Coupe
Chassis #: WP0ZZZ99ZWS396005
Sold for $5,665,000 at 2017 Gooding & Company : Amelia Island.
In the mid-1990s, Porsche began to seriously rethink its future in GT racing. Their most powerful 911s were no match for the F1 GTR in BPR's GT1 class. The BPR Global GT Series was established in 1994, following the demise of the World Sports Car Championship. It was seen as a way to revive international sports car racing and one of the ways it did that was not requiring a minimum production number for homologation. Instead, in order to qualify for racing, the cars must be certified for use on public roads. This resulted in a remarkable variety of production GT cars, which lead to fierce competition and thrilling races. BRP's leniency also lead to several limited-production supercars.The 1995 BPR season was dominated by the new McLaren F1 GTR, a racing version of the BMW-powered supercar. Adding to its resume, it captured an overall victory at that year's 24 Hours of LeMans. The F1 GTR finished in three of the top four positions, including First Overall and 1-2-3 in class. Porsche's participation, up to this point, had been with factory 962 prototypes which they supplied to the Dauer racing team for competition. Zuffenhausen retained control of the cars' technical development and supplied the drivers. These so-called Dauer 962 GT examples were competitive and even claimed a Le Mans victory in 1994. With the new McLaren F1 GTR entries, the thirteen-year-old 962 platform was clearly outclassed.
Just six weeks after the 1995 loss, Porsche management declared its intent for a factory-based GT racing program. Porsche's response was to build a mid-engine 911 based on the current 993-series road car and construct a limited run of street-legal production cars for homologation purposes. The job was tasked to Porsche Engineer Norbert Singer, who began with the front end of the 993-based 911 and essentially grafted it to the rear-end of a 962. This helped avoid the prolonged process of crash testing that an all-new platform would require. A new tubular frame was constructed to accept a mid/rear engine placement and a rear transaxle. It had a sophisticated double-wishbone suspension, large Brembo brakes, and center-lock BBS wheels. It was given a twin-turbocharged 3.2-liter water-cooled flat-six engine capable of producing 600 horsepower. The entire package was clothed in a 911-inspired carbon fiber shell. The aerodynamic bodywork was tested in the wind tunnel and constructed from the latest high-strength composite materials. Although it still resembled a Porsche, the GT1 was essentially a pure prototype - more Group C racing car than 911 road car.
This particular example finished assembly in January of 1998 and delivered through Porsche Zentrum Munich Olympiapark to its first owner, German collector Tobias Kemper. He took delivery on May 29th of 1998. While in his care, the car accrued just 4,400 km. Don Wallace acquired it in October of 2003. It is believed that Mr. Wallace imported this GT1 to the United States and registered it under EPA and DOT 'Show and Display' restrictions, and that the car is the only such GT1 Straßenversion to legally enter the U.S. and receive the unusual exemption. It arrived in the US and was EPA certified by JK Technologies in Baltimore, Maryland, and delivered to Mr. Wallace's climate-controlled facility.
By Daniel Vaughan | May 2017
1998 Porsche 911 GT1 LM Strassenversion
Porsche
2017 Gooding & Company : Amelia Island
Sale Price :
USD $5,665,000
2012 RM Auctions - Monterey
Pre-Auction Estimates :
USD $1,250,000-USD $1,400,000
Sale Price :
USD $1,175,000
Recent Sales of the Porsche 911 GT1 LM Strassenversion
(Data based on Model Year 1998 sales)
1998 Porsche 911 GT1 Strassenversion Chassis#: WP0ZZZ99ZWS396005 Sold for USD$5,665,000 2017 Gooding & Company : Amelia Island | ![]() ![]() |
1998 Porsche 911 GT1 'Strassenversion' (Street Version) Chassis#: WP0ZZZ99ZWS396005 Sold for USD$1,175,000 2012 RM Auctions - Monterey | ![]() ![]() |
Porsche 911 GT1 LM Strassenversions That Failed To Sell At Auction
1998 Porsche 911 GT1 LM Strassenversion's that have appeared at auction but did not sell.
Vehicle | Chassis | Event | High Bid | Est. Low | Est. High |
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1998 Porsche 911 GT1 LM Strassenversion
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