The video above is chock-full with history, life, humor, old cars, and towards the end, the restoration of the oldest Porsche->ke1 car in existence. The short exposé follows the story of Luciano Rupolo, the grandson of an Italian immigrant who grew up enjoying perhaps the most legendary racing->ke447 period, only to eventually come across an abandoned rusted hulk that resembled an early Porsche. Turns out, it was something very special.

As Luciano elaborates approximately 10 minutes into the video, he discovered the car wasting away in a repair shop. Years of pestering the shop’s owner, 250,000 Liras (roughly $180) and a scheme about grand theft auto later, the car was his.

Even more years go by before he discovered what he’d actually purchased. After an eye-opening trip to the Porsche Museum->ke2323, he began researching the car. Turns out, the car wore the chassis number of 004. Since car number 003 has been registered in 1949 – one year after Luciano’s – and cars 001 and 002 are no longer in existence, that made his Porsche the oldest in existence.

He spent years attempting to restore the car back to its original condition. During that time, Wolfgang Porsche himself caught wind of Luciano’s car and offered to buy it. He refused as he felt Mr. Porsche was lowballing his offer. “You keep your money,” Luciano told him. “I keep your car.”

Fast forward to 2012 and Luciano had fallen into a difficult financial time and ended up selling the car. Even more unfortunate is the lack of knowledge of the buyer. Rumors suggest a Swiss collector now owns it – the same collector who owns car number 003.

.