A 1963 Ferrari 250 GTO is pictured above. It was part of bankrupt Kroyman's Ferrari collection sold in a deal brokered by Thomas Hamann. The collection of vintage and collector Ferraris was salvaged from bankruptcy wreckage and sold by Hamann Classic Cars of Greenwich, Connecticut. Founded in 1902 by the great grandfather of current Chairman Frits Kroymans, Kroymans was the exclusive Ferrari Distributor in Holland. The $3 billion automobile empire ended in early 2009, when the company filed for bankruptcy.
"We are thrilled to be a part of the salvation of this very important collection of vintage Ferraris," said Thomas Hamann, Owner of Hamann Classic Cars and Chairman of the New York City Concours d’Elegance, who brokered the deal between the European banks and Tom Price, a prominent classic car collector from Northern California.