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.