1968 Ford GT40 Competition Coupe / GT40P/1073 Vehicle Information

1968 Ford GT40 photograph

1968 Ford GT40 photograph

1968 Ford GT40 photograph

1968 Ford GT401968 Ford GT401968 Ford GT40
Competition Coupe
Chassis #: GT40P/1073
This 1968 Ford GT40 Competition Coupe has chassis number GT40P/1073 and was first owned by racing privateer Terry Drury from Rainham, Essex. Drury had been racing chassis number 1005 and in the winter of 1967-1968, was able to purchase this example from JW Automotive Engineering Limited of Slough, Buckinghamshire. The vehicle was purchased as a bare GT40 monocoque chassis plus components. The car was assembled by Drury to his racing specifications. The car was given a tail body section with a design that was taken from a Paul Hawkins mould. Mounted mid-ship was a Ford 289 cubic-inch V8 engine with Weslake heads and Tecalemit-Jackson fuel injection. There engine was mated to a ZF gearbox. The exterior of the car was finished in an 'orangey-gold colour.'

The car made its racing debut on April 7th of 1968 at the British BOAC '500' World Championship. The car was driven by Keith Holland during the first part of the race, until he brought it into the pits due to a potential problem with the engine. Drury took over the reigns and determined the car required a plug change. The car was raced for 91 laps before it retired prematurely due to a loss of oil pressure in the engine.

The next race for 1073 was at Monza in the 1000 Kilometers race. For this race, the car had been fitted with 48IDA twin-choke downdraught Weber carburetors and the fuel-injection system was removed. This race was also short for the 1073, as it again experienced mechanical difficulties. The car as spun by Drury and it crashed into a barrier.

The car was rebuilt and repaired and brought to Sicily for the Targa Florio. This time, the newly fabricated body panels were painted in white. The car ran five of the ten laps.

At Nurburgring, driving duties were shared by Drury and Terry Sanger. The car made its first racing finish, and was able to secure a 34th position overall. A week later, the car was competing at Spa in torrential rain. The car performed magnificently for twelve laps before a clutch failure side-lined the car for the day. All of the twelve laps had been driven by Drury.

In June, the car was sold to Ron Fry who added the car to his magnificent collection of racing pedigree. The purchase was intended for club-racing, which would undoubtedly overwhelm the rest of the racing field. The car was repainted in red and brought to the Castle Combe aerodrome circuit on July 13th of 1968. It easily finished ahead of the competition. A month later, it was driven to a 2nd place finish at Thruxton. On August 31st, the car finished in 1st place at Silverstone. At Brands Hatch, the car was overturned and required a rebuild.

Fry purchased a new chassis JW Automotive and began the task of rebuilding the car. Before it could be completed, he had been persuaded by his family to retire from racing. The chassis was sold to Karl Davis of Bristol who kept the vehicle in unassembled form. The car components and two chassis changed hands a few times before coming into the possession of Bryan Prynn. Suspension components from chassis number 1006 were used. Once completed, the car was painted orange and black and fitted with wide alloy wheels. The tail section of the body had been widened to accommodate these larger wheels. The car was registered for road use and later sold to Glynis Childs in Much Wenlock, Shropshire. Childs used the car in 1970 and 1971 in sprint and hill climb competition. After 1971, it was stored until 1979 when it was sold to Martin Johnson in Newton-le-Willows. Under Johnson's care, the car was used sparingly. In 1982, it was sold to George Stauffer who commissioned a two-year restoration. During the restoration, the car was traded with Nick Soprano who took delivery after the restoration. Possession of the car was later passed to the Rosso Bianco Collection.

This car was offered for sale at the 2006 Bonhams & Butterfields auction held at the Quail Lodge in Carmel, California where it was estimated to sell between $700,000 - $900,000. Sadly, a buyer was not found and the car left unsold.


By Daniel Vaughan | May 2007


2006 Bonhams & Butterfields at The Quail Lodge, Resort & Golf Club

Pre-Auction Estimates :
USD $700,000-USD $900,000 
Lot was not sold

Recent Sales

(Data based on Model Year 1968 sales)
1968 Ford GT40 Gulf/Mirage Lightweight Racing Car
Chassis#: P/1074 (M.10003)
Sold for USD$11,000,000
  2012 RM Auctions - Monterey
1968 Ford GT40 image  1968 Ford GT40 image  

Vehicles That Failed To Sell

1968 Ford GT40's that have appeared at auction but did not sell.
VehicleChassisEventHigh BidEst. LowEst. High
1967 Ford GT40 Mk IVJ-102018 Gooding & Company : Pebble Beach $2,500,000$3,000,000
1968 Ford GT40 MK IV 2006 Bonhams & Butterfields at The Quail Lodge, Resort & Golf Club $700,000$900,000

Comparables

Similar sales to the $11,000,000 range.
1958 Ferrari 250 GT LWB California Spider
Chassis#:1055 GT
Sold for $9,905,000
2019 Gooding & Company : Pebble Beach
1968 Ford GT40 vehicle thumbnail image  1968 Ford GT40 vehicle thumbnail image  
1932 Bugatti Type 55 Roadster
Chassis#:55213
Sold for $10,400,000
2016 Gooding & Company : Pebble Beach
1968 Ford GT40 vehicle thumbnail image  1968 Ford GT40 vehicle thumbnail image  
1933 Alfa Romeo 8C 2300 Monza
Chassis#:2311218
Sold for $11,990,000
2016 Gooding & Company : Pebble Beach
1968 Ford GT40 vehicle thumbnail image  1968 Ford GT40 vehicle thumbnail image  
1982 Porsche 956
Chassis#:956-003
Sold for $10,120,000
2015 Gooding & Company : Pebble Beach Concours
1968 Ford GT40 vehicle thumbnail image  1968 Ford GT40 vehicle thumbnail image  
1964 Ferrari 250 LM by Scaglietti
Chassis#:6045
Sold for $11,550,000
2014 RM Auctions at Monterey
1968 Ford GT40 vehicle thumbnail image  1968 Ford GT40 vehicle thumbnail image  
1935-36 ALFA ROMEO 8C-35 Grand Prix Racing Monoposto
Chassis#:50013
Sold for $9,939,375
2013 Goodwood Revival
1968 Ford GT40 vehicle thumbnail image  1968 Ford GT40 vehicle thumbnail image  
1968 Ford GT40 Gulf/Mirage Lightweight Racing Car
Chassis#:P/1074 (M.10003)
Sold for $11,000,000
2012 RM Auctions - Monterey
1968 Ford GT40 vehicle thumbnail image  1968 Ford GT40 vehicle thumbnail image  
1936 Mercedes-Benz 540 K Special Roadster
Chassis#:130949
Sold for $11,770,000
2012 Gooding and Company - Pebble Beach Auction
1968 Ford GT40 vehicle thumbnail image  1968 Ford GT40 vehicle thumbnail image  
1931 Duesenberg Model J Long-Wheelbase Coupe
Chassis#:2478
Sold for $10,340,000
2011 Gooding and Company - Pebble Beach Auctions
1968 Ford GT40 vehicle thumbnail image  1968 Ford GT40 vehicle thumbnail image  


Vehicle information, history, and specifications from concept to production.

Follow ConceptCarz on Facebook Follow ConceptCarz on Twitter RSS News Feed

Conceptcarz.com
© 1998-2020 Conceptcarz.com Reproduction or reuse prohibited without written consent.