McLaren F1

A Look Inside Ralph Lauren's Billion-Dollar Garage

Filed under: Luxury Cars & Autos, Wealth

We've written before about the automotive treasures in Ralph Lauren's car collection; now Vanity Fair has gotten an inside look at the lavish garage / gallery the designer recently built near his posh Westchester, NY estate to house them. Lauren transformed a former car dealership's storage facility into a shrine to the best in automotive design, with rooms dedicated to famous marques; the Ferrari room is pictured above, with a rare 1958 Testa Rossa taking center stage. The 60-plus ultra-valuable vehicles are all kept registered and ready to drive anytime the designer feels like going for a spin.

The eye-popping collection includes a 1936 Bugatti Type 57SC Atlantic worth an estimated $40 million alone – the world's most expensive car – a 1934 Bugatti Type 59 Grand Prix, a 1938 Alfa Romeo Mille Miglia roadster, the world's only 1930 Mercedes-Benz SSK "Count Trossi" roadster, a 1957 Jaguar XKSS, a McLaren F1, a 1929 "Blower" Bentley, a Ferrari 250 GT, and the only Lamborghini Reventon Roadster in the U.S. All have been maintained carefully since new, or restored to perfection – and "sometimes beyond perfection," the magazine notes, as some have been painted in colors that the billionaire decided were better than the originals.

Tags: Alfa Romeo, Bugatti, car collection, classic cars, designer, Ferrari, Ferrari 250 GT, Jaguar, Lamborghini, McLaren F1, Mercedes-Benz, Ralph Lauren, Vanity Fair, wealth, Westchester, worlds most expensive

Larry Ellison's McLaren F1 Auctioned for $3.575 Million

by Jonathon Ramsey (RSS feed) —

Filed under: Luxury Cars & Autos, Auctions

The pre-sale estimate came good for Larry Ellison and his 1995 McLaren F1. Gooding & Company auctioned the Oracle honcho's supercar during Pebble Beach weekend, and the gavel slammed for good at $3,575,000. True, that's less than half the price of the top Gooding & Co draw, a 1959 Ferrari 250 GT LWB California Spider Competizione that went for $7,260,000. Still, the McLaren came in at #5 on Gooding's top ten money earners that weekend.

More telling, the car is only 15 years old and only cost $970,000 when new – the next youngest car was from 1969, a Ferrari 365 GTB/4 Speciale, that sold for half the price of the McLaren. The McLaren is probably the only production car out there in the last 30 years, and certainly the only nineties car, to claim that kind of appreciation. Not that Larry Ellison really needs it, but we hear he's serious about the Benjamins.

Gallery: Larry Ellison's McLaren F1 Auctioned by Gooding & Co

Tags: Gooding and Company, gooding company, larry ellison, mclaren f1, pebble beach, pebble beach 2010

Larry Ellison's McLaren F1 Up for Auction at Pebble Beach

by Noah Joseph (RSS feed) —

Filed under: Luxury Cars & Autos, Auctions

It's not every day that a McLaren F1 becomes available for purchase. After all, only a hundred were made. But that day is coming up, and coming up soon.

At the fast-approaching Pebble Beach Concours d'Elegance, Gooding & Company will auction off one very desirable example of the supercar that's still trouncing the competition a dozen years since it ceased production. This particular example, in silver with black interior, once belonged to Larry Ellison, whose company Oracle sponsored the McLaren racing team, and stands as one of the few ever registered for use in the United States. Pre-sale estimates place its value at around $3 million... give or take $500k.

[Image: Paul Litwinski © 2010 Courtesy of Gooding & Company]

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Tags: f1, gooding, Gooding and Company, gooding co, gooding company, larry ellison, mclaren, mclaren f1, monterey, pebble beach, Pebble Beach Concours dElegance

Did the Sultan of Brunei Buy 10 Aston Martin One-77s for His Billion-Dollar Car Collection?

by Jared Paul Stern (RSS feed) —

Filed under: Luxury Cars & Autos, Wealth

Back in February we reported on the mysterious filthy rich individual who purchased 10 Aston Martin One-77 supercars, limited to just 77 examples, for $1.7 million apiece or $23 million in total including fees. Now educated insiders are speculating that the Sultan of Brunei bought the cars to add to his multi-billion-dollar, 7,000-strong car collection, the world's most expensive auto hoard. According to Guinness World Records the Sultan's collection includes over 600 Rolls-Royces, more than 450 Ferraris, 570 Mercedes-Benzes, 380 Bentleys, 170 Porsches, dozens of Koenigseggs, and 20 Lamborghinis to name a few. He owns several rare custom, one-off and concept cars, some worth tens of millions apiece, including a Ferrari Mythos, a Jaguar XJ220 by Pininfarina, a Bentley Java, a Bentley Dominator SUV, bespoke Rolls-Royce and Ferrari station wagons, a Porsche Carma and a Koenigsegg Agera. Known for buying multiple models of supercars in order to have one in every color, he owns several McLaren F1s, six Ferrari FXXs, four Ferrari F40s and three Ferrari F50s. The Sultan, who's worth an estimated $20 billion, stores the collection in five heavily-guarded airplane hangars and employs a team of mechanics and specialists to keep the cars in perfect working condition.

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Tags: Aston Martin, Bentley, Brunei, car collection, Ferrari, Ferrari F40, Ferrari F50, Ferrari FXX, Jaguar XJ220, Koenigsegg, Lamborghini, McLaren F1, Mercedes-Benz, Pininfarina, Porsche, Rolls-Royce, Sultan of Brunei, supercars, wealth

McLaren Art Car by César Tipped to Top €2 Million at Auction

by Noah Joseph (RSS feed) —

Filed under: Luxury Cars & Autos, Auctions

When automobiles break the seven-figure mark at auction, they're usually pre-war or even post-war classics. But a sportscar from the 90s? This one is an exception.

As it is, the McLaren F1 remains a highly coveted collectors item, pristine examples still commanding seven-figure price tags in their own right. A race-spec McLaren F1 GTR is an even more sought-after rarity. But even in this field, this particular example is rarer still.

After racing it at Le Mans in 1994, French industrialist Jean-Luc Maury-Laribiére handed his McLaren over to famed artist César. The result has a similar effect as BMW's own art cars, which makes sense considering that the McLaren is powered by BMW engines and enjoyed factory backing in its motorsport exploits. This one-of-a-kind example is set to cross the auction block during the Le Mans Classic on July 9, where auctioneers Artcurial Motors anticipates it will fetch between $2.5 and 3 million.

Gallery: McLaren F1 GTR art car by César

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Tags: art car, art cars, artcurial, artcurial motors, bmw art car, bmw art cars, césar, cesar, f1, f1 gtr, le mans, le mans classic, mclaren, mclaren F1, mclaren f1 gtr

McLaren Celebrates 20 years from the Conception of the F1 Supercar

by Sam Abuelsamid (RSS feed) —

Filed under: Luxury Cars & Autos

McLaren F1s gather for a party – click above for high-res image gallery

Twenty years ago this spring what is considered by many to be the greatest supercar of all time was conceived. The McLaren F1 may not have the shear power and technological prowess of the more recent Bugatti Veyron, but the product of ex-formula one designer Gordon Murray's fertile mind was vastly more elegant from a pure engineering standpoint. While the Veyron throws in everything but the kitchen sink with four turbochargers on its V16 engine, all-wheel-drive and active aerodynamics, the F1 relied on a lightweight carbon fiber chassis and a highly tuned normally aspirated V12.

Engineering and design work began in March of 1990 and the first prototypes rolled out of the McLaren factory two years later. The first production example was delivered to a customer in late 1993. Customers soon decided they wanted to race the F1 and the factory prepared five cars for the 1995 24 Hours of Le Mans. Aside from a front splitter, rear wing, and requisite racing safety gear, the F1 GTR was almost stock and the engine was actually restricted compared to the road version. Those five cars finished 1st, 3rd, 4th, 5th and 13th first time out.

Ultimately, McLaren built 100 F1s including 72 for the street and 28 race cars along with six prototypes. Of those 21 returned to the factory last month for a celebration to mark 20 years as well as the launch of the new MP4-12C.

Gallery: McLaren F1 20th Anniversary

[Source: McLaren]

Tags: mclaren, mclaren automotive, mclaren F1, mclaren f1 20th anniversary, McLaren MP4-12C

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The World's Most Expensive Car... Wrecks

by Jared Paul Stern (RSS feed) —

Filed under: Luxury Cars & Autos, Wealth, Crimes and Misdemeanors

Here at Luxist we write a lot about the world's most expensive cars. Now the London Telegraph has compiled a list of the world's most expensive car wrecks, following Jackie Stewart's trashing of a Pagani Zonda supercar in Scotland, which my colleague Noah Joseph reported on last week. Here's the paper's list of flaming Ferraris, burned-out Bugattis and other smashed-up supercars. The values given are those at the time the crashes occurred as calculated by the Telegraph. Let's hope all the insurance was in order:

Tags: Bugatti, Bugatti Veyron, car crash, Ferrari, Ferrari 250 GTO, Ferrari Enzo, McLaren F1, Pagani, supercars

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McLaren Focuses on Efficient Sportscars, Hybrids Possible

by Jeremy Korzeniewski (RSS feed) —

Filed under: Luxury Cars & Autos, Green

McLaren MP4-12C – Click above for high-res image gallery

McLaren seems to think it's possible to have your cake and eat it too. Judging by the company's past and present performances, we wouldn't doubt them. Managing Director Anthony Sheriff sat down with Inside Line at the company's official launch, and plenty of interesting information was gleaned. For instance, McLaren has committed itself to producing the lowest carbon emissions per horsepower of any car on sale.

In order to promote both efficiency and performance, McLaren has set its target on reduced weight. Says Mark Vinnels, McLaren Automotive's program director, "Weight will always be the fundamental enemy of what we're trying to achieve. Our focus will be on achieving the best lightweight solutions at the given price point." That likely means that future models from the sportscar manufacturer will use exotic materials, possibly including heavy doses of carbon fiber and composites in structural areas.

Powertrains won't be neglected when it comes to efficiency either. Last summer, McLaren posted an ad looking for a hybrid powertrain engineer. Sheriff wouldn't rule out hybrid drivetrains, but was coy about their future applications. "We're about applying high technology to make our cars faster and more efficient. And we may make things in a different way to what you expect," he said.

Gallery: McLaren MP4-12C

Tags: hybrid, hybrid mclaren, hybrid supercar, HybridMclaren, hybrids, HybridSupercar, mclaren, mclaren F1, mclaren hybrid, McLaren MP4-12C, McLaren p11, MclarenF1, MclarenHybrid, MclarenMp4-12c, MclarenP11

$2 Million Supercar Catches Fire in California

by Noah Joseph (RSS feed) —

Filed under: Luxury Cars & Autos

The internet is rife with reports of wealthy motorists – evidently possessing more money than driving skill – completely wrecking their six- or seven-figure exotic sportscars. But this one's a special case. What you're looking at here is the burnt-out husk of a McLaren F1, one of only 100 ever made and even fewer imported by the grey market to the United States. Its owner reportedly likes taking his prized possession on long journeys, but evidently hadn't started it up in a while – six months, according to reports – before taking a drive through Santa Rosa, California, where the engine burst out in flames last week on Airport Boulevard. Ordinarily that kind of damage would be cause for an insurance write-off, but considering that the car is said to be worth $2-2.5 million and is insured for $3 million, and that the repairs surely wouldn't come anywhere near that amount, the insurance actuaries decided to pack it up and send the vehicle back to England where it was made to be repaired.

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