Peter Kalikow

What does it really mean to be rich?

Rich isn't just owning mansions and yachts and sports cars.

Rich is when Ferrari designs a sports car for only you.


That's rich.

The 612 Kappa, the first Ferrari designed especially for Kalikow.

Such is the case for Peter Kalikow, who earned a verifiable place in Delorean lore when in May of 1982, he sincerely entertained JZD's pleas for money to keep DMC going.
Coming from a monied family, Kalikow made good for the family name when he successfully expanded his father's and grandfather's New York real estate development and management company.

Kalikow has been in and out of the world of cars for years, when he began his Ferrari collection in the 1960s.
Thinking, "I can do this" he attempted to make his own amalgamation of Italy and America with the Momo Mirage, (below.)
Only a handful were produced when he discovered that it is best not to heavily explore one of the most fantastical ways that a rich man can become a poor man.


While the reality of JZD's saviors were doubted, both Stainless Steel Illusion and The Delorean Story confirm Kalikow's brief involvement. Seeing JZD on the ropes, Kalikow may have warily smelled a bargain.
Was it worth it to get in at a bargain price and become a legend in the automobile industry in his own right?

Apparently it was worth investigating.
But much like Sol Shenk who was to come later, he recognized that the only part of initial value was the rights to distribute the car in North America.


The above Telex from May 10 1982 shows interest from an unknown party in keeping the plant open as long as Kalkow followed through, which, of course, did not happen.

After the DMC affair blew into dust, Kalikow did the unthinkable. He made an even bigger mistake: he bought the New York Post. Some tens of millions of dollars down the drain, he admitted defeat, sold it, and filed for bankruptcy protection.
Although he may or may not like the comparison, like Donald Trump he can attribute his redemption on the turn around of New York Real Estate after the early 90s recession.

Kalikow consolidated all his holdings into 101 Park Avenue and has retired from "real estate deals." For a brief time he headed the Metropolitan Transit Authority.
When he isn't enjoying his 50 or so Ferraris and travelling to Italy to take possession of new ones, he lives on Fifth Avenue across from the Metropolitan Museum of Art with his wife and kids.

The Kalikow Superamerica45, his other bespoke Ferrari.
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