Equipment
289, Holley double pumper 4-barrel, cold air intake, 5-spoke alloy wheels, Goodyear Blue Streak tires, woodrim steering wheel, SW gauges, Plexiglas side and rear windows, braced roll bar.
Condition
Restored like new and showing some age but little if any use. Vinyl race numbers and Terlingua shield but otherwise in great, usable condition. This is the first GT350R built, driven by Ken Miles, Bob Bondurant, Chuck Cantwell, Peter Brock and Jerry Titus. 5R001 is actually the second R-Model built. Multiple B/Production race winner in 1965 when Cantwell took the SCCA B/P season championship. Award winner at Amelia, SAAC and Pebble Beach where it also took the Road & Track magazine special award.
Market commentary
Bidding was fast and furious but stalled at $3.4 million until the successful bidder was persuaded to bump the bid by $300,000 to $3.7 million and take it home. However, Mecum subsequently reports it sold for $3,750,000 all-in. It was reported sold at Mecum Indy in 2020 for $3.85 million all-in, $3.5 million hammer, making this result a lateral move. It was the top sale of Mecum’s blockbuster 2022 Kissimmee auction until the post-block adjustment.