1972 Lamborghini Miura P400 SV

VIN: 4972

$4,900,000

Sold

Seller details

Vehicle specs

  • Chassis/VIN

    4972

  • Body style

    Coupe

  • Engine Type

    12-cyl.

  • Horsepower

    385

  • Induction

    4x3bbl Carb Weber

  • Interior Color

    Blue leather

  • Exterior Color

    Red

  • Generation

    1966-1972 Lamborghini Miura

Vehicle details

Notes and observations recorded by Hagerty staff.

Equipment

3929/385hp, 5-speed, gold wheels.

Condition

This Miura SV, Chassis 4972, was built in 1971 and finished in Rosso Corsa with gold rocker panels over tan leather. It sold new to an Italian living in Germany, before a later British owner converted it to right-hand drive in the 1980s. A Hong Kong collector bought it in the 1990s and commissioned a full restoration. Then, singer Jay Kay of Jamiroquai bought it, and it featured in a 2004 episode of Top Gear. It sold on again and received a full restoration in Italy in the 2010s, returning it to its original left-hand drive but giving it a blue leather interior instead of the original tan. Otherwise, it has its original engine, chassis, and body and was represented in concours condition.

Market commentary

It sold at the RM Sotheby’s “Dare to Dream” auction, which featured a collection owned by financier Miles Nadal that included 140 cars and motorcycles as well as hundreds of pairs of collectible sneakers. Despite top shelf Ferraris like an F40 (sold for $3.47M), an F50 ($4.24M), an Enzo ($4.295M), a LaFerrari ($3.69M) and a 275 GTB/4 ($3.305M), the upstart Lamborghini flew past its $2.75M—$3.5M estimate and its #1 value of $3.65M to take the top spot of the sale and become the most expensive Miura ever sold at auction. It’s a bit of a surprise given the interior change and the steering wheel switcheroo, which would ordinarily be hindrances at auction on a car like this. Condition counts for a lot, though, and this car wears its restoration well. The car was also vetted by Lamborghini’s PoloStorico and issued a Certificate of Authenticity. And, speaking of documentation, we’ve heard that the stack of books and records that come with the car is a foot high. The setting, an auction full of high-dollar classic European cars in excellent condition, also helped. Then there’s the trajectory of Miuras in general. They have been consistently getting more valuable for well over a decade. “It is absolutely one of the most beautiful piece of automotive design, ever,” says Dave Kinney, publisher of the Hagerty Price Guide of Lamborghini’s breakout supercar. As for the market for them, “most people are realizing that Miuras really are worth the big money they’ve been selling for, so I don’t necessarily think this result is a one-off.” For now, though, the red and gold over blue beauty is the new king of the bulls.

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