Porsche Racecar Sells for Nearly $4 million in Auction

An automobile auction has set a world record for their sale of a 1970’s Porsche racecar. The two day auction produced combined sales of $18.6 millions, with the Porsche selling for a total of $3,965,000 million. This sale of the racecar officially set the world record for the most expensive Porsche ever sold in auction.

The automobile is an ex- Jurgen Neuhaus/Jurgen Barth 1972-73 European Interserie and David Hobbs/Mike Hailwood Gulf-JW Automotive team 1972-73 Porsche 917 Interserie Spyder neé 1970 Gulf-JWA Le Mans 917K Coupe. The racer is similar to the version featured in and made famous in the Steve McQueen 1971 film, Le Mans.

In a statement taken after the event, Mark Osborne, head of Bonham’s Motoring Department, expressed, “We are very honored to have been selected to offer these incredible motorcars at auction. We are very pleased with the results and the satisfaction of having met or exceeded the expectations of our discerning and growing clientele.”

Other automobiles that were auctioned off included a 1930 Mercedes-Benz 7.1 Liter SS Tourer which sold for $2,537,000 as well as a Gerhard Mitter/Lucien Bianchi Nurburgring 1000 kms-leading 1967 Porsche 910 Endurance Racing Works Coupe that auctioned for $797,000.

Bonhams is a 217-year-old British based luxury auction company, which specializes in fine art, antiques, and automobiles. Their Quail Lodge event, held in Carmel, California, was the kick-off affair for their collector car week and the thirteenth anniversary auction for Bonhams & Butterfields in Monterey. For a full list of sales results from Bonhams Quail Lodge auction, please visit www.bonhams.com/quail.