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Racing Buddy of Jailed Owner Bids for His Florida Car Dealership. (Originated from The Miami Herald)
May 6--Ugo Colombo, the Italian developer of the 40-story Bristol Tower on Brickell Avenue, has offered to buy Coral Gables Imports, the exotic car dealership seized by the government after its owner, Armando "Mandy" Fernandez was arrested on drug charges.
Yet, what's not evident from the sales contract that has been approved by a federal magistrate in Miami is that Colombo and Fernandez are fast buddies on the boat-racing circuit.
In 1990 and 1991, Colombo and Fernandez sped to one racing title after another - with the developer as driver and Fernandez as the throttle man. Unlike any other team, they dominated the American Power Boat Association circuit and became …
