Nice ride for his daughter and son in law! I would love to have the GT 40 or the Cobra. Fabulous cars, and there is a lot you can do with them. You can actually do more with those old cars than the Ford GT, but the latter is, shall we say, a more practical daily driver. GT 40s and Cobras can -- and should -- be raced and rallied at events all around the country. It's great fun and lots of great folks.
I can't think of any other sport, with the exception of golf, where you have the legends of the sport showing up at vintage events, receiving adoration from fans, and continuing to participate. Having a vintage car is the key to opening up this world. Vintage cars are a wonderful thing, I highly recommend them.
I imagine those cars will go to auction or will go to someone he knows or trusts. Both the Cobra and GT 40 are in big demand; the people who follow them know where most of them are!