MOBILE Ala.
Darrell Westfaul’s 1950 red Ferrari, purchased 41 years ago
in his student days for $1,500, has been sold for $1 million that will generate
scholarships for University of Alabama
students.
Westfaul said he sold his classic auto to a collector and
put the $1 million into a charitable trust that will fund UA scholarships, with
graduates of his alma mater, Murphy High
School, receiving preference.
“Essentially, what I’m doing is giving students a
scholarship to follow my path,” said Westfaul, a 1963 Murphy graduate.
He drove the Ferrari around the UA campus as a senior and on
trips to and from Mobile on
holidays. The car still bears Westfaul’s student parking decal.
After his senior year, Westfaul started converting the
Ferrari from a racing car to a vehicle better suited to his daily needs. But
before he could finish, Westfaul had to devote his time to other matters and
the car went into storage, where it stayed for some 40 years.
The car is now in need of a “total restoration,”
Westfaul said, which could cost around $300,000.
