In this issue (Click on a page number (Click on a page to go directly to it.) number to go Annual directlyGGAHC to it) dinner & meeting report….……….….. Annual GGAHC dinner 1 & meeting report….…. 1 Editor’s Column … 3 Editor’s Column …..... 3 Golden Gate Healey Happenings Calendar …….….… 4 Calendar 4 A Rough…….….…… Road in Collectible Cars…. 4 A Rough Road in Collectible Cars……... Thunderhill Endur- 4 ance Race ………… 7 25-Hour Endurance Rendezvous 2009 7 Race at Thunderhill…. Registration Form. .10 Rendezvous 2009 Newsletter Club.... 10 Registration & Form Golden Gate Austin Healey Club, Inc. Sunnyvale, CA Vol 11, No. 1 January/February 2009 Event Report: TheAnnual GGAHC Holiday Dinner Extraordinary people with a common interest Information ….….. 11 GGAHC members and sympathizers met at The Old Spaghetti Newsletter and Club Factory in Concord on Sunday, December 7 to speak British, Healey Classifieds.. 11 dine Italian, and have some social time. Dinner was preceded Information ….…..… 11 Follow Magoo to Rendezvous! by a planning session for Rendezvous 2009, and of course a lot of work was accomplished in the bar. Volunteers have been identified for some of the tasks that need to be done, but more are needed (see the Editor’s Column.) Continued on page 2 Annual Tech Session at British Car Specialists, Feb 21 Registration form on Page 10 Dave Nock will show us how to manage horsepower See Calendar Page 4 Go to page: 2, 3, 4,Happenings 5, 6, 7, 8, 9, 10, 11 January/February January/February 2009 Golden Gate1,Healey 2009 Page11 Page GGAHC annual dinner (continued) Attendees Loren & Diana Parks Nigel & Linda Rhodes Roger & Donna Hawk Len Hartnett Robert & Marie Sandeman David & Cindy Cross Stephen & Connie Korbay Jim & Ida Morton Nick & Sandra Klein Bill & Carol Putman John & Beverly Soderling Dave & Jerri Nock George Henke Terry & Linda Parsons Kirk & Roberta Polson Dan Sekella Lee & Susan Bardellini George Quintero Cully & Julie Anderson Norman & Shona Nock C. Thomas Following some intensive socializing the group moved to the designated dinner area where introductions commenced. Unfortunately the process broke down because some of the attendees couldn’t remember their names. Dave Nock appealed for Rendezvous 2009 volunteers and conducted the annual business meeting. It was a difficult meeting situation because of the table layout and lack of isolation from other restaurant patrons, but somehow he got through it. After spirited political competition the incumbent officers of the club were reelected. We still need a VP of Events. All in all it was a good time for all (as far as we know), and we look forward to a fun year of events and friendships in 2009. END Golden Gate Healey Happenings January/February 2009 Page 2 Editor’s Column Loren Parks Chico, CA The GGAHC has a busy year planned— especially with Rendezvous 2009. Volunteers are needed for Rendezvous 2009 before and during the event. Tasks include: • • • • • • • • • • • • • • Advertising / Marketing Registration Road Rally Car show at Ironstone Arts & crafts exhibits Funkhana Ladies event Awards banquet Regalia (shirts, hats, patches) Tour setup and guides Tech sessions Program design & reproduction Photography Parking You can volunteer for more than one task. Please let me or any Club officer know if you can help. Participation in the Rendezvous 2009 planning process is welcomed. The next planning sessions will be January 10 and February 14 at Lee Bardellini’s office in San Ramon. See the Calendar section for details. Golden Gate Healey Happenings GGAHC membership renewal Renewals for 2009 h ave bee n mailed. Please look over the information we have on file for you and make corrections—especially if your e-mail address has changed or if you have a first-time e-mail account. Return the form (whether changed or not) to John Trifari along with your renewal check. Newsletter evolution continues Some changes have been made to the newsletter this issue to facilitate computer file readers. The previous format was organized for printing, but nearly 90% of our members now receive only the file version. Changes include keeping multiple-page articles contiguous when possible, inserting some internal navigation links, and eliminating the mailer page from the file version. Chico event—April 25 & 26 A Club trip to Chico is in the works which coincides with the Chico British Car Show. The featured marquee this year is Austin Healey. Participants will assemble in Vallejo and drive through the Napa Valley to Clear Lake, then through Williams. We’ll have a barbeque dinner at my house Saturday evening. More info to follow. January/February 2009 Page 3 Calendar of Events To list an event, contact Loren Parks (530) 893-8643 [email protected]. For a more complete list see the GGAHC web site: www.GoldenGateHealeys.com Saturday Jan 10 and Feb 14, 10:00 am. Rendezvous 2009 planning sessions at the office of Lee Bardellini, 2000 Crow Canyon Place, San Ramon CA, 94583. Contact any Club officer for information. Saturday, February 21, 10:00am. GGAHC annual Tech Session at British Car Specialists , 2060 N Wilson Way, Stockton CA, 95205. Let Dave Nock know if you will attend so he can buy enough pastries. (209) 824-1562 Healeydoc@sbcglobal,net From The Wall Street Journal, November 25, 2008 A Rough Ride in Collectible Cars by Jonathan Welsh For some, the first sign of trouble was a Daytona Spyder. When one of these rare early-1970s Ferrari sports cars turns up at an auction, high-end collectors typically bid aggressively, even fiercely, to acquire it. But at a recent sale in California, one Spyder failed to fetch the minimum bid. In recent years, the vintage car market has soared, led by the priciest European models. But now, as the economy worsens to the point where even the wealthiest collectors feel pinched, demand for million-dollar sports cars is starting to skid. Dealers, auction-company executives and others in the business acknowledge the downturn April 3—5. CSRG Historic Car Races at but say that, until recently, it has mainly afInfineon Raceway, Sears Point. fected the low end of the market: cars costing www.csrgracing.org/ up to about $100,000, many of them American models. And while some insist that FerraSat/Sun April 25/26. GGAHC-sponsored ris, Mercedes-Benzes and Alfa Romeos are tour to Chico on Saturday, and Chico British still holding their value, an increasing number of sellers are looking to unload their cars in a Car Show on Sunday featuring Austin hurry to raise cash after losing their jobs, or a Healey. BBQ Saturday evening at Loren & large chunk of their wealth in the stock-market Diana Parks’ house. Register for show at: plunge, say car auctioneers and others. www.chicobritishcarshow.com. Recently, two of Michael Sheehan's clients Sunday, April 26. Pacific Coast Dream came to him looking to sell their Ferraris in a hurry—an unusual request. "They needed Machines Show, Half Moon Bay, CA. www.miramarevents.com/dreammachines/ cash now," says Mr. Sheehan, a longtime Ferrari broker in Newport Beach, Calif. The cars, lead.html a $110,000 1982 Berlinetta Boxer and a $950,000 1972 Daytona Spyder, wound up selling for about 25% less than they would For Healey Events nationwide, go to the have sold for just a few months ago. Austin Healey Club of America web site: www.serve.com/AHCA/events.htm Continued on page 5 Go to Page 2, 3, 4, Happenings 5, 6, 7, 8, 9, 10, 11 January/February January/February 2009 Golden Gate1,Healey 2009 Page Page24 A Rough Ride...(continued) Both sellers themselves were in hammered industries: One was a home builder from Chicago, and the other a former Lehman Bros. executive from New York. Mr. Sheehan says he and others saw it as a bad omen when the Daytona Spyder failed to sell during an annual weekend of car shows, auctions and racing events on California's Monterey Peninsula in August. The event attracts some of the most sought-after cars and well-to-do collectors, and sales this year included several record prices. Surprisingly, though, there were four Daytona Spyders— which are sleek, shapely twoseat convertibles—up for sale this year by three auction companies. That's considered too many for a car of which only about 120 were made. While one sold for about $1.5 million, two others sold for between $1 million and $1.1 million. The fourth failed to sell because bids fell short of the reserve price. There were other signs of trouble at the summer auto auctions. Mike Regalia was at an auction in Pebble Beach, Calif., in August when bidding began for a Porsche that once belonged to actor Steve McQueen. The auction house's estimate was $125,000 to $175,000, though Mr. Regalia, a Sun Valley, Calif., collector who also restores vintage "Monterey was the swan song," Mr. Sheehan cars, says he thought it would fetch at least says. "Since then the Ferrari market has fallen $200,000. After all, collectors have paid outlandish sums recently for the late actor's property. Bidding on the Porsche slowed just above $100,000. "I realized that the car wasn't going to get anywhere near the number I expected," he says. So he wound up bidding $125,000 and taking the car home. "I hadn't planned on bidding, but I kept thinking, 'These people must be asleep,' " says Mr. Regalia. Continued on page 6 Golden Gate Healey Happenings January/February 2009 Page 5 A Rough Ride...(continued) ing. The price of a 1934 Packard Touring is down 17% on average, compared with two Or maybe they just ran out of money. Amid years ago. The 1957 Ford Thunderbird is the broad economic deterioration of recent down 15%, and the 1940 Ford DeLuxe Coupe months, spending on extravagances like an- is down 40%. tique cars has slowed. In many cases, people can no longer afford even to keep their collec- Market watchers are bracing themselves for tions, says David Gooding, president of Good- the next big round of high-end auto auctions ing & Co., a Los Angeles car auction house. in Scottsdale, Ariz., in January—long a collective barometer of the market's condition. In the past year, many collectors who used Some fear that these auctions may disappoint, home equity loans or other credit to buy the much like this month's New York contempovintage convertible or muscle car of their rary-art sales by the Sotheby's and Christie's dreams have had to sell as the housing and auction houses. The Sotheby's sale totaled credit markets have declined. The same fac- $125 million, well below the low estimate. The tors have kept new collectors from entering Christie's sale brought in $113.6 million, or the market. As a result, many staple collector about half the low estimate. At both auctions, cars like 1957 Chevrolets, 1940 Fords and about a third of the lots failed to sell. 1960s Pontiac GTOs are selling for half what they commanded two or three years ago. For some collectors, the downturn could be a good time to amass a long-coveted vehicle or According to industry tracker CNW Research, long-established classic cars are also sufferContinued on page 7 Golden Gate Healey Happenings January/February 2009 Page 6 A Rough Ride...(continued) The National Auto Sport Association’s are suddenly available. John McCue of Half Moon Bay, Calif., bought a 1958 Mercury Park Lane last summer for $39,000. The 61-yearold retired software executive says it probably cost him about 5% less than the car's value a by Loren Parks year earlier. But since he has pursued the car for years, he knows the former owner wouldn't Having never attended an automobile endurhave sold it then. ance race, I decided to visit Thunderhill on December 6 for the start of the National Auto Sport Association’s 25-hour endurance race— billed as the longest endurance race on the planet. (www.nasa25hour.com/). The photos in this article are a combination of mine and theirs. 25-Hour Endurance Race at Thunderhill Raceway Nearly 70 cars lined up on the track before the 11:00am Saturday start, with the finish scheduled for noon on Sunday. The weather was perfect, spirits were high, and teams were "There are those cars that you think will never busy assembling behind their cars for photos. be for sale, the ones the owners will take to their graves," he says. "Well, now a lot of those cars are changing hands." While many in the collecting business say there will always be enough wealthy people who want vintage cars, others fear the market could be headed for a repeat of its last crash in 1989, when speculators who had no particular interest in vintage cars drove a steep, if fleeting, run-up in prices. Today, more of the buyers are car lovers, but speculation underpins their motives as well. "The love of cars never outweighs the love of money," Mr. Gooding says. END It takes a village to support a car Endurance racing has a formidable set of rules. For example, I was surprised at how quiet the cars were compared to the historic car races I usually attend, then I discovered that car noise cannot exceed 95 decibels measured at a distance of 100 feet. Six car classes are defined by NASA, five of which were represented by the entrants. Continued on page 8 Golden Gate Healey Happenings January/February 2009 Page 7 vices, machine shops, and automotive liquids. There were numerous crew people because There are additional options to which the en- of the need for some to rest periodically. trants may subscribe. For example, six entrants elected to race 6 hours instead of 25, The interiors of production cars are gutted and and some chose to enter fewer than the five refitted to reduce weight and improve safety. The exteriors look normal in most cases exdrivers allowed per car. cept for painted sponsor names and logos. Wandering through the pit area left me im- Sponsors are critical to this expensive sport, pressed with the magnitude of resources it takes to support a car. There were mobile workshops with generators and air compressors, large inventories of parts, and stacks of Thunderhill 25-hour enduro The office (steering wheel removed) and consequently their names seem to cover every square inch of surface. “Grandpa, why does this car have so many tires?” tires. Some teams brought an extra car to use as a source of parts—that’s the most efficient way to transport at least one of everything. Vendors were there with tires and tire ser- The race began on time and, after about an hour, I left. As usual at Thunderhill, there was no narration whatsoever over the PA system. The only way to know the status of the cars was to visit the projection room and view a status sheet which was continually updated. 70 cars ready to race This VW has a 4-cylinder water-cooled VW engine; it’s a parts car. Golden Gate Healey Happenings Continued on page 9 January/February Page 8 The Davids beat the Goliaths in this race; big engines and prototypes didn’t hold up well. My wife, Diana, and I stopped by on Sunday The fastest four cars completed 477 laps in a enroute to the GGAHC dinner in Concord in counter-clockwise direction on the 3.2 mile expectation of seeing the finish of the race at track; that’s enough to unwind anyone’s clock. A total of 271 drivers competed. Thunderhill 25-hour enduro When the checkered flag was waved the Mazdaspeed Team was the overall winner and ES Class winner in a Mazda Miata MX5. Second overall and first in the EO class was the BMW M-3 of Team Achilles Motorsport. Team Dream Motorsports came home third in a Honda and finished second in the EO class A crop duster flew turns over the track noon. Not so. The fog crept in on little cat feet Saturday night and conditions became too dangerous to continue. A car left the track In the mornin’... and became stuck, but nobody could see it even though the driver called in and told them where he was. The race was halted for 7.5 hours, restarted at 5:00am Sunday, and called to a halt at 3:00pm. Total race time ended up being 17 hours instead of 25. Three hours before the finish I counted 51 cars still on the track, but there were undoubtedly some active cars in the pits or workshops when I counted. ...in the evenin’... Golden Gate Healey Happenings ...ain’t we got fun! Race halted due to fog. after a spirited battle right down to the wire with Team Achilles. The all-female team Divaspeed Racing scored 31st overall and 6th in the E2 class. The ladies piloted a Honda Integra. Their all-female effort was plagued by an oil leak that required a lengthy pit stop early in the race. END Pit stop: A fresh Diva enters the car January/February 2009 Page 9 Rendezvous 2009: June 14 to 18, 2009 Name______________________________________Spouse/Guest__________________ Street Address __________________________________________________________ City/State/Zip___________________________________________Country__________ Telephone _______________E-mail _________________________________________ Children attending _______________ __________________ ___________________ (name/age) (name /age) (name/age) Local Club ________________________ National Club _________________________ Attendees must be registered. Fee covers one car and up to two adults, hospitality functions, registration packet, tours and car show. There will be additional charges for other events as specified below. Children under 15 are admitted free of charge. Accommodations at the Jackson Rancheria Resort for Rendezvous 2009 can be obtained only through the Jackson Rancheria after a registration number has been issued. All charges and taxes relating to accommodations and other Resort services are the sole responsibility of the attendee. A registration number will be provided upon receipt of this form. All payments are in US dollars. I would like to participate in ___ Car Show ___ Funkhana ___ Touring ___ Ralley Vehicles to register Model _________________ Year _________ Model _________________ Year _________ Model _________________ Year _________ Registration fees: Registration: ____/@$95 ______________ Additional cars ____/@$25 ______________ Additional adults ____/@$50 ______________ Awards dinner ____/@$40______________ TOTAL ______________ Make check payable to Rendezvous 2009 and send along with this form to John Trifari, 1160B La Rochelle Terrace, Sunnyvale CA 94089. [email protected] Release and Waiver (signature required) By signature below I/we release the Golden Gate Austin Healey Club, the Austin Healey Club of America and any and all other participating organizations, their officers and members, and any and all event sponsors from any and all liability for any loss, damage or other claim resulting from any injury to any person(s) or property resulting from my/our participation in Rendezvous 2009, including travel to and from this event. The car(s) I have registered for this event are covered by liability insurance. __________________________ ______________________________ _____________ Signature Print name Date Golden Gate Healey Happenings January/February 2009 Page 8 Healey Classifieds ADVERTISING RATES (no submittals) Rates effective in 2009 for 10 issues. Full Page (6 ½ ” by 8 ¼”)….……….……...…..$350 One-half page horizontal (6 ½” wide by 4 1/4” high…...…...….…....…...$200 One-half page vertical (8 ½” high by 3 ¼” wide)……………...………..$200 One-fourth page (4” high by 3/14” wide)…….………..………….$120 One-eighth page horizontal (business card) 2” high by 3 ½” wide………...…...……………...$80 Art work must be in JPEG format. The printed version is distributed only in black-and-white. For advertising information contact the editor. Newsletter & Web Site Management Editor: Loren Parks [email protected] 530-893-8643 Distribution of the printed version Golden Gate Austin Healey Club Officers President: David Nock. 209-824-1562 Healeydoc@sbcglobal,net George Henke 707-226-5445 VP Membership: John Trifari. 408-373-6479 [email protected] Web site: www.GoldenGateHealeys.com Webmaster: VP/Counsel and Secretary: Lee Bardellini. 510-582-6246 [email protected] David Cross [email protected] 408-893-4912 VP Treasurer: Dan Sekella. 925-825-8966 [email protected] The Golden Gate Austin Healey Club is affiliated nationally with the VP/Events: Position vacant Advertiser Web Sites If you are interested in more information about our advertisers visit the following web sites: Golden Gate Healey Happenings is the official publication of the Golden Gate Austin Healey Club Inc. and is published for the benefit of its members. Material which appears in Golden Gate Healey Happenings represents the opinions of the authors and does not express the positions of the Golden Gate Austin Healey Club Inc. unless specifically noted. We do our best to insure accuracy, but cannot be held responsible for omissions or errors. Golden Gate Healey Happenings Collins Classics e-mail [email protected] Victoria British www.victoriabritish.com/ January/February 2009 Page 11
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