UPDATE 1/9/15 – This Omega is back on eBay with a new seller and a higher starting bid. Thanks for the update 57Wayne!

FROM 9/12/15 – It may not look like much in the photo, but this 1967 Intermeccanica Omega is a very special car and with only 33 ever built, it deserves to be saved. It combines Italian style with American engineering, so it possesses many of the attributes of an exotic without the high maintenance costs. Unfortunately, after sitting in storage since 1977, it is still going to take a lot of money to get it back on the road. Some of us will see the potential here while others just won’t get it. Find it here on eBay in West Frankfort, Illinois. Thanks goes to Jim S for the tip!

Most people would look at the project car above and quickly move on, but some of us would stop and marvel at what it could become. Just take a look at this restored Omega that recently sold at auction for $73,7000! With curves only the Italians could pen, it truly is a beautiful automobile. Intermeccanica may have had quite a turbulent past, but for a while there they really turned out some great GT cars such as the Apollo, Italia, and of course the Omega.

Now back to the reality of the task at hand. There is a lot of rust in this poor Omega so it’s going to take a lot of work to get those hand-formed panels back to their former ripple free glory. Even though this car was in storage for all those years, it looks like moisture was a real problem. There is corrosion all over the place and even the wood steering wheel is falling apart. The chunks of what looks like rusty metal on the seats have me nervous too. Hopefully the car is not caving in on itself!

This could be this project’s saving grace. That is a trusty Ford 289 V8 in there! Nothing fancy or overly expensive. This is an engine that can provide loads of reliable power while still being easy to work on. Intermeccanica built the bodies and then shipped them to Holman-Moody where they used their Ford connections to source the mechanicals. It really does seem like this car combines the best of both worlds. Too bad it also inherited those nasty rust genes…