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One of the truly great things about a LeMons race is that the event is a celebration of all cars. We appreciate the fact that Lamborghini and Ferrari models get all sorts of fanfare throughout the year, but where else will you see a lowly Ford Fairmont cheered around a road track? Nowhere else, we tell you. The races are also an excuse for the lowliest of hardware to rub shoulders with high end metal. Take a recent event at Monticello Motor Club, for example. James Glickenhaus stopped in with hi

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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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The story of the P4/5 Competizione – Click above to watch video after the jump

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

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