The 25th McLaren F1 ever built with just 242 miles on the clock has just sold at an auction in the Monterey Car Week festival for an incredible $20,450,000 (£14.8m).

 

Going under the hammer with a bid of $18.6m (£13.4m) – the extra £1.4m was auction fees – the McLaren F1 sold in California set a new record for the price of the car that set the template for the new breed of hypercar.

 

The previous highest-selling F1 was back in 2019 when another example of the 240mph British technological masterpiece sold for $19 million (£13.7m) including fees.

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With a run of just 64 road cars, it's now thought demand could see values rise yet further with the McLaren set to become one of the top ten most valuable cars money can buy.

 

For that to happen prices of the F1, that was made from 1992 to 1998, would have to exceed the $22 million mark that an American-made Duesenberg SSJ sold for in 2018 to make it into the tenth spot.

autos, cars, mclaren, car news, cars on sale, classic car, record breaker, box-fresh 1995 mclaren f1 sells for £14.8 million
 

So what makes a McLaren F1 special?

 

 Well, apart from its astronomical value, the F1 came with a wild central-mounted driving position, an F1 inspired full carbon-fibre monocoque, a glorious naturally-aspirated 6.1-litre V12 and a featherweight kerbweight of just 1140kg.

 

This translated to performance figures that humiliated all its so-called supercar rivals. In fact, it took more than a decade for some rivals to catch up.

autos, cars, mclaren, car news, cars on sale, classic car, record breaker, box-fresh 1995 mclaren f1 sells for £14.8 million
 

Forget its 240mph top speed, ignore its rapid 3.2 second sprint from 0-60mph, the killer fact of the day was the three-seat McLaren's ability to out-accelerate a contemporary F1 car above 130mph.

 

Throw in its exclusivity and the fact closely-related race versions went on to win the world famous Le Mans 24 Hour endurance race in 1995 and you begin to appreciate how very special the F1 is.

 

Oh, and to help justify its huge price tag, the original owner has thrown in its original matching luggage, an F1-inspired wrist watch, a complete tool chest, roadside tool kit, owner's manual, service book and an official tome the describes in detail the painful development process undertaken to develop it.

autos, cars, mclaren, car news, cars on sale, classic car, record breaker, box-fresh 1995 mclaren f1 sells for £14.8 million
 

Of course, even an as new McLaren F1 isn't quite perfect, especially by modern standards.

 

The unassisted brakes desperately needed more power and life-saving ABS, there's no power steering and real skill and commitment is required to be able to drive one really quickly.

 

We'd also be highly suspicious of this car's original tyres that by now are decades past their best but none of the above will probably bother the owner of car number 25. With just 242 miles on the clock, it's unlikely the recently-sold F1 will ever venture on the road.

 

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