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Mercedes, Record GT40 Head $220 Million Classic-Car Auction

By Scott Reyburn - 2012-08-20T17:11:27Z

Photograph by Bonhams via Bloomberg

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1997 GTC Gulf Team Davidoff McLaren F1 GTR

The most highly valued lot at Bonhams was a 1997 GTC Gulf Team Davidoff McLaren F1 GTR racer, again featuring powder blue and marigold livery. Estimated to raise as much as $5 million, it failed to sell in the salesroom and found a buyer shortly afterward for $3.85 million with fees, Bonhams said.