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Le Mans-Winning Ford GT40 Could Sell For $12 Million

Auction / 20 Comments

This could become the most expensive Ford to sell at a public auction.

Well, this is an opportunity that doesn't happen very often. If you weren't one of the lucky few chosen by Ford to be put on the waiting list for a GT, you can now own the original race car that inspired it. Yes, that's right, an all-original Ford GT40 that raced at Le Mans in the 1960s is heading to auction. Specifically, it's car #5, one of the three GT40s that competed in the 1966 24 Hours of Le Mans. It finished third overall and famously helped Ford beat Ferrari with an historic 1-2-3 photo finish.

Chassis number P/1016 completed 348 laps, and was driven by Ronnie Bucknum and Dick Hutcherson, while the winning GT40 was driven by Bruce McLaren and Chris Amon. While Ferrari had won six consecutive Le Mans races from 1960, Ford continued to dominate and won the final four races of the decade. Chassis number P/1016 went on to race three more times in 1967. Under the hood is Ford's race-tuned 7.0-liter V8 that delivered around 485 hp back in 1966. Measuring only 40-inches high, the classic GT40 has been restored to original condition, and even has the same gold livery it wore at Le Mans.

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RM Sotheby's will auction the legendary GT40 at its Monterey sale in late August and estimates it will sell between $9,000,000 and $12,000,000. Potentially, this could be the most expensive Ford to ever sell at a public auction. "The status of P/1016 speaks for itself, and if it wasn't for this car, the history of motorsport as we know it would be very different," said RM Sotheby's Alexander Weaver. "The sale of this GT40 represents a real chance for any collector or motorsport enthusiast to own a significant piece of history. To feature a car for sale that has played such a pivotal role in such a famous race is very important for us as we prepare for the Monterey auction.

"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."