The Market


Gooding to offer McLaren F1 at Pebble Beach for $15m+

Gooding to offer McLaren F1 at Pebble Beach for $15m+ 16th June 2021

First it was RM with an ex-Gulf Porsche 917. Now arch-rival Gooding and Co has revealed another potential headliner for this year’s Monterey Week sales.

The 1995 McLaren F1 road car that will cross the block in the big white tent next to the Pebble Beach Equestrian Center this August is chassis 029, little-seen having spent much of its life in Japan. The car has covered just 390km from new. Its colour, ‘Creighton Brown’, named after a principal at McLaren, is unique, though the arty studio photos do not reveal its nuances. All will be revealed in two months’ time.

Gooding estimate the car at “in excess of $15,000,000”, which, with premium, puts it at around $17m. The last F1 sold at auction was by RM in August 2019. The modified (by McLaren to LM spec) F1 achieved $19.8m. Prior to that, Bonhams sold a low-mileage road car in August 2017 for $15.6m. On that basis, and recent private sales, Gooding’s estimate looks accurate.

Photos by Mike Maez. All images copyright and courtesy of Gooding & Company.