An Ultra-Rare 1995 McLaren F1 Road Car Sold at Auction for a Record $20.5 Million USD

A 1995 McLaren F1 road car, described by the company as a “time capsule,” set a record auction price of $20.465 million USD at Gooding & Company’s Pebble Beach Auctions on Saturday.

The car had less than 390 kilometers (243 miles) on its odometer, and had previously been housed in a private Japanese collection. Called Chassis 029, the vehicle has rarely been seen by the public.

Gooding & Company took heightened interested in the “carefully maintained and rarely driven” car, which came complete with its original Goodyear Eagle F1 tires, original FACOM tool chest, fitted luggage, titanium tool kit, official ‘Driving Ambition’ book and special TAG Heuer watch. According to McLaren, this particular model was the 25th road car built and the only one finished in the one-off metallic color dubbed “Creighton Brown” that is complemented by a light tan and dark brown leather upholstery interior.

“Just 106 of the iconic three-seater, V-12-engined F1 road cars were produced between 1992 and 1998, with just 64 being completed to original road car specification,” McLaren writes. “To this day it remains the fastest naturally aspirated production car with a top speed of 240 mph — helping to cement its status as one of the most desirable of all collector cars.”

Gooding & Company President and Founder David Gooding called the sale “a historic moment” for the company and for wider automotive industry.

The previous record was set by a 1994 McLaren F1 “LM-Specification” that sold for $19.8 million USD in 2019.

In other news, last month Saudi Arabia’s Public Investment Fund became a minority shareholder in the British automotive brand.