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One of the rarest Fords ever made goes up for auction this month

via Mecum Auctions
This article was originally published at StateOfUnion.org. Publications approved for syndication have permission to republish this article, such as Microsoft News, Yahoo News, Newsbreak, UltimateNewswire and others. To learn more about syndication opportunities, visit About Us.

A rare 1966 Ford GT40 MkI Road Car, one of only 30 ever built, has been listed for auction by Mecum Auctions with an estimated value of over $7 million.

The car, with just 13,442 miles on the odometer, has not been publicly seen in 30 years and is considered a concours-quality gem.

The allure of the GT40 lies in its rarity, power, and iconic status as the American car that defeated Ferrari at Le Mans. (Trending: Trump Announces Heartbreaking Melania-Related Health Update)

Sam Murtaugh, COO of Mecum Auctions, said, “The GT40 is one of Ford’s great masterpieces, and it’s an extremely rare event to see one offered at public auction.”

“To put it in perspective, when a Picasso masterpiece comes to market, art collectors know that if they don’t act, it may never see the light of day again,” he continued.

“The result is a barely used, concours-quality GT40 that might have just 29 brothers and sisters on the planet,” according to AutoBlog.com.

“The GT40 is one of Ford’s great masterpieces, and it’s an extremely rare event to see one offered at public auction,” wrote the outlet.

“Mecum hasn’t provided a pre-sale estimate. According to Hagerty, the quality of this GT40 puts the coupe’s valuation at just over $7 million,” stated the report.

“Henry Ford II decided that if he could not buy the legendary sports car builder, he would beat them at their own game — and that’s just what he did with the GT40,” according to the auction house.

“Ferrari’s last win at Le Mans was in 1965 with its 250 LM, and at that time, Ford was just beginning to gain steam with its GT program. By 1966, Ferrari’s Le Mans dynasty was at an end,” they wrote.

The car’s history is tied to Ford’s victory over Ferrari, marking the end of Ferrari’s Le Mans dynasty and the Ford GT40’s subsequent sweep of the top three spots in the 1966 race.

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