World's Most Expensive Porsche Sells for $4 Million in Monterey

by Jared Paul Stern (RSS feed)
Aug 16th 2010 at 7:00PM

A rare 1970s Porsche racecar just fetched $4 million at Bonhams' sale in Monterey, setting a new world record for the most expensive Porsche ever sold at auction. The stunning and historic car, the ex-Jurgen Neuhaus/Jurgen Barth 1972-73 European Interserie and David Hobbs/Mike Hailwood Gulf-JW Automotive team 1972-73 Porsche 917 Interserie Spyder, neé 1970 Gulf-JWA Le Mans 917K Coupe (above), was hammered down after fierce bidding. The car is similar to the famed model driven by Steve McQueen in Le Mans. Many other strong prices were attained for Bonhams' rarest offerings, including a 1930 Mercedes-Benz 7.1 Liter SS Tourer for $2.5 million, and the ex-works, Gerhard Mitter/Lucien Bianchi Nurburgring 1000 kms-leading 1967 Porsche 910 Endurance Racing Works Coupe for $800,000. Earlier we reported on the nine Ferraris which each fetched over $1 million at RM Auctions' own Monterey sale.

Tags: Bonhams, California, classic cars, Ferrari, Le Mans, Mercedes-Benz, Monterey, motor racing, motorsports, Porsche, Porsche 917, racecar, RM Auctions, Steve McQueen, world record, worlds most expensive