Skip to main content

Coveted Pair of Ford GT40's Join the Starting Grid For RM's Monterey Sale
AddThis Social Bookmark Button
By: Ford

Coveted Pair of Ford GT40's Join the Starting Grid For RM's Monterey Sale  A coveted pair of GT40s, including a remarkable 1968 Ford GT40 Gulf/Mirage Lightweight Racing Car, chassis P/1074, and a strikingly authentic, unrestored 1967 Ford GT40 MK I, chassis P/1059, are the latest star attractions confirmed for RM Auctions' highly anticipated Monterey sale, August 17–18, in California.

Widely considered one of the most heroic and legendary racing automobiles ever conceived, the GT40 succeeded the Shelby Daytona coupe as Ford's standard-bearer during the infamous Ford-Ferrari wars of the 1960s. Among its many achievements, the utterly dominant GT40 stands proudly as the first American-built racing car to take victory at La Sarthe, and it scored consecutive victories at the 24 Hours of Le Mans from 1966 through 1969. Concurrent road cars featured similar mechanical specifications to its racing counterpart but with slightly less austere cockpits, which included fully upholstered interiors. In total, only 133 of all variations of the original factory GT40 were built before production ceased in 1969.

Continuing its strong track record for offering the world's finest sports and racing cars in Monterey, RM is honored to present two examples of the highly revered GT40 at its upcoming August sale, representing both road and racing variations. Handpicked by RM's expert specialists for the Monterey auction, they join a superlative list of early multimillion-dollar entries.

''The legendary Ford GT40 is without doubt one of the most celebrated and sought after motor cars ever built. Both aesthetically and competitively, it remains a highpoint in the history of American racing and sports car design,' says Shelby Myers, Managing Director, RM California. 'To have the honor of offering one GT40 is a great privilege, but to present two, spanning both sides of GT40 production, is extremely exciting. We are truly honored to have been entrusted by the respective owners of these two cars to present them at our Monterey sale. Previously displayed together at the GT40 30th Anniversary Reunion in Elkhart Lake in 1994, we are thrilled to be reuniting the cars on the Monterey Peninsula in August, where we anticipate strong interest in their sale.'

Coveted Pair of Ford GT40's Join the Starting Grid For RM's Monterey Sale  

Anchoring the illustrious pair is the exceptional, competition-specification 1968 Ford GT40 Gulf/Mirage Lightweight Racing Car, chassis P/1074. The first, by serial number, of several lightweight GT40s built for the J.W.A./Gulf team, this exceptional racing car was completed in 1968 and carries an incredible history from new. Finished in the Gulf team colors of Powder Blue with a Marigold stripe, it raced extensively throughout 1968 from Daytona to Le Mans, as well as the Le Mans trials at the hands of Jacky Ickx. P/1074 was then sold to Solar Productions in 1970 and used extensively as the camera car for Steve McQueen's legendary film Le Mans. Over the following years, P/1074 passed through a well-documented chain of owners, participating in various vintage racing events as well as displays, including the GT40 25th Anniversary Reunion in Watkins Glen and the 30th Anniversary Reunion in Elkhart Lake. Purchased by its current gentleman owner in 2000, it underwent a meticulous restoration before being displayed at the Goodwood Festival of Speed in 2003, where it was driven by Jackie Oliver. P/1074 returned to Goodwood the following year and remains to this day a witness and participant of the racing achievements of its era. (Estimate available upon request.)

'Authentic racing GT40s like this example only come up for auction on the rarest of occasions. Well-known in the collector car world and resplendent in its period correct Gulf team colors, P/1074 boasts a fantastic pedigree having competed on some of the world's most famous tracks. Its provenance is further elevated by its connection to the 'King of Cool' Steve McQueen and its role in his iconic film Le Mans. One cannot overstate the importance of the GT40 in automotive history and this rare opportunity for discerning collectors to become one of an elite few to be able to join the distinguished GT40 owner's club,' adds Myers.

The 1967 Ford GT40 Mk I, chassis P/1059, represents a wonderfully authentic example of the first generation GT40 Mk I. One of just 31 production GT40 road cars, it was dispatched to the United States in December 1966 as one of 20 vehicles selected for the Mk I Promotion and Dispersal Program. Of this group, it was one of six vehicles consigned to Shelby American for promotional use by their field managers. In preparation for this purpose, P/1059 was re-sprayed in the striking colors of pearlescent white with blue stripes. As this paint scheme was authorized by Ford very early in the car's life and implemented prior to private ownership, it can be essentially considered the car's original finish. During the program, P/1059 was acquired by Stark Hickey Ford, a Detroit dealership, where it remained for several years before passing on to Herb Wetanson, of Long Island, New York, a dealer, restaurateur, and one-time owner of six GT40s. It was then eventually sold to its first private owner, Dr. Jack Frost, a noted collector of vintage sports cars, who retained possession of the car for more than 20 years, until it was purchased by its current owner in 2002. A recent inspection by noted GT40 authority Ronnie Spain in October 2011 reported P/1059 displayed only 4,749 miles from new, making it 'without a doubt one of, if not the lowest mileage GT40s in the world today.' (Est. $2,300,000–$2,700,000)

'A time-capsule example, P/1059 ticks all the boxes when it comes to collectability. Not only is it extraordinarily rare, it has desirable low mileage, exceptional documentation, and boasts just two private owners from new,' says Mike Fairbairn, Co-Founder, RM Auctions. 'It will no doubt command the attention of the most passionate sports car collectors, promising its next owner a warm reception at the world's top vintage touring and racing events and even concours d'elegance,' Fairbairn adds.

A tradition spanning over 25 years, RM's highly anticipated Monterey, California sale, held during the same weekend as the prestigious Pebble Beach Concours d'Elegance, returns to the Portola Hotel & Spa and Monterey Conference Center, August 17–18. For further information or to view a frequently updated list of entries for the sale, visit rmauctions.com or call an RM specialist at +1 519 352 4575.

Photo credits:

Top: 1968 Ford GT40 Gulf/Mirage Lightweight Racing Car (credit – Mathieu Heurtault © courtesy RM Auctions)

Second: 1967 Ford GT40 Mk I (credit - Jamey Price © 2012 courtesy RM Auctions)

Photo credit: Ford

   Recent Articles
Pinehurst Concours Returning Champions

VILLAGE OF PINEHURST, N.C. (March 26, 2015) – Two of the nation's rarest collector automobiles will be returning to the 2015 Pinehurst Concours d'Elegance on Saturday, May 2 as display vehicles in the event's newly established 'Circle of Champions.'

Patrons attending the vintage auto showcase the first weekend of May at Pinehurst Resort will have an opportunity to see the event's previous two Best of Show winners – a 1938 Steyr Roadster and 1931 Cadillac 452A – displayed prominently si....
Toyota Exhibit at New York Auto Show Features New RAV4 Hybrid and Tacoma Models, Engaging Activations

Automaker's Display to also Include Mirai Fuel Cell Vehicle, Distracted Driving Simulator with Oculus Rift and Future Mobility Concepts
NEW YORK (March 26, 2015) – Want to see what mobility looks like today? Tomorrow? Visitors to the New York International Auto Show will glimpse exactly that when they check out the Toyota exhibit. They'll see the newest hybrid model in the Toyota line-up, the RAV4 Hybrid. The RAV4 Hybrid, the fuel-efficient iteration of one of the company's best-s....
RECORD SALES AT MECUM'S E.J. COLE COLLECTION AUCTION

• Hammer Sales near $12.3 Million with Sale of Ex-McQueen Cyclone at $775,000


Walworth, Wis. – March 24, 2015 – What took nearly 50 years to accumulate, was dispersed in mere hours as Mecum Auctions offered the 225 motorcycles of the E.J. Cole Collection on March 20-21 at South Point Casino and Exhibit Hall in Las Vegas. Total hammer sales reached $12,270,000 – the most ever achieved by a single vintage motorcycle auction – highlighted by the sale of a 100-year-old Cyclone Board....
JD CLASSICS TAKES TWO PODIUM FINISHES AT SUCCESSFUL GOODWOOD MEMBERS' MEETING

◾JD Classics' Rover 3500 SD1 comes from the back of the grid to take second in the Gerry Marshall Trophy
◾Alex Buncombe piloted the JD Classics Lola T70 Spyder to third-place in the Bruce McLaren Trophy

Maldon, Essex, Tuesday 24 March: JD Classics capped off an extremely successful 73rd Goodwood Members' Meeting with two podium finishes: second-place for its Rover 3500 SD1 and third for its Lola T70 Spyder.

The Rover – driven by JD Classics' own Chris Ward and journalist Chris Harr....
The Elegance at Hershey Announces New Event

The Weird, Wacky and Just Plain Tacky to Invade Hershey

HERSHEY, PA - The Elegance at Hershey has announced a fun new event incorporated into their automotive weekend of festivities. Dubbed, 'Concorso Bizarro,' the tongue-in-cheek car show brings together those mechanical misfits, those automotive abhorrences and the just plain tacky.

The Elegance at Hershey Executive Director and Concorso Bizarro Chairman 'Dyno' Don Stabilito stated, 'We've all seen them. They are the forg....
CORVETTE RACING WINS AT SEBRING, SWEEPS FLORIDA PATRÓN ENDURANCE CUP CLASSICS

◾No. 3 Corvette C7.R Outlasts Porsches In Final Hour For GTLM Win
◾Alex Job Racing Earns 10th Sebring Class Victory In Unpredictable Finish

SEBRING, Fla. (March 21, 2015)–
Porsche's misfortune was Corvette Racing's gain Saturday night as a pair of mechanical issues in the final hour of the Mobil 1 Twelve Hours of Sebring Fueled by Fresh From Florida propelled the No. 3 Corvette Racing Corvette C7.R to the GT Le Mans (GTLM) victory for the second consecutive race to open the TUDOR Unit....
CAR S.O.S. NEW SERIES LAUNCHED TO INTERNATIONAL MEDIA BY FUZZ TOWNSHEND

◾Media launch hosted by National Geographic Channel on 18 March
◾The London Transport Museum was venue for screening and media interviews
◾1962 Healey Sprite racer at the launch featured in special episode of new series

Car S.O.S. presenter Fuzz Townshend announced the new series (Season 3) of the popular TV programme at the international media launch hosted by the National Geographic Channel at the London Transport Museum. The new series will be shown from April 9, at 8pm, on Thursdays. ....
JD CLASSICS TO BUILD ON SUCCESSFUL 2014 RACING SEASON WITH THREE ENTRIES AT 73RD GOODWOOD MEMBERS' MEETING

◾JD Classics is entering three expertly prepared racing cars into the 73rd Goodwood Members' Meeting: a Rover SD1, Lola T70 and Ecurie Ecosse Connaught A-Type
◾The JD Classics race team are looking to build on a hugely successful 2014, that included wins at Monaco Historique and Le Mans Classic

Maldon, Essex, Wednesday 18 March: World-renowned classic car specialist JD Classics will field three expertly prepared competition cars at the 73rd Goodwood Members' Meeting on 21-22 March.
....
2016 Audi R8 V10
2016 Audi R8 V10  2016 Audi R8 V10  2016 Audi R8 V10  2016 Audi R8 V10  2016 Audi R8 V10  
2016 Audi R8 V10 plus
2016 Audi R8 V10 plus  2016 Audi R8 V10 plus  2016 Audi R8 V10 plus  2016 Audi R8 V10 plus  2016 Audi R8 V10 plus  
2015 Ford Focus ST
2015 Ford Focus ST  2015 Ford Focus ST  2015 Ford Focus ST  2015 Ford Focus ST  2015 Ford Focus ST  
2015 Land Rover Range Rover Sport SVR
2015 Land Rover Range Rover Sport SVR  2015 Land Rover Range Rover Sport SVR  2015 Land Rover Range Rover Sport SVR  2015 Land Rover Range Rover Sport SVR  2015 Land Rover Range Rover Sport SVR  
2015 McLaren 650S Le Mans
2015 McLaren 650S Le Mans  2015 McLaren 650S Le Mans  2015 McLaren 650S Le Mans  2015 McLaren 650S Le Mans  
2015 McLaren P1 GTR
2015 McLaren P1 GTR  2015 McLaren P1 GTR  2015 McLaren P1 GTR  2015 McLaren P1 GTR  2015 McLaren P1 GTR  
2014 Aston Martin DP-100 Vision Gran Turismo Concept
2014 Aston Martin DP-100 Vision Gran Turismo Concept  2014 Aston Martin DP-100 Vision Gran Turismo Concept  2014 Aston Martin DP-100 Vision Gran Turismo Concept  2014 Aston Martin DP-100 Vision Gran Turismo Concept  2014 Aston Martin DP-100 Vision Gran Turismo Concept  
2014 Caterham Seven 620R
2014 Caterham Seven 620R  2014 Caterham Seven 620R  2014 Caterham Seven 620R  2014 Caterham Seven 620R  2014 Caterham Seven 620R  
2014 Infiniti Q60 Bobby Unser Edition
2014 Infiniti Q60 Bobby Unser Edition  2014 Infiniti Q60 Bobby Unser Edition  2014 Infiniti Q60 Bobby Unser Edition  2014 Infiniti Q60 Bobby Unser Edition  2014 Infiniti Q60 Bobby Unser Edition  
2014 Jaguar F-TYPE Project 7
2014 Jaguar F-TYPE Project 7  2014 Jaguar F-TYPE Project 7  2014 Jaguar F-TYPE Project 7  2014 Jaguar F-TYPE Project 7  2014 Jaguar F-TYPE Project 7