Businessweek

The $20 Million Nazi Porsche That May Not Be a Porsche at All

A car built for the National Socialist Motor Corps in 1939 has become the most controversial vehicle to go to auction in years.

The Type 64, designed by Ferdinand Porsche.

Photographer: Jack Schroeder ©2019 Courtesy of RM Sotheby's

In mid-August, during the Pebble Beach Concours d’Elegance, the world’s most prestigious car show, a vehicle that RM Sotheby’s is calling the Porsche Type 64 is expected to sell for about $20 million. It promises to be the most controversial sale of the year.

Price isn’t the issue. The auction estimate from RM Sotheby’s is far shy of the record $48.4 million paid for a 1962 Ferrari 250 GTO. The Type 64’s price would still qualify as rarefied, like that of the 1963 Aston Martin DP215, which sold for $21.45 million last year.