On January 11th, Peter Mullin, a prolific businessman, philanthropist, and art enthusiast was named as the Chairman of the Petersen Automotive Museum, located near the corner of Wilshire and Fairfax. After a little more than a month in his position, Mr. Mullin has announced a $35 - $40 million dollar plan to fully renovate the exterior of the museum, and drastically enhance its current collection. The OC Register reports that it is anticipated that the changes will be implemented over the course of the coming year, and that Mr. Mullin is confident that he will be able to raise sufficient funding for the project from private donors. Mullin is no stranger to automotive museums--he currently operates his own in Oxnard--and so his ambition and tenacity come as no surprise. Here's wishing him success.