Ford GT40 heads to auction with $12m estimate

One of the three famous GT40s which swept the board at the 1966 Le Mans 24 Hours is up for auction.

On the last weekend of August, a 1966 Ford GT40 will roll across RM Sotheby's auction block at the 2018 Monterey sale bearing an estimate between $9m (£6.8m) and $12m (£9m).

There’s every chance the no. 5 car, which has been restored to original race specification, will fetch its lofty estimate, if not break it. Each year the Monterey sale, which is held in conjunction with the Pebble Beach Concours d'Elegance, nets record-breaking auction results, featuring some of the most exclusive and pristine examples of cars in existence.

Subscribe to evo magazine

Subscribe today to have every issue of evo delivered straight to you. You'll SAVE 39% on the shop price, and get evo for its original cover price for a whole year!

> Ford GT review

Run by the Holman and Moody race team at the 1966 Le Mans 24 Hours, chassis number P/1016 was driven to third place by Ronnie Bucknum and Dick Hutcherson. It was part of the famed GT40 trio that locked out the podium that year – a feat which broke arch-rival Ferrari’s stranglehold on Le Mans honours – and awarded Henry Ford II bragging rights over Enzo Ferrari in the process.

Sitting beneath the 40-inch-high roofline, behind the rear bulkhead, is the race-honed, naturally aspirated 7-litre V8 – measuring over twice the size of the Ferrari 330 P3’s V12 –  which develops 485bhp and 475lb ft of torque.

After its Le Mans success, the gold-liveried GT40 competed a further three times in 1967 before time was called on its racing career. Since then, it’s featured in various car collections and claimed accolades on the concours circuit: in 2003 it was named ‘People’s Choice’ at Pebble Beach.

> Ferrari 488 Pista review

Speaking on the GT40, Alexander Weaver, car specialist at RM Sotheby’s, said: ‘This Ford has been restored to the condition it raced in, which will be a vital consideration for any prospective buyer. Few cars can be considered gold standard, but this GT40 is, and will always be remembered as one of the Fords that finally beat Ferrari.’

The car will go under the hammer in California on August 24.

Recommended

Ford GT40 – review, history, prices and specs
Ford GT40 coupe

Ford GT40 – review, history, prices and specs

26 Dec 2019
£6million Lancia Champion Collection includes World Rally-winning Group A Delta Integrale
Auctions

£6million Lancia Champion Collection includes World Rally-winning Group A Delta Integrale

24 Jan 2020
Top 10 most expensive cars ever sold at auction
Ferrari

Top 10 most expensive cars ever sold at auction

21 Jan 2020

Most Popular

G-Power G5M Hurricane RR takes BMW M5 to 888bhp
BMW M5 saloon

G-Power G5M Hurricane RR takes BMW M5 to 888bhp

German tuner G-Power reveals its new ultimate version of the F90 BMW M5
6 Nov 2020
Porsche unveils 911 Turbo S to match your £8m Embraer business jet
Porsche 911 Turbo

Porsche unveils 911 Turbo S to match your £8m Embraer business jet

The Porsche 911 Turbo S has been given the Exclusive Manufaktur treatment, this time, in collaboration with Embraer
6 Nov 2020
2021 Land Rover Discovery 5 updated with fresh tech and engines
Land Rover Discovery

2021 Land Rover Discovery 5 updated with fresh tech and engines

Updated Discovery receives latest JLR engines and re-emphasises its family focus
10 Nov 2020
2021 BMW iX revealed – the next big leap towards BMW’s BEV future
BMW

2021 BMW iX revealed – the next big leap towards BMW’s BEV future

500bhp all-electric SUV leads the charge for BMW’s EV range expansion
11 Nov 2020