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Lot 845

2005 Ford GT

  • Chassis no. 1FAFP90S55Y400002

Sold for $242,000

550 bhp, 5.4-liter aluminum mid-mounted V-8 engine, dual overhead camshafts, sequential multi-port fuel injection with dual injectors per cylinder, Roots-type supercharger, six-speed manual gearbox, four-wheel independent suspension with double wishbones, and four-wheel ventilated hydraulic brakes. Wheelbase: 106.7"

At the 2002 introduction of the modern-day GT40 concept car at the North American International Auto Show in Detroit, Michigan, Ford’s Vice-President of Design, J. Mays, declared the GT40 “the ultimate living legend.” Further, he added, “It's a true supercar with appeal equal to that of the greatest sports cars in the world, but with the addition of a heritage no one can match.” Such was the roaring approval from both the press and public alike that Ford’s CEO, William Clay Ford Jr., decided to give a limited production version the green light. The catch, however, was that he wanted the first production versions to be readied in just 16 months, in time for the Ford Motor Company centennial celebrations.

In turn, Ford’s Director of the Special Vehicles Team, John Coletti, harnessed the pure essence of the GT40 concept and made it street legal. Perhaps the greatest challenge was that the production version had to live up to the legacy of the original GT40, which it achieved with the help of the legendary Carroll Shelby. In just three months’ time, with a dream team of designers, engineers, and state-of-the-art CAD technology, the SVT team met the objectives set by Ford. When completed, the first three cars were driven onto the Dearborn Centennial stage with three living legends of the Ford motorsports pantheon. Three-time Formula 1 World Champion Jackie Stewart drove the first car onto the stage, with John Coletti as his passenger. They were followed by 1967 Le Mans winner Dan Gurney, who was driven on stage by Nick Sheele, Ford's Chief Operating Officer. Vice-President of Ford’s Advance Product Creation, Chris Theodore, with none other than Carroll Shelby riding shotgun, drove the final car.

Perhaps as an early sign of the amazing turnaround achieved by the Ford Motor Company over the next several years, the SVT team achieved its production goals, with the first examples of the GT trickling out of the pipeline in 2003. Full production began in the spring of 2004, with a limit of no more than 4,500 cars set. Assembly of the GT began at Mayflower Vehicle Systems in Norwalk, Ohio, and they were transferred to Saleen for paint application at their facility in Troy, Michigan. The GT engines were built at Ford’s Romeo Engine Plant in Romeo, Michigan, with final assembly including installation of the engine, transmission, and final interior fitments, handled by the SVT team at Ford’s Wixom, Michigan plant.

While all of the GTs produced are designated 2005 and 2006 models, the first examples were delivered to their fortunate new owners in August 2004. The first Ford GT made available to any member of the general public was chassis number 10; this example was sold directly from the Ford Motor Company to its new owner at a charity auction, which took place in August of 2003, and was delivered the following year.

Other examples were offered to select clientele; it was considered such a privilege to be offered one of these early cars that part of the purchase agreement included a clause that the owner had to hold the car for at least 24 months, during which Ford had the right of first refusal to buy the car back. Chassis numbers 01 through 09 were reserved for “internal use” by Ford, following a long tradition of those first examples being offered mainly to Ford family members and certain executives.

Mr. Dingman served on the Board of Directors of the Ford Motor Company for over two decades, helping steer the Blue Oval through some of the most difficult periods in its existence. In appreciation of his service and dedication, he was offered the opportunity to acquire one of these special reserve vehicles. On the order form sent to Mr. Dingman on May 18, 2004, a handwritten notation in the offering letter reads “car #2.” Subsequent paperwork includes the dealer order, dated October 13, 2004, the dealer invoice from Portsmouth Ford, dated October 14, 2004 and the original title, dated December 8, 2004. It is believed that chassis 01 is retained directly by Ford Motor Company, making chassis number 02 the lowest numbered example of a Ford GT that will likely ever be offered to the general public.

Naturally, the finish of the car today is consistent with the specifications denoted on the order form, which specifies that it be finished in Mark II Black (which is understood to have not been available to the public until later in the production cycle) and optioned with full strips and lightweight BBS aluminum wheels, which are shod with Goodyear Eagle F1 tires; it is further equipped with a McIntosh Audiophile Sound System. A peek in the engine bay reveals lots of aluminum finish, including the structural bracing, which provides ample indication of the engine’s potency. Of particular beauty is the interior, which is mostly black, save for aluminum console, gauge bezels, and other miscellaneous trim, including the aircraft-style electrical controls. In addition, the black leather bucket seats have racing-style ventilation holes in the cushion and seat back.

The total production of the Ford GT was cut short of its limit, with just 4,038 examples produced, ending on September 21, 2006. With an electronically limited top speed of 205 miles per hour, supported by cutting-edge technology as well as race-proven handling and braking, this Ford GT offers championship winning performance and a legendary pedigree. It continues to reside in the elite club of modern supercars, and this example will be set apart from all others due to the exceptional pedigree of its existence and its illustrious first owner.

Please contact our exclusive automotive transportation partner, Reliable Carriers, for a shipping quote or any other information on the transport of this vehicle.

Alexander Weaver

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California, United States

Alexander Weaver joined RM Sotheby’s in 2011 as a Car Specialist after graduating from Furman University in South Carolina. Born... read more

Augustin Sabatié-Garat

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United Kingdom

Augustin Sabatié-Garat joined RM Europe in 2012 as a Car Specialist after more than a decade in the collector car hobby. Gradua... read more

Barney Ruprecht

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Ontario, Canada

Barney’s interest in classic cars began at an early age after being introduced to his father’s all-original 1965 Porsche 911. Barney l... read more

David Swig

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California, United States

David Swig joined RM Sotheby’s West Coast division as a Car Specialist in May 2015. David is a life-long automobile enthusi... read more

Don Rose

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United States

Don joined RM in 2006 after several years of professionally trading sports and classic cars, and after earning a reputation as a noted... read more

Donnie Gould

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Florida, United States

Donnie Gould joined the RM team in 2002 as a partner and Car Specialist after more than two decades in the vintage automobile auction ... read more

Gord Duff

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Ontario, Canada

Gord Duff began his journey with RM Sotheby’s in 1998. Since then, he has gained an intimate knowledge of a variety of marques a... read more

Jake Auerbach

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California, United States

Jake Auerbach got his start in the automotive industry at an early age, spending his summers during high school working at a classic c... read more

Kurt Forry

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Having worked for Bonhams’ Automobilia department for over 10 years, Kurt Forry joined RM Sotheby’s with more than a decad... read more

Matt Malamut

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California, United States

A long-time car enthusiast and Southern California native, Matt studied Automotive Technology at San Diego Miramar College and complet... read more

Michael Squire

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United Kingdom

Michael Squire joined RM Sotheby’s European Division in the summer of 2016. He comes to RM with a prestigious racing background ... read more

Mike Fairbairn

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Ontario, Canada

As one of the three founding partners of RM Sotheby’s, Mike has a long-standing interest in the classic car industry. Graduating... read more

Oliver Camelin

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United Kingdom

With an extensive background in exotic sports car history and sales, a particular passion for American curves, and fluency in three la... read more

Paul Darvill

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United Kingdom

Paul Darvill joined the RM Sotheby’s European team at the beginning of 2015. Paul holds a degree in French and Politics from the... read more

Pete Fisher

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Ontario, Canada

Pete Fisher was first introduced to antique cars in high school, working for Classic Coachworks in his hometown of Blenheim, Ontario. ... read more

Shelby Myers

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California, United States

Shelby Myers grew up with the classic car industry infused into every aspect of his life. He had the unique opportunity to watch the R... read more

Tonnie Van der Velden

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United Kingdom

Tonnie Van der Velden joined RM Sotheby’s European division in September 2015 as a Car Specialist. A lifelong enthusiast, Tonnie... read more