For 1950, Cadillac boosted both its performance and luxury image, by finally surpassing Packard for good in sales and with the help of Briggs Cunningham racing a 1950 Cadillac in the 24 Hours of LeMans in France. Cunningham finished tenth overall - a performance unequalled by any other production luxury car - and achieving a top speed of around 120 mph on the Mulsanne straight and averaging 81.5 mph for the entire event.
Cadillac's entry-level vehicle for 1950 was the Series 61, and was available as a four-door sedan or a club coupe. The upscale Series 62 housed the highly sought after Coupe deVille hardtop and convertible.
For 1950, Cadillac produced just 6,986 examples of the soft-top. This example has been restored and has been awarded a Hershey AACA First Place Junior Award, a Hershey AACA First Place Senior Award and a Hershey AACA First Place. Power is from a 331 cubic-inch overhead valve V8 engine delivering 160 horsepower. There is a four-speed Hydra-Matic transmission and four-wheel hydraulic drum brakes.
In 2012, the car was offered for sale at the RM Auction in Scottsdale, Arizona. It was estimated to sell for $70,000-$90,000 and offered without reserve. As bidding came to a close, the car had been sold for the sum of $66,000 inclusive of buyer's premium.