STRANGE BUT TRUE: Papa John Pays Big Bucks for Long-Lost Camaro - BodyShop Business

STRANGE BUT TRUE: Papa John Pays Big Bucks for Long-Lost Camaro

The value of a ’71 Camaro sold for $2,800 in 1983 jumped to a quarter million dollars just a quarter century later. Sometimes, it’s all in the buyer.

Papa John’s pizza chain founder John Schnatter sold his beloved gold-and-black Camaro Z28 in 1983 to help save his dad’s Indiana tavern and start what ended up being a global pizza chain, and he used his clout to seek out and buy back the car in August, the Associated Press (AP) reported.

Schnatter so loved the long-lost Camaro that he commissioned a replica of it, which he drove on a cross-country promotional tour this summer. Papa John’s set up a Web site offering $250,000 for the return of the original Camaro, and Schnatter mentioned his quest at promotional appearances with the replica Camaro and in a TV interview last month.

As it turns out, the car had changed hands twice since Schnatter sold it, and lucky for the pizza magnate, the first buyers of the car saw his TV interview and worked to track down the Camaro’s current owner, who returned the car to Schnatter.

“When I first saw it, I still wanted to look it over to make sure it was the car even though I knew it,” Schnatter told the AP. “That kind of hit me emotionally. I was kind of numb.”

The Camaro’s last owner, who bought the car in 2004 for $4,000, received the $250,000 reward, while the person who bought it from Schnatter so many years ago received a $25,000 reward for helping to track it down.

To celebrate the reunion, Papa John’s gave away free pizzas to Camaro owners on Aug. 26.

Visit www.papajohnsinthehouse.com to see photos of the Camaro.

You May Also Like

Cruise Postpones Release of Driverless Taxi Service

Cruise, a GM subsidiary, recently announced that it will miss its goal of launching a large-scale self-driving taxi service in 2019.

Cruise, a GM subsidiary, recently announced that it will miss its goal of launching a large-scale self-driving taxi service in 2019. Cruise CEO Dan Ammann said the company plans to dramatically increase the number of its autonomous test vehicles on the road in San Francisco, but will not be offering rides to regular people this year, according to an article from The Verge.

Cutting Edge Automotive Solutions Partners with Andretti Rallycross

Andretti Rallycross announced that Cutting Edge Automotive Solutions will serve as technical partner on Cabot Bigham’s No. 02 OINK Clothing Beetle for the remainder of the 2019 Americas Rallycross season, showcasing their SP Tools USA brand.

Ford, Volkswagen Expand Collaboration to Include Autonomous, Electric Vehicles

Ford Motor Company and Volkswagen AG announced they are expanding their global alliance to include electric vehicles – and will collaborate with Argo AI to introduce autonomous vehicle technology in the U.S. and Europe.

CCAR Updates Website with More OSHA Alliance Resources

CCAR (Coordinating Committee For Automotive Repair) has announced the addition of new Occupational Safety and Health Administration (OSHA) Alliance content on its main website, www.ccar-greenlink.org.

CARSTAR McLaren Lake Forest and CARSTAR McLaren Irvine Open in California

Owned by husband-and-wife team James and Mary Davis, CARSTAR McLaren Lake Forest and CARSTAR McLaren Irvine are a family business.

Other Posts

CIECA to Offer Webinar on What Businesses Need to Know to Implement CIECA Standards

CIECA will hold its next CIECAst webinar, “Implementing CIECA Standards: Implementation Guide and Appendix C – BMS, Code Lists and Shema Components,” on Tuesday, Dec. 11, 2018 at 11 a.m. CST.

CARSTAR Urges Customers to Stay Winter Ready

Cold weather can create some of the harshest driving conditions of the year. The months between October and February top the list for accidents, vehicle damage and injuries.

CIECA Adds Broadly as Corporate Member

The Collision Industry Electronic Commerce Association (CIECA) announced that Broadly has joined CIECA as a corporate member.

NABR Launches BillableGenie Online Searchable Database of Insurer-Paid Not-Included Procedures

National AutoBody Research (NABR) has announced the launch of its BillableGenie online service, an independent, centralized source of actual data on insurer paid not-included procedures and operations, labor rates, labor rate concessions and other manually entered estimate line items.