Jump to content
greenelekta

Modified M1 for auction interesting!

Recommended Posts

Having seen it close up it is perhaps the furthest from lovely any M1 could ever be. It is a tip, and a pit, and so far removed from an M1 now it's a crying shame.

 

To add heartbreak to the story it doesn't actually hold any World Records as they were not verified or ratified...

Share this post


Link to post
Share on other sites

Depends how you define 'bargain'.  There is no documentation regarding the land speed record, except a pamphlet from BP. Exactly what was the record?  Fastest car running on BP AutoGas?

 

The most cost effective thing to do with it would be to totally strip it back to the shell and convert it back to a regular M1, or a ProCar replica, but you'd need an engine and the bodywork a lot of which is unobtainable.   You'd then end up with a car that would be unoriginal is almost every way, so maybe worth 350,000 Euros max, how much you'd need to spend to get the parts I don't know, maybe 500,000 Euros if you can find them.

 

The car really is a wreck.  The engine is incomplete and may be seized, it's not even the engine that was used for the Autogas 'record', apparently that engine had the sump ripped out of it. The interior is very badly damaged, the bodywork is badly effected by Osmosis, the chassis is probably very rusty as it's been standing outside for 10 years.  A conservative estimate on refurbishment of the car with the existing body work and engine would be about 1,000,000 Euros as it's all custom stuff, after which you might have something worth 250,000 - 300,000 Euros.  Maybe a bit of a cosmetic tart up and put it in a museum as a curio would be the best solution.

 

 

Share this post


Link to post
Share on other sites

Just as an aside, a lightweight that car isn't any more; the 'heavily' revised rear engine cover with spoiler/wing, NACA duct and necessary extra cooling fans is a two person job to lift now whereas the original is very much a one-person job. Add the weight of all the presumably similarly constructed bodywork modifications as well as the dozen or more speakers and amplifiers that sponsor Blaupunkt threw at the car and you have a very significant weight gain over the standard road going E26/1.

Share this post


Link to post
Share on other sites
19 hours ago, RichardP said:

Depends how you define 'bargain'.  There is no documentation regarding the land speed record, except a pamphlet from BP. Exactly what was the record?  Fastest car running on BP AutoGas?

 

The most cost effective thing to do with it would be to totally strip it back to the shell and convert it back to a regular M1, or a ProCar replica, but you'd need an engine and the bodywork a lot of which is unobtainable.   You'd then end up with a car that would be unoriginal is almost every way, so maybe worth 350,000 Euros max, how much you'd need to spend to get the parts I don't know, maybe 500,000 Euros if you can find them.

 

The car really is a wreck.  The engine is incomplete and may be seized, it's not even the engine that was used for the Autogas 'record', apparently that engine had the sump ripped out of it. The interior is very badly damaged, the bodywork is badly effected by Osmosis, the chassis is probably very rusty as it's been standing outside for 10 years.  A conservative estimate on refurbishment of the car with the existing body work and engine would be about 1,000,000 Euros as it's all custom stuff, after which you might have something worth 250,000 - 300,000 Euros.  Maybe a bit of a cosmetic tart up and put it in a museum as a curio would be the best solution.

 

 

 

My comment was based on the market values of M1s and how this one was sold at a relatively low price in comparison. The lighting wasn't great in the auction hall so it was hard to see the details that you have highlighted in your photos taken outside in the daylight.

I hope the buyer does something constructive with it.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

×