An F1 Car for the Street

2009 Lola F1R

Offered by Bonhams | London, U.K. | December 7, 2016

Photo - Bonhams

Photo – Bonhams

So wait, in what world is this car street legal? The U.K., that’s what world. A little background: Lola Cars was one of the most famous constructors of race cars between 1958 and 2012. They didn’t technically build or sell this car, but it’s based on their stuff and was built by their employees.

To explain: someone (presumably with a lot of disposable income) bet the engineers at Lola that they couldn’t build a street-legal Formula One car. Race car designers aren’t people that like to say “No” to a technical challenge, so they actually ended up doing it.

It started with a Lola chassis from 1996 or 1997 and most of the body panels that came with it. The engine is a turbocharged 2.0-liter Cosworth straight-four making 370 horsepower that is driven via a five-speed manual transmission. It has lights, an increased ride height, parking brake and “fenders” over the open wheels.

The car is essentially brand new, having covered only 25 miles since its completion – probably because, as cool as it is, it is probably a little terrifying to ride between two tractor trailers while in this thing. This one-off supercar should bring between $68,000-$110,000. Click here for more info and here for more from this sale.

Update: Not sold.

Update II: Sold, Silverstone Auctions, July 2018, $69,277.

1995 Lola Champ Car

1995 Lola-Cosworth T9500

Offered by Motostalgia | Indianapolis, Indiana | June 12, 2015

Photo - Motostalgia

Photo – Motostalgia

Lola was one of the main Indy Car/Champ Car chassis producers in the 1990s. This car was actually from the CART series – which, in this time period, was fantastic. American open wheel racing in the 90s was a really bright spot in racing history… well, at least through 1995.

The T9500 was Lola’s 1995 entry and this particular combo has a Cosworth XB V-8 – a turbocharged V-8, actually, making in excess of 750 horsepower. This car has Indy 500 history, including:

  • 1995 Indianapolis 500 – 31st, DNF (with Eddie Cheever)
  • 1996 Indianapolis 500 – 10th (with Scott Sharp)

This was actually an A.J. Foyt racing team car, which can’t hurt the value. It’s a pretty cool machine, although I’m not sure what you’d do with it (unless you’re some kind of daredevil that likes taking 750 horsepower open wheels cars to track days). Anyway, it should cost its next caretaker/pilot between $210,000-$250,000. Click here for more info and here for the rest of this sale’s lineup.

Update: Sold $93,500.

Prototype Race Cars in Monterey

Prototype Race Car Rundown

Offered during the Pebble Beach auction weekend | August 15-17, 2014


1995 Kremer-Porsche 962 K8 Spyder

Offered by Mecum

Photo - Mecum

Photo – Mecum

The K8 was an evolution of the Porsche 962. Porsche withdrew from the 1995 24 Hours of Daytona due to last minute rule changes. The Kremer brothers of Germany had been producing Porsche race cars since 1962 and they entered this “K8 Spyder” – which had been a Porsche 962 in a previous life. It uses a twin turbo 3.0-liter flat-six and only four were built. This car won the 1995 24 Hours of Daytona with drivers Jurgen Lassig, Christophe Bouchut, Giovanni Lavaggi, and Marco Werner. It also raced at Sebring and Le Mans that year without victory. It maintains its race-winning livery today. It should sell for between $900,000-$1,500,000. Click here for more.

Update: Sold $930,000.


1992 AAR-Toyota Eagle Mk III GTP

Offered by Gooding & Company

Photo - Gooding & Company

Photo – Gooding & Company

We’ve featured some of Dan Gurney’s Eagles – mostly open-wheel cars. Well here is a GTP prototype AAR Eagle. It’s powered by a turbocharged Toyota 2.1-liter straight-four making 700-750 horsepower, depending on configuration. AAR and Toyota teamed up in the 80s for sports car racing and the Eagle Mk III dominated the 1992 IMSA GTP season. Between 1991 and 1993, they won 21 of 27 races. This is chassis #004 and its major wins are:

  • 1992 12 Hours of Sebring – 1st (with Juan Manuel Fangio II and Andy Wallace)
  • 1993 12 Hours of Sebring – 1st (with Fangio II and Wallace)

It also had 12 other victories and has been owned by Fangio II since it stopped racing. It is being offered for sale for the first time and should sell for between $700,000-$1,000,000. Click here for more info.

Update: Sold $1,045,000.


1984 Lola-Mazda T616

Offered by Russo & Steele

Photo - Russo & Steele

Photo – Russo & Steele

The Lola T600 was new for the Group C category in 1981. For 1984, it was updated to the T616. They teamed with BF Goodrich racing and Mazda to run these cars for the 1984 season. Russo & Steele is also offering the sister car for sale, too. The engine is a 300 horsepower 1.3-liter twin-rotor Wankel. Here’s a brief rundown of its competition highlights:

  • 1984 24 Hours of Daytona – 31st (with Jim Busby, Rick Knoop and Boy Hayje)
  • 1984 1000km Monza – 1st in class (with Busby and Knoop)
  • 1984 24 Hours of Le Mans – 12th, 1st in class (with Busby, Knoop and Hayje)
  • 1984 1000km Nurburgring – 2nd in class (with Busby and Peter Halsmer)
  • 1984 1000km Fuji – 3rd in class (with Busby and Halsmer)

The pair of cars were stored after 1984 until original drivers Knoop and Busby found them and restored them. You can buy them now and read more here (and check out the rest of Russo & Steele’s lineup here).

Update: Sold $132,000.


1998 Ferrari 333 SP

Offered by RM Auctions

Photo - RM Auctions

Photo – RM Auctions

The 333 SP is an interesting Ferrari. The Scuderia hadn’t gone sports prototype racing in a long time and with this car, they kind of still didn’t. Dallara designed the chassis (and built nine of the cars) and Ferrari never fielded a factory effort with the cars, instead selling them to privateers so they could campaign them.

The engine is a 4.0-liter V-12 making 650 horsepower. This is the most-successful 333 SP built, with the following achievements:

  • 1998 24 Hours of Daytona – 1st (with Arie Luyendyk, Mauro Baldi, Giampiero Moretti and Didier Theys)
  • 1998 12 Hours of Sebring – 1st (with Theys, Moretti and Baldi)
  • 1998 24 Hours of Le Mans – 14th (with Theys, Moretti and Baldi)

The car still has its MOMO livery (MOMO being the company Daytona winner Giampiero Moretti founded). It is one of 40 ultimately built (Ferrari built five in addition to Dallara’s nine. Michelotto built the rest). RM didn’t publish an estimate, but you can read more here.

Update: Not sold, high bid of $3,400,000.


 1970 Porsche 908/03 Spyder

Offered by Bonhams

Photo - Bonhams

Photo – Bonhams

The Porsche 908 was their prototype racer from 1968 through 1971. It replaced the 907 and preceded the 936. It’s basically a little wedge with two Batmobile-like fins out back. The engine is a 3.0-liter flat-eight making about 370 horsepower. It could top out around 180 mph. The /03 was the third evolution of the 908 and was made for 1970 and 1971 only. This car was never raced, instead used for extensive testing by the Porsche factory team. It is one of 13 908/03s built. This car, chassis #002, should sell for between $1,800,000-$2,300,000. Click here for more info.

Update: Not sold.

Lola-Mazda T616

1984 Lola-Mazda T616

Offered by Russo & Steele | Pebble Beach, California | August 15-17, 2014

Photo - Russo & Steele

Photo – Russo & Steele

The Lola T600 was new for the Group C category in 1981. For 1984, it was updated to the T616. They teamed with BF Goodrich racing and Mazda to run these cars for the 1984 season. Russo & Steele is also offering the sister car for sale, too. The engine is a 300 horsepower 1.3-liter twin-rotor Wankel. Here’s a brief rundown of its competition highlights:

  • 1984 24 Hours of Daytona – 31st (with Jim Busby, Rick Knoop and Boy Hayje)
  • 1984 1000km Monza – 1st in class (with Busby and Knoop)
  • 1984 24 Hours of Le Mans – 12th, 1st in class (with Busby, Knoop and Hayje)
  • 1984 1000km Nurburgring – 2nd in class (with Busby and Peter Halsmer)
  • 1984 1000km Fuji – 3rd in class (with Busby and Halsmer)

The pair of cars were stored after 1984 until original drivers Knoop and Busby found them and restored them. You can buy them now and read more here (and check out the rest of Russo & Steele’s lineup here).

Update: Sold $132,000.

Bonhams 2012 Pebble Beach Highlights

I think this is a new record with regards to auction coverage turnaround time. This sale was held on August 17, just three days ago and here we are presenting results! Big thanks to Bonhams for posting the final numbers about as quickly as could possibly be expected. Both of our feature cars, the 1895 Buffum and the Gulf McLaren F1 Longtail, failed to sell. The top sale of the auction went to this 1966 Ford GT40 for a cool $2,205,000. It is chassis #GT40P/1033, if you’re keeping score at home.

1966 Ford GT-40

There were some pretty impressive motorcycle results at this sale as well. Top honors went to a 1940 Crocker “Big Tank” V-Twin for an eye-wattering $302,000.

1940 Crocker "Big Tank" V-Twin

There were two other Crockers that sold as well, both 1937 V-Twins. One sold for $302,000 and the one below brought slightly less at $291,000 (but it’s in a better color).

Road cars that really caught my attention included this 1931 Rolls-Royce Phantom II Continental Touring Saloon by Mulliner. It sold for $178,800.

1931 Rolls-Royce Phantom II Continental Touring Saloon

There was also a super-rare 1949 Healey Silverstone that sold for $134,250.

1949 Healey Silverstone

But, by far, the coolest car Bonhams had on offer was this 1941 Tatra T87. These air-cooled beauties are magnificent. I really think it’s one of the loveliest designs of all time. They are quite rare in the U.S. and the price reflected that at $280,000.

1941 Tatra T87

Race cars were a major theme and some of my favorites included a 1964 Huffaker-Genie Mk 10 and an ex-Michele Alboreto 1990 Footwork-Arrows FA11B Formula One car. The Genie brought $142,500 and the Footwork $54,050.

1964 Huffaker-Genie Mk 10

The second-highest selling car of the sale was also a race car (as was the top-selling GT40). It was a 1966 Lola T70 Mk II GT that brought $324,000.

1966 Lola T70 Mk II GT

Two of the more obscure things to sell at this auction included an ex-Otis Chandler 1924 (circa) Ner-a-Car. These things are way cool and this one sold for $14,375.

c. 1924 Ner-a-Car

And finally, there was this 1914 Warrick 6hp Carrier Tri-Car Milk Float (which is kind of a mouthful of a name). It’s a British dairy truck – er, trike. The driver sits in the back and the product is up front. I’ve never seen one before. It sold for $25,300.

1914 Warrick 6hp Carrier Tri-Car Milk Float

For complete results, click here.

Auctions America Auburn Spring Sale Highlights

Auctions America’s three-day spring sale in Auburn, Indiana, (held last weekend) saw more than 170 cars sell for a wide variety of prices. Top sale was a 1930 Duesenberg Model J Boattail Speedster. The car is a re-creation, but uses an original engine (J-249). I’m not sure of the car’s history, but it sounds like the original car is no longer extant and this one was built around the original mechanicals to take the place of the lost car. It sold for $484,000, which is a lot less than it would have cost were it the real deal. Still looks amazing, though.

Both of our feature cars sold. The awesome Mercury Marauder Concept Convertible brought $51,700 and the De Tomaso Mangusta sold for $75,900. We also featured an Avelate Corvette, which either didn’t sell or was withdrawn as I couldn’t find it in the results.

Another big sale was a 1969 Hemi Dodge Charger, one of only 119 built in 1969 with that monster engine. It’s white and entirely unassuming – perfect for a car that will take just about anything at the stoplight. It sold for $130,000.

Other interesting sales included this 1995 Lola T9500-HU24 Cosworth XB Indy car. It was driven by Scott Sharp to 10th place in the 1996 Indy 500 for A.J. Foyt Racing and by Eddie Cheever in 1995. It is a complete, running Indy car with Indy 500 history. It sold for $62,700.

Finally, from the bargain bin (sort of), is this 1956 Pontiac Star Chief Catalina Custom. The second-generation Star Chief is one of my favorite Pontiacs and it’s such a great-looking car with those two chrome strips running the length of the hood. This one has a 5.2-liter V8 and appears to be in great shape. It sold for $14,300. For complete results (and to see what cars are still available), click here.