1934 Ford Model 40 Special Speedster sold for $1,760,000
The 1934 Ford Model 40 Special Speedster Concept was sold at RM Auction at the incredible price of $1,760,000. The concept is powered by a 120bhp, 239 cu. in. Mercury flathead V8 engine, fitted with twin Stromberg carburetors, three-speed manual transmission.
Edsel Bryant Ford, President of Ford Motor Company from 1925 until his untimely death from cancer and undulant fever in 1943, had a considerable influence on Ford styling, first with Lincoln, then with the 1928 Model A, and soon afterward, with the 1932 Ford and many Ford models that followed. Edsel oversaw the design of the first Mercury cars and he initiated the concept that became the prototype Lincoln Continental. A true car enthusiast with impeccable taste, Edsel owned a series of interesting automobiles, ranging from Model T speedsters to a Stutz, a Bugatti and a Hispano-Suiza.
Edsel and Bob Gregorie began their collaboration in 1932. Gregorie had been a draftsman at Lincoln the previous year. Ford design folklore insists that Gregorie made certain that Edsel saw his talented sketches of yachts and speedboats. The two men soon found they worked very well together. Gregorie became adept at visualizing Edsel’s ideas through sketches; he quickly and skillfully translated concepts from two-dimensions-to-three. After Edsel returned from a 1932 European trip, he asked Gregorie to design and supervise the construction of a “sports car” similar to those he’d seen “...on the continent.”
The result, a custom boat tail speedster on a ’32 Ford chassis, was a smart-looking runabout with styling cues that foretold the 1933 Ford production cars, but Edsel soon wanted something more dramatic. Early in 1934, he and Gregorie planned a second, more contemporary speedster with a unique shape that would be much more streamlined. After sketching several alternatives, Gregorie built a 1/25th scale model, which he then tested in a wind tunnel in Ford Aviation’s Air Frame Building.
To achieve this new speedster’s dramatically low silhouette, Gregorie reversed the stock ’34 Ford frame’s rear kick-up and welded it back upside down for a six inch drop, so the frame rails now passed under the rear axle. A combination of existing and newly fabricated, specially-designed suspension parts were used to lower and extend the car’s front end as well. The front axle was moved forward ten inches in order to achieve the extended, elegant proportions Edsel desired.
Next, Gregorie and his Air Frame team fabricated a topless, two-passenger, taper-tailed aluminum body with a sharply vee-ed grille and cut-down doors, mounted on a tubular framework. Modified Ford Tri-motor aircraft “wheel pants” were adapted to serve as cycle fenders. The front fenders turned with the wheels. The speedster’s stock Ford wire wheels were covered by custom wheel discs. Painted Pearl Essence Gunmetal Dark (a gray shade Edsel favored), with a handsome, gray leather interior and an engine-turned instrument panel, the 2,400-pound Speedster was powered by a stock 75 brake horsepower, Ford Model 40 V8 engine, with straight exhausts that ran through a section of the frame, and exited at the rear. Custom bucket seats and a three-spoke steering wheel rounded out the specification.
The design was remarkably well integrated. The canted louvers were stamped to match the precise angle of the grille and the rakish windscreens. A valence panel tapered from front to rear, attached to the alloy body with discreet and perfectly-spaced rivets – another vestige of this car’s aircraft construction.
More custom touches included twin Brooklands racing-style windscreens, a louvered, elegantly shaped alligator hood, low-mounted, faired-in headlights, a fully enclosed radiator with no radiator cap or ornamentation, almost no distracting brightwork and no running boards. These were all styling features that would not appear on production Fords for several years.
Source: RM Auction