This BMW M1 art car once belonged to Peter Gregg, one of America’s greatest race drivers, who campaigned a 3.0 CSL and participated in Le Mans and the 24 Hours of Daytona. Now, it’s up for auction with some artistic provenance.
Before Gregg tragically ended his own life in 1980, he ordered an M1 from his grateful employers at BMW. There, he had the car painted by artist Frank Stella, who became interested in motorsports after painting Gregg’s CSL that he raced in Le Mans. Stella painted the car to match a series of paintings he called “Polar Coordinates,” which were done in order to commemorate Gregg’s teammate Ronnie Peterson, who was killed in a crash at Monza.
“Sport and art have one key thing in common: in the end it comes down to satisfaction,” said Stella. “My philosophy is: always give of your best. Sometimes I’m surprised at what turns out, at other times I’m disappointed. Out here on the racetrack it’s very hard not to be thrilled.”
After Gregg’s death, his widow sold the car in 1990. Nine years later the next owner donated it to the Guggenheim Museum, who are now selling the car to finance other acquisitions. The M1 will be sold by Bonhams at Pebble Beach, where it is expected to go for $450,000 to $600,000.
[Source: Sports Car Digest]