Ford GTX1

2006 Ford GTX1 TT

Offered by Auctions America | Auburn, Indiana | May 7-9, 2015

Photo - Auctions America

Photo – Auctions America

Ford GTs are hot right now. Like really hot. Try finding one for below $300,000. And with talk of a new GT on the way, they’re about at their peak. So why not roll in an even rarer version with gobs more power?

This is a GTX1, which is not an official factory designation. The GT was built between 2004 and 2006 with 4,038 built. The GTX1 was a concept car first shown at the 2005 SEMA Auto Show. It is special because it is a roadster. What makes supercars better? Why, chopping the top off of course.

The first GTX1 was built by Genaddi Design Group of Green Bay, Wisconsin. Ford commissioned them to build another 30 as a sort of aftermarket conversion. It’s an official car in that it appears in used car price guides and they are listed with the Shelby American Automobile Club.

The base GT uses a 5.4-liter supercharged V-8 – but this car has been turbocharged to put out over 1,000 horsepower, hence the “TT” in the car’s name. GTX1s were built between 2005 and 2008 out of original GTs. Does it’s limited production make it more or less valuable than a standard GT? We’ll see: this one is expected to bring between $300,000-$350,000. Click here for more info and here for more from this sale.

Update: Sold $330,000.