You know a car is special when it was purchased in the mid-’60s for $10,000 (the equivalent of roughly $75,000 today), and is now set to bring around $3.5 million. Not many cars from the ’60s can boast such desirability, but then again, the Ford GT40 isn’t your average car.
The GT40 in question here is a 1966 Mk I, one of 31 built and designated for road-use. The exclusivity doesn’t end there, however, as it also one of seven specifically consigned as part of a dealership promotion program. Though it currently sports its original livery and resides here in the States, this car has seen many different owners, with many different tastes, and many different locations.
The original owner, who purchased the car from the dealer in ’66, held on to it for only two years. For reasons we can’t possibly imagine, he ended up selling it. The second owner – again, for reasons we can’t imagine – then altered the car’s fantastic factory condition to match other Shelbys and Mustangs in his collection. The GT40 was repainted, given white racing stripes, had its rear fenders flared, and received Mk III-style side windows.
A few years later, the car again changed hands, this time to an owner in the UK who gave it a purple (yes, purple) paint job and white stripes. After 10 years in that owner’s hands, it once again got a new owner – another gentleman in England – and, once again, got new paint. This owner painted the car red and added black trim, before selling it years later to someone back home in the US.
The GT40 continued to exchange owners several times, traveling back to the UK and returning to the States in the process. Eventually, in 2009, the car received a full, $100,000 restoration to refresh the powertrain, brakes and suspension, and bring it back its factory color. Since that time, it has resided in a respectable collection. Now, it is set to cross the auction block as Lot 062 at the Gooding & Co. Amelia Island auction on the 11th of this month.
Despite the numerous modifications and color changes, the car is expected to bring between $3.2 and $3.6 million. But what do you think – would the car bring more if it had stayed 100 percent original? Or do modifications like these not matter on a car like the GT40? Let us know in the comments section.