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Auction archive: Lot number 172

1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe

Quail Lodge Auction
15 Aug 2019 - 16 Aug 2019
Estimate
US$0
Price realised:
US$300,000
Auction archive: Lot number 172

1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe

Quail Lodge Auction
15 Aug 2019 - 16 Aug 2019
Estimate
US$0
Price realised:
US$300,000
Beschreibung:

10.2 Liter 4-cam/32-valve V8 Engine Fuel Injection 956bhp at 6,300rpm 5-speed Hewland VGC Transmission 4-Wheel Independent Suspension 4-Wheel Ventilated Disc Brakes *Lemans Classic eligible *Incredible race history *GMs answer to the Porsche 962 *With the current owner since 1992 *1 of only 7 GTP Corvettes produced, 1 of only 2 designed & fitted with V8 Power THE MOTORCAR OFFERED Here Bonhams is delighted to offer this 'GTP Corvette' as initially campaigned by Peerless Racing in the top-line American IMSA race series of 1987-88. But this particular race car's story is not confined to those home events. Oh no. This particular race car was later entered in the world's most prestigious single road race, the French Le Mans 24-Hour Grand Prix d'Endurance, where it appeared in 1990 as the Paul Canary/Dennis Kazmerowski Eagle Performance 'Group C' entry – only to falter during qualifying with an obscure electrical failure... Only seven such 'GTP Corvettes' were built, constructed to General Motors' order by legendary British specialist race car company Lola Cars Ltd of Huntingdon, England – the historic town chartered by King John as long ago as 1205. The cars design was a joint effort between the companies, with GM spending countless development hours in the wind tunnel testing and designing to maximize downforce and decrease drag. Of the seven GTP Corvettes built there, only the first and last chassis produced were designed and fitted with V8 engines, the others being turbocharged V6s. Four of the seven cars went to Hendricks Motorsport, one to Lee Racing and the last car built ('HU8811-01' now offered here) to Peerless Racing. As the last of the series, the car benefits from all of the advancements made and is the most developed of the seven cars. This former Peerless team car has been with the current owner since 1992. During its initial two-year career in the IMSA Series it carried 'Bud' and 'Bravo' sponsorship livery. During 1987 it was driven by David Hobbs and Jack Baldwin, then through 1988 it was entrusted to Jacques Villeneuve and Scott Goodyear. Villeneuve drove it in the Grand Prix of Palm Beach on April 23, the Mid-Ohio 500Kms on June 4 and (with Goodyear) in the Watkins Glen 500kms on July 2, finishing 5th in the GTP category. These majestically beautiful 'GTP Corvettes' are integral to the long and illustrious racing history of GM and of the Corvette family itself. The GTP Corvettes were perhaps the best-looking endurance racing Coupes of the 1980s, luxuriously proportioned yet purposeful and reflecting the form of the road-going production Corvette whose sales they were designed to promote. Chassis 'HU8811-01' offered here was known as the Peerless GTP Corvette. During its Peerless team IMSA career, this car ran a 366 cubic inch aluminium Donavan small-block V8 engine. It contested six IMSA races, three in 1988 and three in 1989, and always qualified in the top ten. Its best finish was 4th place in the 300km race around the Columbus street circuit on October 2, 1988, co-driven by David Hobbs/Jack Baldwin. On that occasion it was headed only by Geoff Brabham's Nissan and two Porsche 962s. One can judge a great frontline race car by the company it kept in period. This combination IMSA/Group C thoroughbred raced wheel-to-wheel with other such illustrious IMSA/Group C contenders as the Porsche 962s, Jaguars, and Nissans. Today within Vintage and historic racing a drawback of the Porsche 962 is the cost of maintaining and running them at a competitive level. Even a basic engine 'freshen-up' for a 962 could swallow some $80,000 plus. In contrast a Chevy 360/410 NASCAR-tune small-block V8 with up to 800bhp can be 'refreshed' for some $12-15,000 or replaced entirely at around the $45-50,000 mark compared to $200,000 pus for a 962 power plant. This opens the door to panoply of high-level and hugely enjoyable Vintage racing, with entry potential to all manner of top-profile International events unconfined just to the United St

Auction archive: Lot number 172
Auction:
Datum:
15 Aug 2019 - 16 Aug 2019
Auction house:
Bonhams London
Carmel, Quail Lodge Quail Lodge's West Field 7000 Valley Greens Drive (at Rancho San Carlos Rd) Carmel CA 93923 Tel: +1 415 391 4000 Fax : +1 415 391 4040 motors.us@bonhams.com
Beschreibung:

10.2 Liter 4-cam/32-valve V8 Engine Fuel Injection 956bhp at 6,300rpm 5-speed Hewland VGC Transmission 4-Wheel Independent Suspension 4-Wheel Ventilated Disc Brakes *Lemans Classic eligible *Incredible race history *GMs answer to the Porsche 962 *With the current owner since 1992 *1 of only 7 GTP Corvettes produced, 1 of only 2 designed & fitted with V8 Power THE MOTORCAR OFFERED Here Bonhams is delighted to offer this 'GTP Corvette' as initially campaigned by Peerless Racing in the top-line American IMSA race series of 1987-88. But this particular race car's story is not confined to those home events. Oh no. This particular race car was later entered in the world's most prestigious single road race, the French Le Mans 24-Hour Grand Prix d'Endurance, where it appeared in 1990 as the Paul Canary/Dennis Kazmerowski Eagle Performance 'Group C' entry – only to falter during qualifying with an obscure electrical failure... Only seven such 'GTP Corvettes' were built, constructed to General Motors' order by legendary British specialist race car company Lola Cars Ltd of Huntingdon, England – the historic town chartered by King John as long ago as 1205. The cars design was a joint effort between the companies, with GM spending countless development hours in the wind tunnel testing and designing to maximize downforce and decrease drag. Of the seven GTP Corvettes built there, only the first and last chassis produced were designed and fitted with V8 engines, the others being turbocharged V6s. Four of the seven cars went to Hendricks Motorsport, one to Lee Racing and the last car built ('HU8811-01' now offered here) to Peerless Racing. As the last of the series, the car benefits from all of the advancements made and is the most developed of the seven cars. This former Peerless team car has been with the current owner since 1992. During its initial two-year career in the IMSA Series it carried 'Bud' and 'Bravo' sponsorship livery. During 1987 it was driven by David Hobbs and Jack Baldwin, then through 1988 it was entrusted to Jacques Villeneuve and Scott Goodyear. Villeneuve drove it in the Grand Prix of Palm Beach on April 23, the Mid-Ohio 500Kms on June 4 and (with Goodyear) in the Watkins Glen 500kms on July 2, finishing 5th in the GTP category. These majestically beautiful 'GTP Corvettes' are integral to the long and illustrious racing history of GM and of the Corvette family itself. The GTP Corvettes were perhaps the best-looking endurance racing Coupes of the 1980s, luxuriously proportioned yet purposeful and reflecting the form of the road-going production Corvette whose sales they were designed to promote. Chassis 'HU8811-01' offered here was known as the Peerless GTP Corvette. During its Peerless team IMSA career, this car ran a 366 cubic inch aluminium Donavan small-block V8 engine. It contested six IMSA races, three in 1988 and three in 1989, and always qualified in the top ten. Its best finish was 4th place in the 300km race around the Columbus street circuit on October 2, 1988, co-driven by David Hobbs/Jack Baldwin. On that occasion it was headed only by Geoff Brabham's Nissan and two Porsche 962s. One can judge a great frontline race car by the company it kept in period. This combination IMSA/Group C thoroughbred raced wheel-to-wheel with other such illustrious IMSA/Group C contenders as the Porsche 962s, Jaguars, and Nissans. Today within Vintage and historic racing a drawback of the Porsche 962 is the cost of maintaining and running them at a competitive level. Even a basic engine 'freshen-up' for a 962 could swallow some $80,000 plus. In contrast a Chevy 360/410 NASCAR-tune small-block V8 with up to 800bhp can be 'refreshed' for some $12-15,000 or replaced entirely at around the $45-50,000 mark compared to $200,000 pus for a 962 power plant. This opens the door to panoply of high-level and hugely enjoyable Vintage racing, with entry potential to all manner of top-profile International events unconfined just to the United St

Auction archive: Lot number 172
Auction:
Datum:
15 Aug 2019 - 16 Aug 2019
Auction house:
Bonhams London
Carmel, Quail Lodge Quail Lodge's West Field 7000 Valley Greens Drive (at Rancho San Carlos Rd) Carmel CA 93923 Tel: +1 415 391 4000 Fax : +1 415 391 4040 motors.us@bonhams.com
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