"Mythical" Aussie racing car to go under the hammer

Fri Nov 12, 2010 6:10am EST
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By Pauline Askin

SYDNEY (Reuters Life!) - Gentlemen, open your wallets.

A piece of Australian racing history so rare some say it approaches myth goes up for sale next week: a car once owned by motor sport legend Peter Brock.

What's more, the 1987 red Holden VL HDT Director is said to be the car that led to Brock's breakup with automaker Holden, which he represented for decades.

The classic Director, one of eight cars that Sotheby's Australia expects to sell by the end of business on Tuesday, is predicted to fetch around 300,000 Australian dollars ($297,900).

"This car hasn't even been seen by the public for nearly ten years so it's almost mythical," James Nicholls, National Head of Collectors' Motorcars, told Reuters.

"The reason this car is so important is it was a very advanced car in Australia for its time."

Considered by some aficionados the most scarce and sought-after car ever built in Australia, it was purchased for A$87,000 and restored by its owner to what Sotheby's terms "meticulous condition."

Sotheby's said it has travelled only 12,000 kilometers (7,456 miles) and still has its original paint.   Continued...