SAAC Forum

Deals and Appeals => Up For Auction => Topic started by: sfm5 on January 02, 2020, 12:25:06 PM

Title: 1967 GT40 on Hemmings
Post by: sfm5 on January 02, 2020, 12:25:06 PM
Just in case you wanted to treat yourself to just one more gift to yourself!

https://www.hemmings.com/classifieds/dealer/ford/gt40/2351469.html

Seller's Description: F40 Motorsports is proud to offer this 1967 Ford GT40 Mk IV Chassis: J-10 1 of 12 GT40 Mk IV Models Built.Chassis # J10 has been Driven in Can-Am Competition by Peter Revson, Jack Brabham, and George Follmer. Raced in the Can-Am Series by Notable Drivers Including Jack Brabham, Vic Elford, George Follmer, David Hobbs, and Peter Revson. Three Private Owners Since 1969. Four-Year Restoration Completed in 2017. 1967 Le Mans Specifications and Livery. Documented with a Copy of the 1969 Bill of Sale 427 CID OHV V-8 Engine Twin Holley 4-Barrel Carburetors Estimated 500 BHP at 6,400 RPM 4-Speed T-44 Manual Transaxle 4-Wheel Hydraulic Ventilated Disc Brakes 4-Wheel Independent Suspension with Coil-Overs
Price: $1,850,000
Title: Re: 1967 GT40 on Hemmings
Post by: Shelby_r_b on January 02, 2020, 12:31:32 PM
If I remember correctly, this car was featured on an episode of "Chasing Classic Cars".  The car was being restored, and it was subsequently sent to auction where it did not meet its reserve. 

F40 is Wayne C's dealership, and it could be that Wayne bought it from the previous owner after the car failed to sell at auction.

Cool piece!
Title: Re: 1967 GT40 on Hemmings
Post by: mark p on January 02, 2020, 12:33:50 PM
thanks, looks like a great piece - but according to the Bank - I can't afford it  :(
Title: Re: 1967 GT40 on Hemmings
Post by: Bob Gaines on January 02, 2020, 12:34:39 PM
It seems to be cheap relatively speaking by most other GT40 selling standards. I wonder if there is something about the car that is keeping the price down? ;)
Title: Re: 1967 GT40 on Hemmings
Post by: Vernon Estes on January 02, 2020, 01:06:35 PM
The car is a legit J Car chassis but the price is a result of the fact that the car was one of the two J cars which was built as a can-am chassis (G7As) to little success. They were running BOSS9 engines with all the trimmings.

The can am J chassis are pretty darn cool cars and, frankly, i think it is well priced even given the fact that it wasn't originally a MKIV car. A legit MKIV should bring well over $10m in todays market, even for the "worst" race history examples I would think.

FWIW, the other Can Am spec J chassis is also alive in well in SoCal, and also bodied as a MKIV now.

Kind regards,
Vern

Title: Re: 1967 GT40 on Hemmings
Post by: Steve McDonald Formally known as Mcdonas on January 02, 2020, 01:09:29 PM
I just bought myself a lottery ticket, if I win this is on the short list of cars I can't live without
Title: Re: 1967 GT40 on Hemmings
Post by: SCJSTU on January 02, 2020, 01:11:36 PM
Quote from: Vernon Estes on January 02, 2020, 01:06:35 PM
The car is a legit J Car chassis but the price is a result of the fact that the car was one of the two J cars which was built as a can-am chassis (G7As) to little success. They were running BOSS9 engines with all the trimmings.

The can am J chassis are pretty darn cool cars and, frankly, i think it is well priced even given the fact that it wasn't originally a MKIV car. A legit MKIV should bring well over $10m in todays market, even for the "worst" race history examples I would think.

FWIW, the other Can Am spec J chassis is also alive in well in SoCal, and also bodied as a MKIV now.

Kind regards,
Vern

Vern the low price shocks me too....especially since recently restored.......
Title: Re: 1967 GT40 on Hemmings
Post by: propayne on January 02, 2020, 04:48:05 PM
In among the photos was this old newspaper ad - maybe some of the history spelled out in this old clipping helps shed light on the asking price.

- Phillip

(http://www.saacforum.com/gallery/134-020120164605.jpeg)
Title: Re: 1967 GT40 on Hemmings
Post by: Special Ed on January 02, 2020, 05:25:13 PM
I think that's the car that the only known boss 429 mag. block engine with 8 stacks came from that we bought and is on display stand now and it was painted black probly to keep the mag from oxidizing. Dick Landy supposedly built this exotic engine even thou he is a big dodge scat pack  era racer always had a cigar in his mouth but he never smoked it!!!
Title: Re: 1967 GT40 on Hemmings
Post by: propayne on January 02, 2020, 05:49:49 PM
Any vintage pics of these two in their Cam-Am configurations?

Would love to see those.

- Phillip
Title: Re: 1967 GT40 on Hemmings
Post by: Coralsnake on January 02, 2020, 06:47:14 PM
Mr Gaines, I know you have some spare cash in that coffee can buried in your back yard, buy it!
Title: Re: 1967 GT40 on Hemmings
Post by: Bob Gaines on January 02, 2020, 07:19:47 PM
Quote from: Coralsnake on January 02, 2020, 06:47:14 PM
Mr Gaines, I know you have some spare cash in that coffee can buried in your back yard, buy it!
I would love to own it but I know the wife will not let me dig that deep  ;) . I would rather keep her then the car (just in case someone shows her this post ). :D There is always someone.
Title: Re: 1967 GT40 on Hemmings
Post by: propayne on January 02, 2020, 08:23:59 PM
Is this it?

- Phillip

(http://www.saacforum.com/gallery/134-020120202255.jpeg)
Title: Re: 1967 GT40 on Hemmings
Post by: SCJSTU on January 02, 2020, 08:39:23 PM
Well that old ad explains why the price is so low.........it morphed several times to today's configuration....

Still pretty cool car
Title: Re: 1967 GT40 on Hemmings
Post by: 1109RWHP on January 02, 2020, 10:11:15 PM
(https://i.imgur.com/r88OLCjh.jpg)
(https://i.imgur.com/6vEH5Uph.jpg)
(https://i.imgur.com/nJa1giOh.jpg)
Title: Re: 1967 GT40 on Hemmings
Post by: Bigfoot on January 02, 2020, 10:44:40 PM
I'm sure the price reflects not only the body changes but the fact that it was "crashed" and only part of the tub was kept with the car. Unless I read that wrong.
Where would the relevant serial number(s) be onnthis?
Title: Re: 1967 GT40 on Hemmings
Post by: Bigfoot on January 02, 2020, 10:46:28 PM
Can't just be that one tag in picture 13....?
Title: Re: 1967 GT40 on Hemmings
Post by: 1690 on January 03, 2020, 12:34:04 AM
I would never buy another car from F40/Wayne C.....
Title: Re: 1967 GT40 on Hemmings
Post by: honker on January 03, 2020, 07:53:14 AM
Just for reference here's a pic of the crash at Riverside Can-Am 1970. Both drivers got out ok.

Mike
Title: Re: 1967 GT40 on Hemmings
Post by: Coralsnake on January 03, 2020, 10:03:03 AM
How to ruin the greatest car ever built?
Title: Re: 1967 GT40 on Hemmings
Post by: propayne on January 03, 2020, 11:53:48 AM
^^^ Yeah, and you have to wonder why the car was so successful in "GT40" configuration and then almost terminally unreliable as a Can Am car.

- Phillip
Title: Re: 1967 GT40 on Hemmings
Post by: gt350hr on January 03, 2020, 12:09:03 PM
   The car with the #15 meat ball is not the same as the "winged" version. The # 15 clearly has the offset "stacks" indicating a tunnel port 427. The "winged car" has equal spaced stacks indicating a 494 or calliope engine. While J10 has many known drivers , NONE of them raced the car as a GT40 MK IV , because it wasn't until converted as the above information states. "To me" that is VERY mis leading and is likely what hurts the value of this car. A similar action would be using a real 289 Cobra to "build" the 7th , 8th , 50th Daytona coupe LOL.
    While not in the same category as the "modern run" of MKIVs done by Mike Teske , J10 simply wasn't a MKIV when built.
      Just this grumpy old man's opinion.
Title: Re: 1967 GT40 on Hemmings
Post by: honker on January 03, 2020, 12:28:33 PM
I think this shows the differences as pointed out by gt350hr in the previous post ?

Where was that car originally built ?

Mike
Title: Re: 1967 GT40 on Hemmings
Post by: mark p on January 03, 2020, 01:07:56 PM
Quote from: gt350hr on January 03, 2020, 12:09:03 PM
   ...While J10 has many known drivers , NONE of them raced the car as a GT40 MK IV , because it wasn't until converted as the above information states. "To me" that is VERY mis leading and is likely what hurts the value of this car... 
    While not in the same category as the "modern run" of MKIVs done by Mike Teske , J10 simply wasn't a MKIV when built...

Thanks Randy, I think that ^^^ pretty much nails it
Title: Re: 1967 GT40 on Hemmings
Post by: gt350hr on January 03, 2020, 06:18:44 PM
   And you guys thought I was just a "straight liner" ! Thanks to Honker ( Mike) for the pictures to back up what this "old guy" saw "in the day"
    You guys are great!
Title: Re: 1967 GT40 on Hemmings
Post by: shelbydoug on January 04, 2020, 09:47:02 AM
Quote from: gt350hr on January 03, 2020, 06:18:44 PM
   And you guys thought I was just a "straight liner" ! Thanks to Honker ( Mike) for the pictures to back up what this "old guy" saw "in the day"
    You guys are great!

A strait liner in what sense? I personally see some value in being a little bent here and there?  It helps keep the trouble makers at a comfortable distance?  ;D
Title: Re: 1967 GT40 on Hemmings
Post by: Vernon Estes on January 04, 2020, 01:49:43 PM
Quote from: gt350hr on January 03, 2020, 12:09:03 PM
   The car with the #15 meat ball is not the same as the "winged" version. The # 15 clearly has the offset "stacks" indicating a tunnel port 427. The "winged car" has equal spaced stacks indicating a 494 or calliope engine. While J10 has many known drivers , NONE of them raced the car as a GT40 MK IV , because it wasn't until converted as the above information states. "To me" that is VERY mis leading and is likely what hurts the value of this car. A similar action would be using a real 289 Cobra to "build" the 7th , 8th , 50th Daytona coupe LOL.
    While not in the same category as the "modern run" of MKIVs done by Mike Teske , J10 simply wasn't a MKIV when built.
      Just this grumpy old man's opinion.

I personally agree that, from a historical perspective I would prefer to see both the G7As in the config that they raced in originally.

With that said, the owners of the cars have made them into MKIVs likely because they are far more marketable and likely more valuable in that configuration regardless of never being built that way by Ford/Kar Kraft/SAI.

Agree or disagree, its just the way it is. The G7A can am cars just have little if any following because they had little if any success. The McLarens mopped the floor with just about any Ford powered car that ran in Can Am.

Kind regards,
Vern
Title: Re: 1967 GT40 on Hemmings
Post by: propayne on January 04, 2020, 02:20:09 PM
Being defeated by the (gorgeous) McLarens is one thing, but the long string of DNFs is interesting.

Glad the G7As still exist.

- Phillip