Equipment
Lightweight style modification for vintage racing. Good cosmetics and apparently competent race prep. Very thorough replication of period lightweight coupes, but sits way high for modern historic competition and appears to need ... development. No recent racing history. No headlights, either.
Market commentary
This would appear to be a project undertaken at great expense but not completed, and thats almost guaranteed to sale proof a car, particularly a vintage race car. The seller may have six figures in it, but its not worth close to that, even complete and developed. The bid reported is a gift that a wise seller would have taken if only to relieve the pain of seeing it in the garage next week.