Saturday, September 4, 2010

1995 McLaren F1 ; S/N 062; Magnesium Silver/Black; Final Price $3,575,000

1995 McLaren F1 S/N 062
1995 McLaren F1 ; S/N 062; Magnesium Silver/Black; Estimate $2,500,000 - $3,500,000; Unrestored original, 2+ condition; Hammered Sold at $3,250,000 plus commission of 10.00%; Final Price $3,575,000 – Factory luggage, tools and service records. U.S. and California legal with updated cats to pass current California smog tests. First owned by Larry Ellison of Oracle, 3,242 miles only and, if anything, better than new. Stalled at $2.6 MM, then quickly by $100k increments to $3 MM. To hammer's fall by $50K increments. This is a serious price reflecting this car's unusual ability to be owned and driven in California. It nearly matches RM's sale of 065 in London in 2008 for $3,944,558, itself a market-altering transaction. McLaren has worked hard to maintain the secondary market values of their F1s and they must be very satisfied at how successful they have been. – Lot # 146, Gooding & Company, Pebble Beach

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