RM Auctions sold a 1997 McLaren F1 for £2.530.000 (about $4.12 million at current rates). Although this does not come close to the all time record set by a Ferrari GTO for $28.5 million, it does set a new record for McLaren F1 prices and is about four times the origional sales price a little over a decade ago.
The McLaren F1 is powered by a BMW sourced 6.1-liter V12 engine that delivers 627 hp at 7,400 rpm. In March 1998, the F1 hit a record speed of 240.14 mph. It held this record until February 2005 when it was broken by a Koenigsegg CCR going 242.2 mph.
The F1 wasn’t the only high dollar car of the day. The auctions sold a 1965 Ferrari 250 LM Berlinetta and a 1959 Ferrari 250 GT Tour de France each for a price of £2,255,000. A 1938 Horch 853 Special Roadster was sold for £1,127,500 and a 1938 Bugatti Type 57C Atalante for £660,000.
If he win the world titles this year. Hamilton first clapped eyes on the ultra-rare McLaren LM in the team’s F1 factory ten years ago. "When I first went to McLaren it was there and I fell in love with it," he said of the orange LM, one of only five such cars in the world.
He will see his dream come true if he wins the 2008 title, and McLaren is crowned constructors’ champion. "Fortunately, our deal gives me a bit of time to save up!" Dennis joked.
Hamilton currently leads the drivers’ title from Kimi Raikkonen by three points, while McLaren sits five points ahead of BMW Sauber in the teams’ standings.
Fifth Gear had the opportunity to test two of the best supercars in the world. Both of the cars have their pros and cons, but overall they are amazing, if we can believe Tiff that is. The exterior of these cars is perfect craftsmanship, but once your inside, the car is totally different; it’s more like a race car, than a luxury supercar. It seems that the Bugatti Veyron is one of the only ones that is both luxurious and sporty.
Posted on 02.16.2007 21:00 by Anthony Kodack , Blas Nicusor
The philosophy behind the F1 road car was simple - to be the finest drivers’ car ever built, or ever likely to be built... This meant producing a car not only with outstanding performance but one versatile and usable as an everyday vehicle. FORMULA 1 TECHNOLOGY The McLaren F1 benefits from World Championship Formula One technology and experience and is the world’s first production road car to feature an all carbon composite monocoque and body structure. This unique material combines the (...) More
In 1995, the McLaren F1 GTR achieved its place in history by winning the Le Mans endurance race at the first attempt. Not only did the F1 GTR finish first, it also occupied 3rd, 4th, 5th and 13th places when the flag came down after 24 gruelling hours.
To celebrate this extraordinary feat, McLaren Automotive created a limited edition of just five LM’s - one for every F1 GTR which finished the race. Whilst the LM is a model in its own right, the concept was that it should be a 1995 F1 GTR, with the minimum modifications to make it usable on the road.
Thus the LM runs the most powerful engine of any F1, road or race, by using an 1995 GTR engine without the air restrictors. It also features the race car aerodynamics, gearbox and 18" inch wheels.
As a tribute to the memory of Bruce McLaren, all the F1 LM’s were painted in the same Papaya Orange that was used on his contemporary Formula One and Can Am cars.
With 680 bhp and weighing some 60kg less than the F1 road car, the F1 LM is the fastest accelerating F1 of all.
Supercars - the realm of dreams and the garages of multi-millionaires. The fastest cars in the world are in the possession of a lucky few, and with good reason. Most of the rich may not have the skill to pilot these expensive machines, but they have the money and they like to flaunt it. Numerous exotics have made their debut in the past decade, and a few are so exceptional that they are hard to replace. The world fastest cars: Bugatti Veyron - Top Speed 253 mph Saleen (...) More
The F1 GTR cars were built by McLaren cars LTD which is a subsidiary of the McLaren Formula One Team. At the time of its development, it was the most expensive, most powerful and fastest production car in the world.