1955 Kurtis 500 Swallow Coupe by Allied
Offered by RM Sotheby’s | Ft. Worth, Texas | May 2, 2015
Frank Kurtis began building race cars in the 1930s. They were midgets and the first one he built was for himself. But he was good at it – and people recognized that. His cars were so good that Frank Kurtis was the first non-driver inducted into the National Midget Racing Hall of Fame. After WWII, he tried his hand at fiberglass road cars and would go on to build five Indy 500-winning roadsters.
The Kurtis Kraft 500 was a racing car – an Indy Roadster. They built a (barely) fendered road version as well. What we have here is a KK500 racing chassis. The body is by a company called Allied that built bodies, specifically near-copies of the Cisitalia 202. It’s a short-wheelbase car and uses a 5.2-liter V-8 from a Lincoln that has been tuned to make 257 horsepower.
The car was built to compete in the legendary Carrera Panamericana, but the 1955 race was cancelled. It would, however, get to compete in the 1990 version of that race and some other vintage events as well. It’s one of only two Allied-bodied Kurtis cars known to have been built and should sell for between $140,000-$200,000. Click here for more info and here for more from this sale.
Update: Sold $220,000.