Way way back when the Gulf Motor Co. loaned the GT40 Gulf liveried car 1075, which I think is the LeMans winner, to the Indy Motor Museum I think I contacted Gulf to see if they wanted to sell the car. Or maybe I only thought about it. Anyway Harley Cluxton, a real GT40 enthusiast and classic car dealer, went to them and bought the car
. The reason I heard they sold it was that, at the time, they were thinking of not using the brand name GULF on US gas stations so there was no reason for them to keep objects around that were tied in with the GULF brand since they wouldn't be using it again. Does anyone close to GT40s know if this is true or just an old wive's tale? Also was it ever published what Harley paid for it? I think it later on sold to Rob Walton of Wallmart, who also has a Cobra Daytona coupe.
Since a sister car with a less distinguished history fetched $11 million at a recent Monterey auction, I figure that 1075, with its LeMans win, ought to be worth even more...
opinions, anyone?
Gulf-liveried GT40 1075, ex-Harley Cluxton
Started by
HistoryBuff
, May 30 2013 22:36
7 replies to this topic
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#2
Andretti Fan
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Posted 31 May 2013 - 02:10
Doesn't 1075 actually have back to back wins?
#3
raceannouncer2003
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Posted 31 May 2013 - 05:41
Doesn't 1075 actually have back to back wins?
I believe you are correct.
Vince H.
#4
Giraffe
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Posted 31 May 2013 - 11:05
Doesn't 1075 actually have back to back wins?
GT40 P 1075 02/68 : Daytona, 8, Ickx/Redman, DNF -03/68 : Sebring, 28, Ickx/Redman, DNF -04/68 : Brands Hatch, 4, Ickx/Redman, 1st – Monza, 39, Ickx/Redman,
DNF -05/68 : Nuerburgring, 65, Ickx/Hawkins, 3rd – Spa, 33, Ickx/Redman,
1st -07/68 : Watkins Glen, 5, Ickx/Bianchi, 1st -09/68 : Le Mans, 9, Rodriguez/Bianchi, 1st -02/69 : Daytona, 2, Hobbs/Hailwood, DNF -03/69 : Sebring, 22, Ickx/Oliver, 1st -06/69 : Le Mans, 6, Ickx/Oliver, 1st
http://gt40.net/
Edited by Giraffe, 31 May 2013 - 11:10.
#5
MCS
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#6
Emery0323
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Posted 31 May 2013 - 17:51
The reason I heard they sold it was that, at the time, they were thinking of not using the brand name GULF on US gas stations so there was no reason for them to keep objects around that were tied in with the GULF brand since they wouldn't be using it again. Does anyone close to GT40s know if this is true or just an old wive's tale? Also was it ever published what Harley paid for it? I think it later on sold to Rob Walton of Wallmart, who also has a Cobra Daytona coupe. Since a sister car with a less distinguished history fetched $11 million at a recent Monterey auction, I figure that 1075, with its LeMans win, ought to be worth even more...
opinions, anyone?
Nominally Gulf-branded fuels (gasoline/petrol) are still sold in the US. However, there is no longer a traditional oil-company infrastructure behind the brand, that was merged with what is now Chevron. The Gulf fuel brand/trademark is licensed to the Cumberland Farms convenience-store chain. So, here in the USA, you still see the Orange Gulf Logo on those Cumberland Farm stores.
Rob Walton (son of Sam Walton, founder of the Wal-Mart discount chain) definitely still owns 1075. I saw him drove it at the Monterey Historics in 2003, and it hasn't changed hands since. The Waltons are one of the richest business dynasties in the USA nowadays, and Rob Walton owns a number of other high-valued collector cars in addition to 1075.
On a related note, sister car #1076 won the special GT40 category at the Pebble Beach Concours that year, it was fresh from a very extensive restoration at the time.
I am not sure, but I believe I saw auction coverage of 1075(?) selling for ~ $2 million (?) in the late 1980's or early 1990's. I would agree, with the recent sale of the Serial Number 1074 should raise the value of 1075 to well into the eight figures. Rob Walton doesn't seem like the type to flip cars, and he definitely has no cash-flow problems, so it might be a long time before we know for certain.
#7
Supersox
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Posted 02 June 2013 - 06:43
And he is such a nice bloke.Nominally Gulf-branded fuels (gasoline/petrol) are still sold in the US. However, there is no longer a traditional oil-company infrastructure behind the brand, that was merged with what is now Chevron. The Gulf fuel brand/trademark is licensed to the Cumberland Farms convenience-store chain. So, here in the USA, you still see the Orange Gulf Logo on those Cumberland Farm stores.
Rob Walton (son of Sam Walton, founder of the Wal-Mart discount chain) definitely still owns 1075. I saw him drove it at the Monterey Historics in 2003, and it hasn't changed hands since. The Waltons are one of the richest business dynasties in the USA nowadays, and Rob Walton owns a number of other high-valued collector cars in addition to 1075.
On a related note, sister car #1076 won the special GT40 category at the Pebble Beach Concours that year, it was fresh from a very extensive restoration at the time.
I am not sure, but I believe I saw auction coverage of 1075(?) selling for ~ $2 million (?) in the late 1980's or early 1990's. I would agree, with the recent sale of the Serial Number 1074 should raise the value of 1075 to well into the eight figures. Rob Walton doesn't seem like the type to flip cars, and he definitely has no cash-flow problems, so it might be a long time before we know for certain.
#8
RA Historian
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Posted 03 June 2013 - 18:22
Such as the first Scarab sports racer, the third Chaparral 1, and many, many more.Rob Walton (son of Sam Walton, founder of the Wal-Mart discount chain) definitely still owns 1075. I saw him drove it at the Monterey Historics in 2003, and it hasn't changed hands since. The Waltons are one of the richest business dynasties in the USA nowadays, and Rob Walton owns a number of other high-valued collector cars in addition to 1075.
