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The last genuine MG works rally car is up for auction, 35 years after it was retired from action competitive farewell, and is expected to fetch £90,000-£130,000 (R1-1.5-million) – more than 100 times the price of the road-going MGB in 1964.

BRX 854B was one of two MGB rally cars built by BMC’s competition department in 1964, when the road car was priced at £850 (the equivalent of R1700 at the time).

It made its racing debut in the Spa-Sofia-Liege rally in August 1964 and went on to compete a further five times as a works entry, in the Tulip, Acropolis, Geneva, Danube and RAC rallies, all in 1965.

It was retired in 1975 and has since then had a meticulous restoration, overseen by MG historian John Baggott and legendary MG racer Barry Sidery-Smith with meticulous attention to detail. Existing parts have been painstakingly restored or replaced and some non-standard period competition parts have been sourced with no expense spared.

Its first public appearance after restoration was at the Le Mans Classic in 2008 and it has the historical technical passport, meaning it’s eligible for other such prestigious events, including the Goodwood Revival, Monaco Classic GP and other pre-65 invitation races.

The MGB will be offered up on June 2, complete with documentation – including letters from the British Motor Industry Heritage Trust and the BMC competition department – original handbooks, racing instructions, receipts, restoration archive photographs, magazine articles and newspaper clippings from 1964 and 1965.

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A 1950 Aston Martin that raced twice at Le Mans sold for 550,000 pounds ($900,000) at an auction in London last night as demand contracted for other high-value classic cars.

The dark blue DB2 Team Car came fifth and third in the French 24-hour race in 1950 and 1951 respectively. It was offered with a low estimate of 250,000 pounds by RM Auctions, in association with Sotheby’s, at its annual “Automobiles of London” sale in Battersea Park.

The classic British racer had been owned by Aston Martin’s chairman David Brown, who coined the “DB” marque, and had been kept unrestored in the same private collection for the last 52 years.

“It was a strong price,” said Simon Kidston, a Geneva- based classic car adviser. “The purchase will give the buyer instant access to exclusive racing events like the Le Mans Classic,” Kidston said in an interview.

The sale raised a total of 10.9 million pounds with fees, with 81 percent of the cars successful, RM said. These figures include lots that were sold after the auction, such as a 1925 Alfa Romeo 6C 1750 GS that found a buyer later in the evening at 522,500 pounds, said RM. No figures were available for the number of lots left unsold at the end of the auction. The presale estimate for the event, which included 84 cars and 37 lots of memorabilia, was 10 million pounds.

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A new record high price for an MG sold at auction was set earlier this month, when a a pre-war MG K3 Magnette sold for 231,000 pounds, or the equivalent of $372,000, at H&H’s auction in Buxton, England. It wrested the high-price crown from a 1935 Magnette Airline Coupe sold in 2007 for 199,037 pounds.

It would take a book to detail the convoluted history of this car; in fact, a book has been written. Magnette-ised: The Pedigree of MG K3015-2 from 1934 to 2007, written by the seller, details the many changes the car has been through in the decades of its existence. H&H themselves described it as “the antithesis of a ‘matching-numbers’ car,” although it possesses an unbroken history as a genuine K3. The car is sort of like grandpa’s axe; the original frame was replaced with an unnumbered frame supplied by the factory, as was the original 1,086cc straight-six engine, and the body was changed from two-seater to single-seater, and back again. Further complicating matters is that the car’s original chassis, discarded in the late 1930s, has since been built up as a complete car.

There have been some lively discussions about the car’s authenticity on the website of the Triple-M Register, but the car’s long and colorful history has never been in question. For more, see the H&H website.

From: Hemmings Motor News

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Ok, I know things have been going up in price and that Triumphs have really been undervalued for a very long time, but $44,000 for a TR-4A really is a lot of money. This one was beautiful though, with surrey top and everything.

Check out the full story here at Autoweek, and please let me know what you think!

Popularity: 10% [?]