Peter Brock’s HDT VH Commodore, which won back-to-back Bathurst 1000 races in 1982 and 1983, smashed auction records last weekend when it sold for $2.1 million, $500,000 above estimates.
The total cost, including a 7.5% buyer’s premium, is $2,257,500. The buyer remains anonymous.
That figure smashed the previous record for the country’s most expensive Australian-made car, set earlier in June when a Ford GTHO Phase 3 Falcon once owned by fast bowler Jeff Thomson sold for $1.03 million.
Lloyds Auctions Head Auctioneer Bill Freeman said it was clear Brock’s legacy — he died in a racing accident 12 years ago — remained strong.
“The amount paid for this car doesn’t surprise me with its rich history and shows that the market is strong and is continuing to grow,” he said.
As a result of the price paid and interest in the auction of Brock memorabilia, Lloyds believes that many more race cars, cars with chrome bumpers and cars with links to Peter Brock will soon surface to the market.
While that sale grabbed headlines, the surprise was that around half the vehicles failed to reach their reserve and were passed in. Lloyd Auctions expects to get a result on many of them in post sale negotiations.
His Bathurst DNF 1987 Commodore VL car, sold for $860,000 including buyer’s premium on an estimate of $605,000.
Brock’s 1984 Bathurst VK Commodore, known as the “Big Banger”, was passed in for $850,000, despite a $625,000 price guide, amid ongoing controversy over whether it’s the actually car 25, which came second.
The Bathurst motor racing museum claims it has the winning vehicle in its collection, and while the car for sale has logbooks to back its bona fides, the Brock family believes the museum has the right car.
The Brock collection went up for auction just five months after collector Peter Champion, who ran a Brock museum in Yeppoon, Queensland for six years from in 2007, sold them to an anonymous buyer who subsequently put them up for auction during the Bathurst race.
Champion said the auction result “really shows that Peter’s legacy lives on and that people valued him as not only as one of the best drivers in motorsport but as a person”.
Business Insider Emails & Alerts
Site highlights each day to your inbox.