This Street-Legal Porsche 911 Gt1 Evolution Racer Just Sold for $3.1 Million

This ultra-rare speed demon isn’t your father’s 911.

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Photo: Sotheby’s

The inevitable result of a mid-’90s rules change for the 24 Hours of Le Mans switching from purpose-built prototypes to modified sports cars as the top class was the development of, well, purpose-built prototypes with license plates that were legal for the race. Porsche‘s 911 GT1 Evolution was the leading edge of this trend, quickly followed by the likes of the Mercedes-Benz CLK-GTR and others.

Photo: Sotheby’s

This 1997 example is one of those Porsches and a proud new owner just took it home from Sotheby’s Monaco auction, where it sold for a whopping $3.1 million. As far as a racing pedigree, it boasts 13 wins from 31 starts, includign three straight Canadian GT championship victories between 1999 and 2001. 

The ultra-rare racer carries the 911’s name and a flat-six engine configuration, but otherwise bears no resemblance to Porsche’s classic sports car.

Photo: Sotheby’s

Instead, this car is built on a carbon fiber composite and steel tube frame chassis in place of a normal production car’s stamped steel unitized body construction. 

Its twin-turbocharged 600-plus horsepower engine sits amidships, where a real 911’s back seat is, rather than cantilevered awkwardly out behind the rear axle, Volkswagen Beetle style.

Photo: Sotheby’s

Porsche built 41 GT1s, 18 as race cars and 23 as street cars. This particular car was built from a new chassis from Porsche to replace one destroyed in a racing crash. It ran a career of 29 races in Canada before retiring from the track in 2002.

Photo: Sotheby’s

Following a thorough refurbishment, this example is now the only GT 1 race car to be licensed for street use. Sounds like whoever bought it is in for a hell of a good time.

Photo: Sotheby’s
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