Monterey

19-20 August 2016

The Jim Click Ford Performance Collection

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Lot 141

1966 Ford GT40 "P/1061"

  • Chassis no. P/1061

$3,750,000 - $4,250,000


Please note that this vehicle is offered on a Bill of Sale. Please note that Internet bidding is not available for this lot. Interested parties that are unable to attend the sale may register to bid by telephone or place a commission bid online at rmsothebys.com.

Est. 450 bhp, 351 cu. in. OHV V-8 engine with four 48 IDA Weber carburetors, five-speed ZF 5DS-25 manual transmission, independent front suspension with unequal-length A-arms and Koni adjustable shock absorbers, independent rear suspension with trailing arms, unequal-length A-arms, and Koni adjustable shock absorbers, and four-wheel stage II Girling ventilated disc brakes. Wheelbase: 92 in.

  • Offered from the Jim Click Ford Performance Collection
  • One of 31 Mk I road cars
  • Retained for promotional use by Ford’s Merchandising department
  • A frequent and highly competitive vintage racer


Backing out of an acquisition with Ford was perhaps the nail-in-the-coffin of Ferrari’s success at Le Mans, and the Ford GT40 hammered that coffin shut. Henry Ford II decided that if he could not buy Ferrari, he would beat them at their own game, and that is just what the GT40 did. Ferrari’s last win at Le Mans was in 1965 with its 250 LM and at that time, Ford was just beginning to gain steam with its GT program. By 1966, Ferrari’s Le Mans dynasty was at an end, and Ford would not only win, sweeping 1-2-3 in 1966, but GT40s would put America at the top of the podium at the Circuit de la Sarthe every year until 1969.

Only 31 Mk I examples were specifically built for use on the road. These examples featured similar mechanical specifications to their race-winning counterparts but were outfitted with a few more luxuries for comfortable use, including fully upholstered interiors. Mechanically, they utilized softer suspension settings, more compliant brakes, as well as a quieter exhaust. Regardless, these GT40s were still very much racing cars though intended for the open road. As a result, many of them wound up in the hands of privateers, looking to either take them racing, or get the closest possible experience to driving on a racetrack, albeit on public roads.

CHASSIS NUMBER P/1061

Chassis number P/1061 was completed in late 1966 and finished in Duguesclin Grey. Rather than being sold and delivered to a private owner, it was immediately sent to Ford’s own facilities in Dearborn, Michigan. Earmarked as one of 20 vehicles to be used for the Mk I Promotion and Disposal Program, it was one of just seven Mk I GT40s consigned to the Car Merchandising department for promotional use.

For this purpose, the GT40 received white racing stripes and roundels with the #5 to give it a more race-inspired look. At this time, it was also modified with twin-rear Mk II brake scoops. The GT40 took to the road and was used throughout 1967 in Ford’s Southeast Region Sales District, where it would be displayed at dealerships and auto shows, and used in demonstration laps at SCCA events. During this time, P/1061 was shown as far south as Florida and as far north as Virginia. At the end of its time on the display circuit, the GT40 was purchased by Bill Watkins Ford and refinished red before being sold to Harry T. Heinl of Toledo, Ohio. Under his ownership, the car unfortunately had an accident during a snowstorm and Heinl sold the GT40 to his mechanic, Ken Kloster, buying a replacement Mk I GT40 shortly thereafter.

Kloser repaired the car in 1969 and sold it not long after. The GT40 passed to Herb Wetanson in 1972 and then to Chris Long of Henley-on-Thames in the United Kingdom. It was then sold to Brice Spicer in Australia in 1974 and 10 years later was acquired by another Australian, noted racing driver Bib Stilwell, who was living in Phoenix, Arizona, at the time.

Stilwell had John Horsman, a key figure involved in the development of the GT40 and former Gulf-Wyer chief engineer and team manager, handle the car’s preparation for vintage racing, and it was rebuilt to similar specifications as the iconic Gulf Racing GT40s of 1969, though finished in dark green metallic with a yellow center stripe. It was later featured in the May 1984 issue of Australian Motor Racing.

Perhaps its most notable vintage racing victory was in September of 1989 at Watkins Glen for the 25th Anniversary Celebration of the GT40 with the SVRA. Piloted by Don Roberts against a multitude of other GT40s, Don Roberts and P/1061 finished first, even beating Sir Stirling Moss, who was driving a GT40 with a much more powerful 7-liter engine. In 1992, it was purchased by Jim Click and has been enthusiastically raced across the country during his tenure, proving to be an excellent competitor.

During Click’s ownership, the car’s current 302-cubic inch V-8 was bored out to 351 cubic inches, making an estimated 450 brake horsepower and built to appear visually similar to a 289-cubic inch engine. At the same time, the car’s shocks and uprights were rebuilt, along with its brake calipers. Prior to the Monterey Historics in 2015, the car was fitted with new brake and clutch master cylinders, and both fuel cells were replaced. Additionally, all the fuel lines and the fuel pump was replaced in 2010. Throughout Click’s ownership, the car had been maintained as necessary to make it safe and reliable on the track. Prior to the auction, all the cracks in the car’s fiberglass bodywork were repaired and the car has been fully repainted in its distinctive green and yellow livery. The car has only been raced three times following its engine rebuild and remains fully ready to return to the track.

Arguably the most successful and iconic American racing car ever built, the GT40 ushered in a new era of motorsport. At vintage racing events both in the United States and Europe, GT40s have proven to be immensely popular on the road and on the track. They are frequent sights at events such as the Monterey Historics, the Goodwood Festival of Speed, and the Tour Auto. For the vintage racer, one would be hard pressed to find a more eligible, exciting, and competitive automobile. On numerous occasions, chassis number P/1061 has found itself at the top of the podium and will surely find itself at the front of the pack in the future. A highlight of the Jim Click Ford Performance Collection for over two decades, it will surely be an exciting machine for its next enthusiast driver.

Please contact our exclusive automotive transportation partner, Reliable Carriers, for a shipping quote or any other information on the transport of this vehicle.

Alexander Weaver

aweaver@rmsothebys.com

+1 864 313 6844
California, United States

Alexander Weaver joined RM Sotheby’s in 2011 as a Car Specialist after graduating from Furman University in South Carolina. Born... read more

Augustin Sabatié-Garat

asabatie-garat@rmsothebys.com

+44 (0) 74 1511 4179
United Kingdom

Augustin Sabatié-Garat joined RM Europe in 2012 as a Car Specialist after more than a decade in the collector car hobby. Gradua... read more

Barney Ruprecht

bruprecht@rmsothebys.com

+1 203 912 7168
Ontario, Canada

Barney’s interest in classic cars began at an early age after being introduced to his father’s all-original 1965 Porsche 911. Barney l... read more

David Swig

dswig@rmsothebys.com

+1 415 302 2247
California, United States

David Swig joined RM Sotheby’s West Coast division as a Car Specialist in May 2015. David is a life-long automobile enthusi... read more

Don Rose

drose@rmsothebys.com

+1 617 513 0388
United States

Don joined RM in 2006 after several years of professionally trading sports and classic cars, and after earning a reputation as a noted... read more

Donnie Gould

dgould@rmsothebys.com

+1 954 566 2209
Florida, United States

Donnie Gould joined the RM team in 2002 as a partner and Car Specialist after more than two decades in the vintage automobile auction ... read more

Gord Duff

gduff@rmsothebys.com

+1 519 352 4575
Ontario, Canada

Gord Duff began his journey with RM Sotheby’s in 1998. Since then, he has gained an intimate knowledge of a variety of marques a... read more

Jake Auerbach

jauerbach@rmsothebys.com

+1 310 559 4575
California, United States

Jake Auerbach got his start in the automotive industry at an early age, spending his summers during high school working at a classic c... read more

Kurt Forry

kforry@rmsothebys.com

+1 717 623 1638
California, United States

Having worked for Bonhams’ Automobilia department for over 10 years, Kurt Forry joined RM Sotheby’s with more than a decad... read more

Matt Malamut

mmalamut@rmsothebys.com

+1 805 231 6410
California, United States

A long-time car enthusiast and Southern California native, Matt studied Automotive Technology at San Diego Miramar College and complet... read more

Michael Squire

msquire@rmsothebys.com

+44 (0) 20 7851 7070
United Kingdom

Michael Squire joined RM Sotheby’s European Division in the summer of 2016. He comes to RM with a prestigious racing background ... read more

Mike Fairbairn

mfairbairn@rmsothebys.com

+1 519 352 4575
Ontario, Canada

As one of the three founding partners of RM Sotheby’s, Mike has a long-standing interest in the classic car industry. Graduating... read more

Oliver Camelin

ocamelin@rmsothebys.com

+44 (0) 75 0110 7447
United Kingdom

With an extensive background in exotic sports car history and sales, a particular passion for American curves, and fluency in three la... read more

Paul Darvill

pdarvill@rmsothebys.com

+44 (0) 20 7851 7070
United Kingdom

Paul Darvill joined the RM Sotheby’s European team at the beginning of 2015. Paul holds a degree in French and Politics from the... read more

Pete Fisher

pfisher@rmsothebys.com

+1 519 784 9300
Ontario, Canada

Pete Fisher was first introduced to antique cars in high school, working for Classic Coachworks in his hometown of Blenheim, Ontario. ... read more

Shelby Myers

smyers@rmsothebys.com

+1 310 559 4575
California, United States

Shelby Myers grew up with the classic car industry infused into every aspect of his life. He had the unique opportunity to watch the R... read more

Tonnie Van der Velden

tvandervelden@rmsothebys.com

+31 653 84 19 60
United Kingdom

Tonnie Van der Velden joined RM Sotheby’s European division in September 2015 as a Car Specialist. A lifelong enthusiast, Tonnie... read more