The Petersen Automotive Museum has put on the brakes, shutting down for a year while it undergoes an $80 million remodel.
Before closing down, the Miracle Mile museum held a 20th anniversary fundraising bash this weekend with a concert by the Beach Boys. Museum officials announced a new, $125 million fundraising effort to pay for the renovation and museum operations.
The remodel will include extensive changes inside and out of the museum. That includes a striking new exterior wrap that’s being made by the firm that did the exterior of Walt Disney Concert Hall.
The Petersen will also get into the real racing business. Starting next year, the museum host a series of races for professional drivers with vintage cars at a track in Palm Springs.
The museum itself is scheduled to reopen in December 2015.