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1979 BMW E26 M1 Coupe

The BMW M1 was produced in limited numbers from 1978 to 1981. It was essentially a homologation special that was virtually hand-built. It had a tube frame and a 24 valve, fuel-injected 277 horsepower engine with six separate throttle butterflies, four valves per cylinder.

The M1 was designed by ItalDesign's Guigiaro. BMW had originally commissioned Lamborghini to work out the details of the car's chassis, assemble prototypes, and manufacture the vehicle. BMW would later resume control over the project in April 1978, after Lamborghini's financial position meant they were unable to proceed with the project.

Commissioned by mid-eastern royalty, and shipped back to Munich, this car was converted into a street-legal pro-car. It is a well-documented car with many interesting features.

In 2007 this 1979 BMW M1 was brought to the Monterey Sports & Classic Car Auction presented by RM Auctions, where it had an estimated value of $120,000 - $140,000. It is powered by a 3.5-liter twin-cam six-cylinder engine rated at 277 horsepower. There are a five-speed manual transmission and four-wheel vented disc brakes.

There were a total of 456 examples of the M1 created; 41 road-going examples were created in 1979 (38 Race versions). In 1980, there were 188 cars produced with 178 being road-going examples - 10 were race versions. For 1981, there were 188 cars built with only eight being race versions.

This example is of those 41 road-going cars created in 1979. It was delivered in 1980 by Styling Garage Spezialkarosserien of Hamburg featuring many aesthetic upgrades to bring it in line with the racing versions of the M1. Its first owner was the Prime Minister of Qatar, Sheikh Abdullah bin Khalifa Al Thani. It was sent back to Germany in the 1980s and then to the US shortly thereafter.

This car features BBS wheels, extensive bodywork finished in the typical blue and red BMW racing striping, white leather interior, and matching red, white, and black patterns.

At the auction, the estimated value proved to be accurate as the lot was sold for $121,000 including buyer's premium.

In 2009, this M1 Sport Coupe was offered for sale at the Houston Classic Auction presented by Worldwide Auctioneers and held in Seabrook, Texas. The lot was estimates to sell for $90,000 - $120,000. Bidding reached $70,000 but was not enough to satisfy the reserve.

2017 Worldwide Auctioneers : Scottsdale, AZ

Pre-Auction Estimates :
USD $390,000-USD $440,000 
Lot was not sold

2009 Worldwide Auctioneers : The Houston Classic Auction

Pre-Auction Estimates :
USD $90,000-USD $120,000 
High Bid (Lot was not sold)
USD $70,000

2007 Monterey Sports and Classic Car Auction

Pre-Auction Estimates :
USD $120,000-USD $140,000 
Sale Price :
USD $121,000

1979 BMW E26 M1 Auction Sales

Recent Sales of the BMW E26 M1

(Data based on Model Year 1979 sales)
1979 BMW M1 Pro-car
Chassis#: 9430-1053
Sold for USD$854,000
  2011 Bonhams - Quail Lodge Sale
1979 BMW E26 M1 image  1979 BMW E26 M1 image  
1979 BMW M1
Sold for USD$178,365
  2011 Rétromobile
 
1979 BMW M1 Coupé
Chassis#: 4301 166
Sold for USD$264,000
  2010 Bonhams - Royal Mirage, Dubai
 
1979 BMW E26 M1
Sold for USD$121,000
  2007 Monterey Sports and Classic Car Auction
1979 BMW E26 M1 image  1979 BMW E26 M1 image  
1979 BMW M1 Roadgoing Procar
Sold for USD$105,840
  2007 The Florida Collector Car Auction
 
1979 BMW M1 COUPE
Sold for USD$60,500
  2002 Barrett-Jackson - Scottsdale 2002
 

BMW E26 M1s That Failed To Sell At Auction

1979 BMW E26 M1's that have appeared at auction but did not sell.
VehicleChassisEventHigh BidEst. LowEst. High
1979 BMW M1WBS000000943010682024 Artcurial : Retromobile $500,000$600,000
1979 BMW M1WBS599100043012312017 Worldwide Auctioneers : Scottsdale, AZ $390,000$440,000
1979 BMW M1 Groupe 5 Le Mans943010592015 Rétromobile by Artcurial Motorcars $700,000$900,000
1979 BMW M1 Pro-car Competition Coupé4301 0662011 Bonhams Power by BMW BMW Powered Motor Cars, Motorcycles & Related Automobilia $450,000$500,000
1979 BMW M1 Pro-car Competition Coupé4301 0662011 Bonhams Power by BMW $450,000$500,000
1979 BMW E26 M1WBS599100043012312009 Worldwide Auctioneers : The Houston Classic Auction$70,000$90,000$120,000

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1979 BMW E26 M1

Additional valuation insight and sales data
History
Specifications
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Other BMW E26 M1 model years

1979 BMW E26 M1 Vehicle Profiles

1979 BMW E26 M1 vehicle information
Coupe
Designer: Giorgetto Giugiaro
Chassis #: 9430-1053
1979 BMW E26 M1 vehicle information
Coupe
Designer: Giorgetto Giugiaro
Chassis #: ABE B218 59910004301289
1979 BMW E26 M1 vehicle information
Gruppe 5 Turbo Coupe
Designer: Giorgetto Giugiaro
1979 BMW E26 M1 vehicle information
Coupe
Designer: Giorgetto Giugiaro
Chassis #: WBS59910004301231