conceptcarz.com

Image credit: © conceptcarz.com (Reproduction Or reuse prohibited).

1974 McLaren M16C

  • Chassis Number: M16C-5
Driven by Johnny Rutherford, this 1974 McLaren was the winner of the 1974 Indianapolis 500 after starting in 25th place. He shot up to 12th place after only three laps. A battle ensued between Rutherford and A.J. Foyt for about 50 laps, until Foyt blew an oil line. Rutherford took the lead and never looked back. He won the race by a full 22 seconds and lapped every car in the field except second-place Bobby Unser.

Johnny Rutherford and the McLaren had quite a year winning two additional races and placing in the top ten a total of eight times in 1974.

In the 1970s, McLarens won three Indy 500s.

This was the first Indy 500 win for Rutherford, who won two more.
There, toward the back of the field of 33 cars for the 1974 Indianapolis 500 would be an orange-livered McLaren adorned with the number '3'. Starting 25th, Johnny Rutherford's chances seemed slim despite having set the second-fastest lap speed during qualifying of 190.446mph.

Qualifying would be one thing, the race would be another thing entirely. By just the 3rd lap of the race Rutherford would be up to 12th. Over the next 100 laps Rutherford would continue his ascent up the leaderboard until he became embroiled in a battle with A.J. Foyt for the lead. The two would duel it out for nearly 50 laps until Foyt retired with a broken oil line. Over the remaining 60 laps, Johnny would lead 59 of them and would end up streaking underneath the checkered flag 22 seconds ahead of 2nd place Bobby Unser, the only driver still on the lead lap with the McLaren.

The rather surprising victory in the Indianapolis 500 would be just one of three victories earned by chassis M16C-5 over the course of the 1974 season. The other two wins would come at the Milwaukee 150 and the Pocono 500. However, M16C-5's race career would actually begin the previous season when Rutherford captured the pole for the Indy 500 with the car at an average speed of 198.413mph. Unfortunately, the disaster of a race would be very frustrating for Rutherford. Following an early accident that took the lives of a couple of drivers, Rutherford would struggle with issues over the course of the race and would eventually hang on to finish 9th.

M16C-5 would be quite a different car heading into 1974. The fears and concerns after the tragic race in 1973 would lead to USAC officials reducing the size of the rear wing and the fuel tanks. Additionally, the limits on the turbochargers would be reduced in an attempt to slow the cars down. It seemed these changes would adversely affect Rutherford's race. However, he would overcome all and would enjoy an absolutely dominant victory; just one of a number achieved by the talented Texan.

Late in 1976 M16C-5 would be sold to WalMotor, a private team owned by George Walther and Salt Walther. Salt Walther would use the car in an attempt to qualify for the 1977 Indianapolis 500. He choice of a race-winning machine would be sound, but by 1977 the car would not be able to achieve the speeds necessary to qualify for the race. Graham Mcrae would use M16C-5 to try and do the very same thing the next year but would face the same fate.

Finally having reached the end of its competitive life, M16C-5 would be purchased by Rick Carroll in 1978 and he would have the car restored to how it appeared when it took victory in the famed 500 mile race in 1974. The car would remain with Carroll until his death in 1991, at which time it would come up for sale.

It would take a record sum for an Indycar for McLaren principal Ron Dennis to be prohibited from purchasing the car. By the end of the century the car was not in good working order. However, at the turn of the millennium M16C-5 would be returned to working order and would make a number of appearances, often with the very driver it had won the Indy 500 with back in '74. In 2005, Indy 500 drivers would be celebrated at the Amelia Island Concours d'Elegance and M16C-5 would be there. It would be a very special occasion and it would be topped off with Rutherford signing the McLaren.

The following year, again at Amelia Island, M16C-5 would earn the First in Class award among the 'Cars of Johnny Rutherford'. The award would be, fittingly, a bronze model of itself. That same year, just prior to the Indy 500, Rick Hamlin would take M16C-5 on some pace laps of the Brickyard providing a very special step back in time to when it crossed the finish line all alone to achieve victory.

M16C-5 would continue to have a busy life after racing. In 2009, the car would earn First in Class at the Meadow Brook Concours d'Elegance. It would be first in class for the 'Cars of Bruce McLaren'. Later that year, Rutherford would reunite with the McLaren and would take part in runs at the Goodwood Festival of Speed. This would be repeated in 2011 as part of the celebration of the centennial of the Indianapolis 500. During 2011, M16C-5 would spend a good deal of time at the Indianapolis Motor Speedway Museum also as part of its celebration of the race's centennial.

Even now, when the Indy 500 has had nearly four decades of victors since the McLaren's triumph in 1974, M16C-5 still takes top honors.

The 1974-winning McLaren M16C-5 would end up selling for the price of $3,520,000 at the 2013 RM Auctions event in Monterey.

By Jeremy McMullen
The McLaren Company was founded in 1963 by New Zealander Bruce McLaren. Mr. McLaren had many successful seasons as a driver with Cooper before starting his own team with a heavily modified Cooper Zerex known as 'The Jolly Green Giant.' The first McLaren badged car was built in 1964.

The McLaren cars raced at Indianapolis Motor Speedway from 1970 to 1982. They won on three occasions. The McLaren team is the only team to have won Formula One, Indy 500, Can-Am, and LeMans championships. They were the first to design a car using a carbon fiber monocoque. The team currently competes in Formula One competition, which they won in 2008.

Johnny Rutherford won the Indianapolis 500 three times, twice with Team McLaren in 1974 and again in 1976, and then once with Jim Hall's Chaparral team in 1980. His first win took three hours and nine minutes and paid $245,032.

After his Offenhauser engine blew on the first day of qualifying. Rutherford qualified on the second Saturday. Although second fastest overall, he had to start 25th. Starting positions are earned on the basis of fastest time within the day you qualify. On race day, Rutherford had a fantastic start, moving up to third place by lap twelve. Later, he battled with race leader A.J. Foyt, until Foyt's turbocharger expired. Rutherford led 59 of the last 60 laps and went on to win with an average speed of 158 mph, lapping the entire race, except for Bobby Unser, who finished second.

This is the McLaren M16C that took 'Lone Star JR' to his first victory at Indianapolis, restored just as it was that day in May.

2013 RM Auctions - Monterey

Sale Price :
USD $3,520,000

Recent Sales of the McLaren M16C

(Data based on Model Year 1974 sales)
1974 McLaren M16C Indianapolis
Chassis#: M16C-5
Sold for USD$3,520,000
  2013 RM Auctions - Monterey
1974 McLaren M16C image  1974 McLaren M16C image  

McLaren M16Cs That Failed To Sell At Auction

1974 McLaren M16C's that have appeared at auction but did not sell.
VehicleChassisEventHigh BidEst. LowEst. High

Vehicles With Comparable Market Values

Similar sales to the $3,520,000 range.
2016 Koenigsegg Agera RSR
Chassis#:YT9ML1A21FA007123
Sold for $3,380,000
2024 RM Sothebys : Dubai
1990 Ferrari F40
Chassis#:ZFFGJ34B000084116
Sold for $3,360,000
2024 RM Sothebys : ModaMiami
2015 PORSCHE 918 SPYDER WEISSACH
Chassis#:WP0CA2A12FS800325
Sold for $3,525,000
2024 Gooding : Amelia Island Concours
1972 FERRARI 365 GTB/4 DAYTONA SPIDER
Chassis#:15277
Sold for $3,635,000
2024 Gooding : Amelia Island Concours
1966 Ferrari 275 GTB/6C Alloy by Scaglietti
Chassis#:08259
Sold for $3,485,930
2024 RM Sothebys : Paris
1956 MERCEDES-BENZ 300SL GULLWING COUPE
Chassis#:1980406500225
Sold for $3,410,000
2024 Barrett-Jackson : Scottsdale AZ
1992 Ferrari F40
Chassis#:zffmn34a3n0092396
Sold for $3,410,000
2024 Mecum : Kissimmee
1974 McLaren M16C vehicle thumbnail image  
1973 Ferrari 365 GTS/4 Daytona Spider by Scaglietti
Chassis#:16689
Sold for $3,391,680
2023 RM Sothebys : Munich
1972 LAMBORGHINI MIURA P400 SV
Chassis#:5066
Sold for $3,580,000
2023 Gooding & Company : Pebble Beach
1974 McLaren M16C vehicle thumbnail image  1974 McLaren M16C vehicle thumbnail image  
1966 FERRARI 275 GTB
Chassis#:08545
Sold for $3,415,000
2023 Gooding & Company : Pebble Beach
1974 McLaren M16C vehicle thumbnail image  1974 McLaren M16C vehicle thumbnail image  
1966 Ferrari 275 GTB/6C Alloy Berlinetta
Chassis#:08157
Sold for $3,410,000
2023 Mecum : Monterey
1974 McLaren M16C vehicle thumbnail image  1974 McLaren M16C vehicle thumbnail image  
1953 FERRARI 250 MM SPIDER SERIES II
Chassis#:0274 MM
Sold for $3,525,000
2023 Gooding & Company : Amelia Island Auction
1974 McLaren M16C vehicle thumbnail image  
1967 FERRARI 275 GTB/4
Chassis#:10803
Sold for $3,525,000
2023 Gooding & Company : Amelia Island Auction
1974 McLaren M16C vehicle thumbnail image  1974 McLaren M16C vehicle thumbnail image  
1967 Ferrari 275 GTB/4 By Scaglietti
Chassis#:09505
Sold for $3,383,215
2023 RM Sothebys : Paris
1971 Lamborghini Miura P400 SV by Bertone
Chassis#:4926
Sold for $3,580,000
2023 RM Sothebys : Arizona
1974 McLaren M16C vehicle thumbnail image  1974 McLaren M16C vehicle thumbnail image  
1967 Ferrari 275 GTB/4 by Scaglietti
Chassis#:10325
Sold for $3,360,000
2023 RM Sothebys : Arizona
1974 McLaren M16C vehicle thumbnail image  
2022 Porsche 911 'Sally Special'
Chassis#:WP0AB2A91NS222257
Sold for $3,600,000
2022 RM Sothebys : Monterey
1974 McLaren M16C vehicle thumbnail image  1974 McLaren M16C vehicle thumbnail image  
1967 Ferrari 275 GTB/4 by Scaglietti
Chassis#:09425
Sold for $3,525,000
2022 RM Sothebys : Monterey
1954 Maserati A6 GCS/53 Fiandri Spyder
Chassis#:2071
Sold for $3,564,026
2022 Artcurial : Le Mans Classic
2019 Bugatti Chiron Sport
Chassis#:VF9SP3V34KM795215
Sold for $3,360,000
2022 RM Sothebys : Amelia Island

1974 McLaren M16C

Additional valuation insight and sales data
History
Specifications
Image gallery

1974 McLaren M16C Vehicle Profiles

1974 McLaren M16C vehicle information
Chassis #: M16C-6
1974 McLaren M16C vehicle information
Chassis #: M16C-5