McLaren F1 ‘LM-Specification’ Leads Night Two of RM Sotheby’s Monterey Auction at Record $19.8 Million

• McLaren F1 “LM-Specification” sells for record-breaking $19.8 million on second night of RM Sotheby’s Monterey auction
• McLaren result follows Thursday night’s record sale of the Aston Martin DB5 “Bond Car” for $6.4 million
• RM Sotheby’s Monterey auction continues Saturday, 17 August at 5:30pm PST, headlined by offering of Porsche Type 64

MONTEREY, CA – August 17, 2019 – (Motor Sports NewsWire) –  This evening in Monterey, California, RM Sotheby’s sold the 1994 McLaren F1 ‘LM-Specification’, the world’s most revered modern supercar, for $19.8 million, becoming the most valuable McLaren ever sold at auction.

The world’s fastest naturally aspirated production car, serial no. 018 is one of just two upgraded to Le Mans specification by McLaren, equipped with the GTR engine and an extra high-downforce package that went above and beyond the coachwork effects of the original five LM cars. Used on a handful of tours and rallies, the fastidiously-cared-for McLaren was offered at RM Sotheby’s Monterey auction in exceptional condition, showing just 21,500 km, the best imaginable iteration of an already perfect machine. With the crowd on their feet as the car drove onto the auction podium, four bidders vied for four-and-a-half-minutes before the car sold to a private collector based in the United States.

The sale also saw exceptional results with the 1965 Ford GT40 Roadster Prototype, chassis no. GT/108, which sold for $7.65 million (est. $7m/9m). The forefather of “the pace car for an entire company”, the car was influential in the development of Detroit’s first purpose- built prototype-class race car, which famously went on to win the 24 Hours of Le Mans for four consecutive years.

The auction continues Saturday, 17 August at the Monterey Conference Center, headlined by the presentation of the 1939 Porsche Type 64, the antecedent of the Porsche brand. Official results will be available following sale. For further information on the Monterey auction, please visit rmsothebys.com.

Editor’s Notes

• Results are listed in USD and include buyer’s premium.
• Exchange rates used:
  • USD to Euro – 0.905
  • USD to GBP – 0.835
  • USD to HKD – 7.855
  • USD to JPY – 107.50
  • USD to CHF – 0.985
• The previous record for the most valuable McLaren sold at auction was $15.62M for a standard McLaren F1

About RM Sotheby’s

RM Sotheby’s is the world’s largest auction house for investment-quality automobiles. With 40 years’ experience in the collector car industry, RM’s vertically integrated range of services, from private treaty sales and auctions (including both RM Sotheby’s and RM Auctions events) to estate planning and financial services, coupled with an expert team of car specialists and an international footprint, provide an unsurpassed level of service to the global collector car market. RM Sotheby’s is currently responsible for six of the top ten most valuable motor cars ever sold at auction. In February 2015, RM formed a strategic partnership with Sotheby’s, uniting the two companies for the full calendar of future automobile auctions. For further information, visit rmsothebys.com.

Source: RM Sotheby’s

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