Off To Auction: This Road-Going Mk I GT40 Could Bring $3.6 Million

1966-Ford-GT40-Mk-I-01You 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.

1966-Ford-GT40-Mk-I-03The 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.

About the author

Joshua Phillips

Josh has always been captivated by cars, from legendary classics and late-model American muscle to European supercars.
Read My Articles

Hot Rods and Muscle Cars in your inbox.

Build your own custom newsletter with the content you love from Street Muscle, directly to your inbox, absolutely FREE!

Free WordPress Themes
Street Muscle NEWSLETTER - SIGN UP FREE!

We will safeguard your e-mail and only send content you request.

Street Muscle - The Ultimate Muscle Car Magazine

streetmusclemag

We'll send you the most interesting Street Muscle articles, news, car features, and videos every week.

Street Muscle - The Ultimate Muscle Car Magazine

Street Muscle NEWSLETTER - SIGN UP FREE!

We will safeguard your e-mail and only send content you request.

Street Muscle - The Ultimate Muscle Car Magazine

streetmusclemag

Thank you for your subscription.

Subscribe to more FREE Online Magazines!

We think you might like...


fordmuscle
Classic Ford Performance
dragzine
Drag Racing
chevyhardcore
Classic Chevy Magazine

Street Muscle - The Ultimate Muscle Car Magazine

Thank you for your subscription.

Subscribe to more FREE Online Magazines!

We think you might like...

  • fordmuscle Classic Ford Performance
  • dragzine Drag Racing
  • chevyhardcore Classic Chevy Magazine

Street Muscle - The Ultimate Muscle Car Magazine

streetmusclemag

Thank you for your subscription.

Thank you for your subscription.

Street Muscle - The Ultimate Muscle Car Magazine

Thank you for your subscription.

Thank you for your subscription.

Loading