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Collector Car News

  • Italian Sports Cars Lead the Charge in Paris +

    The collector car world will turn its attention to Paris in early February. Here are some consignments that are sure to make headlines: A 1954 Lancia Aurelia B24 Spider America (pictured) will come to market at RM's Paris sale on February 4. View all the RM consignments here. Bonhams will offer a 1960 Read More
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  • First Glimpse — Amelia Island Auction Headliners +

      Collectors will once again flock to Amelia Island in mid-March for the Concours d'Elegance and four classic car auctions. The first star consignments have just been announced: Gooding & Company have consigned a 1961 Ferrari 250 GT Series II Cabriolet (pictured above). The Gooding auction takes place March 13. Read More
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    Early consignments at Bonhams' February 5 Paris sale include the ex-Giuseppi Campari 1931 Alfa Romeo 6C 1750 Supercharged Gran Sport Spider (Bonhams estimate: $2.2m-$2.9m); a 1904 Panhard et Levassor 35HP ($860k-$1.1m); and a 1970 Ferrari 365 GTB/4 ($610k-$740k). View all the current consignments here. Read More
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    Early headliners at RM's February 3-4 sale in Paris include a 1939 Alfa Romeo 6C 2500 Sport Berlinetta gifted from Benito Mussolini to his lover, Claretta Petacci (RM estimate: $2.3m–$3m); a 1935 Delahaye 135 S once owned by Jean-Hilippe Peugeot of the Peugeot Motor Company ($1.5m–$2m); a 1969 Porsche 911 S Factory Rally Read More
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One of the enduring fantasies in the automobile hobby is that of flinging a pure racing car about on public roads



2005 mercedes benz clk gtr coupe 2006 mercedes benz clk gtr roadster


By the mid 1990s, there was growing interest at Mercedes-Benz and Porsche in returning to an ultra-exclusive form of racing featuring homologated race cars in the tradition of the great Gran Turismo cars of yesteryear.

The result was the FIA GT Championship, which commenced in 1997 to great fanfare. Mercedes-Benz and AMG entered the top-level GT1 class to compete head-on with the Porsche 911 GT1 and the BMW-powered McLaren F1.

Each manufacturer was required to produce at least 25 homologated road cars. The task was monumental. AMG had only four months to design, build, and test both a competitive race car and its road-going brother.

McLaren's entrance into the FIA GT1 class required that its F1 road car be outfitted in racing trim. By contrast, the AMG solution to homologation was quite the opposite. Instead of building a race car from an existing sports car, AMG set about creating an all-new GT1 contender-nothing less than road-going race cars.

Per FIA regulations, Mercedes built 25 of these machines, with minimal additional creature comforts. Up front, next to the inboard front suspension and radiator system, rested an air conditioning unit, along with ABS for additional safety. Cargo space improved slightly with two small storage compartments under each upward-swinging door, while the interior featured leather appointments.

Although no major aerodynamic changes were made to the car, its rear wing was sculpted to fit the body more smoothly and the front air dam was redesigned. Gear changes were lightning-quick, thanks to a paddle-operated 6-speed sequential gearbox lifted directly from the GT1 race cars. The mid-mounted 6.9-liter V12 rested directly behind the driver, producing a raw and menacing exhaust note.

Of the 25 homologated CLK GTRs built for road use, the first 20 were coupes like their racing counterparts. This car is the 13th in the series and is confirmed as the only right-hand-drive CLK GTR built. It was constructed for a prominent collector and sold new for over $1.5m. The car has never been road registered and has only 15.6 delivery miles. Completed in January 2005, it is essentially brand new.

Of the 25 Mercedes-Benz road-going CLK GTRs built to meet FIA requirements, only five were roadsters. The roadster variants of the CLK GTR are virtually identical to the coupes, with the exception of a removable top panel and integrated roll bar. This car is number two in the series and the only right-hand-drive Mercedes-Benz CLK GTR roadster. Like the coupe, this car is virtually brand new. It was completed in August 2006, has just 21 delivery miles, and has never been road registered. It cost a staggering $2m.

{analysis}{auto}1394{/auto} These cars sold at RM's Automobiles of London Auction in England on October 28, 2009-the coupe for $865,208, and the roadster for $1,020,034.

One of the enduring fantasies in the automobile hobby is that of a pure racing car to fling about on public roads. The image of blazing across the Futa Pass in your 250 GTO or TR, the exhaust howling behind you as (to use P.J. O'Rourke's wonderful phrase) "the oncoming curves uncoil at you like a crazed Mamba snake," is one of those sweaty-palms dreams that has driven car collectors since the beginning.

It's why racing cars, particularly those of the 1950s and '60s, sell for huge premiums over their road equivalents. And it is what has kept mechanics, restorers, and replica builders busy for decades. It is one of the core myths of our business.

Nobody in his right mind would use one



The problem with myths, dreams, and fantasies is that they are exactly that, and the cold reality is that pure racing cars have not been acceptable road cars since the late 1950s. As race tracks evolved from rough public roads to carefully designed venues with sculpted turns and baby's bottom-smooth asphalt, race cars became both perfectly suited to perfect tracks and completely unsuited to public roads.

Newer racers are too low, too stiff, too demanding, too noisy, and generally devoid of the comforts that make road cars work well. I'm not suggesting the road-legal variants of racing cars aren't fabulous things to lust after, only that nobody in his right mind would actually use one much. This limits the market to wealthy dreamers and collectors.

These two Mercedes-Benz CLK GTRs are perfect examples of my point. If there was a more breathtakingly beautiful or more car-lust inducing road-legal automobile available at the turn of this century, I can't recall it. Even though frighteningly expensive, if they were truly great cars you would expect them to have sold quickly, which does not appear to have been the case. According to my research, the 25 cars required to meet FIA rules were constructed between winter of 1998 and summer of 1999. The cars featured here were completed in 2005 and 2006; that's between six and seven years later. What happened?

A broker friend recalls being offered one in 1999 (he had no idea what to do with it), and the only other car I can find public record of was delivered in 2004. Did some or most of the 25 cars sit unsold in AMG's warehouse for all that time? Why? I've been unable to find anyone who can tell me.

It's generally my job at SCM to write about racing cars, but these clearly aren't racing cars; they have never and will never participate in a serious race (though their siblings certainly did). Neither are they road cars in the common usage of the term. You could drive them on the road, but nobody has and most likely nobody will.

These cars are uncompromised mechanical art



These cars fit a third category of collectible automobiles-uncompromised mechanical art. The motivations for and rewards from owning them are more like those for watches or firearms: You revel in the complexity, the workmanship, the precision, and the artistry of the package; you marvel at how wonderfully it does what it's supposed to do; you take great pleasure in simply being able to own such a beautiful and rare example. After that, worrying about whether it's really any fun to use on a regular basis would sully the experience. That's not why you collect things like this.
The market for "ultra-supercars" is thin but real, and it is being chased by a bewildering assortment of small manufacturers who may not ever actually deliver a car. Suggested prices seem to be in the $750k-$1.3m range for new cars in this category, such as the Noble M15, Koenigsegg CCXR, and Bugatti Veyron. The CLK GTRs are effectively brand new, but they're ten-year-old designs with potential garage-rot issues and were not known for being user friendly.

On the other hand, they are Mercedes AMG, not some obscure off-brand, and they are iconic in appearance and reputation. These factors seem to balance out because both cars sold for substantially less than they cost their original owners, but for about what a comparable new ultra-supercar would sell for today. I'd say that both the CLK GTR Coupe and CLK GTR Roadster were rationally bought and will serve their respective new owners as glittering bookends to substantial collections.{/analysis}

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