1939 Model Type 64 #03 Porsche Set To Sell For $20 MILLION At Auction In California

Auto valuation experts believe some enthusiastic soul with deep pockets will fork over $20 million for the antique collectible known as the Type 64 #3.

If it happens, it would be the most expensive Porsche purchase in world history, according to Road and Track.

The one-of-a-kind antique Porsche is scheduled to be auctioned RM Sotheby's in August during the 2019 Monterey Car Week in Monterey, California.

Designed for racing, the Type 64 sports car actually predates the creation of the inaugural Porsche 356 and the Porsche brand as a company by almost a decade.

It's currently owned by Porsche enthusiast and author Dr. Thomas Gruber of Vienna, Austria.

Porsche engineer and founder Ferdinand Porsche's son, Ferry Porsche, originally came up with the idea for the Type 64 in 1939, but completed its design in 1940, according to Road and Track. 




The vehicle's rounded features mirror the popular Volkswagen beetle of the same era. However the Type 64 was supposed to help its creator win a 1,500 kilometer race between Berlin and Rome in 1939.

'Without the Type 64, there would be no Porsche 356, no 550, no 911,' RM Sotheby's car expert Marcus Görig said in a statement.

'This is Porsche’s origin story, the car that birthed the company’s legend, and it offers collectors what is likely an unrepeatable opportunity to sit in the seat of Ferdinand and Ferry Porsche. 


With this car, the new owner will not only be invited to the first row of every Porsche event worldwide—they will be the first row!' he added.

In 1948, Porsche debuted its first car, the 356, which appeared side by side with the Type 64 at an early appearance in Austria.

Sotheby’s Global Head of Auctions Gord Duff said: 'The Type 64 helped define what a sports car is today.'

'It carries many of traits we’ve seen throughout seven decades of Porsche production and still see in some of the marque’s most sought-after contemporary models,' he added.


Music: "Bummin on Tremelo" Kevin MacLeod (incompetech.com)Licensed under Creative Commons: By Attribution 3.0 License http://creativecommons.org/licenses/by/3.0/
Source: Daily Mail, Road and Track

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