This 1921 Alfa Romeo G1 is expected to fetch $1.5 million at auction.
We've seen plenty of rare vintage cars cross the auction block over the years, but few are as historically significant as this. Why? Because what you're looking at here is a 1921 Alfa Romeo G1, famous for being the Italian automaker's first ever production car. And now this vintage Alfa is looking for a new home. Only 52 examples were built due to a lack of demand, but what makes this one so special is that it's thought to be the only remaining complete example in the world.
The G1 was also blessed with Alfa Romeo's first ever six-cylinder engine: a 6.3-liter straight-six that produced 70 horsepower and a top speed of 80 mph. Yes, that's a paltry power output for today's standards, but don't forget the G1 came at a time when the most popular car in the world was the 20-HP Ford Model T. According to RM Sotheby's, this particular Alfa Romeo, chassis 6018, was one of the early production models and was shipped to Australia where it was used as a farming vehicle, ironically. It was then put into storage before eventually being discovered by renowned Alfa Romeo enthusiast Ross Flewell-Smith who bought the car in 1965.
He painstakingly restored it in the 1970s. It was restored again in 2000 and has since appeared at the Pebble Beach Concours where it's received multiple awards, as well as the Mille Miglia and the Goodwood Member's Meeting. It's still in working order, which must make it the oldest running Alfa Romeo in the world. Of course, owning the first ever production Alfa Romeo comes with a substantial cost. There's no reserve price for the car when it goes under the hammer at RM Sotheby's upcoming auction in Phoenix, Arizona, this January, but estimates suggest it will sell for around $1.5 million.