For Sale - 1994 348 tb "Factory Challenge" Car | FerrariChat

For Sale 1994 348 tb "Factory Challenge" Car

Discussion in 'Ferraris' started by Ira Schwartz, Jan 2, 2018.

This site may earn a commission from merchant affiliate links, including eBay, Amazon, Skimlinks, and others.

  1. Ira Schwartz

    Ira Schwartz Formula 3
    Silver Subscribed

    May 20, 2003
    1,961
    Brooklandville, MD
    Full Name:
    Ira Schwartz
    1994 Ferrari 348 tb Challenge #098791 (Street titled and tagged)

    Grigio Met. with red interior (the only 348CH in this color)
    22,400 miles

    This is #26 of 32 “Factory Challenge” Ferrari 348 tbs, and is in excellent mechanical condition, having had an engine-out major service completed in April, 2017 by renowned Ferrari specialist, Tim Stanford. Cosmetics are “race car excellent”, with shiny, mostly original paint and straight body with even panel gaps (race livery, including sponsor decals, intact)- one of the benefits of having never sustained any major crash damage! Original OMP “348 Challenge” carbon-kevlar seats reupholstered in red fabric with proper embroidered logos.

    Yes, although it is a bit of a “hair shirt”, I’ve driven this car numerous times to/from track days at PBIR, Sebring and Homestead without any issues- other than the noise (from the unsilenced Challenge exhaust) and heat (no a/c, of course, although I do have the components stored if one were inclined to re-install)!

    This was a race car since new, having competed in the Ferrari Challenge series in 1994 and 1995 on the Lake Forest Sportscars team, and retains its full Challenge race equipment (including Speedline magnesium Challenge wheels- 8”x18” front, 10”x18” rear), with the following being the only deviations from “as raced” spec:
    1. Upgraded Brembo big brake rotors and calipers

    2. Roll cage side impact bar removed (left in the garage, as I drive this car to/from the track and value ease of ingress/egress)

    3. Toyo R888 “R Compound” race tires substituted for the original Pirelli D3 slicks- again, I drive to/from the track, so full slicks are too risky)
    4. Window net removed (again, left in the garage, as I drive this car to/from the track)

    In addition to the items noted above as being stored in the garage, the car also comes with the following spares:
    1. Odyssey race battery

    2. OMP fire bottle

    3. Set of beautiful Fikse wheels, excellent condition (8”x18” front, 10”x18” rear), mounted with Goodyear Eagle F1 tires (old, but with lots of tread)
    Includes complete factory tool kit (even the tire inflator bottle is there), leather binder with all books except service booklet, red Ferrari car cover, and a 348 Parts Manual.

    Car comes with complete ownership and service history from “Day 1” in a 3-ring binder (including the original window sticker and Warranty Card branded “CHALLENGE”), as well as some, but not all, race history. This is not my first Challenge car, but it has certainly been the best, both mechanically and cosmetically. Unfortunately, age and worsening orthopedic issues dictate that it go to someone who will be able to get more use from it, while preserving a piece of Ferrari Challenge history.

    The car is located in Florida, and will be on-track on Thursday during the Cavallino Classic, and otherwise available that weekend if you’d like to see it.

    Price: $175,000 (Ferrari street car trades of comparable value considered- 3-pedal 430?)- I'm not interested in engaging in a protracted discussion about price, and will only note that this is far below both the outlier price a similar 348CH achieved at the Ferrari Maranello Auction in September ($289,800 !!) and the only other comparable one currently on the market, so far as I know (asking $208,000).

    Happy to answer questions via PM or email me directly at: [email protected] .
    Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login
     
    Schatten and Robb like this.
  2. Ira Schwartz

    Ira Schwartz Formula 3
    Silver Subscribed

    May 20, 2003
    1,961
    Brooklandville, MD
    Full Name:
    Ira Schwartz
    Robb likes this.
  3. Mmckee

    Mmckee Formula 3
    BANNED Silver Subscribed

    Sep 30, 2016
    2,339
    Alta Loma, Ca
    Full Name:
    Mike
    Very NICE.
     
  4. SupercarGuru

    SupercarGuru F1 Rookie
    Sponsor

    Dec 14, 2003
    3,743
    Fl
    Full Name:
    John Temerian
    WOW. History. What a car!!
     
  5. Ferrari 308 Vetro

    Ferrari 308 Vetro F1 Rookie

    Nov 12, 2012
    4,426
    Austria
    Cool oice, good luck ::)
     
  6. nismodrifter

    nismodrifter Formula Junior

    Jun 11, 2008
    530
    YYC/YVR
    Full Name:
    Navdeep
    Niiiiiiiccccce
     
  7. cnpapa24

    cnpapa24 F1 Rookie

    Jan 19, 2014
    3,630
    NOLA
    Full Name:
    Chris
    Great car. Best of luck!
     
  8. Ira Schwartz

    Ira Schwartz Formula 3
    Silver Subscribed

    May 20, 2003
    1,961
    Brooklandville, MD
    Full Name:
    Ira Schwartz
    THANKS, all- much appreciated!
    I'm genuinely ambivalent about selling, but at 65 years of age with increasing back, knee and shoulder issues, I think maybe it's time to acknowledge that this is becoming a lot more work than it used to be . . .
     
  9. malex

    malex Formula 3
    Silver Subscribed

    Dec 5, 2007
    1,245
    FL
    Wow. Sorry to see you selling such a great car Ira. I sold my 348CH a few years ago, and really regret having done so. I'd love to have it back. But I get the age thing. I've been noticing that it gets just a little bit harder each year to get into my 355 and the seats somehow seem to shrink a bit with time. ;)
     
  10. Ira Schwartz

    Ira Schwartz Formula 3
    Silver Subscribed

    May 20, 2003
    1,961
    Brooklandville, MD
    Full Name:
    Ira Schwartz
    I'm okay once I'm in- it's climbing around the roll cage, getting over the high seat bolsters, and getting belted up that's painful! And as much as I dislike power steering, the manual steering rack is starting to take a toll! I hate admitting that I'm old, but the older of my two grand-daughters starts college in the Fall, so who am I kidding? :)
     
  11. Jasonberkeley

    Jasonberkeley Formula 3

    Apr 23, 2017
    1,321
    NW Corner, CT
    Full Name:
    Jason Berkeley
    Wow. Gorgeous car. Best of luck with sale!
     
  12. Ira Schwartz

    Ira Schwartz Formula 3
    Silver Subscribed

    May 20, 2003
    1,961
    Brooklandville, MD
    Full Name:
    Ira Schwartz
  13. bjwhite

    bjwhite F1 Rookie

    Mar 17, 2006
    4,685
    Seattle, WA
    Full Name:
    Brian White
    Wow, a proper color combo! LOVE IT! Good luck with your sale. Beautiful.
     
  14. 87testa

    87testa Formula Junior

    Dec 24, 2006
    274
    Toronto, Ontario
    Great car! Look forward to seeing it and meeting you at the track during Cavallino.
    GLWS
     
  15. desmomini

    desmomini F1 Rookie
    Owner Rossa Subscribed

    Nov 18, 2003
    3,919
    Upstate SC
    Full Name:
    Jeff
    Gorgeous car. I'll be stopping by the track at Cavallino as well.
     
  16. Juan-Manuel Fantango

    Juan-Manuel Fantango F1 World Champ
    Rossa Subscribed

    Jan 18, 2004
    12,453
    Full Name:
    Juan
    #16 Juan-Manuel Fantango, Jan 15, 2018
    Last edited: Jan 15, 2018
    Image Unavailable, Please Login Nice car Ira, I guess our cars may have raced together as Lake Forest did the first conversion for the Challenge Series on my ex Jim Kenton car. After that it was on to FoWash. These are great cars on the street or rallies, and nothing sounds as good as a full on Challenge car carving up the canyons. You know, you've been there. I don't drive mine much anymore as well. Was thinking of that today in fact. Will miss seeing you out there...don't forget to have that one last party before saying goodby. I love these cars, someone will realize that this is a rare car and a good price. GLWTS
     
  17. Ira Schwartz

    Ira Schwartz Formula 3
    Silver Subscribed

    May 20, 2003
    1,961
    Brooklandville, MD
    Full Name:
    Ira Schwartz
    THANKS for the kind words, everyone.
    I'll be on-track at Cavallino on Thursday, so please stop by and say hi!
     
  18. Ira Schwartz

    Ira Schwartz Formula 3
    Silver Subscribed

    May 20, 2003
    1,961
    Brooklandville, MD
    Full Name:
    Ira Schwartz
    Stumbled across this old photo and thought you all might enjoy it, although it dates from back in April, 2012 (Sebring FCA track event).
    Image Unavailable, Please Login
     
    Robb likes this.
  19. Juan-Manuel Fantango

    Juan-Manuel Fantango F1 World Champ
    Rossa Subscribed

    Jan 18, 2004
    12,453
    Full Name:
    Juan
    love it!
     
  20. margarita

    margarita Formula 3

    Mar 20, 2011
    1,617
    usa
    beautifull car GLWS
     
  21. Ira Schwartz

    Ira Schwartz Formula 3
    Silver Subscribed

    May 20, 2003
    1,961
    Brooklandville, MD
    Full Name:
    Ira Schwartz
    The car ran flawlessly at PBIR during Cavallino last Thursday- will try to post a couple of short videos when time permits.
    Have had a couple of serious inquiries (and a third I need to follow up on), but it remains available for now.

    Image Unavailable, Please Login
     
  22. Ira Schwartz

    Ira Schwartz Formula 3
    Silver Subscribed

    May 20, 2003
    1,961
    Brooklandville, MD
    Full Name:
    Ira Schwartz
    FWIW, I just found another old photo of the car- this one shows it wearing its spare set of Fikse wheels. They're handsome, but I much prefer the Speedline Challenge wheels, and haven't had the Fikse set on in years.
    Image Unavailable, Please Login
     
    Buzzl and of2worlds like this.
  23. Dogdoc1

    Dogdoc1 Rookie

    Jan 28, 2016
    19
    Philly
    Bump for your beautiful and well documented car Ira -from the owner of another 348TB challenge. These cars are special and yours is top notch.
    Alan
     
  24. Ira Schwartz

    Ira Schwartz Formula 3
    Silver Subscribed

    May 20, 2003
    1,961
    Brooklandville, MD
    Full Name:
    Ira Schwartz
    THANKS, Alan! As I think I mentioned in the original post, this is not my first 348CH, but it's certainly the best I've had, both mechanically and cosmetically- the service/ownership/race history is a nice bonus too. I knew the car's prior owner- and the one before that, too- so I was comfortable with the fact that it had been maintained without regard to cost by folks who appreciated it.
     

Share This Page