Santa Monica Ferris wheel for sale on eBay

To: Michael Jackson
At: Neverland Ranch
Re: Investment opportunity

For sale:

Santa Monica Pier Ferris wheel
* Bidding starts at $50,000 on eBay
* Available to a good home (eccentric pop stars accepted)
* Pier not included

According to the Associated Press:
A 10-day eBay auction began today for a nine-story-tall Ferris wheel at the Santa Monica Pier Pacific Park. (L.A. Now)

The minimum auction price is $50,000 and half of the winning bid — minus fees — will be donated to the Special Olympics. No bids had been made by late Tuesday afternoon.

The wheel doesn’t come with a supporting base but the manufacturer will toss one in for an additional $135,000. The buyer must handle shipping costs for the 122,000-pound wheel.

The wheel has 20 gondolas, is outlined in 5,392 light bulbs and cost $800,000 when it was built.

Next month, the existing Pacific Wheel will be dismantled and replaced by a $1.5-million modern model.

Find the latest amusement and theme park news at the
Los Angeles Times Funland blog: www.latimes.com/funland.

— Brady MacDonald, Los Angeles Times Staff Writer

[Photo: Pacific Park]

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This entry was posted on Tuesday, April 15, 2008 at 5:33 pm by Brady MacDonald and is filed under Family & Kids, Los Angeles, Theme Parks. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a comment, or trackback from your own site.