This 1969 Shelby GT350 was stolen shortly after it was delivered in 1969 and damaged badly enough that the insurance car wrote it off and paid out the owner, and sent the car to the junkyard

The owner was cashed out, and the car was destined for the scrapheap.

 This is where ABC Auto Wreckers of San Leandro, California came into the picture. Jerry Lecatse bought the car and set to work turning it into a race car eligible to compete in the SCCA B Production Class. 

 The original 428 was removed and replaced with a Boss 302 with a more rules-friendly displacement of 302 cubic inches 

In 1982 the car was bought to return it to its earlier SCCA racing specification. But, before work could begin, the car was damaged in a storage facility fire along with 14 other vehicles. 

 The car remained in damaged condition in a new storage facility until Goeringer met famous hot-rodder Doane Spencer, they got to talking about the car and struck a deal to finish it together, repairing the parts that needed it with a donor chassis. Spencer would sadly pass away in 1995 and the project wouldn’t see completion until 2012.

https://silodrome.com/1969-shelby-gt350-race-car/