The best news for California car collectors was the passage of SB 42 which has been signed by Governor Pete Wilson to be effective January 1, 1998. It basically exempts pre 1974 model cars from any smog checks, and in 2003, all cars over 30 years old will be exempt. Will this have an effect on values of street driven Ferraris? I think any 1967 to 1973 Ferrari just got more attractive to California collectors!
We?ve had some very successful fun events in the last month, from the Newport Concours to the Santa Ynez Ride and Drive. See articles in this issue. Newport wants to put more emphasis on Ferraris in 1998, as they were really happy with the cars that were shown this year. The Palos Verdes Botanical Gardens Picnic was fun. This event was done with the South Bay Pantera Club. Our joint efforts resulted in a check for $435 given to the Botanical Gardens.
The Board would like to formally thank Rose Cogan for spending nearly all day at the Los Angeles Grand Prix selling FCA Club Regalia. She brought in over $2,000 that day!
The Board is working hard on the Events Calendar for 1998, and if anyone has any ideas, let me or Michael Lederman, Events Chairman, know.
Our Board Meetings are open to all members. Let me know if you would like to attend.
The Ferrari Owner?s Club has invited members of the FCA to attend their annual Christmas Party. See the ad in this issue.