1970 Ford Mustang

£24,464
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THIS CAR.

The details of this Ford Mustang

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RM Sotheby's - Fall Carlisle

AUCTION

5th Oct 2012

AUCTION DATE

1970 Ford Mustang

LOT DESCRIPTION

£24,464

PRICE GBP
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$39,600

PRICE USD
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N/S

CHASSIS NUMBER

€ 30,457

PRICE EUR
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N/S

ODOMETER
1970 Ford Mustang

This well-documented Mustang Pace Car/Promotional Vehicle (from Texas International Speedway) is stated to be equipped with its original drivetrain including a 351-cid, four-barrel carbureted V-8 engine and “Cruise-O-Matic” automatic transmission. It features power steering, power brakes with front discs, AM radio, functioning clock, white interior, factory Shaker hood, tinted glass and air conditioning. It was purchased in 1997 from a gentleman who bought the car in the 1980s out of Texas, where it was commissioned to an accurate nut-and-bolt rotisserie restoration. It has been kept in his climate-controlled garage and is driven a handful of times a year. It has been highly documented, including Marti Report and the original bill of sale. This Calypso Coral Mustang is believed to be a rare edition with an extensive history that is further explained below: The American Raceways Inc. and Texas International Speedway Story– In 1969, American Raceways, Inc. (ARI), made an agreement with Ford to build 100 High Performance Mustangs to be used as Pace Cars and Official Raceway Promotional Vehicles. As the cars drew near to completion, ARI was running into financial struggles with the building of the new Texas International Speedway that was scheduled to host the finale race on December 7th, 1969. In result, Ford was burdened with the Mustangs. Luckily, Ford was able to sell the cars to a group of auto brokers in Kansas City sponsoring a "Performance Day" celebration. Ford sold 96 'Original ARI Mustangs' and 90 High Performance Torino's to the group, which held their celebration at the local speedway on November 11th, 1969. The 96 Mustangs, mostly Mach 1's, and five convertibles, were sent to a local Kansas City detail shop where the ARI Logos were removed and replaced with an Oval Ford Logo on the front quarter, and on the rear quarter applied Twister Logo. This was how the rare sought after Twister Special was born. Nevertheless, even with ARI having serious cash flow problems in late 1969, the Grand Opening of the Texas International Speedway in College Station and the NASCAR Season Finale was still scheduled to go. In order to keep NASCAR from cancelling the event, ARI president Larry LoPatin had to raise funds from investors. In addition, ARI still needed to have pace cars for the tracks. Apparently, he was able to raise enough money to re-order and pay for another 100 ARI High Performance Mustang pace cars to be distributed to the five American Raceway tracks. Halfway through the build, Ford ran out of the 428's and was forced to put the new 351 engine in the remaining cars. The build was successfully completed and the high-performance Mustangs were present for the grand opening and final NASCAR race at Texas International Speedway on December 7th, 1969.

CATALOGUE DESCRIPTION FROM RM SOTHEBY'S

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FACT

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The motto on the United Kingdom’s Royal Coat of Arms is in French. The motto is “Dieu et mon droit”, which means “God and my right”.

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