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Larry Ellison’s McLaren F1 auctioned for $3.6M

Larry Ellison McLaren F1

Larry Ellison’s McLaren F1 from 1995 was auctioned during Pebble Beach weekend by Gooding & Company and sold for $3,575,000. A remarkable rise in value because 15 years ago, when the McLaren F1 was new and also one of the best supercars at that time, the car was priced at only $970,000.

The most expensive car sold at Pebble Beach was a classic 1959 Ferrari 25 GT LWB California Spider Competizione which was sold for $7,260,000 but the McLaren F1 was the newest car there. The next youngest car was from 1969, a Ferrari 365 GTB/4 Speciale which was sold for half the price of the McLaren.

The McLaren F1 is probably the surely the only production car from the 90s to have this impressive rise in value and during Pebble Beach weekend it came at #45 on Gooding’s top ten money earners.

[Source: Luxist]

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