In February, 1978, a Dino 246 GTS was discovered by a group of kids digging in the front yard of their home in Los Angeles. After much speculation and media attention with very few leads, it was eventually concluded that the car, which had been declared stolen four years prior by its owners, had been buried there by the thieves. The-then current residents claimed no part in it and amazingly, no neighbours had reported seeing anything strange (like someone burying a Ferrari) back in 1974. The car was returned to the insurance company that had covered the owners’ loss several years earlier and it was put up for private auction. The Dino went to a young mechanic for $9,000 who managed to fully restored it despite extensive damage (from being buried underground for several years and from the botched removal job from its muddy grave). Since then, historical enthusiasts have been unable to track down the mechanic as he has since moved garage and never left a forwarding address. Three decades after it was unearthed, the Ferrari has yet to be listed on any Dino registry. Is it still on the road? Could the disappearing mechanic have been the one that buried it in the first place? So much mystery still revolves around the buried Dino.
An article from Jalopnik digs a little deeper:
The True Story Of How A Ferrari Ended Up Buried In Someone’s Yard