The $12 Million GT40 Confusion — And What It Might Signal for the Collector Car Market [Yahoo! Finance]
CAROLL SHELBY INTL INC (CSBI)
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Source: Yahoo! Finance
Messages, tips, and “confirmations” poured in rapidly, many insisting the deal was done quietly after hours. The excitement felt justified. After all, this wasn't just any GT40 — it was a car driven by Carroll Shelby himself. But that story turned out to be wrong. The car at the center of the rumor, the 1965 Ford GT40 MkI known as chassis P/1018, went unsold when it crossed the block on Friday, January 16. Despite its extraordinary provenance — including documented use by Shelby, extensive period show history, film appearances, and decades of high-level historic racing — no winning bid met the seller's expectations. The confusion didn't come out of nowhere. Mecum's Kissimmee auction delivered a wave of legitimate, headline-worthy results throughout the weekend. Multiple cars achieved record-breaking prices. Seven-figure sales were frequent. The energy on the floor felt different from recent years, with bidders showing renewed confidence and a willingness to compete for the right
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