Incredibly rare 1967 Ford GT40 Mk I that's street legal is going up for auction and it's set to fetch millions

Published on Feb 17, 2026 at 3:35 AM (UTC+4)
by Molly Davidson

Last updated on Feb 17, 2026 at 3:35 AM (UTC+4)
Edited by Molly Davidson

A 1967 Ford GT40 Mk I isn’t supposed to have license plates.

It’s the kind of car you see in black-and-white racing photos, not waiting at a stoplight.

But one incredibly rare street-legal example is about to go up for auction in Florida.

And it could sell for as much as $8 million.

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This street-legal 1967 GT40 Mk I could sell for $8 million

The car up for sale is chassis P/1058, one of just 31 road-going GT40 Mk I models built by Ford Motor Company in the 1960s.

Back then, if you wanted to race at Le Mans, you couldn’t just build a full-blown race car. 

The rules said you had to make street versions too. 

So Ford basically took its race monster and made it just civilized enough to drive on public roads.

That doesn’t mean it suddenly became comfortable. 

It still had the same basic setup as the cars that went racing. 

The changes were small – a quieter exhaust, slightly softer suspension, and an interior that didn’t feel completely stripped out. 

This exact car was shown at Tasca Ford in Seekonk, Massachusetts, US, in April 1967 as part of a promotional program. 

Since then, it has been carefully looked after, shown at events like Circuit of the Americas in Austin, Texas, US, and restored in bright Carmen Red with a black interior.

Now it’s heading to auction with RM Sotheby’s, complete with all its paperwork and history. 

The estimate sits between $6.5-8 million, which is the kind of money that usually comes with a private island attached.

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It exists because Ford really wanted to beat Ferrari

The GT40 wasn’t built just to look cool.

It was built because Ford wanted to beat Ferrari at the 24 Hours of Le Mans

And not just once. 

Between 1966 and 1969, Ford won the race four years in a row.

To make that happen, it had to build road cars like this one. 

So every street-legal GT40 Mk I is basically a race car that’s been toned down just enough to pass as “normal.”

Only 31 were ever made, which is why they’re so valuable today. 

They aren’t replicas or modern throwbacks. 

They’re the real deal from the era when Ford decided it was done playing nice.

If this one really does hit $8 million, the buyer won’t just be getting a classic car.

They’ll be getting a road-legal piece of racing history.

And probably the loudest way possible to drive to school pickup.

DISCOVER SBX CARS: The global premium car auction platform powered by Supercar Blondie

With roles at TEXT Journal, Bowen Street Press, Onya Magazine, and Swine Magazine on her CV, Molly joined Supercar Blondie in June 2025 as a Junior Content Writer. Having experience across copyediting, proofreading, reference checking, and production, she brings accuracy, clarity, and audience focus to her stories spanning automotive, tech, and lifestyle news.