Gulf/Mirage Lightweight
Chassis #: P/1074 (M.10003)
One of the most iconic photographs of a race finish at Le Mans would have to be the famed 1966 24 Hours of Le Mans. With headlights blazing a path forward, spray kicking up on the rain-soaked front stretch and the three Ford GT40s crossing the line near in formation, no image would more emphatically declare Henry Ford II's desire to take victory and beat Ferrari.The Ford GT40 would be special in a number of ways. Not only would it be fashioned as a result of an intense manufacturer battle, but it would also be the first to use extensive computer technology. Unfortunately, this also means the GT40 would introduce an era in motor racing in which only those with great amounts of capital could expect to achieve success. Still, the GT40 would become a truly iconic GT car.But if the GT40 is a truly iconic endurance sportscar, then the Ford GT40 that would be made available for purchase in the 2012 RM Auctions' event at Monterey would be noted for its exceptional exploits.
Soon after Ford had come to win Le Mans with its demonstrative one-two-three victory in 1966, and then again in 1967, the Ford factory would pull its backing from the GT40 program, but development would continue. The GT40 had already introduced a number of new technologies and techniques that were befitting of Ford's desire to remake Ford's image into a more youthful one, but the innovations and technologies that would continue to be introduced on the car after the pull out of Ford would help give birth to a whole new generation in motor racing.
The following year would see some challenges for the J.W.A./Gulf Team. FIA regulations would reduce prototype engine size to five-liters in Group 4. This would require the team to ship the car back to England for conversion. The engine size needed to be reduced, but the car also needed to lose a little weight in order to remain competitive. Therefore, Mirage, chassis number M.10003 would change and would become GT40, chassis number P/1074.As a result of the new regulations, the chassis would be the first to undergo the necessary updates. It would also be the first of three GT40s to be constructed using a new construction material.A rather brand new material known as carbon-fiber would be developed and made for use in motor racing manufacturing. Reportedly one of the first, if not the first, to make use of carbon-fiber panel fabrication, chassis P/1074 would undergo a great deal of work to help lighten the chassis to overcome the performance lost from the reduction in engine size.The new car would retain its Mirage substructure forward of the windscreen, but it would make use of Stage II ventilated disc brakes, a lighter-weight frame and a lightened roof. Carbon-fiber would be used in the panels for the fully-vented spare wheel cover, wide rear arches, engine coolers and the vented rear panel.Upon conversion, the GT40 would make its way to Daytona where it would be raced by David Hobbs and Paul Hawkins. Unfortunately, the car would not achieve the same result as with its debut as a Mirage. At Daytona, the car would suffer a DNF, but that would not last all that long.
After finishing 28th at Sebring, Jacky Ickx would be back behind the wheel of the car during the Le Mans Trials where it would break the track record. Then, toward the end of April of '68, Hobbs and Hawkins would again be back driving the car and would go on to score victory in the Monza 1000km. The car would then go on to score a 6th a the Nurburgring and a 2nd at Watkins Glen. Unfortunately, the car would suffer yet another DNF at Le Mans. Then, in early 1969, David Hobbs and Mike Hailwood would take the car and would finish 5th at the BOAC 500 at Brands Hatch.
'Lot No. 139: 1968 Ford GT40 Gulf/Mirage Lightweight Racing Car', (http://www.rmauctions.com/FeatureCars.cfm?SaleCode=MO12&CarID=r176). RM Auctions. http://www.rmauctions.com/FeatureCars.cfm?SaleCode=MO12&CarID=r176. Retrieved 2 August 2012.'1965 Ford GT40 News, Pictures and Information', (http://www.conceptcarz.com/vehicle/z1004/Ford-GT40.aspx). Conceptcarz.com: From Concept to Production. http://www.conceptcarz.com/vehicle/z1004/Ford-GT40.aspx. Retrieved 2 August 2012.'Ford GT40 'AM Lightweight'', (http://www.ultimatecarpage.com/car/4671/Ford-GT40--AM-Lightweight-.html). Ultimatecarpage.com: Powered by Knowledge, Driven by Passion. http://www.ultimatecarpage.com/car/4671/Ford-GT40--AM-Lightweight-.html. Retrieved 2 August 2012.By Jeremy McMullen
Gulf/Mirage Lightweight
Chassis #: P/1074 (M.10003)
To construct the first race car to bear the name Mirage and sponsored by Gulf Oil, a standard GT40 chassis frame was drawn from stock. When they finished, only the sill panels remained unchanged from the original. Three such cars, fitted with the Ford 302 cubic-inch, 5-liter engines, were ready for the 1967 season. The third M1 Mirage was completed just in time for the car to be taken to the second race of the season where it won, being driven by Jacky Ickx and Dr. Dick Thompson. At Le Mans, the car retired early with the usual Ford engine problem of cylinder head gasket failure. At the next race at Brand hatch, the Mirage was crashed after about 70 laps. This was followed by two minor races in Sweden where it won the first race driven by Ickx and a second to its sister car. In October, it was taken to Monthlhery where Ickx and Aussie Paul Hawkins drove it to another win. This concluded its life as a Mirage since prototype race cars were limited to a 3-liter engine.Over the winter of 1967-78, the roof was cut-off again and the car reconstructed back into a GT40. As a GT40 in the World Championship series, it was less successful. David Hobbs and Paul Hawkins did win the race at Monza and came in second at Watkins Glen.The car eventually had the top removed and it was used as a film car for the movie Le Mans starring Steve McQueen.
1968 Ford GT40
Ford
2012 RM Auctions - Monterey
Sale Price :
USD $11,000,000
1968 Ford GT40 Auction Sales
Recent Sales of the Ford GT40
(Data based on Model Year 1968 sales)
1968 Ford GT40 Mini Car Sold for USD$43,660 2021 Mecum : Indy 2021 | |
1968 Ford GT40 Sold for USD$411,261 2020 Silverstone Auctions : The May Live Online Auction | |
1968 Ford GT40 Gulf/Mirage Lightweight Racing Car Chassis#: P/1074 (M.10003) Sold for USD$11,000,000 2012 RM Auctions - Monterey | ![]() ![]() |
Ford GT40s That Failed To Sell At Auction
1968 Ford GT40's that have appeared at auction but did not sell.
Vehicle | Chassis | Event | High Bid | Est. Low | Est. High |
---|---|---|---|---|---|
1968 Ford GT401967 Ford GT40 MK IV | J-10 | 2023 Mecum : Kissimmee | $1,300,000 | $2,000,000 | $2,200,000 |
1967 Ford GT40 Mk IV | J-10 | 2018 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 |
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1968 Ford GT40
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