The original car was bought from the factory in 1958 by Jim Johnston from Cincinnati, OH. A year later he sold it to Dave Biggs. Biggs went racing and kept the car until it was destroyed in a fire in 1965. Biggs gave the wrecked chassis to a frien, John O'Neil, who saw no use in restoring and aparently ditched the car in a ravine. Later on a road was built and Biggs' son-in-law Dave Feinberg says: "I'm sure that the 0720 TR is burried under the Forest Park Highway".
End of story? Of course not!
In 1981 Dutchman Paul Schouwenberg discovers a TR-chassis in Italy. He buys it and starts restoring. From under the paint the chassis number appears: 0720 TR. Schouwenberg completely restores the car with parts from other TR's and other Ferrari's. (The engine is borrowed from a Tour de France, the front suspension from a 250 GT). Also a new body was sculptured.
Schouwenburg raced the car at a classic meeting at the Nurburgring last year and recently gave the car up for auction. The target price was about 884.000 euro's.
However the car never came 'under the hammer'. Since the late eighties Englishman Rodney Felton claimed to own the 0720 TR. That car had already been sold to German Harald Mergard. Mergard learned of the auction and put a stop to it. He obviously believes he owns the real 0720 TR.
Which leads to the question: how many Testa Rossa's 0720 are there??
Here is the link to the car's history on Barchetta.cc:
http://www.barchetta...720TR.250TR.htm
This is a picture of the Schouwenburg 0720 TR:

The caption says: "The disputable chassisnumber 0720 TR of the Ferrari that was imounded shortly before auctioning. At a closer look the second 'zero' seems to differ from the first one, while the 'two' is slightly damaged. Ageing or fraude?"