Jim Glickenhaus’s Ferrari P4/5 Competizione is one of the most fascinating automotive stories ever. It all started with the American businessman’s desire to build his very own Ferrari hyper car based on the Enzo with cues from older models. He did that, but he wasn’t satisfied. So he went on and created a version of that as well. And he just popped in an amazing Nurburgring lap record to show he’s not just a rich old man messing about.

The last Ferrari to set a ‘Ring record was the 599XX track car which managed 6 minutes 58 seconds. So at 6 minutes 51 seconds the P4/5 Competizione is currently the fastest Ferrari ever to go around the Green Hell. Well, it’s not a fully-fledged Ferrari out of Maranello, but it uses the same running gear.

The P4/5’s record is very remarkable, considering it’s mostly the work of a small crew, and the fact that it did it faster than Ferrari’s own stallion – backed by an army of drivers and technicians, and on a private session with no traffic.

Glickenhaus is the ultimate petrolhead. That said, we could all be if had as much dough as him!

via: jalopnik