1932 Hudson Indy Car

Offered by Gooding & Company | Pebble Beach, California | August 13-14, 2021

The “Junk Formula” was an era of the Indianapolis 500 that lasted from 1930 through 1937. It allowed for a much wider variety of cars at the track, which had the effect of increasing field sizes. It also encouraged race car builders to use production car parts. A mechanic from Saginaw, Michigan, named Jack Mertz decided to build his own Indy car. Using a Hudson chassis, he bodied this car himself.

Under the hood is a 4.2-liter inline-eight capable of 150 horsepower. Mertz then drove the car from Saginaw to Indianapolis to enter the 1932 race. But he arrived too late and missed the field. The following year, Mertz sold the car to a Detroit car dealer named Lawrence Martz, who then named the car after himself. The competition history for the “Martz Special” includes:

• 1933 Indianapolis 500 – 15th, DNF (with Gene Haustein)
• 1934 Indianapolis 500 – 30th, DNF (with Haustein)

It actually crashed during the ’34 race, and by the end of the decade the trail of this car went cold. That is, until the 1970s when it was discovered. The restoration was done in the early 1980s, and the car was shown at the 2016 Pebble Beach Concours. It is now expected to bring between $250,000-$350,000 and will sell without reserve. Click here for more info and here for more from this sale.

Update: Sold $291,000.