AUSTRALIA'S FIRST $2M CAR - PETER BROCKS 'BIG BANGER'

The iconic ‘Big Banger’ raced by legendary Peter Brock is hot on the heels of recent Ford GTHO Phase III million-dollar supremacy, and is expected to break Australian records reaching in excess of $2M at an upcoming auction in Bathurst.

Motor racing enthusiasts are getting excited for the world’s largest and most iconic collection of Peter Brock race cars to go up for auction in a one-off iconic Australian event that will go down in motor racing history with the auctioneers now confirming the auction date as the 6th of October (Bathurst Race weekend).

Headlining the collection is the original Day-Glo ‘Big Banger’; the Group C Commodore in which Peter Brock won the James Hardie 1000 in Bathurst, Sandown 500 and Surfers Paradise 300. The ‘Big Banger’ is one of thirty other Brock cars from the collection which can be seen together for potentially the last time ever as they are displayed through NSW, SA and VIC, before returning to their spiritual home Bathurst where they will be auctioned on the weekend of the big race.

"I’ve raced the ‘Big Banger’ around the track several times, she still goes like a beauty and that’s what this entire collection is about - enjoying the cars is what Peter would have wanted." Says HDT owner Peter Champion. This car has a lot of great history and even better stories that come along with it. This is not just an ordinary car - it’s a very special piece of history." continues Mr. Champion.

The auction is bringing motoring enthusiasts together, some even talking partnerships and syndication to buy the entire collection and keep it together. Whether the collection stays together or it sells to a new generation of custodians, it will go down in the history books as a very special moment for many avid fans and enthusiasts with thousands expected to attend the auction in Bathurst on the eve of the great race.

"This car has already had enormous interest – we’ve had thousands of enquires every day since the collection has been announced including enquiries from overseas. We expect it to sell in excess of $2M which will break all Australian records. Cars of this calibre are hard to find and with its substantial motorsport and celebrity heritage, it’s no wonder the ‘Big Banger’ is expected to sell for more than any other Australian produced car" says Head Auctioneer Bill Freeman.

Over the last 12 months Australian classic car prices have gone from strength to strength and started to attract a strong international investment appetite. More recently 1970’s Ford GTHO Phase III prices have echoed their status as the King of Australian Muscle, with two separate million-dollar sales in as many months including one previously owned by Australian Test cricketer Jeff Thomson. The Phase III car originally sold for just over $5K in 1971.

It seems as though even with car manufacturing ceasing the Ford and Holden rivalry continues in the rise of value in these Aussie classics with constant anticipation on which great classic will be at the top next. Whether it’s a Holden or Ford, statistics prove that Aussie classics are becoming an appealing alternate investment.

Ford and Holden enthusiasts keep an eye out on the Lloyds Auctions website for collectable Aussie classics at www.lloydsauctions.com.au/classic-cars

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