Monterey Sports & Classic Car Auction

18 - 19 August 2006

Lot 471

1994 McLaren F1

To be auctioned on Saturday, August 19, 2006

Sold for $1,705,000

  • Chassis no. SA9AB5AC4R1048014


Less Than 3,300 Miles From New and 49 State Legal 627bhp, 6.1 liter quad-camshaft, 48 valve V12 engine, six-speed manual gearbox, independent suspension via double wishbones with light alloy dampers, co-axial coil springs and four-wheel disc brakes. Wheelbase: 107"

The McLaren F1 was conceived in 1988, when Ron Dennis, Mansour Ojjeh, Creighton Brown and Gordon Murray were discussing production cars in an Italian airport lounge. When their plane finally took off, it had been decided that McLaren, already a dominant force in Grand Prix racing, would build the finest performance car in the world.

In December 1992, just 34 months after the design team came together, the first prototype McLaren F1 was driven. Within four years they had succeeded. Another milestone was reached when in December 1993 the first production F1 was completed. While not originally intended by Gordon Murray to race, racing success was nevertheless reached in June 1995, when the GTR racing version won Le Mans in its debut outing, taking four of the top five places. Finally, in March 1998 the F1 established a new speed record for a production car at 240.1 miles per hour (386.7 kph). In June 1998, the last F1 was completed, a total of just 107 cars, a figure that includes all preproduction prototypes, competition cars and road going variants.

Before getting started, Murray and his design team decided that the McLaren F1 would not only have to be ultra lightweight like a race car and exhibit awesome performance, but also be reliable, comfortable and safe for everyday use. With vast experience in World Championship Formula One technology, the engineers behind the McLaren F1 created the first ever road car to feature an all carbon composite monocoque chassis structure. This exotic material combines the ultra low weight necessary for performance with exceptional strength and stiffness to exceed demanding industry safety requirements. Further design elements incorporated from Formula One were a central driving position (center seat), “Ground-Plane Shear” suspension geometry, “Intelligent” brake cooling, fan assisted ground effect aerodynamics and an air-brake foil which enhances aerodynamic stability under braking pitch-down.

Because of his strong relationship to BMW’s Paul Rosche from Murray’s days as chief designer for the world-championship-winning Brabham Formula One Team, McLaren Automotive approached BMW who were more than happy to design and build a V12 specifically for the F1. The finished product, BMW S70/2, a 6.1 liter, quad cam, 48 valve V12 power unit produces no less than 627bhp and drives through a bespoke six-speed transverse gearbox.

Standard options on every F1 road car include full cabin air-conditioning, Sekurit electric defrost/demist windscreen and side glass, electric window lifts, remote central locking, Kenwood CD stereo system, cabin access release for opening panels, tailored document case, cabin stowage department, four lamp high performance headlight system, rear fog and reversing lights, courtesy lights in all compartments, map reading lights, remote battery charging point, Facom titanium tool kit, external battery charger, a McLaren F1 owner/drivers handbook and exclusive hand made luggage in soft leather.

In March 1998, after achieving a record top speed of 240.14 miles per hour, the McLaren F1 confirmed that it was the fastest production car in the world. This record remained unbeatable until March 2005 when the 1001hp Bugatti Veyron was recorded at 253 miles per hour. McLaren’s achievement was particularly spectacular because the car was never conceived to achieve this record.

The top speed record was merely a consequence of its unrivalled focus and supreme engineering as the ultimate drivers’ car.

In May 1998, after building, selling and delivering 100 customer cars, McLaren ceased production. Of the 107 total cars constructed, seven were preproduction prototypes, 64 were F1 road cars, five were F1 LM road versions built to commemorate victory at Le Mans in 1995 (where five GTRs finished), and three were F1 GT road going versions of the long tail 1997 F1 GTR race car. The remaining 28 were F1 GTR race cars built for private customers competing in the FIA GT series and the ultimate test of machine, the 24 Hours of LeMans.

Although McLaren is no longer producing the F1 models, they are still running an elaborate servicing and support network for the cars. Primary support is provided by one of many local authorized service centers throughout the world (two are in the USA). If necessary, McLaren will fly a more specialized technician to your car or service center. Finally, in the rare case that major structural repairs are required, the car can be returned to McLaren. There are eight McLaren Authorized Service Centers around the world. Each one has technicians who have attended a dedicated training course at McLaren. For diagnostic purposes, every F1 is fitted with a modem, which enables McLaren headquarters to communicate with any F1 in the world. Not only can the technicians read any logged errors in the ECUs, they can carry out a series of diagnostic procedures on items such as central locking system and the air-conditioning.

The McLaren F1s are regarded as true automotive icons and they are arguably the Ferrari 250 GTOs of our generation. Several years down the line, it is easy to speculate that they will be worth several million dollars each. There is nothing else like them. No other supercar has the purity of purpose, focus and driver involvement of a McLaren F1. In fact, when compared to the upcoming 4,000lb 1001bhp Bugatti Veyron 16.4, the McLaren F1 is nearly as fast from 0 to 300 km/h (0-187.5 miles per hour). The McLaren does 0 to 180 mph in 20.3 seconds, while the Bugatti does 0 to 187.5 miles per hour in 16.7 seconds. By comparison, the Enzo does 0 to 187.5 miles per hour in 26.8 seconds and the Carrera GT does it in 34.2 seconds.

The example presented here is in full 49 state EPA/DOT compliance (which in itself is an extremely time-consuming and costly process) and has been recently serviced by BMW North America in New Jersey, which is the official East Coast McLaren service center. Please note that the interior is solid black, except for the driver's seat (tall/wide size), which has a yellow insert.

Further good news about this 3,224 mile yellow McLaren F1 is that it was constructed prior to 1996. Of the 64 F1 road cars, only 40 were built prior to 1996. This is of notable importance as the EPA mandates that for any 1996 (and later) car to be road legal in the U.S. it must be equipped with OBD-II (i.e. 2nd generation on-board diagnostic electronics). In the past, it has been economically unfeasible (i.e. $100,000 to $150,000!) to retrofit such a system to a vehicle not originally equipped/embedded with it from the manufacturer.

Apparently, it is now possible to fit such an OBD-II system at a reduced cost, but still quite expensive. The next owner can rest easy knowing he can enjoy the car in its present form without modification. However, please note this example is a 49 state car and does not meet california EPA/DOT requirements. It is complete with all ancillary items as delivered – luggage set, manuals and vehicle build sheet. The beautiful yellow paint and black leather interior are nearly flawless. As a special bonus, Michael Schumacher's signature (dated 12/03/96) is on the left side doorsill.

For the F1, it requires a few moments of thought to come to terms with the fact that only 64 of these exquisite cars will ever exist. Their rarity is guaranteed, and consequently, their value is likely to increase with time. The McLaren F1 remains as one of the world’s true modern supercars and in recent months private sales of similar examples have occurred in excess of the published auction estimate making the to possibility to purchase a virtually brand new, 49 state car such as this dramatic example a rare opportunity in all respects.

Addendum

In mid-2002, the car benefitted from a massive $50,000-plus comprehensive service carried out by McLaren Cars Limited in the United Kingdom. This included replacement of the fuel cells. Since arriving Stateside shortly thereafter, the car has been regularly serviced by BMW of North Americ, LLC in Montvale, New Jersey, the official east coast service and repair arm of McLaren Cars Limited, without regard to cost. All of the service work receipts can be found in the extensive documentation file.

Please contact our exclusive automotive transportation partner, Reliable Carriers, for a shipping quote or any other information on the transport of this vehicle.

Alain Squindo


Detroit, Michigan

Alain Squindo joined RM Auctions in 2007, after graduating from Georgetown University in Washington, D.C., with a degree in History. R... read more

Alex Classick

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United Kingdom

Alex Classick joined RM Europe in 2011 as a car specialist, after graduating from Nottingham University with a degree in Business Mana... read more

Alexander Weaver

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California, USA

Alexander Weaver joined RM Auctions in 2011 as a car specialist, after graduating from Furman University in South Carolina. Born into ... read more

Annette Abaci

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Germany

With post-secondary degrees in Economic Science and Mechanical Engineering, Annette Abaci initially worked part-time at Mercedes-Benz ... read more

Augustin Sabatié-Garat

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United Kingdom

Augustin Sabatié-Garat joined RM Europe in 2012 as a senior car specialist, after more than a decade in the collector car hobby... read more

Dan Warrener

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Ontario, Canada

Possessing a degree in Economics from Brandon University, Dan Warrener spent the initial stages of his career working around the globe... read more

Don Rose

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United States

Don Rose joined RM Auctions in 2006, after many years of professionally trading sports and classic cars, and after earning a reputatio... read more

Donnie Gould

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Florida, USA

Donnie Gould joined the RM team in 2002 as a partner and Car Specialist after more than two decades in the vintage automobile auction ... read more

Gord Duff

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Ontario, Canada

Gord joined RM Auctions in 1998, initially responsible for the transportation and logistics of the company’s auction and restora... read more

Ian Kelleher

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New York, United States

Ian Kelleher began his automotive career immediately following his graduation from Oberlin College, with a B.A. in Political Science. ... read more

Jack Boxstrom

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Ontario, Canada

Jack Boxstrom joined RM Auctions in late-1996 to assist with the recently acquired, and subsequently record-breaking, auction in Monte... read more

Max Girardo

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United Kingdom

Max Girardo started his career in the vintage automobile industry in 1998, joining Brooks Auctioneers (now Bonhams) as a car specialis... read more

Mike Fairbairn

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Ontario, Canada

As one of the three founding partners of RM Auctions, Mike Fairbairn has a longstanding interest in the classic car industry. Graduati... read more

Peter Wallman

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United Kingdom

Peter Wallman joined RM Europe in 2007, following nearly two decades in the international advertising industry, read more

Peter Giddings

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California, United States

A life-long car enthusiast, Peter joined RM’s California office with over half a century of experience in the automotive and rac... read more

Peter Blond

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United Kingdom

Peter Blond joined the RM Europe team in 2013 after being immersed in the collector car industry for more than 60 years. An... read more

Rob Myers

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Ontario, Canada

As chairman and founder of the RM Group of Companies, Rob Myers’s entire career has been devoted to the classic car industry. Ro... read more

Shelby Myers

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California, USA

Shelby Myers literally grew up with the classic car industry infused into every aspect of his life. He had the unique opportunity to w... read more

Vinnie Mandzak

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California, USA

Vinnie Mandzak joined RM Auctions’ California office in 2012 as a car specialist, following more than 30 years’ experience... read more

Jeff Whiteside

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Ontario, Canada

Jeff Whiteside joined RM Auctions as Chief Operating Officer and Chief Financial Officer following almost three decades in a diverse r... read more