A pair of GT40s, including a 1968 Ford GT40 Gulf/Mirage Lightweight Racing Car, chassis P/1074, and an unrestored 1967 Ford GT40 MK I, chassis P/1059, are the latest headline consignments confirmed for the 2012 RM Auctions Monterey sale, scheduled for August 17–18 in California.
The GT40 succeeded the Shelby Daytona coupe as Ford’s standard-bearer during the infamous Ford and Ferrari wars of the 1960s. Among its many achievements, the dominant GT40 stands proudly as the first American-built racing car to take victory at La Sarthe, and it scored consecutive victories at the 24 Hours of Le Mans from 1966 through 1969. Concurrent road cars featured similar mechanical specifications to its racing counterpart but with slightly less austere cockpits, which included fully upholstered interiors. In total, only 133 of all variations of the original factory GT40 were built before production ceased in 1969.
“The legendary Ford GT40 is without doubt one of the most celebrated and sought after motor cars ever built. Both aesthetically and competitively, it remains a highpoint in the history of American racing and sports car design,” says Shelby Myers, Managing Director, RM California. “To have the honor of offering one GT40 is a great privilege, but to present two, spanning both sides of GT40 production, is extremely exciting. We are truly honored to have been entrusted by the respective owners of these two cars to present them at our Monterey sale. Previously displayed together at the GT40 30th Anniversary Reunion in Elkhart Lake in 1994, we are thrilled to be reuniting the cars on the Monterey Peninsula in August, where we anticipate strong interest in their sale.”
Anchoring the pair is the competition-specification 1968 Ford GT40 Gulf/Mirage Lightweight Racing Car, chassis P/1074. The first, by serial number, of several lightweight GT40s built for the J.W.A./Gulf team, this racing car was completed in 1968 and carries a strong history from new. Finished in the Gulf team colors of Powder Blue with a Marigold stripe, it raced extensively throughout 1968 from Daytona to Le Mans, as well as the Le Mans trials at the hands of Jacky Ickx. P/1074 was then sold to Solar Productions in 1970 and used extensively as the camera car for Steve McQueen’s film Le Mans. Over the following years, P/1074 passed through a well-documented chain of owners, participating in various vintage racing events as well as displays, including the GT40 25th Anniversary Reunion in Watkins Glen and the 30th Anniversary Reunion in Elkhart Lake. Purchased by its current owner in 2000, it underwent a meticulous restoration before being displayed at the Goodwood Festival of Speed in 2003, where it was driven by Jackie Oliver (Estimate available upon request)
The 1967 Ford GT40 Mk I, chassis P/1059, represents an example of the first generation GT40 Mk I. One of just 31 production GT40 road cars, it was dispatched to the United States in December 1966 as one of 20 vehicles selected for the Mk I Promotion and Dispersal Program. Of this group, it was one of six vehicles consigned to Shelby American for promotional use by their field managers. In preparation for this purpose, P/1059 was re-sprayed in the striking colors of pearlescent white with blue stripes. As this paint scheme was authorized by Ford very early in the car’s life and implemented prior to private ownership, it can be essentially considered the car’s original finish. During the program, P/1059 was acquired by Stark Hickey Ford, a Detroit dealership, where it remained for several years before passing on to Herb Wetanson, of Long Island, New York, a dealer, restaurateur, and one-time owner of six GT40s. It was then eventually sold to its first private owner, Dr. Jack Frost, a noted collector of vintage sports cars, who retained possession of the car for more than 20 years, until it was purchased by its current owner in 2002. A recent inspection by noted GT40 authority Ronnie Spain in October 2011 reported P/1059 displayed only 4,749 miles from new, making it “without a doubt one of, if not the lowest mileage GT40s in the world today.” (Estimate $2,300,000 to $2,700,000)
“A time-capsule example, P/1059 ticks all the boxes when it comes to collectability. Not only is it extraordinarily rare, it has desirable low mileage, exceptional documentation, and boasts just two private owners from new,” says Mike Fairbairn, Co-Founder, RM Auctions. “It will no doubt command the attention of the most passionate sports car collectors, promising its next owner a warm reception at the world’s top vintage touring and racing events and even concours d’elegance,” Fairbairn adds.
The RM Auctions Monterey sale returns to the Portola Hotel and Monterey Conference Center, August 17–18, 2012. General admission is available for $50 per person for an event pass, which grants one person access to the preview days. Bidder registration is $300 and includes an official auction catalog and admission for two to the preview, reception and auction.
For more information, contact an RM specialist at +1 519 352 4575 or visit www.rmauctions.com.
[Source: RM Auctions]