Jag D-Type fetches $28.7m at auction, highest ever price for British car

Jag D-Type fetches $28.7m at auction, highest ever price for British car
Jag D-Type fetches $28.7m at auction, highest ever price for British car
Jag D-Type fetches $28.7m at auction, highest ever price for British car

Jag fetches highest price for British car

A JAGUAR D-Type that won the 1956 24 Hours of Le Mans was last week sold at auction in Monterey in California for a record $28.7 million (US$21.8m).

The final bid was a staggering US$19.8 million, which with auction fees brought the car’s selling price to $26 million.

It was the priciest car sold during last week’s Monterey Car Week and the highest price paid for a British car.

The previous record for a Jaguar was the $17.3 million paid for a 1953 C-Type that ran fourth at Le Mans, also at Monterey, last year.

The 1955 D-Type from the Scottish Ecurie Ecosse stable was almost in the same condition it was in when Ron Flockhart and Ninian Sanderson had their 1956 Le Mans win. The car was retired just one year later and had had only three private owners since Ecurie Ecosse sold it.

“XKD 501 is without question one of the world’s most significant competition cars,” RM Sotheby’s car specialist Shelby Myers said.

“What’s more is its amazing originality; pure in terms of body, chassis and engine, there is no other Le Mans winner from this period that is as original as this car.”

Power in the D-Type comes from a 3.4litre inline-6 driving the rear wheels via a 4-speed manual transmission. It also had disc brakes, which Jaguar pioneered for automotive use.

A top speed of 272km/h was recorded by the car at Le Mans.

This D-Type Jaguar, still in its Le Mans-winning Ecurie Ecosse livery, was last week sold for $28.7 million.