Petersen Museum Receives $100 Million Donation

Petersen Museum Receives $100 Million Donation

Since 1994, the Petersen Automotive Museum, located in downtown LA has been a must visit attraction for motor heads in the City of Angels.

And now, thanks to a major donation. the museum is likely to go from strength to strength, possibly becoming one of the most renowned locations for automotive exhibits in the world.

Margie Petersen, the wife of  the late Robert E. Petersen who founded Hot Rod and Motor Trend and went on to build a huge automotive and enthusiast publishing empire before opening the museum, recently handed over the hefty donation which includes 135 cars and motorcycles from Petersen’s personal collection, the actual 300,000 square foot building which the museum was previously leasing and an undisclosed amount of cash.

Buddy Pepp, Executive Director of the Museum, said that the donation is “breathtaking” and “will enable us to do all the things we’ve ever wanted to do and allow us to fulfill Bob Petersen’s vision.”

It’s nice to know that in an age where many museums are struggling, it’s nice to know that some, like this one, have a promising future.