I’m not old enough to really remember the Ferrari->ke252 Modulo, but I do know some uncles of mine who attest to having knock-off posters of the concept stapled to their walls. The car was a revolutionary wonder back in its day, a space ship-looking oddity that Pininfarina actually designed and developed, and was based on the Ferrari 512S.

These days, the Modulo Concept can be found locked and hidden deep inside Pininfarina’s vault. Or at least it was until Jim Glickenhaus somehow convinced the Italian design house to sell it to him.

Road & Track is reporting as such and there’s no reason to raise an eyebrow on this report. Glickenhaus himself reached out to Road & Track to announce his latest automotive purchase. As if the man doesn’t have enough unique Ferraris to call his own; he’s adding another one to this stable that might win out as the strangest of them all.

Apparently, Glickenhaus isn’t just buying the Modulo; he also plans to rebuild it and unleash it to the world. Road & Track is reporting that the entire build process will take place in Europe before the car makes the voyage back to New York where it will be registered and, well, you know what’s going to happen after that.

Glickenhaus didn’t give an exact timetable on how long the restoration is going to take, but he did say that the Modulo could be prepared and finished in time for the 2015 Concorso d’Eleganza Villa d’Este on May 22, 2015.

R&T

Click past the jump to read more about the Ferrari 512S Modulo Concept By Pininfarina.0}

A concept like the Ferrari Modulo may not be everyone’s cup of tea, but for those who appreciate its futuristic qualities, the concept’s a real one-of-a-kind.

As such, it doesn’t belong in a warehouse or a garage collecting dust. It doesn’t belong in a museum, either, at least not yet. It belongs out on the road as a real smartphone magnet.

That was a big reason why Pininfarina decided to unload the Modulo to Jim Glickenhaus. If there’s one guy who can turn old-school classics into modern-day classics, it’s Glickenhaus. The man’s done it before and as long as he continues to crave for exotics like this one, he’s more likely to restore them and unleash them to the world. That’s what he plans to do with the Modulo and by God, we’re all excited to see him and his crew turn back the hands of time and give the Modulo the modern-day restoration it deserves.

Why It Matters

It goes without saying that the Ferrari Modulo Concept, which was unveiled at the 1970 Geneva Motor Show, was way ahead of its time. Heck, some might even argue that it’s still ahead of its time today. That’s a testament to the work put in by Pininfarina.

The car itself, if you can even call it that, was built using the racing chassis of the Ferrari 512S. Not content with having a Ferrari as its backbone, Pininfarina still decided to give the modulo a dramatic new look. That’s where the canopy-style windshield came into the picture. Same with the four wheels that were all largely hidden, giving the illusion that the Modulo actually floated.

It was also a mid-engine concept that made use of a high-revving, V-12 engine that produces in excess of 550 horsepower. I don’t know about any of you but a 550-horsepower car is impressive enough in today’s world. But back then, it was deemed as a real out-of-this world concept.