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A McLaren F1 that use to belong to Michael Andretti could have set the record for highest price paid for modern sport car. I for one think the f1 is one of the greatest automobiles ever built, and with it previously belonging to a racing legend I can see why it fetched such a high price
A British petrolhead is thought to have spent more than £6 million on a McLaren F1 in what could be the highest price ever paid for a modern sports car.
The 240mph McLaren F1 is regarded as the Holy Grail of high-performance motoring and is worth at least six times as much as a typical Bugatti Veyron.
It is the most desirable car of the past 40 years and, with just 64 ever built, it is also one of the hardest to buy.
But now an anonymous Brit - a self-described "car nut" - has joined the ranks after spending what is possibly a record-breaking estimated $10 million on the Woking-built motor.
He joins an exclusive group of enthusiasts who own an F1 with Rowan Atkinson, Jay Leno and Ralph Lauren among a select few lucky enough to have a set of keys.
George Harrison, the late Beatle, also owned an F1 with his bespoke car currently held in a family trust.
This particular model, known as chassis 28, was originally given to US racing driver Michael Andretti by McLaren.
It is one of only two red McLaren F1s and it still has Andretti's signature on the back of the sun visor.
The racing driver held onto it for a couple of years before selling it to a Japanese collector. It has since been owned by two California-based F1 fans.
After spending the past ten years on the West Coast of America, the car has now returned to British soil thanks to Hertfordshire-based DK Engineering.
James Cottingham, vehicle acquisition consultant at DK, spent six months trying to source a car for his buyer.
A car was found and an agreement was finalised last month with the red supercar now shipped over to the UK as the world's most expensive modern car.
The price is thought to be around #6.2 million ($10m).
It achieved this price, in part, thanks to its breathtaking performance which comes courtesy of a 6.1-litre BMW engine developing 627bhp.
This gives the supercar, where the driver sits in the centre of three, a 0-62mph time of 3.2 seconds and a top speed of more than 240mph.
Despite being 20 years old, the McLaren F1 remains the world's fastest normally-aspirated car - a title it is unlikely to lose in the near future.
This latest model is the second McLaren F1 which Mr Cottingham has sold in the past year, an impressive feat in its own right.
He said: "I think this is one of the most important F1s because it was built for Michael Andretti, one of McLaren's race drivers and therefore seals the car's close links with the company's terrific motor racing heritage.
"F1s are without doubt one of the most difficult cars to sell or buy. You have a lot of 'fantasy' cars for sale so getting a genuine customer and genuine vendor is very hard.
"Likewise for a buyer, finding a dealer who will be able to fulfil the task in hand is very hard indeed.
"It took six months to find a car and get the deal in place and the new owner did not see the car before the transaction took place. I flew to California with 24 hours' notice and the deal was completed just a few days later.
"The F1 is the most significant road car since the Ferrari 250 GTO. A lot of 250 GTO owners also own an F1.
"Last year a model sold at auction for $8.5 million and the market has moved on since then."
McLaren only built 64 road-going F1 cars and they were sold in the mid-90s for a then staggering £540,000.
The Woking firm had hoped to build 300 F1s but there weren't enough wealthy fans at the time who were willing to spend more than half a million on a new car.
But their values, unlike most modern cars, have continued to rise and over the past few years have gone through the roof.
In 2008, a McLaren F1 sold for a then world record £2.53 million with the latest sale representing an increase of more than 1,000 per cent over its original retail price.
Gold, which has been one of the best investments over the past 20 years, has increased by around 300 per cent during the same period.
Originally posted byThE ReMiX
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Technically mclaren sold more than 64. The F1 LM payed homage to their win at Le Mans and they also converted a few of their race cars to road spec which were privately purchased. They are out there... The total number of F1s produced is around the 100 mark if memory serves correct.
.....and with it previously belonging to a racing legend I can see why it fetched such a high price
The selling price is high because it's a McLaren F1 that was gifted to an ex McLaren driver, not because it was gifted to Michael Andretti specifically, in my opinion. Although a success in the CART series, Michael Andretti was not that well received by the Europeans. IIRC, his performance in Formula 1 was subpar, crashing/DNF'ing in half the races. He didn't even finish a complete season with McLaren in 1993! But if this was Mika Hakkinen's F1.....
But I always wondered if they took an inspiration of Yamaha OX99-11 as well.
They do have some similarities, such as center cockpit and the design of rear.
told my dad this story & he said that he had a friend that has a mclaren f1, his friend was called Asim & he was a rich indian (from a wealthy family), he was the director of the watsons personal care store (at the time)
he bought it when it 1st came out, he was already ballen rich & also little corrupted so money was no problem to him lol
my dad was super surprise when i told him only 64 was ever made & he was like "wow didnt know that son of a gun asim had such good taste" (my dad never really like the f1)
I went up to a cute chick and asked her if she'd let me take a photo of her for $30 she slapped me, she said to me that "I AIN'T A WHORE!"
But other than that I have seen every car on display in DTP just by cruising about in Richmond, thank you very much for collecting them together and get someone to sing a cover for "fuck you".
OH FUCK YOU OH OH OOOOH~
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wtf man? what the hell kind of women do you go for? spca is for animals not dates...
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Every once in a while a car comes along to not only change the landscape of (at least its segment in) the automotive industry, but also to remain relevant in subsequent decades that it damn well isn't supposed to. The F1 really is a marvel.
I remember reading that Honda was initially approached to build the F1's engine. Imagine if that fell through.
Do you think Veyron would cost $10+ million in 10 years?
I don't think so.
A) There are roughly six times more Veyrons in the world than McLaren F1's
B) The McLaren F1 was actually has an actual racing pedigree, with a 1st Overall LeMans win in 1995.
A) There are roughly six times more Veyrons in the world than McLaren F1's
B) The McLaren F1 was actually has an actual racing pedigree, with a 1st Overall LeMans win in 1995.
yeah McLaren and Bugatti are kind of like Ferrari and Lamborghini.
One has rich racing heritage in F1, LeMans 24 and all that. Whereas the other one is more like street car only. Bugatti and Lamborghini have some racing history, but not a lot and definitely nowhere near Ferrari and McLaren.
There are only 107 McLaren F1s ever produced.
and 7 of them were prototypes (McLaren XP1 to XP7)
So only 100 McLaren F1 that are non-prototypes.
Many of them were bought by race teams.
Only 69 were ever registered for street use.
and out of 69, many of them were crashed, raced, turned into a race car for LeMans 24, JGTC, Super GT, etc. and some of those are just sitting in the musiums and car collectors' garage.
So considering all that, I don't know how many McLaren F1s are still available.
The selling price is high because it's a McLaren F1 that was gifted to an ex McLaren driver, not because it was gifted to Michael Andretti specifically, in my opinion. Although a success in the CART series, Michael Andretti was not that well received by the Europeans. IIRC, his performance in Formula 1 was subpar, crashing/DNF'ing in half the races. He didn't even finish a complete season with McLaren in 1993! But if this was Mika Hakkinen's F1.....
Maybe it didnt fetch as much for the reason you say, and obviously the main reason is because of the car itself but IMO Andretti is a pretty famous racecar driver. I don't follow f1, and use to watch NASCAR when younger, but Andretti is up there with Schumacher in terms of my knowledge of famous racers so I would think the name also validated the sale price a little more. Do you think if this were Jensen's car it would fetch the same price?
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Originally posted byThE ReMiX
--------------------- REMEMBER:-->RS is a place for car enthusiasts to come and get together because of their intrest and love for cars. Hating is not an option-take your immaturity elsewhere!
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Maybe it didnt fetch as much for the reason you say, and obviously the main reason is because of the car itself but IMO Andretti is a pretty famous racecar driver. I don't follow f1, and use to watch NASCAR when younger, but Andretti is up there with Schumacher in terms of my knowledge of famous racers so I would think the name also validated the sale price a little more. Do you think if this were Jensen's car it would fetch the same price?
I wouldn't be surprised if Jenson's car fetched the same
I wouldn't be surprised if Jenson's car fetched the same
That's why I asked
I told you I don't know f1 lol
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Quote:
Originally posted byThE ReMiX
--------------------- REMEMBER:-->RS is a place for car enthusiasts to come and get together because of their intrest and love for cars. Hating is not an option-take your immaturity elsewhere!
----///-\\\----Put This
---|||---|||---On Your
---|||---|||---profile If
---|||---|||---You Know
----\\\-///----Someone
-----\\///-----Who has died
------///\-----Of
-----///\\\----Cancer
----///--\\\-----Or whom maybe suffering from it
if you search youtube, you can see video of his F1 just after it was fully rebuilt and being displayed at an event while it was still in mclaren's possession.
there is a video posted above of the drag race between the bugatti and an F1... that F1 is atkinson's car. he lent it to top gear for that show, but this was before the Big Crash.
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