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He may not have known it at the time, but James Glickenhaus started a small revolution when he commissioned Pininfarina to turn his Ferrari Enzo into a tribute to the legendary 330 P3/4. The P4/5 is what resulted, and Ferrari gave its blessing for it to wear the Prancing Horse emblem – something it hadn't done for a coachbuilt custom in decades. A slew of rebodied Ferraris followed, prompting the factory to launch its own coachbuilding division. But Jim wasn't out of the picture.

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The sexy Ferrari P4/5 Competizione, a cross between the lightweight F430 Scuderia and the race-only F430 GT2 with special Pininfarina bodywork, spent some time in Europe notching a few race victories. But it finally has made its way back to the US and into owner Jim Glickenhaus' collection, where it met its sister car and inspiration, the original P4/5.

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Bloomberg recently sat down with James Glickenhaus as part of its Bloomberg Pursuits series. The 15-minute segment traces Glickenhaus' progression from movie director to money manager and finally to Ferrari collector and creator of the P4/5 Competizione. With plenty of interview footage with Glickenhaus himself, as well as a good long look at the man's $20 million car collection and a segment on his team's efforts at the 24 Hours of Nürburgring, the spot is a comprehensive look at not only

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The Glickenhaus team is hard at work on its Ferrari P4/5 Competizione. The machine was recently spotted getting a thorough thrashing around Imola, and YouTube user Marchettino was kind enough to grab a few clips of the terror in action.

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According to new reports, James Glickenhaus has more big plans for his P4/5 Competizione, eying an entry in the 24 Hours of Le Mans in 2014 with an LMP contender. That year there will be a slate of new regulations that refocus cars around around the amount of energy they use per lap (instead of displacement and air restrictions) and that open up the possibilities for design and privateer competitors.

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Race cars are going hybrid these days. Formula One racers store regenerated brake energy. Porsche packs a flywheel into the 911 GT3 R. Just the other day, Toyota unveiled its new TS030 Hybrid endurance prototype. And now even Jim Glickenhaus' one-off Ferrari-powered, Pininfarina-designed P4/5 Competizione is said to be getting a hybrid powertrain.

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Race cars are going hybrid these days. Formula One racers store regenerated brake energy. Porsche packs a flywheel into the 911 GT3 R. Just the other day, Toyota unveiled its new TS030 Hybrid endurance prototype. And now even Jim Glickenhaus' one-off Ferrari-powered, Pininfarina-designed P4/5 Competizione is said to be getting a hybrid powertrain.

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The 2011 24 Hours of Nürburgring is long over, which means we're due for an update on how James Glickenhaus and his beautiful Ferrari P4/5 Comeptizione fared. Here's the short answer: they finished pretty well. Overall, the car ended up in 40th, but managed a third-place in the E1-XP2 class. Not too shabby.

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Glickenhaus Ferrari P4/5 Competizione – Click above for high-res image gallery

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Ferrari P4/5 hits the track – Click above to watch video after the jump

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Ferrari P4/5 Competizione – Click above for high-res image gallery

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Ferrari P4/5 Competizione – Click above for high-res image

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Ultimatecarpage, with the permission of owner James Glickenhaus, has posted the first three officially sanctioned photos of the Ferrari P4/5 by Pininfarina. The Enzo-based one-of-a-kind tribute to the classic Ferrari 330 P3/4 was not scheduled to be revealed until later this month, but leaks on the web spurred Glickenhouse to action.

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