Lawsuit Filed Over Repair of NYC Transit Chief’s $1 Million Car

September 7, 2007

An insurance company is suing an airline for damage that a prize-winning $1 million Ferrari, owned by the chairman of the city’s public transportation system, sustained while being brought to this country from Switzerland.

Damage to the car, a 1959 410 Superamerica model, occurred on May 5, 2006, after Singapore Airlines loaded it in Zurich for transport back to New York, say papers filed in Manhattan state Supreme Court.

The car, owned by Metropolitan Transportation Authority Chairman Peter Kalikow, had just won best in show at an auto exposition near Rome when it was damaged, Kalikow spokesman Martin McLaughlin said. While the car was in Singapore Airlines’ custody, jet fuel spilled on it and ruined the finish, he said.

Great Northern Insurance Co. says in court papers it paid Kalikow $32,157.50 to repair the damage and wants reimbursement from the airline.

An airline spokesman said Wednesday he had not seen the lawsuit and could not comment.

Kalikow owns about 20 Ferraris and other vintage and collectible cars, said McLaughlin, who claimed the damaged car was valued at about $1 million.

The MTA, headed by Kalikow for about six years, operates New York metro area buses and subways and commuter trains.

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