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1966 Ford GT40


Chassis number : AM GT40/1

Ford 1966 Ford GT40 History Specifications
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The GT40 was developed by Ford to beat Ferrari and win the famous 24 Hours of Le Mans - and, on its second attempt in 1966, a GT40 did just that. Privateer racing team owner Alan Mann was involved with two versions of the GT40: the small block 4.7-liter MK I, and the big block 7-liter MK II, the car that won Le Mans in 1966.

This GT40 is one of five cars built for Alan Mann by Abbey Panels and is one of two aluminum-bodied cars built on the GT40 MK1 chassis with Ford's 4.7-liter V8 engine. This 'Lightweight' was known as AM GT-1 and was the first of five chassis supplied by Abbey Panels. The first two cars (AM GT-1 and AM GT-2) were completed with the standard '289' engine and the other three (XGT-1, XGT-2, and XGT-3) were sent to Shelby for completion as MK IIs. AM GT-1 was entered in the Le Man's test days in 1966 and posted the fourth-fastest time. Ford ordered Mann to abandon the lightweights in favor of its big-block GT40s.

This car was driven by Sir John Whitmore and Frank Gardner at the 12 Hours of Sebring in 1966, and today it is the only aluminum-bodied MKI to survive intact. This car became famous after it was featured on the covers of several magazines at the time of the 1966 Le Mans race.

Alan Mann Racing Ltd. of Byfleet, Surrey began developing its own version of the GT40 in the fall of 1965. Up to this point, the GT40 had been built exclusively by Ford Advanced Vehicles in Slough, England. In November, Alan Mann Racing took delivery of two GT40 MK Is, chassis 1019 and 1023, and following testing and evaluation, determined they could be made significantly faster through weight reduction and improved handling. Five additional chassis were ordered directly from Abbey Panels, which incorporated over a hundred modifications to the standard GT40 tub.

The purpose-built Alan Mann GT40 tubs were given 'AMGT40' serial numbers, distinguishing them from the standard Ford sequence. Unique modifications incorporated into the chassis were a lightweight aluminum upper-superstructure, built-in crossover fuel system, and additional suspension pickup points. Additional modifications performed by Alan Mann included less anti-squat at the rear, less anti-drive up front, lower roll centers, and adjustable castor.

The first two Alan Mann prototype Lightweight models received chassis numbers AM GT-1 and AM GT-2. The remaining three tubs were later built up by Shelby American into Mk IIs numbered XGT-1 through XGT-3.

The Alan Mann Lightweights received Ford's 289 cubic-inch engine backed by a prototype five-speed ZF transaxle. The unique filling system in the driver's-side rear bodywork allowed oil to be added to the sump without opening the tail. The suspension gained adjustable upper control arms, Phil Remington's brake change system allowed for rapid changes, and Halibrand magnesium wheels were added at all four corners. The bespoke bodywork was aerodynamic and lightweight, built from .030-thickness aluminum rather than the traditional fiberglass. Unique styling features included flat sides, with riveted side intake scoops, a narrower roof section, open lower rocker sills, and MK II-style deck scoops. With a curb weight of 2,160 pounds, the Alan Mann GT40s were the lightest ever built.

AM GT-1 and AM GT-2 were completed in March of 1966 and finished in Alan Mann's livery of Ford Monaco Red with gold stripes. They made their racing debut at that year's 12 Hour of Sebring where AM GT-1 was driven by John Whitmore and Frank Gardner, while AM GT-2 was driven by Graham Hill and Jackie Stewart. Since both cars were similarly styled, AM GT-1 received additional white splashes on the nose and tail to help distinguish the two vehicles on the track. AM GT-2 qualified in third place and AM GT-1 qualified 7th. During the race, AM GT-1 ran as high as 5th place but was forced to retire in the ninth hour due to clutch problems.

Both Alan Mann GT40s were brought to the Le Mans test weekend held on April 2nd and 3rd of 1966. AM GT-2 and GT-1 qualified 3rd and 4th respectively, setting times that were bettered only by one GT40 Mk II and Ford's experimental J-car.

While Alan Mann's strategy had been focusing on weight reduction, Ford's strategy was to go big with a new seven-liter version which immediately rendered the two Alan Mann GTs obsolete. Soon, both cars had been sold with AM GT-1 going to Holman & Moody and AM GT-2 was sold to Australian racer Paul Hawkins, who went on to campaign it with great success through 1968.

Holman & Moody converted AM GT-1 into experimental Mk IIB specification, including the installation of a Weber-carbureted 427 engine, automatic transmission, and full roll cage. In this guise, it was tested at Daytona in 1966, and it may have also been sent to LeMans as a backup car. The car returned to its original drivetrain configuration later in the year and was sold in 1967 to Firestone Tire and Rubber Company for use in high-speed testing. Its next owner was Buck Fulp of Anderson, South Carolina, who kept the car for a short time before selling it back to Holman & Moody.

In 1969, the car was acquired by Douglas Champlin and had local mechanic Carter Maxwell set up the GT40 for street use, install air-conditioning and a full leather interior. Mr. Champlin's son later took the car on a joy ride but soon lost control and crashed it into an earthen embankment. While neither driver nor passenger was hurt, the GT40 had suffered considerable damage.

Instead of repairing the car, Mr. Champlin sold the car to a local dentist named Edwin Recknagel. In 1979, it was sold to Larry Zane who exchanged GT350 R parts in exchange for the GT40. The current owner acquired the car in 1982. In 2004, a concours-quality restoration commenced with the work entrusted to Robert Ash of Norcross, Georgia. It was brought back to its original Le Mans test days configuration, as it had last raced in April 1966. The work took fifteen years to complete, addressing all cosmetic and mechanical elements. It made its post-restoration debut at the 2019 Pebble Beach Concours d'Elegance, where it earned Second in Class in the Postwar Sports and Racing Class. Later that year, it captured a Platinum Pick Judges Choice Award at the Muscle Car & Corvette Nationals in Chicago, receiving the highest point score (999 of 1,000) of any car in the event's 11-year history. In 2020, it was exhibited at the Amelia Island Concours d'Elegance and the Indiana SAAC's Mid America Ford and Shelby Nationals, where it received a special Le Mans Award.


By Daniel Vaughan | Nov 2021

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Provenance *
* Please note, dates are approximate

2021 Gooding & Company : Pebble Beach Concours Auction

Pre-Auction Estimates :
USD $7,000,000-USD $9,000,000 
Lot was not sold

1966 Ford GT40 Auction Sales

Recent Sales of the Ford GT40

(Data based on Model Year 1966 sales)
1966 Shelby GT40 MkII 50th Anniversary
Chassis#: CSGT40P2068
Sold for USD$115,500
  2018 Mecum : Monterey
 
1966 Ford GT40 MkI
Chassis#: P/1028
Sold for USD$4,400,000
  2016 Mecum : Monterey
1966 Ford GT40 image  1966 Ford GT40 image  
1966 Ford GT40 'P/1057'
Chassis#: P/1057
Sold for USD$2,900,000
  2016 RM Sotheby's : Monterey
 
1966 Ford GT40 Mk I
Chassis#: GT40 P/1065
Sold for USD$3,300,000
  2016 Gooding & Company : The Amelia Island Auction
1966 Ford GT40 image  1966 Ford GT40 image  
1966 Ford GT40
Chassis#: GT40P/1033
Sold for USD$2,205,000
  2012 Bonhams - Quail Lodge Sale
1966 Ford GT40 image  1966 Ford GT40 image  
1966 FORD GT-40
Chassis#: GTD4020390
Sold for USD$45,500
  2011 Russo & Steele - Scottsdale, Arizona
 
1966 FORD GT40 2 DOOR COUPE
Sold for USD$78,100
  2010 Barrett-Jackson Auction - Las Vegas
 
1966 Ford GT40 Mk I
Sold for USD$1,650,000
  2010 Gooding and Company - Pebble Beach Auctions
1966 Ford GT40 image  1966 Ford GT40 image  
1966 Ford GT40 MK1
Chassis#: 1065
Sold for USD$1,465,000
  2008 Sports & Classics of Monterey by RM Auctions
1966 Ford GT40 image  1966 Ford GT40 image  
1966 Ford GT40
Chassis#: 1065
Sold for USD$1,997,565
  2007 RM Auctions - Automobiles of London
1966 Ford GT40 image  1966 Ford GT40 image  
1966 FORD GT40
Sold for USD$99,000
  2004 Barrett-Jackson - Scottsdale 2004
 
1966 FORD GT40 'CAV 'COUPE
Sold for USD$121,000
  2003 Barrett-Jackson - Scottsdale 2003
 
1966 FORD GT40 MK I COUPE
Chassis#: GT40P 1027
Sold for USD$412,500
  2002 Barrett-Jackson - Scottsdale 2002
 

Ford GT40s That Failed To Sell At Auction

1966 Ford GT40's that have appeared at auction but did not sell.
VehicleChassisEventHigh BidEst. LowEst. High
1966 Ford GT40 Alan Mann LightweightAM GT-12021 Gooding & Company : Pebble Beach Concours Auction $7,000,000$9,000,000
1966 Ford GT40 CoupéP/10422019 Bonhams : The Goodwood Festival of Speed Sale $850,000$1,250,000
1966 Ford GT40 Mk IGT40 P/10572018 Gooding & Company : Pebble Beach $3,500,000$4,000,000
1966 FORD GT40 / MARK I 2016 Leake Dallas Market Hall$150,000  
1966 Ford GT40 P/1061P/10612016 RM Sotheby's : Monterey $3,750,000$4,250,000
1966 FORD GT40 2011 Silver Auction Ft McDowell, Arizona$95,000  
1966 Ford GT40 MK I Coupe 2009 Mecum Original Spring Classic Auction 22nd Year$2,200,000  
1966 Ford GT40 MK IIB 2009 The Scottsdale Auction : Gooding & Company $250,000$300,000
1966 Ford GT40 Coupe 2009 Boca Raton, FL Kruse$70,000  
1966 Ford GT40 MK1 2008 Gooding & Company   

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