2019 Monterey weekend set for record sales
The original 1968 Mustang Bullitt is joining an ultra-rare McLaren F1 Le Mans-spec and the Porsche Type 64 in Monterey this week
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Just how much will an all-original Ford Mustang from the 1968 Steve McQueen classic Bullitt go for? Arguably the most iconic of several Blue Oval cars going under the hammer at Mecum's auction at the end of the Monterey Car Week, some are expecting it to fetch a significant six-figure sum, particularly because this car was the one to feature most in those iconic San Francisco car chase scenes. But even if it exceeds predictions, McQueen’s battered ‘Stang will be far from the biggest earner at the Californian event.
That title looks set to go to a McLaren F1, which is just one of two (here's the other) to be produced in Le Mans race specification back in 1994. It was then upgraded at the turn of the century with a race-tuned version of BMW’s iconic V12 producing 680hp, as well as a High Downforce Kit that added the enormous front splitter and rear wing, but the original cream leather interior remained, helping this to become arguably the most intoxicating mix of race and road tech in a McLaren F1. As such, the RM Sotheby's estimate is $21-23 million.
The McLaren’s biggest threat – in terms of sale value – is the Porsche Type 64, a competition car first commissioned by the Nazis to compete in a race from Berlin to Rome in 1939. The race never happened as Europe fell into conflict, but the innovative, Beetle-based 64’s legacy includes inspiring the 1948 Porsche 356, which set Porsche on the path that created the 911. That’s quite the lineage, so it could fetch more than $20m in the RM sale – making it the most valuable Porsche to go under the hammer yet.
Then, of course, there are dozens more iconic cars and racing machines, as well as no shortage of new metal to be shown on the Pebble Beach lawn. There’s a stunning 1957 Aston Martin DB2/4 MkII racer and a 1978 IMSA-spec BMW 320i Turbo for sale, while the limited-run Brown Lee Performance-fettled Mustang GT (the latest one!) will be shown on the Pebble Beach lawn. It comes dressed in Gulf colours in dedication to the 1968 and 1969 Ford GT Le Mans 24 Hours winners and produces a rather healthy 808hp. Yes. Please.
Are you at the show, or have you a favourite car you’d sell an organ for? As always, let us know in the comments below.
I thought a muscle car was an ordinary car with a big fast engine. Therefore a Mustang isn't a muscle car because it wasn't 'ordinary' in the first place .
There were 5 F1 cars made I believe, all orange. I think Mclaren own 3 still don't they with Ron and Mansour Ojjeh owning the other 2? Wasn't Lewis offered one if he won another WDC for Mclaren but went to Mercedes and picked up several more WDC instead?
An actual Mclaren F1 LM must be worth a lot more than one of the 60 + standard ones, even with changes.
http://catalogue.rmsothebys.com/books/uqsz/#p=1
F1 up tonight (early morning here)
There were 5 F1 cars made I believe, all orange. I think Mclaren own 3 still don't they with Ron and Mansour Ojjeh owning the other 2? Wasn't Lewis offered one if he won another WDC for Mclaren but went to Mercedes and picked up several more WDC instead?
An actual Mclaren F1 LM must be worth a lot more than one of the 60 + standard ones, even with changes.
6 LMs were made
LM1 to LM5 and XP1LM
XP1 is the prototype car still owned and displayed by McLaren from time to time.
AFAIK (Peloton25 is the Oracle)
LM1, LM4 and LM5 are owned by the Sultan of Brunei (and not seen publicly since sale)
LM2 is owned by an American collector
LM3 is owned by Ralph Lauren (yep that one)
Plan was for them all to be McLaren "papaya Orange" But the Sultan allegedly has 2 in the schemes below.
https://exclusivecarregistry.com/filter?cars&m...
Erik and Flemke estimate a genuine LM to be $30-35M if one ever came to market. Which is unlikely. With the Brunei cars being the least desirable as they'll need complete recommissioning costs! (pick a number!) Due to them being stored badly
As an aside LM is somewhat different from the GTR race cars that have been converted to road legal
Some YT content
https://www.youtube.com/watch?v=K1EYcXT01Dw
I believe this is LM2
Some nice bits of information there S1KRR.
I still have a poster of the XP LM on my wall that I got in Autocar,probably 20 years ago now.
The LM is the ultimate version of the ultimate car ever made,those people who own one are very very lucky.
Just wondering,if the Sultan of Brunei is so wealthy and he own's so many iconic cars why would he not have the correct
facilities to correctly store the cars?
I can't imagine if he own's an example or two of something like the LM,they aren't being looked after and cared for the way they should.
Or maybe the fact he has such a huge collection it's hard to keep them stored in the right conditions and facilities in the hot and humid climate in Brunei.
facilities to correctly store the cars?
I can't imagine if he own's an example or two of something like the LM,they aren't being looked after and cared for the way they should.
Or maybe the fact he has such a huge collection it's hard to keep them stored in the right conditions and facilities in the hot and humid climate in Brunei.
https://www.gizmodo.com.au/2011/03/the-sultan-of-b...
Some associated reading
https://blog.dupontregistry.com/celebrity-cars/sul...
Full list on that site.
https://lovecars.com/mclaren-f1-005-from-brunei-to...
Chris Evans (jointly owned) car is ex Brunei
Seems if you have the connections and the cash you can liberate a car from the Kingdom. Whether you'd actually want it once you found out restoration costs who knows. If a full F1 rebuild is over £1M (estimate based on Atkinsons car costing £910K and 16 months to rebuild LINK HERE ) do you want to jump through all the hoops just to buy a Sultan car for £xM (Probably over market value) then have to return it to Woking for a couple of years and those resto costs? As Erik said elsewhere you'd need to get a full pre purchase inspection done, probably by the factory. So that's another £20K on getting their guys and their equipment out there, in a hotel, just to thoroughly look over a car for a day or 2
When you can just call one of the well known F1 brokers in the UK or Europe and get a car that you can drive and enjoy in a week or two? I don't think the truly minted are used to the idea of waiting for things like you and I are!
IIRC
The other LM engined car was a shade over £11M (4 years ago)
Rowan Atkinsons old car was circa £8-9M. (2016ish?)
But conversely the yellow "delivery miles" F1 was circa £13M in 2017
Probably more a case of the market finding the correct value for an F1. Rare as these cars are, there's still a lot of them (relatively) around, being cared for and looked after. A potential buyer still has a chance of finding one for sale if they have the right contacts.
EDIT TO ADD
Conversely 014 . A road car with the High Downforce Kit fitted (HDF)
Was listed for sale last year for $22M (just under £18M) This is an ex Sultan car as well. But so far as I can find, it hasn't sold. My understanding is that a) Sultan cars are less desirable generally due to the lack of care whilst in that ownership and b) the market wasn't ready for that car to be that much.
https://www.youtube.com/watch?time_continue=135&am...
It "seems" that when they started the bidding at $13M the screens put up $30M! If you listen to the auctioneer he's talking in 500K intervals. $14,500,000 then $15M etc But whoever is putting in the details is hearing 40 instead of 14 and 50 instead of 15!
In the end the reserve was set at $20M and as the highest actual bid was $17M it didn't sell.
Doesn't reflect very well on RM Sothebys though! They charge a lot to be in their auctions. You expect perfection!
There's a vid on Top Gears YouTube channel of Harris driving it. It's such a cool thing.
https://www.youtube.com/watch?v=HaDWPBco07w
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