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£343.8k

1999 Panoz LMP-1 Roadster S

Bonhams • US • 18 Aug 2023

Market Position:

Rare Sale

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£343,789

1999 Panoz LMP-1 Roadster S

US • 18 Aug 2023

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Vehicle Details

AI Listing Summary

This is the second Panoz LMP-1 Roadster S, chassis 002, with a strong racing history, including an 11th place finish at the 1999 Le Mans. It is currently a rolling chassis, needing significant work (engine, drivetrain) to be race-ready, but comes with a parts book and available replacement parts.

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Condition 

3

The car is described as a 'show car/rolling chassis' in need of major work to be recommissioned as a functional race car. It requires significant updates to the electrical, hydraulic, and powertrain systems, and is sold as-is.

/ 10

Manual

1999

Auction

LHD

United States

£343.8k

1999 Panoz LMP-1 Roadster S

Bonhams • US • 18 Aug 2023

Market Position:

Rare Sale

Track live values and receive listing alerts

Description

Designed for an Élan Power Products Ford-based 6-Liter 620hp V-8 Designed for a rear-mounted Xtrac 6-speed sequential gearbox 4-wheel independent coil spring suspension 4-wheel Hitco Carbon disc brakes *The second LMP1 produced *Came 11th at the 1999 Le Mans 24 Hours *Successfully campaigned throughout the 1999 season *Carefully stored chassis for the past 22 years ready for a complete drivetrain THE PANOZ LMP1 The Panoz LMP1 turned conventional wisdom back-to-front, putting the engine in front of the driver who sat just in front of the rear wheels and next to the Xtrac sequential 6-speed gearbox.

It turned forty years of conventional wisdom about racing car design on its ear.

And it worked.

Don Panoz was a restless, ambitious, inquisitive character.

Son of an immigrant and champion featherweight boxer from Avezzano, Italy, Don did a tour in the Army, then headed to Duquesne University to study business.

While there he ran two pharmacies and in 1961 founded Milan (later Mylan) Pha...

Price Analysis vs Other LMP-1s

£343,789

Lowest Price (Since 2020)

£343,789

Median Price (Since 2020)

£343,789

Highest Price (Since 2020)

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World Record

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Average Price

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Rare Sale

This vehicle comes to market rarely. In auction records we've only seen 1 sold before

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Previous LMP-1 Sales

MOT Information

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Latest MOT mileage:

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Auction House Headquarters

Bonhams

101 New Bond Street, London, Greater London, W1S 1SR, England

Operating from London, Bonhams is a physical auction house handling classic, historic competition, and collector cars. They conduct live auctions globally, offering vehicle consignment, appraisal, and valuation services.

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