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1910 National Model 40 Speedway Raceabout

  • Chassis Number: 3272
  • Engine Number: 7273
1910 National Model 40 Navigation
The early history of the National Motor Vehicle Company involved electric runabouts. When Arthur C. Newby took control a few years later, the destiny of the company changed. He was an enthusiastic bicyclist, loved racing, and was one of the four founders of the Indianapolis Motor Speedway in 1909.

After 1906, the National Company concentrated on powering their vehicles with four- and six-cylinder gasoline engines. As early as 1905, Nationals had been raced using gasoline engines and a National won a 100-mile endurance race at Indiana Fairgrounds during that year. Many more historic accomplishments soon followed, such as becoming the first car to cover more than 1,000 miles in 24 hours. The vehicle covered 1,094 miles at an average speed of 51.9 mph.

When the new Indianapolis Speedway opened in 1909, Nationals were there. In May of 1910, amateur driver Arthur Greiner drove a National Model 40 in a series of events ranging from 5 to 200 miles. The Model 40 was void of any unnecessary items and its engine was tuned for optimal performance. The car and driver proved their potential by earning the 'Best Amateur' trophy award.

The inaugural 500-mile race at the Brickyard was held in 1911. Three team cars were entered for National. Each was a 40-horsepower racer and each qualified for the race by averaging 75 mph or more over a quarter-mile distance. The car driven by Charlie Merz placed in the seventh position, the highest for the National team. The race was very competitive, with the top 12 cars all finishing the full 200 laps. After 500 miles, the pack was still a tight bunch.

A Speedway Roadster was added to National's line-up in 1911, in part to celebrate their accomplishments at Indianapolis.

In 1912, Joe Dawson won the Indy race with his 491 cubic-inch National and earned the purse of $20,000. The car had averaged 78.22 mph.

After this historic accomplishment, the National Company's goal had been ascertained and their focus switched back to improving their road-going cars. Around the same time as Packard was introducing their Twin Six, National introduced their Highway Twelve. Both were very impressive vehicles, but at a base price of $1,990, the Nationals cost around $1000 less than the Packard. The Twelve continued until 1919 and by 1922 the National Company merged with Dixie Flyer and Jackson to form Associated Motor Industries. Part of the company's demise was the retirement of Arthur Newby in 1916.

What was once the National Motor Vehicle Company was completely gone by 1924 as the company was in receivership.

Chassis Number 3272
This 1910 National Indy Race car has two-wheel mechanical brakes, a three-speed selective sliding gearbox, and a four-cylinder, T-head engine that displaces 447 cubic inches and produces 40 horsepower.

This was Greiner's car that had several modifications to make it very competitive for racing. After its early racing career, it was returned to the factory, fitted with a Speedway Roadster body, and sold to a private customer. There are many indications that this car was once a racer, such as its chassis cross-members had been drilled in an effort to save weight, there is a shortened gear shift and brake levers, a steeply raked steering column, and chassis-mounted seats. It retains its original oil and race fuel tanks, and the double spare tire mounts. The owner who purchased this car was the founder of the National Mining Company. Apparently, he had traveled to Idaho with a National car in 1906 and had found substantial deposits of silver and copper. The company he formed was in honor of the car that had carried him to this treasure.

By 1959 this car was found in a barn near the Calgary National Mine where it was in very original condition, albeit in need of restoration. It wore the later-style roadster body, fenders, and lamps.

A complete restoration was performed on the car bringing it back to its race-winning condition. Its racing career continues; in 2002 and 2005 it raced at the Goodwood Festivals of Speed. It won its class as the fastest pre-1914 car in 2002 and nearly repeated this accomplishment in 2005.

In 2007 it was brought to the Gooding & Company auction held at Pebble Beach, Ca where it was estimated to sell for $500,000 - $700,000. Sadly, the vehicle's reserve was not met and it was left unsold.

By Daniel Vaughan | Apr 2008

2021 Bonhams : Amelia Island Auction

Pre-Auction Estimates :
USD $250,000-USD $350,000 
Sale Price :
USD $145,600

2007 Gooding & Company

Pre-Auction Estimates :
USD $500,000-USD $700,000 
Lot was not sold

Recent Sales of the National Model 40

(Data based on Model Year 1910 sales)
1910 NATIONAL MODEL 40 'RACER'
Chassis#: 3272
Sold for USD$145,600
  2021 Bonhams : Amelia Island Auction
1910 National Model 40 image  1910 National Model 40 image  
1910 National Series S 50hp 'Semi-Racing Type' Roadster
Chassis#: 3204
Sold for USD$147,840
  2018 Bonhams : Greenwich Concours
 

National Model 40s That Failed To Sell At Auction

1910 National Model 40's that have appeared at auction but did not sell.
VehicleChassisEventHigh BidEst. LowEst. High
1910 National Speedway Raceabout 2007 Gooding & Company $500,000$700,000

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1910 National Model 40

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