1968 Ford GT40 in Gulf Racing Livery Sells for Record $11 Million

The week around the Pebble Beach Concours d’Elegance is a busy time in the car world.  Collectors and restorers show off amazing vintage and antique cars, brands hawk their latest models and designers show the direction of cars to come with the newest concepts. Being that inundated in automotive culture, one can’t help by get bitten by the car collecting bug.  Thankfully, Pebble Beach also is the time where some of the most amazing and collectable cars come up on the auction block.

This year was no different.  Yesterday RM Auctions held their Monterey classic car auction where a 1968 Fort GT40 / Mirage Lightweight Racing car sold for $11 million, a record for an American car.  

This car, however, was no mere GT40.  In 1967, this particular GT40 was actually a Mirage M.10003 when it won at Spa, becoming the first car to enter the winner’s circle wearing the classic Gulf livery of orange and blue.  In 1968, the car was sent to J.W.A. in England for a few mods, becoming GT40 chassis number P/1074.  But wait, there’s more… In 1968, as a GT40, P/1074 won Monza and is the only Gulf car to win major races as both a Mirage and a GT40.  

After a few more races, driven by the likes of Jackie Ickx, David Hobbs and Paul Hawkins, P/1074 was sold to Tampa, Florida’s David Brown who leased the car to Steve McQueen’s Solar Productions to be used as a camera car while filming Le Mans.  Since then, it’s gone through a complete restoration and changed hands a few times.  This car is a great example of why the GT40 is still one of the most beautiful cars ever made.  For more info and a complete history, click here.

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Author: Nick Glasnovich

Founder & Executive Editor of TickTickVroom.com.

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