Kroymans Ferrari collection sold
Thomas Hamann the proprietor of Hamann Classic Cars and chairman of the New York City Concours d’Elegance announced that he brokered a deal between European banks and Mr Tom Price, a prominent classic car collector from Northern California, in order to acquire the Kroymans Ferrari Collection. The collection was one of the most important collections of vintage and collector Ferraris in the world and has now been salvaged from bankruptcy wreckage.
Kroymans was the exclusive Ferrari Distributor in Holland and founded in 1902 by the great grandfather of current Chairman Frits Kroymans. In the early 1970 ‘s, current chairman Frits Kroymans took control and raised the profile of his company by becoming the Ferrari distributor for the Netherlands. In the late 1980s and early ’90s, he started a very ambitious expansion program, distributing Jaguar, Opel, Ford, Kia, Saab, Cadillac, Corvette and other makes.
At the height of the Kroymans Corporation ’s fortunes in 2007 and 2008, the group had 150 companies and 3,900 employees.
In American historic racing circles, Frits Kroymans is best known for the spectacular crash of his Ferrari F399 F1 car in the Monterey Historic races of 2004. He spun on a warm-up lap and hit the tire wall. Nevertheless, the relatively slow crash broke the car in half, leaving his legs hanging out of the remains of the car.
The $3 billion automobile empire filed for bankruptcy early 2009. Hamann said; ‘We are thrilled to be a part of the salvation of this very important collection of vintage Ferraris”. The list of Ferraris purchased by Tom Price includes two spectacular Ferrari 250 GTO ‘s, but also the 2002 Ferrari F1, winner of the US Grand Prix.> Ferrari.com (official website)