Unsold

1971 McRae GM1

VIN: 8Modified

$52,000

Unsold

High bid

Seller details

  • Auction

    Kruse Auctions

  • Location

    Auburn, IN; US

  • Event date

    Sep 5 - Sep 8, 2004

  • Lot

    704

Vehicle specs

  • Chassis/VIN

    8

  • Body style

    Formula 5000

  • Interior Color

    Black

  • Exterior Color

    Red

Vehicle details

Notes and observations recorded by Hagerty staff.

Equipment

Chevy V8, Webers, Hewland DG300, chromed suspension. Updated with 73 deformable monocoque for safety and later big front brakes. Restored in 1998. Not used since and looks like it but is clean and presentable although needing thorough race prep before being used.

Market commentary

This is an unusual car to find at Kruse Auburn and being out of character brought a bemused look from the bidders who prudently sat on their paddles. Its thunderous performance for not a lot of money and a lot less costly to maintain in race ready condition than even a DFV powered F1 car.

All prices shown here are based on various data sources, as detailed in About Our Prices. The Hagerty Price Guide is for informational purposes only and is not intended as financial advice. More information on how forecast models are calculated can be found on Forecasted Values page. For additional information and a complete description of benefits, visit hagerty.com/legal. Purchase of insurance not required for membership in HDC. Hagerty, Hagerty Valuation Tools & Hagerty Drivers Club are registered trademarks of The Hagerty Group LLC, ©2024 The Hagerty Group, LLC. All Rights Reserved. The Hagerty Group, LLC is a wholly owned subsidiary of Hagerty, Inc.