That looks technically intact, but you could end up being able to poke a hole in it with your pinky.
It looks suspiciously like it's been sitting there a long time and has discoloured into more of a dull blue than the purple it once was.

You will probably have to paint it and use it strictly for posing purposes. I suggest you buy this plastic primer available at Super Cheap and apply White Knight purple available at Bunnings onto it. At least you will know it's the genuine article under the paint.

I have managed to revitalise the sheen of Victa hubcaps with a small butane torch by running it over the plastic in a rapid sweeping motion several times over sections, after thoroughc scrubbing first. You must be very ginger. You can try a small section to see if it works but be very cautious not to warp the plastic.
Err on the side of caution and don't try too hard because warped or melted plastic is forever. Have a practise on a worn plastic item you don't care about first.

I suspect that catcher is too past it for that to work. Only a suggestion you may be able to use.

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Ahh, if only victa had kept producing the thumblatch catcher series, they would be in better shape today!