Would you buy a 22-year-old car? How about splashing a record £6.2million on one? That’s exactly what one British petrol-head has done, snapping up a rare McLaren F1 supercar.
The extraordinary price is over ten times more than the iconic car – which ruled as the fastest road car in the world for over a decade – sold for, with each example going for just under £600,000 back in the mid-90s.
However, given that just 64 road-going versions of the F1 were made, prices have skyrocketed ever since, and the model is widely considered to be the most expensive modern-day car in existence.
This hasn’t stopped one anonymous Brit from splashing the cash, though, and joining a list of owners that also includes Rowan Atkinson, Jay Leno and Ralph Lauren.
The car in question is chassis no. 28, and was originally gifted by McLaren to US racing driver Michael Andretti.
The McLaren F1 was once the fast production road car in the world.
After enjoying the car for just two years, Andretti sold it on to a Japanese collector, before it spent time in the hands of two separate Californian enthusiasts.
The car is now back on home turf after being sourced by Hertfordshire outfit DK Engineering on behalf of the buyer – a process that took over six months.
So highly is the F1 revered by car enthusiasts that the current going rate is around six times higher than that of a brand new Bugatti Veyron, the car that stole the top speed crown from the McLaren, trumping its 240mph top speed by 13mph.
It is powered by a 6.1-litre BMW V12 that develops 627bhp – comparatively tame compared with its successor, the brand new 903bhp McLaren P1. However, its light weight meant a 0-62mph sprint time of 3.2 seconds as well as that record-breaking top speed.
Speaking about the transaction, James Cottingham of DK Engineering told the Daily Mail: “I think this is one of the most important F1s because it was built for Michael Andretti, one of McLaren's race drivers and therefore seals the car's close links with the company's terrific motor racing heritage.
“F1s are without doubt one of the most difficult cars to sell or buy. You have a lot of ‘fantasy' cars for sale so getting a genuine customer and genuine vendor is very hard.
“It took six months to find a car and get the deal in place and the new owner did not see the car before the transaction took place. I flew to California with 24 hours' notice and the deal was completed just a few days later.”
May 8, 2014