Rebodied cars and do they get certified

[moparts]

Ok here is something to ponder.

Car 1 say a ZL1 Bought new and raced by origional owner. Has ton's of paperwork from day 1 and picture history of car. After 10 years of racing car is so cut, bent and broke that origional owner can't afford to rebuild car using what is left of origional body. Origional owner finds a good doner body and retags car and continues racing car.(Origional body was crushed, hidden vin numbers along with it, since this was just a race car to origional owner) 30 years later "Fred lots a money" buys car and rebuilds back to show condition spending say $??,???. How much is car worth in todays market with the buyer knowing all the story?

Car 2 ZL1 Found by "Fred" no history, no paperwork, rusted to the ground. Removes hidden numbers and all tags and puts said pieces on a rust free doner car spending the same $??,??? as on car 1. Now same question how much is car 2 worth?

A: 1 worth more

B: 2 worth more

C: 1 and 2 worth same

D: None of the above