The McLaren F1 is legendary supercar that managed to hold the title as the world’s fastest production car for 12 years, until the Bugatti Veyron entered the game. The British marque unveiled the F1 in May 1992, which means it would turn 30 years in a few months. Designed by Gordan Murray and built by the same engineers who worked for the incredibly successful Formula 1 team, the F1 is a street-legal performance car. This particular McLaren F1 in “pristine original condition” sold for a staggering $20.5 million at the Gooding & Company’s Pebble Beach auction. Not only is this the first eight-figure auction for 2021, but the sale of this “time capsule” example marks the most money ever spent for an F1 at a public auction.
The F1 with chassis no.029 (out of 106 cars) is the lowest mileage example of the model in existence. With less than 390 kilometers (about 242 miles) on the odometer, it’s described as a “one-of-a-kind road car in pristine original condition.” In fact, it still sits on the original set of Goodyear Eagle F1 tires which came from factory. Another reason for this particular F1 to fetch eight figures at auction is that McLaren records show that it is the 25th example built at the company’s Woking, England facility and is the only one covered in Creighton Brown.
The inside of the #29 McLaren F1 is finished in light tan leather and Alcantara accented with contrasting brown leather accents and brown carpeting. Along with the car comes a four-piece fitted luggage set and other accessories trimmed in matching tan leather.
The F1 is a special car that captured the hearts of many enthusiasts from all over the world because of its lightweight recipe. The street-legal performance car is crafted with a blend of carbon fiber, Kevlar, magnesium, and titanium, packed with insane amounts of power. In fact, the F1 is the first production car to have a one-piece (monocoque) chassis made from carbon fiber. The F1 is powered by a BMW-sourced 6.0-liter V-12 which makes 627hp.
Renowned owners of the F1 include Jay Leno and Pablo Escobar. Car #29 was initially sold in 1995 to a Japanese collector who kept it safely in display. It was then sold to another Japanese gearhead in 2012, and then to an American collector a year later. It was imported into the U.S. in 2013 following conversion to EPA emission standards. Although it was estimated to sell for $15 million, it managed to break the previous auction record for a McLaren F1 that was set in 2019 by an ultra-rare street-legal F1 that was converted to LM specification and was sold for $19.8 million.
Sources: Gooding & Company, McLaren, classic-car-auctions.info, hotcars