RE: Grand Prix legend under the hammer

RE: Grand Prix legend under the hammer

Wednesday 2nd May 2007

Grand Prix legend under the hammer

Original Lotus 72 up for sale


Gold leaf and gorgeous...
Gold leaf and gorgeous...
H&H has consigned the first Lotus 72 Grand Prix car for its sale at Kempton Park Racecourse on 25 July.

The firm describes the history of R1 -- the first of the classic and extremely successful racecar series which went on to debut the famous black and gold John Player livery -- as follows:

"Chassis R1 made its debut at the Spanish Grand Prix of 19 April 1970 in John Miles’ hands. It was soon apparent that the model’s complex suspension was overly ambitious but, while the sister car of eventual 1970 world champion Jochen Rindt (the sport’s only posthumous champion) was swiftly and extensively modified, the Miles car only received partial modification. Despite that he achieved seventh place in the Dutch GP and eighth position in the French event.

"Approached by established privateer Rob Walker to build a car for Graham Hill, Lotus converted R1 to a ‘parallel’ suspension set-up (akin to that found on Rindt’s reconfigured and victorious R2) before renumbering it as R4. Driven by Hill in the Oulton Park Gold Cup as well as the Canadian, American and Mexican Grand Prix, the single-seater was retired from works duty at the season’s end. It then briefly passed through the hands of Swiss ace Jo Siffert before being purchased by double World Champion Emerson Fittipaldi for display purposes.

"British international historic car dealer Adrian Hamilton repatriated R4 in 1985 and sold it to computer magnate John Foulston, whose Haslemere Sports Cars concern restored it and equipped it with a brand new Cosworth DFV engine. The last person to race it was Foulston’s wife Mary. It has not been used since the early 1990s and will therefore need recommissioning."

We’ve smashed the PH piggy bank this morning but a competitive bid looks increasingly unlikely. Let’s just hope the new owner gets it back to rude health and we all get the chance to hear that DFV crackle and scream at a circuit sometime soon...

More here: http://www.ddavid.com/formula1/lotus72.htm

Author
Discussion

Vodka Margarine

Original Poster:

6,632 posts

220 months

Wednesday 2nd May 2007
quotequote all
If I were a rich man....

scotty_917

1,034 posts

228 months

Wednesday 2nd May 2007
quotequote all
anybody have any idea on what it's worth? scratchchin

dinkel

27,123 posts

264 months

Wednesday 2nd May 2007
quotequote all
Those old skool F1's are luverly:



scotty_917

1,034 posts

228 months

Wednesday 2nd May 2007
quotequote all
dinkel...are those pics taken at Spa? scratchchin

drgp

202 posts

220 months

Wednesday 2nd May 2007
quotequote all
They look like they were taken on my backroom floor - love my old style scalextric racers cloud9 (though the wifes not a fan).

Not sure of the real value of these cars as surely the "history" of any race car is totally lost as the things are completely rebuilt. This may not include a single piece/component of the original R1. Is the value in the vin plate or some 'essence' of the original?

FourWheelDrift

89,408 posts

290 months

Wednesday 2nd May 2007
quotequote all
Vodka Margarine said:
If I were a rich man....


"Daidle-deedle-daidle-digguh-digguh-deedle-daidle-dum"

I'd love that, I'd need to rearrange my finances though.

Liver for sale - 74,785 miles
One careful owner. Never raced or rallied. Only used on Sundays to go to church, FSH.
£3,000,000 ONO. No tyre kickers or time wasters.

"So can we have your liver?"

Andrew Noakes

914 posts

246 months

Wednesday 2nd May 2007
quotequote all
scotty_917 said:
anybody have any idea on what it's worth? scratchchin


Estimate is £220k-£260k - but it sounds like it needs lots more spent on it. That DFV will need a five-figure rebuild...

Mattygooner

5,301 posts

210 months

Wednesday 2nd May 2007
quotequote all
Probably go for £300,000

If we all chip in........

dinkel

27,123 posts

264 months

Wednesday 2nd May 2007
quotequote all
scotty_917 said:
dinkel...are those pics taken at Spa? scratchchin


yes

http://pistonheads.com/gassing/topic.

Somewhere

rimmer

6,687 posts

212 months

Wednesday 2nd May 2007
quotequote all
if only bank robberies were easier.....

kurtiejjj

164 posts

223 months

Monday 7th May 2007
quotequote all
rimmer said:
if only bank robberies were easier.....


Or drug dealing.....