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Beefmeister

16,482 posts

229 months

Sunday 20th April 2014
quotequote all
That F1 has been bought by a PHer too - TurboTerrific9.

He had the red Zonda with gold wheels that is at DK now.

Rich_W

12,548 posts

211 months

Sunday 20th April 2014
quotequote all
I think I'd want Murray and Dennis scribble rather than Andretti tbh



re Price. I suppose the better question would be. Was it comparable to others.

i.e It's not the record breaking car at circa $8M/£5M

http://www.goodingco.com/vehicle/1997-mclaren-f1/

(why was that one so much more???)


and it's not the park lane car for £2.5M

http://www.pistonheads.com/news/?storyId=18899

Somewhere in between or are they going higher these days?


Council Baby

19,741 posts

189 months

Sunday 20th April 2014
quotequote all
nellyleelephant said:
Should have signed it!
I did a few signature air bubbles in the paint on some of them, quality control sent them back irked

hurstg01

2,909 posts

242 months

Sunday 20th April 2014
quotequote all
Rich_W said:
I think I'd want Murray and Dennis scribble rather than Andretti tbh



re Price. I suppose the better question would be. Was it comparable to others.

i.e It's not the record breaking car at circa $8M/£5M

http://www.goodingco.com/vehicle/1997-mclaren-f1/

(why was that one so much more???)


and it's not the park lane car for £2.5M

http://www.pistonheads.com/news/?storyId=18899

Somewhere in between or are they going higher these days?

Sorry, I meant that the gentleman that is James Cottingham would never let on that info. If I were told, I would do the same...

I'd imagine, however, that it was a pretty penny or 2.... More than the £2.5m for the 'Park Lane car' and around the £5m+ mark, if not slightly more as the market has moved a fair bit since then.

FourWheelDrift

88,375 posts

283 months

Sunday 20th April 2014
quotequote all
Rich_W said:
I think I'd want Murray and Dennis scribble rather than Andretti tbh



re Price. I suppose the better question would be. Was it comparable to others.

i.e It's not the record breaking car at circa $8M/£5M

http://www.goodingco.com/vehicle/1997-mclaren-f1/

(why was that one so much more???)
Personally endorsed by the man who drove it in and vigorously flogged by charlie Ross - https://www.youtube.com/watch?v=xxXte6Jxxl0

Peloton25

986 posts

237 months

Sunday 20th April 2014
quotequote all
Council Baby said:
I made that name plate thumbup
Very cool - I happen to have one of them in my collection. smile



Funny story (kind of) - the first time I went to see this red F1 it was in the showroom at McLaren San Francisco, as the car previously belonged to the owner of that dealership. A mutual friend of the Sales Director there had alerted (read: warned) him that I was coming, so he sort of knew what to expect. Anyway, he greeted me and opened up the car and was very accommodating. Then at one point he left the room and I happened to have that door plate with me in my bag. I pulled it out and when he got back I held it up while walking towards him and said "Is it okay if I keep this part of the car as a souvenir?" His eyes got wide and he rushed past me to see if the ones attached to the car were still there. He and I have been friends ever since that moment I gave him near heart failure. biggrin

Rich_W said:
I think I'd want Murray and Dennis scribble rather than Andretti tbh
The car was built for Michael Andretti to his specifications as partial compensation for his stint with the McLaren Formula One team in 1993. He didn't keep the car as there wasn't a legal method to import it to the USA when it was completed in 1995 - selling it about a year later to avoid further storage and insurance costs. It's a pretty unique story and an important part of the history on this particular F1.


Rich_W said:
re Price. I suppose the better question would be. Was it comparable to others.

i.e It's not the record breaking car at circa $8M/£5M

http://www.goodingco.com/vehicle/1997-mclaren-f1/

(why was that one so much more???)


and it's not the park lane car for £2.5M

http://www.pistonheads.com/news/?storyId=18899

Somewhere in between or are they going higher these days?

You're a bit out of touch with the market for F1s based on those comments. Prices have moved considerably since the 2008 sale of the Park Lane showroom car. The Gooding car only broke the record for a public sale, and did so by more than double their previous sale in 2010 when Gooding sold another (chassis 062) for $3.575M. Actually the car sold this past August (chassis 066) was expected to sell for significantly more than it did. After the auction completed I had a discussion with Gordon Murray who was there and had presented the car with David Gooding on the stage and we were both surprised by the price given other recent transactions. Consider that one well bought even at $8.47M USD.

This red F1 (chassis 028) was used as a partial trade in a transaction for the previous owner to acquire a 1958 Ferrari 250 Testa Rossa and it's valuation as part of that deal was slightly more than $10M USD or £6M GBP. The new buyer likely paid a bit more on top of that as the seller of the 250 Testa Rossa did not keep the car. This price is still not the current record paid for an F1 road car and I don't see the trend of ever-increasing prices slowing down much unless there is a total market correction.

>8^)
ER

Council Baby

19,741 posts

189 months

Sunday 20th April 2014
quotequote all
I think I've confessed it before - I made about double the number requested and gave the spares to fellow petrol heads wink

Unfortunately my own went in a house fire in around 1997.

roygarth

2,673 posts

247 months

Sunday 20th April 2014
quotequote all
Council Baby said:
Vaguely relevant



I made that name plate thumbup
I supplied the wheel valve dust caps! smile

Don1

15,936 posts

207 months

Sunday 20th April 2014
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TT9? Couldn't have gone to a nicer man.

Peloton25

986 posts

237 months

Sunday 20th April 2014
quotequote all
Council Baby said:
I think I've confessed it before - I made about double the number requested and gave the spares to fellow petrol heads wink

Unfortunately my own went in a house fire in around 1997.
Ouch - sorry to hear about the fire. I am guessing you lost a lot more than the plate. frown

Mine has evidence of coming off an F1 - there's double-sided tape on the underside with some flecks of silver paint that lifted off when removed and one corner is bent a bit where someone used a screwdriver to pry it up. Still a nice piece. smile

>8^)
ER

Rich_W

12,548 posts

211 months

Sunday 20th April 2014
quotequote all
Peloton25 said:
This red F1 (chassis 028) was used as a partial trade in a transaction for the previous owner to acquire a 1958 Ferrari 250 Testa Rossa and it's valuation as part of that deal was slightly more than $10M USD or £6M GBP. The new buyer likely paid a bit more on top of that as the seller of the 250 Testa Rossa did not keep the car. This price is still not the current record paid for an F1 road car and I don't see the trend of ever-increasing prices slowing down much unless there is a total market correction.

>8^)
ER
TBH a swap plus cash type deal always inflates value on 1 or both items. Whether it's F1&250 or 320d+cash for a Golf. Or a bicycle. I'd be interested to have seen it go across the block to see where it ended at. I wonder if because most change hands out of public, that the prices may suffer a bit of "Chinese whispers" and get pushed up. confused

Sounds from the bit in bold that GTR's don't command the same figures? 19R sold somewhere after 2008 for under a £1M (according to the litigation that followed the car LINK anyway)

Whilst I'll never be in the market, I'd much rather have a converted GTR with (all the drawbacks compared to the road version biggrin ) simply for the pedigree


BTW
http://www.pistonheads.com/classifieds/used-cars/m...

Really? Seems legit! laugh


Peloton25

986 posts

237 months

Sunday 20th April 2014
quotequote all
Rich_W said:
Sounds from the bit in bold that GTR's don't command the same figures? 19R sold somewhere after 2008 for under a £1M (according to the litigation that followed the car LINK anyway)
Longtail GTRs have never carried the same premium because they aren't as usable. Still, citing the value of a 2009 sale was ages ago in the collector car world. 28R sold by Bonhams through their Monterey auction in 2012 for $3.85M including the premium. Gooding just sold 21R earlier this year for $5.28M at their Scottsdale event. You'd like to think that auctions tell the whole story but it is one car, one example, one moment to bid. A lot more deals happen behind closed doors and don't always fall in line with what happens at those events.

Watch the video on YouTube of the sale of F1 066 at Gooding last August and notice how long it took them to call the car while they waited for another bid they really thought was coming. It was about three minutes of working the room, but a lot of the big money bidders were over at RM that night. I also know the figure that car's owner was willing to sell the car for in the days leading up to his commitment to enter it in the auction, but he was drawn to the sale through Gooding under suggestions (maybe even promises?) of a bigger payday, which didn't materialize.

If you can find an F1 road car available today for less than $9M you should be buying it.

>8^)
ER

flemke

22,863 posts

236 months

Tuesday 22nd April 2014
quotequote all
Paddy_N_Murphy said:
Caddyshack said:
Paddy_N_Murphy said:
Has Flemke been here recently anyone?
Do we know if he had a driveor interest I the P1?
He said it was almost too fast for the road when he drove it around the TG track. I will let him disclose if he bought one or not.
I have since learnt the answer, thank you....
Don't leave us wondering - what is it?




Rich_W

12,548 posts

211 months

Tuesday 22nd April 2014
quotequote all
flemke said:
Paddy_N_Murphy said:
Caddyshack said:
Paddy_N_Murphy said:
Has Flemke been here recently anyone?
Do we know if he had a driveor interest I the P1?
He said it was almost too fast for the road when he drove it around the TG track. I will let him disclose if he bought one or not.
I have since learnt the answer, thank you....
Don't leave us wondering - what is it?



hehe

CraigyMc

16,307 posts

235 months

Tuesday 22nd April 2014
quotequote all
flemke said:
Don't leave us wondering - what is it?
Well timed.

jester

Rollcage

11,327 posts

191 months

Tuesday 22nd April 2014
quotequote all
ears

flemke

22,863 posts

236 months

Wednesday 23rd April 2014
quotequote all
Paddy_N_Murphy said:
For Flemke to tell - not me

wink
I think the questions were whether I had driven one and whether I was getting one.

I have driven one and have ordered one, to be delivered supposedly in Aug/Sept.

It is an amazing machine - the transformation from quiet, civilised tourer to warp-speed racer and back again is almost the stuff of science fiction - but the F1 is unique.



anonymous-user

53 months

Wednesday 23rd April 2014
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bow

SKN

14 posts

164 months

Wednesday 23rd April 2014
quotequote all
Does this mean we can look forward to a 'Flemke - is this your McLaren P1?' thread?

Sway

26,070 posts

193 months

Wednesday 23rd April 2014
quotequote all
Awesome.

Was the colour choice as difficult as the F1?
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