Porsche 911 GT1 Headed to Monterey Auctions

Jason Siu
by Jason Siu

One of the rarest Porsches ever made will be heading to RM Auctions in Monterey on August 18th, and is estimated to fetch anywhere from $1.25 million to $1.4 million.

The Porsche 911 GT1 was originally designed for competition in the GT1 class of sportscar racing, but a street legal version was created for homologation purposes. Dubbed the 911 GT1 Strassenversion (Street Version), the German automaker produced a mere 25 of them – and only one is known to have been imported to America.

Powered by a 3.2-liter, twin turbo engine with 544-hp, this particular vehicle has less than 4,500 miles on the odometer. Compared to its race car variant, the Strassenversion has a higher ride height, slightly softer suspension, more practical road gear ratios, and a milder tune on the engine. And of course, the interior is much more daily-driver friendly than race-ready.

0-60 mph is achieved in a mere 3.6 seconds, while the top speed is limited at 194 mph. Original retail price of the 911 GT1 Strassenversion was $912,000 back in 1998. According to the auction listing, the vehicle was acquired in 2003 from its previous owner by Don Wallace, a collector of modern super cars and founder of Lazy Days RV out of Florida. Wallace meticulously kept the 911 GT1 in a climate-controlled facility, ensuring that it stayed pristine throughout the years.

GALLERY: Porsche 911 GT1

Jason Siu
Jason Siu

Jason Siu began his career in automotive journalism in 2003 with Modified Magazine, a property previously held by VerticalScope. As the West Coast Editor, he played a pivotal role while also extending his expertise to Modified Luxury & Exotics and Modified Mustangs. Beyond his editorial work, Jason authored two notable Cartech books. His tenure at AutoGuide.com saw him immersed in the daily news cycle, yet his passion for hands-on evaluation led him to focus on testing and product reviews, offering well-rounded recommendations to AutoGuide readers. Currently, as the Content Director for VerticalScope, Jason spearheads the content strategy for an array of online publications, a role that has him at the helm of ensuring quality and consistency across the board.

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