An amazing ‘barn stored’ 1969 Lamborghini Miura P400 S has sold for a whopping £1,105,000 at RM Sotheby’s London Sale at the Olympia event space in West Kensington 24 October 2019.
The Italian ‘time capsule’ is one of the last remaining examples of this desirable classic and has been preserved in completely unrestored and original condition. Paintwork, trim and all mechanicals are also untouched and authentic.
Lamborghini Miura P400 S – Chassis no. 4245
Offered without reserve, chassis no. 4245, was initially sold to its first owner, advertising executive Walter Becker of Nürnberg, Germany in 1971. A wealthy socialite, the car remained in his hands until 1974 when it was sold to Hans-Peter Weber, who, along with his brother, were amateur racing drivers who competed regularly in Porsche 911s during the 1960s and 70s.
In 1974, the brothers were keen to buy the ultimate supercar of the period and set about finding a Miura. On finding the ‘Giallo Flay’ yellow Miura P400 S in Nürnberg, they immediately purchased the car from the eccentric Becker, who seemingly had a large car collection and who sold them the car whilst wearing his silk bathrobe!
Hans-Peter Weber was delighted with his purchase and always kept the car in pristine condition, used only for special occasions.
Maarten ten Holder, Executive VP & Head of RM Sotheby’s Europe:
“It’s a rare honour to be able to offer a car as significant as a Miura P400 S in this kind of unrestored, original condition. Any Miura S is rare and desirable in its own right, but the car we are selling in London is an opportunity that would be very hard to repeat. I think it’s fair to say that for many collectors an original Miura such as this, is the ultimate prize. With new dates also announced for our 13th London sale, we are delighted to have this car as an early star lot and we are confident it will attract interest from around the globe.”
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Entering the Olympia at around 20:45 with an estimated valuation of £800.000 – £1.000.000 (without reserve), the Lamborghini Miura P400 S was quick to make an impression on the crowded auction room.
As expected bidding started in overdrive and went smoothly into cruise control as the auctioneer’s gavel stayed aloft at £1,000,000.
Following some tactful prompting, whispering and subsequent bravery from the involved bidding parties, rapturous applause accompanied the hammer finally dropping at a lofty £1,105,000.
Images courtesy RM Sotheby’s.