --> 00:40:34,040 Speaker 2: Is that like? 803 00:40:34,160 --> 00:40:36,920 Speaker 1: It sounds like a It sounds like a from the 804 00:40:37,000 --> 00:40:37,560 Speaker 1: South camp. 805 00:40:39,880 --> 00:40:41,760 Speaker 3: Were not to bring it down so to North Carolina 806 00:40:41,840 --> 00:40:42,719 Speaker 3: for a cultural trip. 807 00:40:42,800 --> 00:40:47,040 Speaker 2: It sounds like a Dutch one off. What's the dogs? 808 00:40:47,120 --> 00:40:50,200 Speaker 3: Other life come on? Like twenty two rims? 809 00:40:50,239 --> 00:40:52,359 Speaker 2: Oh? 810 00:40:50,840 --> 00:40:56,080 Speaker 3: Oh oh my god, lowrider? Yeah, well yeah, we got 811 00:40:56,080 --> 00:40:57,319 Speaker 3: to bring it back for that. We got to bring 812 00:40:57,320 --> 00:40:59,560 Speaker 3: it up North Caline for some donk action. So I 813 00:40:59,560 --> 00:40:59,960 Speaker 3: will be the. 814 00:41:00,200 --> 00:41:02,080 Speaker 2: Yeah, that's something I haven't really delved into. 815 00:41:02,400 --> 00:41:05,920 Speaker 3: Yeah, I don't understand, uh slammed trucks. 816 00:41:05,960 --> 00:41:06,800 Speaker 2: I don't get the whole. 817 00:41:07,120 --> 00:41:10,680 Speaker 3: So you know what's amazing thing is this donk this movement, 818 00:41:10,719 --> 00:41:13,640 Speaker 3: if you will, this like subculture of car culture. These 819 00:41:13,680 --> 00:41:17,120 Speaker 3: guys are spending massive I mean they're building these putting 820 00:41:17,160 --> 00:41:19,680 Speaker 3: a half a million dollars into an old mobile with 821 00:41:19,719 --> 00:41:23,800 Speaker 3: an amazing horsepower and metal flake paint and killer sound system. 822 00:41:23,880 --> 00:41:27,000 Speaker 3: And you know, to me, it's fascinating because all cars, 823 00:41:27,000 --> 00:41:29,640 Speaker 3: you know, everything has its place, and I love that 824 00:41:29,719 --> 00:41:32,799 Speaker 3: stuff and the creativity, you know, that's what's so fun 825 00:41:32,800 --> 00:41:34,839 Speaker 3: of it is someone like we compete up Pebble Beach 826 00:41:34,920 --> 00:41:36,840 Speaker 3: and all the great shows in the world. It's like 827 00:41:36,880 --> 00:41:39,320 Speaker 3: showing horses, but when you get to go to somewhere 828 00:41:39,320 --> 00:41:43,640 Speaker 3: where it's a whole different philosophy and culture. But it's 829 00:41:43,680 --> 00:41:46,680 Speaker 3: the same amount of attention and time and money spent. 830 00:41:46,960 --> 00:41:52,839 Speaker 2: Yeah, I've I've just googled you. Yeah, and it is insane, Like. 831 00:41:52,760 --> 00:41:54,960 Speaker 3: Some of these vehicles have a thousand horse power and 832 00:41:55,120 --> 00:41:57,520 Speaker 3: you know they're racing for pink slips and it's like 833 00:41:57,600 --> 00:41:58,320 Speaker 3: so much fun. 834 00:41:58,719 --> 00:42:00,799 Speaker 2: I'm looked. But this is the same same thing as 835 00:42:00,840 --> 00:42:04,279 Speaker 2: when I see slammed trucks or you know cars that 836 00:42:04,360 --> 00:42:08,319 Speaker 2: are customized to make them look like the axles broke, right. 837 00:42:08,480 --> 00:42:12,560 Speaker 2: I don't understand what it can't handle, well, just how 838 00:42:12,600 --> 00:42:15,000 Speaker 2: it doesn't it cannot be a good ride. 839 00:42:15,560 --> 00:42:19,000 Speaker 3: Oh no, I've seen some great rides with air suspension. 840 00:42:19,080 --> 00:42:21,000 Speaker 3: And you know, that's the thing about the automotive world, 841 00:42:21,040 --> 00:42:23,040 Speaker 3: like whether you're a high end shop like us doing 842 00:42:23,080 --> 00:42:26,360 Speaker 3: concor work, or you're a shop you know, putting a 843 00:42:26,360 --> 00:42:28,560 Speaker 3: half a million dollars into a donk or you know 844 00:42:28,600 --> 00:42:30,920 Speaker 3: the Riddler. You know, there's the whole hot rod world 845 00:42:31,160 --> 00:42:33,920 Speaker 3: like the Riddler Award, you know where they're spending up 846 00:42:33,920 --> 00:42:36,000 Speaker 3: to a million dollars on the Riddler car to win 847 00:42:36,000 --> 00:42:38,839 Speaker 3: the Riddler Award in Detroit. So that's what's so fun 848 00:42:38,880 --> 00:42:40,640 Speaker 3: about the industry is when I meet somebody in the 849 00:42:40,640 --> 00:42:42,800 Speaker 3: industry that owns a shop or they work in a shop, 850 00:42:42,840 --> 00:42:45,880 Speaker 3: and we come from different disciplines, but we can relate 851 00:42:45,960 --> 00:42:46,759 Speaker 3: on quality. 852 00:42:47,280 --> 00:42:49,840 Speaker 1: So it seems like you guys kind of go in 853 00:42:49,880 --> 00:42:52,280 Speaker 1: cycles Pike's Peak with a big project for you. Obviously 854 00:42:52,840 --> 00:42:57,080 Speaker 1: multiple wins at Pebble those were multi year projects. What 855 00:42:57,120 --> 00:42:59,160 Speaker 1: are you looking for in the next few years for 856 00:42:59,560 --> 00:43:01,240 Speaker 1: the shop or for yourself personally? 857 00:43:01,920 --> 00:43:04,000 Speaker 3: Uh, you know, we just did a really cool project 858 00:43:04,000 --> 00:43:06,600 Speaker 3: for Phillips Seraphim and it was so cool. He owned 859 00:43:06,600 --> 00:43:11,040 Speaker 3: some Myers. Yeah great, He's just a great human being. 860 00:43:11,200 --> 00:43:13,640 Speaker 3: So I was really honored when he approached us to 861 00:43:13,680 --> 00:43:16,480 Speaker 3: do a Myers Manx Carrera project. 862 00:43:16,719 --> 00:43:20,279 Speaker 2: What is like the buggy right? 863 00:43:20,360 --> 00:43:22,960 Speaker 3: Yeah? Yeah, so he said, he called me out, and 864 00:43:23,000 --> 00:43:26,680 Speaker 3: he goes, Cam, I've got one of the last original 865 00:43:26,840 --> 00:43:29,359 Speaker 3: Myers Manx bodies from the sixties and one of our 866 00:43:29,400 --> 00:43:35,120 Speaker 3: short wheel short wheelbase chassis like leftover. And he goes, 867 00:43:35,160 --> 00:43:38,160 Speaker 3: and I just bought a Carera two engine. Would you 868 00:43:38,200 --> 00:43:40,960 Speaker 3: be interested in because we're one of the few shops 869 00:43:41,080 --> 00:43:43,920 Speaker 3: in the country that rebuilds four cam engines. He goes, 870 00:43:43,920 --> 00:43:47,320 Speaker 3: would you be interested in building like a Kurera GT 871 00:43:47,600 --> 00:43:50,400 Speaker 3: Manx because I really love the idea of what Vasik Pollock, 872 00:43:50,480 --> 00:43:53,040 Speaker 3: what he did for porschez a distributor. As a shop owner, 873 00:43:53,280 --> 00:43:56,479 Speaker 3: I want to do like the ultimate Carera Manx. I said, hell, yeah, 874 00:43:56,600 --> 00:44:00,760 Speaker 3: like that sounds amazing and that's not our normal. Yeah. 875 00:44:01,000 --> 00:44:03,560 Speaker 1: Sorry, Is this for him personally or for the business? 876 00:44:03,600 --> 00:44:05,200 Speaker 1: Are you doing a series of these or a run 877 00:44:05,239 --> 00:44:05,560 Speaker 1: of these? 878 00:44:05,800 --> 00:44:08,160 Speaker 3: We just did it, so he just has to do 879 00:44:08,200 --> 00:44:10,480 Speaker 3: it for I mean for him, for the business. And 880 00:44:11,080 --> 00:44:14,760 Speaker 3: it went to Goodwood Festival, I mean the Goodwood Festival 881 00:44:14,800 --> 00:44:17,240 Speaker 3: Speed which was great, and it went around the track 882 00:44:17,320 --> 00:44:21,239 Speaker 3: and they had the Manx Anniversary and it was one 883 00:44:21,239 --> 00:44:23,520 Speaker 3: of the future cars and it was just at Loofed 884 00:44:23,560 --> 00:44:26,000 Speaker 3: and it is one of the coolest things we've ever 885 00:44:26,040 --> 00:44:29,680 Speaker 3: done because the car weighs, you know, eight hundred pounds 886 00:44:29,840 --> 00:44:32,759 Speaker 3: and it's got one hundred and eighty horse power and 887 00:44:32,800 --> 00:44:35,440 Speaker 3: it's just a ripper, Like it's so fun. And we 888 00:44:35,560 --> 00:44:39,160 Speaker 3: used all these original parts. We used original five point 889 00:44:39,120 --> 00:44:43,279 Speaker 3: fifty spider RSK five fifty, all these priceless parts and 890 00:44:43,360 --> 00:44:46,160 Speaker 3: put together a modern suspension and the thing just is 891 00:44:46,239 --> 00:44:48,560 Speaker 3: so fun to drive. So that was fun to do. 892 00:44:48,719 --> 00:44:50,920 Speaker 3: And we got a kind of a top secret project 893 00:44:50,920 --> 00:44:54,919 Speaker 3: coming up soon. That's our first. It's a Safari. I'll 894 00:44:54,960 --> 00:44:57,160 Speaker 3: just I'll let that out of the bag, but that's 895 00:44:57,400 --> 00:44:58,359 Speaker 3: that's coming out soon. 896 00:45:00,040 --> 00:45:01,880 Speaker 1: You're not a private client or a company. 897 00:45:01,960 --> 00:45:05,319 Speaker 3: It's our private client. And that's really fun. We're doing 898 00:45:05,320 --> 00:45:08,799 Speaker 3: that in collaboration with T. J. Russell. Russell Bilch, he 899 00:45:08,880 --> 00:45:13,880 Speaker 3: built some outstanding safaris. Yeah, but like real like he 900 00:45:14,040 --> 00:45:16,560 Speaker 3: has a I like working with a field. We rarely 901 00:45:16,600 --> 00:45:18,960 Speaker 3: do a collaboration. It was honored to do collaboration with 902 00:45:19,080 --> 00:45:21,720 Speaker 3: Myers Banks, and it's fun to do one with TJ 903 00:45:21,920 --> 00:45:26,040 Speaker 3: because he has won the Baja. Like you're serious. These 904 00:45:26,040 --> 00:45:28,520 Speaker 3: are serious people, So that's I enjoy that. 905 00:45:28,680 --> 00:45:31,920 Speaker 2: So and you're not a purist, because I was thinking 906 00:45:33,960 --> 00:45:36,279 Speaker 2: when I when reading about your shop, I and how 907 00:45:36,320 --> 00:45:38,719 Speaker 2: you do put things back to exactly or you try 908 00:45:38,719 --> 00:45:41,080 Speaker 2: and get them back to exactly how they were built 909 00:45:41,120 --> 00:45:44,840 Speaker 2: in the factory. I was thinking maybe you would be 910 00:45:44,960 --> 00:45:47,960 Speaker 2: saying no to a client who says, but I also 911 00:45:48,040 --> 00:45:50,200 Speaker 2: want like a stereo system. 912 00:45:50,200 --> 00:45:53,480 Speaker 3: Or you know, you know. I think the thing along 913 00:45:54,120 --> 00:45:56,200 Speaker 3: in where we are as a company and a career, 914 00:45:56,280 --> 00:45:59,959 Speaker 3: the things that stimulate me or excite me, Like we're 915 00:46:00,080 --> 00:46:03,839 Speaker 3: showing a car for mister McNeil at Pebble Beach next year, 916 00:46:03,880 --> 00:46:06,360 Speaker 3: David McNeil, who owns weather Tech. So that's exciting and 917 00:46:06,360 --> 00:46:09,759 Speaker 3: it's a very rare career GTE. They only made five 918 00:46:09,840 --> 00:46:13,440 Speaker 3: of them, and it's a really beautiful car. We're excited 919 00:46:13,480 --> 00:46:16,719 Speaker 3: to show that. But I'm more excited into things we're 920 00:46:16,800 --> 00:46:20,399 Speaker 3: certainly that's our main vertical and restoration. But I think 921 00:46:20,440 --> 00:46:22,800 Speaker 3: we're going to become more and more of a boutique 922 00:46:22,840 --> 00:46:26,560 Speaker 3: shop for one off projects. And that's exciting because we 923 00:46:26,600 --> 00:46:28,600 Speaker 3: get to flex our muscles of everything we do as 924 00:46:28,640 --> 00:46:31,480 Speaker 3: crafts people in our abilities, and we get to flex 925 00:46:31,680 --> 00:46:34,360 Speaker 3: on building something really unique and really beautiful. 926 00:46:34,719 --> 00:46:39,640 Speaker 2: And you've already proven yourself essentially in your original vertical, right, 927 00:46:39,680 --> 00:46:43,480 Speaker 2: I mean, if you are winning, you've already won, so 928 00:46:44,160 --> 00:46:46,240 Speaker 2: you might as well try a new challenge. 929 00:46:46,239 --> 00:46:49,840 Speaker 3: I guess yeah. I think that's it. I think in 930 00:46:49,960 --> 00:46:52,440 Speaker 3: everyone's career, whatever you're doing as a career, what is 931 00:46:52,440 --> 00:46:55,400 Speaker 3: the next thing that's going to really stimulate you to 932 00:46:55,480 --> 00:46:58,680 Speaker 3: keep evolving as a person or as a business if 933 00:46:58,719 --> 00:47:00,640 Speaker 3: you're a business owner or in your own career, what's 934 00:47:00,680 --> 00:47:04,080 Speaker 3: gonna step up your game to keep evolving, you know, 935 00:47:04,200 --> 00:47:07,319 Speaker 3: and also keep my staff engage like you know we 936 00:47:07,360 --> 00:47:09,719 Speaker 3: can do. The funny thing is like we're getting ready 937 00:47:09,760 --> 00:47:12,279 Speaker 3: to finish next week. In nineteen seventy five Turbo, which 938 00:47:12,320 --> 00:47:14,920 Speaker 3: is the first year of the nine eleven Turbo, and 939 00:47:14,960 --> 00:47:19,120 Speaker 3: that was Porscha's first supercar, and we don't we forget 940 00:47:19,160 --> 00:47:21,400 Speaker 3: how important that was and that was during if you 941 00:47:21,440 --> 00:47:23,719 Speaker 3: think about nineteen seventy five. What was happen in the world. 942 00:47:23,719 --> 00:47:26,279 Speaker 3: It was a whole nother era of like a lot 943 00:47:26,280 --> 00:47:28,560 Speaker 3: of adversity happening in the world, gas crisis all that. 944 00:47:29,040 --> 00:47:32,880 Speaker 3: But this car is painted Matt Black from the factory. 945 00:47:33,320 --> 00:47:33,680 Speaker 2: Cool. 946 00:47:33,760 --> 00:47:34,160 Speaker 3: How cool? 947 00:47:34,200 --> 00:47:34,320 Speaker 1: Is that? 948 00:47:35,400 --> 00:47:35,640 Speaker 2: Weird? 949 00:47:35,880 --> 00:47:38,719 Speaker 3: Is that weird? No? No, did I that? When this 950 00:47:38,719 --> 00:47:41,440 Speaker 3: customer approaches, like, I want this is the second seventy 951 00:47:41,440 --> 00:47:44,040 Speaker 3: five turtle. He has an amazing turbo collection, probably one 952 00:47:44,080 --> 00:47:46,240 Speaker 3: of the best turbo collections in the world, nine eleven 953 00:47:46,760 --> 00:47:49,160 Speaker 3: nine eleven's and he said, you know, I have this 954 00:47:49,239 --> 00:47:51,360 Speaker 3: cool project in what you guys do it's Matt Black 955 00:47:51,440 --> 00:47:53,600 Speaker 3: seventy five turbles, Like what they can't even be real? 956 00:47:54,000 --> 00:47:54,920 Speaker 1: What's the interior? 957 00:47:55,360 --> 00:47:58,560 Speaker 3: It's triple black. The whole car is bloow. So it's 958 00:47:58,560 --> 00:48:00,279 Speaker 3: gonna be great because it's gonna go to all these 959 00:48:00,280 --> 00:48:03,759 Speaker 3: shows and people are like, what is this primer car here? 960 00:48:04,400 --> 00:48:07,279 Speaker 3: Why is it not finished? And it's just gonna be 961 00:48:07,360 --> 00:48:08,560 Speaker 3: fuddle all the extent You're. 962 00:48:08,440 --> 00:48:10,640 Speaker 2: Gonna be like, not finished. This took us nine hundred 963 00:48:10,800 --> 00:48:14,719 Speaker 2: fifty hours of paint shop exactly. 964 00:48:14,920 --> 00:48:17,080 Speaker 3: So that's the beauty of this project. I think it's 965 00:48:17,120 --> 00:48:19,839 Speaker 3: gonna blow people's mind because they're just like, wait, yeah, 966 00:48:19,880 --> 00:48:20,960 Speaker 3: why is it Matt Black. 967 00:48:21,280 --> 00:48:23,440 Speaker 1: Well, in a way, there's nothing new. I mean all 968 00:48:23,480 --> 00:48:26,520 Speaker 1: of these new trends that we see, honestly, most of 969 00:48:26,560 --> 00:48:29,239 Speaker 1: them are not actually new. They're updates of things that 970 00:48:29,280 --> 00:48:31,359 Speaker 1: have come in previous. 971 00:48:31,280 --> 00:48:33,800 Speaker 3: I have the I love to think sometimes like in that, 972 00:48:34,080 --> 00:48:36,600 Speaker 3: you know, like anybody who has an overactive mind. I'm 973 00:48:36,640 --> 00:48:39,680 Speaker 3: in bed and I'm going who was this baller person 974 00:48:39,760 --> 00:48:43,239 Speaker 3: in nineteen seventy five with their bell bottoms and said, 975 00:48:43,280 --> 00:48:46,000 Speaker 3: you know what I want to murdered out nine to eleven? Like, 976 00:48:46,600 --> 00:48:47,680 Speaker 3: you know not even. 977 00:48:49,840 --> 00:48:52,440 Speaker 2: By the way, have you ever thought about doing or 978 00:48:52,480 --> 00:48:57,400 Speaker 2: have you done a run of products? Hannah made me 979 00:48:57,440 --> 00:49:00,600 Speaker 2: think about it when she asked if the Meyers Manx 980 00:49:01,239 --> 00:49:04,560 Speaker 2: Carrera would be you know, would you make a you know, 981 00:49:04,640 --> 00:49:07,440 Speaker 2: a run a limited run? And I know and like, 982 00:49:07,600 --> 00:49:09,680 Speaker 2: you know, Magnus is doing this thing with the Jaguar, 983 00:49:09,760 --> 00:49:14,880 Speaker 2: which I think is so cool. Yeah, and obviously Rob 984 00:49:14,920 --> 00:49:20,080 Speaker 2: and Singer have done very well with that that business model. 985 00:49:20,120 --> 00:49:23,759 Speaker 2: Have you ever thought about going in that direction with Yeah? 986 00:49:23,800 --> 00:49:24,080 Speaker 2: I had. 987 00:49:24,360 --> 00:49:27,320 Speaker 3: I had a real moment not too long ago where 988 00:49:27,400 --> 00:49:31,719 Speaker 3: a private equity group approached me about doing something significant. 989 00:49:32,760 --> 00:49:36,160 Speaker 3: You know, man, you're becoming almost like a manufacturer. Like 990 00:49:36,160 --> 00:49:39,080 Speaker 3: what Singer's done is nothing short of amazing. We just 991 00:49:39,160 --> 00:49:43,200 Speaker 3: had a customer DLS Design Lightweight project delivered to the 992 00:49:43,440 --> 00:49:46,480 Speaker 3: shop and we maintained its car collection, and I was 993 00:49:46,520 --> 00:49:49,239 Speaker 3: blown away, you know, really spending time up close and 994 00:49:49,280 --> 00:49:51,680 Speaker 3: personal with that project. With that you know, they made 995 00:49:51,680 --> 00:49:54,000 Speaker 3: seventy five of them, It's incredible. It's just incredible. But 996 00:49:54,760 --> 00:49:58,480 Speaker 3: to answer your question directly, Matt, I just I think 997 00:49:58,480 --> 00:50:01,880 Speaker 3: I've made I've made the realization that I'm more focused 998 00:50:01,920 --> 00:50:05,440 Speaker 3: on scaling down and being about quality than scaling up 999 00:50:05,480 --> 00:50:11,439 Speaker 3: and having one hundred employees and scaling and buying more 1000 00:50:11,480 --> 00:50:14,600 Speaker 3: real estate. That doesn't interest me because I could do 1001 00:50:14,680 --> 00:50:17,640 Speaker 3: that and spend the next fifteen years of my life 1002 00:50:18,040 --> 00:50:21,120 Speaker 3: grinding it out, and I've already grounded out seven days 1003 00:50:21,160 --> 00:50:24,160 Speaker 3: a week for a long time. Yeah, And I'm more 1004 00:50:24,200 --> 00:50:27,040 Speaker 3: interested in I'm more interested in refining what we have 1005 00:50:27,160 --> 00:50:31,320 Speaker 3: started and finishing strong of like, how do we restore 1006 00:50:31,360 --> 00:50:33,160 Speaker 3: some of the best cars to our ability in the 1007 00:50:33,160 --> 00:50:36,359 Speaker 3: world with an authentic approach, But really, how do we 1008 00:50:36,600 --> 00:50:39,319 Speaker 3: I'm more fascinated with the idea of doing bespoke projects 1009 00:50:39,360 --> 00:50:42,400 Speaker 3: like I really admire alois Roof and what he's done 1010 00:50:42,520 --> 00:50:46,759 Speaker 3: as a manufacturer, and obviously Singer. We're in this new 1011 00:50:46,840 --> 00:50:49,840 Speaker 3: era now where people are spending million dollars all the 1012 00:50:49,920 --> 00:50:54,960 Speaker 3: time on reimagine recreated hot rod Porsches. That's amazing to me. 1013 00:50:55,120 --> 00:50:58,120 Speaker 3: And it's an established market, right, it's not going anywhere, 1014 00:50:58,680 --> 00:51:01,080 Speaker 3: And all the old timers were like, oh, there's not 1015 00:51:01,120 --> 00:51:01,720 Speaker 3: gonna lash. 1016 00:51:01,760 --> 00:51:03,960 Speaker 1: You know, well, it used to be kind of a 1017 00:51:04,000 --> 00:51:06,319 Speaker 1: bad word, right, you know, to do that. 1018 00:51:06,760 --> 00:51:08,560 Speaker 3: Right, and you know there's key players, you know, you 1019 00:51:08,560 --> 00:51:11,319 Speaker 3: look at Gunther Works and Singer and it's amazing what 1020 00:51:11,320 --> 00:51:14,480 Speaker 3: they've done, and you know, yeah, and I just I 1021 00:51:14,520 --> 00:51:16,640 Speaker 3: like I said that, I was really flattered when I 1022 00:51:16,680 --> 00:51:20,239 Speaker 3: was approached to create something and I the ego, My 1023 00:51:20,360 --> 00:51:23,120 Speaker 3: ego entertained it for a split second, and I'm like, 1024 00:51:24,120 --> 00:51:26,399 Speaker 3: you know, I really just don't feel that important at 1025 00:51:26,480 --> 00:51:29,719 Speaker 3: that drive, Like I need to stamp something out that's 1026 00:51:29,719 --> 00:51:31,839 Speaker 3: based on a Porsche platform and it's gonna be Rhodes 1027 00:51:31,840 --> 00:51:34,520 Speaker 3: scholars and we're going to be throw our hat in 1028 00:51:34,560 --> 00:51:37,000 Speaker 3: that ring. I think it's more it'd be really more 1029 00:51:37,080 --> 00:51:41,000 Speaker 3: unique to work with great people and build one off 1030 00:51:41,040 --> 00:51:44,280 Speaker 3: projects to you know, to complement our restoration business. 1031 00:51:44,400 --> 00:51:46,560 Speaker 2: I think it's better. I like that better as well, 1032 00:51:46,560 --> 00:51:49,879 Speaker 2: because doing one offs is more like what an artist 1033 00:51:49,960 --> 00:51:52,120 Speaker 2: would do. Yeah, right, an artist isn't going to make 1034 00:51:52,160 --> 00:51:53,360 Speaker 2: a run of prints. 1035 00:51:53,560 --> 00:51:56,600 Speaker 3: Yeah. Like growing the business to having like fifty people, 1036 00:51:56,719 --> 00:51:59,640 Speaker 3: fifty employees, and then you know, I work every morning, 1037 00:52:00,280 --> 00:52:02,600 Speaker 3: I work with my team. I'm on the floor for 1038 00:52:02,640 --> 00:52:05,120 Speaker 3: the first four hours of the day. Like I really 1039 00:52:05,200 --> 00:52:06,960 Speaker 3: I need that. Like if I couldn't do that, I 1040 00:52:07,280 --> 00:52:10,759 Speaker 3: wouldn't do this business. Like we sell cars, but our 1041 00:52:10,800 --> 00:52:13,120 Speaker 3: expertise and what we do in our service department, our 1042 00:52:13,160 --> 00:52:16,520 Speaker 3: restoration department, gives us credibility and selling high level cars 1043 00:52:16,520 --> 00:52:20,319 Speaker 3: based on our knowledge and growing a shop where we're 1044 00:52:20,360 --> 00:52:23,120 Speaker 3: just stamping out cars and the only thing you're choosing 1045 00:52:23,239 --> 00:52:27,120 Speaker 3: is the color in the interior, after we've established whatever 1046 00:52:27,160 --> 00:52:29,600 Speaker 3: platform it is. I don't know. I really went down 1047 00:52:29,640 --> 00:52:32,520 Speaker 3: this mental exercise and did the math and looked at 1048 00:52:32,520 --> 00:52:35,160 Speaker 3: the numbers. I was like, oh, this would be you know, 1049 00:52:35,239 --> 00:52:38,000 Speaker 3: it's great, but what do is that really going to 1050 00:52:38,040 --> 00:52:40,600 Speaker 3: satisfy me when I'm sixty years If I make it 1051 00:52:40,640 --> 00:52:43,279 Speaker 3: to sixty, you'll make it, you know. 1052 00:52:45,239 --> 00:52:45,600 Speaker 2: Anymore? 1053 00:52:45,680 --> 00:52:48,560 Speaker 3: Yeah, But you know, I was like I'm not really 1054 00:52:48,600 --> 00:52:51,200 Speaker 3: really to double down on stress. I just want to scale. 1055 00:52:51,239 --> 00:52:54,239 Speaker 3: Like I said, for us, scaling down, being scaled and 1056 00:52:54,280 --> 00:52:56,040 Speaker 3: being focused is more important to me. 1057 00:52:57,120 --> 00:52:59,960 Speaker 1: Cam. That makes perfect sense and I really see that 1058 00:53:00,120 --> 00:53:02,960 Speaker 1: up for you, And thanks for joining us today. This 1059 00:53:03,000 --> 00:53:04,360 Speaker 1: has been so great. 1060 00:53:05,080 --> 00:53:08,120 Speaker 2: That was an excellent conversation. Cat. 1061 00:53:08,200 --> 00:53:13,040 Speaker 1: I mean, I love that Cam restores the top Porsches 1062 00:53:13,040 --> 00:53:15,239 Speaker 1: in the world. But he's not snotty at all. He 1063 00:53:15,320 --> 00:53:18,360 Speaker 1: is not this stuck up guy. He is the most 1064 00:53:18,560 --> 00:53:24,279 Speaker 1: down to earth, nerdy but artistic but cool guy who 1065 00:53:24,320 --> 00:53:26,280 Speaker 1: also has a secret affinity for Donks. 1066 00:53:26,280 --> 00:53:28,960 Speaker 2: True. You know, I'm going to dive into the Donks world. 1067 00:53:29,080 --> 00:53:29,680 Speaker 1: I know you are. 1068 00:53:29,880 --> 00:53:31,680 Speaker 2: By the way, shoot us an email if you like 1069 00:53:31,840 --> 00:53:34,200 Speaker 2: Hot Pursuit at Bloomberg dot net is the address. We're 1070 00:53:34,200 --> 00:53:35,319 Speaker 2: always happy to hear your question. 1071 00:53:35,320 --> 00:53:36,000 Speaker 1: You will write back. 1072 00:53:36,440 --> 00:53:39,359 Speaker 2: We will the whole interview. I was thinking, there's one 1073 00:53:39,400 --> 00:53:42,200 Speaker 2: thought kind of in the back of my mind is, man, 1074 00:53:42,280 --> 00:53:44,800 Speaker 2: his dad must be proud of him, Like, you've turned 1075 00:53:44,800 --> 00:53:47,560 Speaker 2: out well, Cam, You've done it right, dude. 1076 00:53:48,239 --> 00:53:51,000 Speaker 1: So Apple didn't fall from the tree on that, I think, 1077 00:53:51,080 --> 00:53:53,560 Speaker 1: Bob Ingram. 1078 00:53:53,239 --> 00:53:55,719 Speaker 2: I don't know, Bob. I was just thinking, like if 1079 00:53:55,760 --> 00:53:57,880 Speaker 2: I were a dad, I would be proud of a son. 1080 00:53:57,719 --> 00:53:59,439 Speaker 3: Like this, So that's very fair. 1081 00:54:00,160 --> 00:54:02,440 Speaker 2: Yeah, all right, cool, that's all we have for this week. 1082 00:54:03,320 --> 00:54:05,359 Speaker 2: Join us, same time, same place next week. 1083 00:54:05,640 --> 00:54:08,239 Speaker 1: I'm Matt Miller and I'm Hannah Elliott and this is 1084 00:54:08,280 --> 00:54:08,760 Speaker 1: Bloomberg