I thought I’d share the an interview of Ed Pettus (previous owner of this unique vehicle) conducted by Dave Rasdal in is column “Ramblin'” in the Cedar Rapids, Iowa Thegazette.com. I’m interested in his next project.
The Crow Lakester
When Ed Pettus finished building his bullet-shaped Lockheed Lakester a year ago, he didn’t plan to sell it. But, after a whirlwind tour of the car that’s a cross between a jet airplane, a Bonneville Salt Flats racer and a 1930s biplane, he changed his mind.
“I do all of these projects and when I’m done, what do I do?” says Ed who with son Eddie Pettus Jr. has Eddie’s Rod & Custom in Cedar Rapids.
The Lakester, which I wrote about last July, is built around a wingtip gas tank of a 1950s Lockheed Super Constellation and has a steering yoke from a 1948 airplane. Parts came from 1930s Packards, a 1940 Ford tractor and a 1959 Chevy pickup. It has a turbocharged Toyota engine.
From shows in Cedar Rapids and the Quad Cities, it went to Chicago’s World of Wheels, a two-month stay at the Experimental Aircraft Association museum in Oshkosh, Wis., and on display at El Mirage near Long Beach, Calif., where dry lake bed speed runs originated.
“I thought, you know, after that I’m going to take it home and put it in the garage,” Ed says.
But, as a fan of the famous Barrett-Jackson vehicle auction in Arizona, Ed inquired about selling the Lakester. Told it was too late, he sent information anyway and was surprised to become a last-minute entry. It went on the block Jan. 21.
But, this auction doesn’t allow sellers to set a minimum price — if the high bid is $100, the car sells for $100.
Ed had insured the Lakester for $100,000. Bidding opened at $10,000.
“We were a nervous wreck,” he says, referring to his wife, Kathy, and friends in attendance.
Bidding quickly rose, though, to $100,000. Two bidders pushed it to $170,000, the winner from Georgia adding it to his collection.
“We feel so blessed with what we got,” Ed says. He’ll use the extra funds to retire the mortgage on Ellis Boulevard NW property (home and vacant lot) destroyed by the Floods of 2008.
Unsure about what they can do with the property, Ed, 60, isn’t waiting around for another hot rod project. All he says is that it’s a unique truck. “Let people wonder.”
We are going to wonder. Thanks for reading
Tim
Who owns this car now? I building a 1954 Avro Canuk CF 100 interceptor wing tip tank into a AWD Lakester. Ill be finished in march 2019.
Hi Louis, That sounds like a great project. Feel free to send out a couple pic and info and I’ll write up a quick article for you and show off your work. I don’t know who owns the Lakester now. You can give Eddie’s a call ( (319) 393-1937)) but the might not know if it has changed hands since then. They are currently at the SEMA show and then headed to Good Guys in Scottsdale, AZ.