RM Sotheby’s announced the headline offering for its 2026 Miami sale during ModaMiami: a 1967 Ford GT40 Mk I road car, chassis P/1058—one of just 31 road-specified examples produced. Estimated at $6,500,000 to $8,000,000, the GT40 represents an exceptionally rare street-configured version of one of the most celebrated endurance racing machines ever created, sharing its DNA with the program that delivered four consecutive overall victories at the 24 Hours of Le Mans (1966-69), auction officials stated in a press release.
Conceived in an era defined by international motorsport rivalry, the GT40 remains among the most historically significant competition car programs of the 20th century. While the model’s racing achievements are widely known, the road specified Mk I occupies an even rarer tier, noted the release. Built in limited numbers to support homologation requirements, these cars preserved the core architecture and intent of the competition program while adding only modest concessions for street use, resulting in a class of automobiles prized for both scarcity and authenticity.
“This GT40 is special any way you look at it, from its impact on racing to its place in both American and European history, and its long-term collectability,” said Gord Duff, president of RM Sotheby’s. “This car is one of just a handful of truly pure GT40s among the 31 road-specified Mk I examples built, placing it among the most desirable of that already rare group. It’s been restored to an exceptional standard, thoroughly tested, and it remains what it was always meant to be, the perfect driving machine. Bringing a GT40 of this significance to Miami is a big moment.”
History of Chassis P/1058
Chassis P/1058 is further distinguished by its participation in Ford’s period marketing effort, the Promotion and Disposal Program, through which select GT40s toured dealerships to showcase the model to the public before being offered for sale. Finished in Carmen Red over a black interior, P/1058 was shipped from Ford Advanced Vehicles in Slough to Dearborn in late 1966 and assigned to the program in early 1967.
Research by GT40 authority Ronnie Spain notes that P/1058 was presented at the legendary Tasca Ford dealership in Seekonk, Massachusetts, during a Mustang anniversary celebration in April 1967, tied to the era’s Total Performance momentum and the GT40’s growing cultural impact.
Over the decades, P/1058 has benefited from knowledgeable long-term stewardship and careful, period-correct restoration work, including a return to its original Carmen Red, auction officials said. The car has been selectively exhibited and driven, including test miles at Circuit of the Americas, and it has earned concours recognition, underscoring the quality of its presentation.
Importantly for collectors, the GT40 retains key identifying details and a well-documented history, and its configuration and provenance are supported by leading marque research and registry documentation.