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Company press release.

GT40 Gulf/Mirage Lightweight Racing Car Brings Record $11 Million At RM's Friday Monterey Sale  • RM kicks off its 2012 Monterey auction with record-breaking $11 million sale of the 1968 Ford GT40 Gulf/Mirage Lightweight Racing Car, P/1074

• Used extensively as the camera car in 'Le Mans', GT40 sets new world record for the highest price paid for an American automobile sold at auction

• Seven lots achieve individual million-dollar-plus results during RM's Friday sale session; multiple new world records set

• Auction continues today (August 18) with the offering of an additional 60 investment-quality automobiles

The iconic 1968 Ford GT40 Gulf/Mirage Lightweight Racing Car, chassis P/1074, used extensively as a camera car in the legendary Hollywood film, Le Mans, sold for a remarkable $11,000,000 before a packed house at RM's Monterey, California sale last night (August 17), setting a new world record for an American automobile sold at auction.

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 before it was sold to Solar Productions in 1970 and used in the making of Steve McQueen's Le Mans. A star attraction of this weekend's RM sale, the GT40 spurred a spirited bidding war in the room, eventually selling for a sensational $11,000,000 to a standing ovation from the crowd.

The GT40 led a series of seven individual million-dollar-plus sales during Day 1 of RM's highly anticipated Monterey sale, including an exceptionally rare 1955 Ferrari 410 S for $8,250,000 and the supremely elegant, Pebble Beach 'Best of Show' winning 1938 Horch 853A Special Roadster for $5,170,000.

RM Monterey Million-Dollar-Plus Sales (Friday)

1. 1968 Ford GT40 Gulf/Mirage Lightweight Racing Car - $11,000,000 (world record for an American automobile sold at auction)

2. 1955 Ferrari 410 S - $8,250,000 (world record for a Ferrari 410 S sold at auction)

3. 1938 Horch 853A Special Roadster - $5,170,000 (world record for a Horch sold at auction)

4.1938 Talbot-Lago T23 Teardrop Coupe - $2,640,000

5. 1965 Shelby 427 Competition Cobra - $1,485,000

6. 1998 Mercedes-Benz CLK-GTR - $1,100,000

7. 2001 Audi R8 Le Mans Prototype Racing Car - $1,034,000

Additional notable Friday sales included:

• a highly original 1965 Shelby 289 Cobra Mk II, just one lady owner from new, well-surpassed its pre-sale estimate, selling for $792,000;

• a 1974 Ferrari Dino 246 GTS 'Chairs and Flares' attracted fierce bidding, realizing a world record price of $467,500; and,

• a perfectly preserved, time capsule 1989 Ferrari Testarossa also entered the history books, doubling its pre-sale estimate to sell for a world record $264,000.

RM's annual Monterey sale continues today, Saturday, August 18 at the Portola Hotel & Spa and Monterey Conference Center in Monterey, CA. In total, some 120 automobiles will cross the auction podium over the two days as part of the most significant auction offering ever presented on the Monterey Peninsula.

Saturday highlights:

The Saturday sale session is set to further continue RM's strong track record for Ferraris in Monterey with the presentation of a highly coveted 1962 Ferrari 250 GT SWB California Spyder (Est. $7,500,000 - $9,000,000) and an extremely rare 1956 Ferrari 250 GT LWB Berlientta 'Tour de France', the very first of the second series 14-louver design (estimate available upon request). Among other notable entries poised for RM's auction stage on Saturday are a terrific series of racing Porsches, led by the ex-Jo Siffert 1971 Porsche 917/10 Spyder Can-Am Racing Car (Est. $2,900,000 - $3,500,000); a magnificent series of Aston Martins, including a 1955 Aston Martin DB3S Sports Racing Car (Est. $3,500,000 - $4,000,000); and a time capsule 1967 Ford GT40 Mark I, just two private owners from new (Est. $2,300,000 - $2,700,000).

Saturday's sale will also feature a trio of pedal cars, specially customized by some of the country's hottest hot rod builders as part of the Petersen Automotive Museum's Deuce Week celebration of the 80th Anniversary of the '32 Ford. Proceeds raised from the sale of the pedal cars will help fund the museum's Robert E. Petersen Free School Bus Program which brings children from underserved schools to the museum to learn about automotive history.

For those unable to attend the event in person, Internet, absentee and telephone bidding options are available, and the auction will stream live online at www.rmauctions.com, providing real-time coverage of the event.

Complete official results for RM's Monterey sale will be posted online at www.rmauctions.com early next week.

(All figures are reported in U.S. dollars and include the 10 percent buyer's premium)

** Image Credit: The record-setting 1968 Ford GT40 Gulf / Mirage Lightweight Racing Car (credit: Stephen Goodal © 2012 courtesy RM Auctions)

All Auction Results
 
Vehicle
Sold
Estimated Sale Value
  1953 Hudson Hornet Sedan
Chassis#: 216678 
$61,600
no reserve 
$40,000-$60,000 
  1955 Jaguar XK140 MC Fixed Head Coupe
Chassis#: S814293 DN 
$93,500
no reserve 
$75,000-$100,000 
  1968 Mercedes-Benz 280SL Roadster
Chassis#: 11304410002800 
$101,750
no reserve 
$80,000-$120,000 
  1905 Rapid Nine-Passenger Omnibus  $60,500
no reserve 
$80,000-$120,000 
  1963 Porsche 356B 1600 S Cabriolet
Chassis#: 157820 
$151,250  $125,000-$165,000 
  1948 MG TC Roadster
Chassis#: TC 5473 
$66,000
no reserve 
$55,000-$85,000 
  1965 Austin-Healey 3000 BJ8 MK III Convertible
Chassis#: HBJ8L/30063 
$66,000  $50,000-$70,000 
  1965 Jaguar E-Type Series I 3.8-Liter Roadster
Chassis#: 881584 
$82,500  $100,000-$130,000 
  1950 Aston Martin DB2 Coupe
Chassis#: LML/50/13 
$308,000
no reserve 
$375,000-$475,000 
  1952 Jaguar XK120 Roadster
Chassis#: 671615 
$93,500
no reserve 
$90,000-$120,000 
  1932 Ford V-8 DeLuxe Three-Window Coupe
Chassis#: 1870577 
$99,000
no reserve 
$100,000-$130,000 
  1966 Lamborghini 400GT 2+2
Chassis#: 0745 
$352,000  $350,000-$400,000 
  1961 Rolls-Royce Silver Cloud II Drophead Coupe
Chassis#: LSVB 451 
$220,000  $250,000-$325,000 
  1961 Rolls-Royce Silver Cloud II Drophead Coupe
Chassis#: LSVB 451 
$220,000  $250,000-$325,000 
  1965 Shelby 427 Competition Cobra
Chassis#: CSX3014 
$1,485,000  $1,500,000-$1,800,000 
  1956 Austin-Healey 100M 'Le Mans' Roadster
Chassis#: BN2L232348 
$192,500
no reserve 
$150,000-$175,000 
  1960 Ferrari 250 GT Series II Cabriolet
Chassis#: 1805 GT 
$715,000  $600,000-$700,000 
  1955 Ferrari 410 S Berlinetta
Chassis#: 0594 CM 
$8,250,000   
  1965 Shelby 289 Cobra Mk II
Chassis#: CSX 2356 
$792,000
no reserve 
$400,000-$500,000 
  1947 Ford Super DeLuxe Sportsman Convertible
Chassis#: 1967487 
$187,000
no reserve 
$200,000-$250,000 
  1974 Ferrari Dino 246 GTS 'Chairs and Flares'
Chassis#: 07908 
$467,500  $300,000-$375,000 
  1938 Talbot-Lago T23 Teardrop Coupe
Chassis#: 93064 
$2,640,000  $2,500,000-$3,500,000 
  1972 Ferrari 365 GTB/4 Daytona
Chassis#: 15117 
$396,000  $375,000-$475,000 
  1973 Porsche 911 Carrera RS Lightweight
Chassis#: 9113601079 
$495,000  $350,000-$450,000 
  1956 Lotus Eleven Series 1 Sports Racing Car
Chassis#: 189 
$126,500  $100,000-$125,000 
  1932 Packard Individual Custom Twin Six Sport Phaeton
Chassis#: 900331 
$946,000  $1,100,000-$1,400,000 
  1931 Cadillac Series 452 V-16 Special Dual Cowl Phaeton by Fleetwood  $465,000  $650,000-$850,000 
  1989 Ferrari Testarossa
Chassis#: ZFFSG17A5K0080179 
$264,000
no reserve 
$130,000-$160,000 
  1989 Ferrari 328 GTS
Chassis#: ZFFXA20A1K0080610 
$159,500
no reserve 
$120,000-$140,000 
  1949 Jaguar XK120 Alloy Roadster
Chassis#: 670059 
$280,500  $300,000-$350,000 
  1962 Cooper Monaco Sports Racing Car  $176,000   
  1915 Rolls-Royce 40/50 Silver Ghost Limousine
Chassis#: 2BD 
$561,000  $600,000-$800,000 
  1991 Ferrari F40
Chassis#: ZFFMN34A2M0089441 
$715,000  $650,000-$725,000 
  1939 Horch 853A Special Roadster
Chassis#: 854275 
$5,170,000  $6,000,000-$8,000,000 
  1965 Shelby GT350 R
Chassis#: SFM5R106 
$990,000  $900,000-$1,300,000 
  1963 Shelby 289 Cobra
Chassis#: CSX 2048 
$522,500  $550,000-$650,000 
  1961 Cooper T-56 Mark II Formula Junior Racing Car
Chassis#: FJ-2-62 
$198,000
no reserve 
$150,000-$200,000 
  2001 Audi R8 Le Mans Prototype Racing Car
Chassis#: 501 
$1,034,000  $1,000,000-$1,500,000 
  1937 SS100 3.5-Liter Jaguar Roadster
Chassis#: 18081 
$352,000  $300,000-$375,000 
  1968 Ford GT40 Gulf/Mirage Lightweight Racing Car
Chassis#: P/1074 (M.10003) 
$11,000,000   
  1998 Mercedes-Benz CLK GTR
Chassis#: WDB2973971Y000012 
$1,100,000  $1,250,000-$1,500,000 
  1968 Chevrolet L-88 Corvette Owens/Corning FIA/SCCA Racing Car
Chassis#: OCF/T.P.I. 002-68 
Not sold. High bid: $730,000  $950,000-$1,350,000 
  1929 Duesenberg Model J Sport Sedan
Chassis#: 2132 
$990,000  $800,000-$1,000,000 
  1936 Delage D6-70 Milord Cabriolet
Chassis#: 50607 
Not sold. High bid: $1,100,000  $1,250,000-$1,750,000 
  1956 Mercedes-Benz 300SL 'Gullwing' Coupe
Chassis#: 198.0405500707 
$875,000  $850,000-$1,000,000 
  1965 Shelby Mustang GT350
Chassis#: SFM5S479 
$286,000  $225,000-$275,000 
  1960 Mercedes-Benz 300SL Roadster
Chassis#: 198 042 10 002582 
$814,000  $675,000 
  1967 Jaguar E-Type Series I 4.2-Liter Roadster
Chassis#: 1E15457 
$143,000
no reserve 
$140,000-$170,000 
  1950 Mercury Eight Convertible Coupe
Chassis#: 50DA65144 
$82,500
no reserve 
$100,000 
  1937 Rolls-Royce Phantom III Aero Coupe
Chassis#: 3BU 184 
$473,000  $650,000-$850,000 
  1959 Devin SS Sports Car
Chassis#: DSS-001 
Not sold. High bid: $200,000  $250,000-$325,000 
  1914 Mercedes 50 HP Seven-Passenger Touring
Chassis#: 12526 
$528,000  $600,000-$800,000 
  1937 Cord 812 Supercharged 'Sportsman' Convertible Coupe
Chassis#: 32023F 
$310,750  $275,000-$325,000 
  1933 Packard Super Eight Coupe Roadster
Chassis#: 750980 
$253,000  $160,000-$200,000 
  1961 Lotus Elite Series II Coupe
Chassis#: 1205 
$96,250  $100,000-$150,000 
  1963 Jaguar E-Type Series I 3.8-Liter Roadster
Chassis#: 879061 
$165,000
no reserve 
$100,000-$125,000 
  1966 Shelby Mustang GT350 SCCA B-Production Racing Car
Chassis#: SFM6S928 
$159,500
no reserve 
$175,000-$225,000 
  1957 Porsche 356A 1600 Speedster
Chassis#: 83301 
$205,700  $190,000-$240,000 
  1934 Ford V-8 DeLuxe Three-Window Coupe
Chassis#: 18-645230 
$90,750
no reserve 
$90,000-$125,000 
  1971 Porsche 911 'R/T' Coupe
Chassis#: 9111100323 
$132,000
no reserve 
$90,000-$110,000 
  1947 Mercury Station Wagon
Chassis#: WN58063587 
$94,600
no reserve 
$120,000-$140,000 
  1962 Ferrari 250 GT SWB California Spyder
Chassis#: 3119 GT 
$8,580,000  $7,500,000-$9,000,000 
  1967 Fiat 500F
Chassis#: 1612935 
$41,250
no reserve 
$25,000-$35,000 
  1969 Triumph GT6+ Group 44 Factory SCCA Racing Car
Chassis#: KC57687L 
$55,000
no reserve 
$75,000-$125,000 
  1952 Tojeiro-MG Competition Barchetta
Chassis#: RMS1 
$154,000  $140,000-$180,000 
  1967 Austin-Healey BJ8 Phase II MK III Sports Convertible
Chassis#: HBJ8L40531 
$121,000
no reserve 
$90,000-$110,000 
  1964 Jaguar E-Type Series I 3.8-Liter Roadster
Chassis#: 880619 
$126,500
no reserve 
$140,000-$170,000 
  1961 Alfa Romeo Giulietta Sprint Speciale
Chassis#: AR177259 
$132,000  $175,000-$225,000 
  1935 Packard Twelve Dual Cowl Sport Phaeton
Chassis#: 821-202 
$319,000
no reserve 
$280,000-$350,000 
  1972 Ferrari 365 GTC/4
Chassis#: 15197 
$181,500  $140,000-$165,000 
  1953 Bentley Continental R-Type Fastback Sports Saloon
Chassis#: BC16LA 
$1,622,500  $900,000-$1,100,000 
  1935 Hispano-Suiza J-12 Pillarless Sedan
Chassis#: 14022 
Not sold. High bid: $450,000  $750,000-$1,000,000 
  1955 Aston Martin DB3S Sports Racing Car
Chassis#: DB3S/118 
$3,685,000  $3,500,000-$4,000,000 
  1973 Ferrari 365 GTB/4 Daytona
Chassis#: 16339 
$363,000  $350,000-$450,000 
  1981 Porsche 935 JLP-3 IMSA Racing Car  Not sold. High bid: $1,125,000  $1,300,000-$1,800,000 
  1954 Hudson Italia Coupe
Chassis#: IT10011 
$265,000  $350,000-$450,000 
  1963 Shelby 289 Cobra Mk II
Chassis#: CSX 2167 
$627,000  $600,000-$700,000 
  1930 Isotta-Fraschini Tipo 8AS Boattail Cabriolet
Chassis#: 1581 1599 
Not sold. High bid: $1,450,000  $1,750,000-$2,500,000 
  1967 Lamborghini Miura P400 SV Conversion
Chassis#: 3066 
$660,000  $600,000-$750,000 
  1965 Ferrari 275 GTB
Chassis#: 06681 
  $950,000-$1,150,000 
  1987 Porsche 962 IMSA Camel GT Racing Car
Chassis#: 962DR1 (RLR 202) 
Not sold. High bid: $875,000  $1,200,000-$1,600,000 
  1931 Rolls-Royce Springfield Phantom II Henley Roadster
Chassis#: 255AJS 
$687,500  $750,000-$950,000 
  1956 BMW 503 Series I Cabriolet
Chassis#: 69081 
Not sold. High bid: $260,000  $325,000-$425,000 
  1967 Ford GT40 Mark I
Chassis#: P/1059 
$2,860,000  $2,300,000-$2,700,000 
  1967 Ford GT40 Mark I
Chassis#: P/1059 
$2,860,000  $2,300,000-$2,700,000 
  1956 Porsche 356A 1600 Speedster
Chassis#: 82666 
$242,000  $190,000-$250,000 
  1960 Aston Martin DB4GT
Chassis#: DB4GT/0104/L 
$2,035,000  $1,500,000-$1,900,000 
  1929 Duesenberg Model J Disappearing Top Convertible Coupe
Chassis#: 2134 
$1,897,500  $1,800,000-$2,400,000 
  1969 Maserati Ghibli Spyder
Chassis#: 115S1043 
$407,000
no reserve 
$350,000-$450,000 
  1956 Ferrari 250 GT LWB Berlinetta 'Tour de France'
Chassis#: 0585GT 
$6,710,000   
  1931 Chrysler CG Imperial Dual Cowl Phaeton
Chassis#: 7802580 
$363,000  $350,000-$425,000 
  2001 Bentley Speed 8 Le Mans Prototype Racing Car
Chassis#: 002-3 
$2,530,000  $1,900,000-$2,500,000 
  1956 Fiat Series 306/2 Grand Prix Transporter
Chassis#: 3062001625 
$990,000  $850,000-$1,100,000 
  1960 Plymouth XNR
Chassis#: 9999997 
$935,000   
  1932 Packard Individual Custom Eight Convertible Coupe
Chassis#: 194206 
$313,500  $400,000-$450,000 
  1966 Shelby 427 Cobra
Chassis#: CSX 3293 
$819,500  $800,000-$900,000 
  1924 Bentley 3/8-Liter 'Hawkeye Special'
Chassis#: 477 
$671,000  $550,000-$650,000 
  1967 Ferrari 275 GTB/4 Berlinetta
Chassis#: 09523 
$1,485,000  $1,200,000-$1,600,000 
  1964 Shelby 289 Competition Cobra
Chassis#: CSX2290 
$1,320,000  $1,200,000-$1,400,000 
  1967 Aston Martin DB6 Volante
Chassis#: DBVC/3635/R 
Not sold. High bid: $780,000  $850,000-$1,100,000 
  1963 Porsche 904/6 Carrera GTS Factory Works Protoype
Chassis#: 906-002 
Not sold. High bid: $1,575,000  $1,800,000-$2,200,000 
  1962 Aston Martin DB4
Chassis#: DB4/794/L 
Not sold. High bid: $572,000
no reserve 
$475,000-$550,000 
  1966 Lamborghini 350 GT Coupe
Chassis#: 0253 
$365,625  $350,000-$450,000 
  1931 Pierce-Arrow Model 41 Convertible Victoria
Chassis#: 3050235 
$385,000  $425,000-$525,000 
  1998 Porsche 911 GT1 'Strassenversion' (Street Version)
Chassis#: WP0ZZZ99ZWS396005 
$1,175,000  $1,250,000-$1,400,000 
  1925 Renault 40 CV Cabriolet de Ville
Chassis#: WP0ZZZ99ZWS396005 
$264,000  $1,250,000-$1,400,000 
  1937 Peugeot 402 Darl'mat Legere Special Sport Roadster Recreation
Chassis#: 688 928 
$203,500  $150,000-$250,000 
  1967 Ferrari 275 GTB/4 'Competizione Speciale'
Chassis#: 9813 
$1,485,000  $1,100,000-$1,600,000 
  1955 Mercedes-Benz 300SL 'Gullwing' Coupe
Chassis#: 198 040 4500080 
$1,171,500  $950,000-$1,250,000 
  1971 Porsche 917/10 Spyder Can-Am Racing Car
Chassis#: 917/10-002 
Not sold. High bid: $2,750,000  $2,900,000-$3,500,000 
  1967 Mercedes-Benz 280SE Cabriolet 'Low Grille' Factory Prototype
Chassis#: 111025-10-000041 
$220,000  $150,000-$200,000 
  1960 Porsche 356B 1600 Roadster
Chassis#: 88653 
$209,000  $200,000-$250,000 
  2004 Porsche Carrera GT
Chassis#: WPOCA29814L001094 
Not sold. High bid: $295,000  $320,000-$360,000 
  1940 Packard Super Eight One-Sixty Convertible Coupe
Chassis#: 1803-2002 
$390,500
no reserve 
$250,000-$350,000 
  1933 Ford V-8 DeLuxe Three-Window Coupe
Chassis#: 18-442421 
$99,000
no reserve 
$90,000-$125,000 
  1936 Ford DeLuxe Roadster
Chassis#: 18-2441734 
$88,000
no reserve 
$100,000-$125,000 
  1934 Ford DeLuxe Roadster
Chassis#: WP0ZZZ99ZWS396005 
$88,000  $1,250,000-$1,400,000 
  1947 Mercury Station Wagon
Chassis#: 1835043 
$79,750
no reserve 
$95,000-$135,000 
  1940 Packard Super Eight One-Eighty Darrin Convertible Sedan
Chassis#: 1807-2015 
$341,000  $250,000-$350,000 
  1962 Maserati 3500 GT
Chassis#: A.M. 101.1954 
$137,500
no reserve 
$105,000-$145,000 
  1941 Packard One-Ten Deluxe Station Wagon
Chassis#: 1463-2073 
$132,000
no reserve 
$130,000-$160,000 

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