Inspired by Ray Anderegg's '27 Ford T that won the AMBR award in 1955, Terry Speer built his version on a stretched frame and customized it with a handbuilt aluminum hood and '41 Ford grille center, '38 Chevy headlights, cut-down drag race seats, a '56 Chevy truck gauge cluster, a 400 small-block, and six Holley 94s. His budget for the homebuilt hot rod? Would you believe $15,000?