zzdcar
Home
/
Reviews
/
Racing
/
Colin McRae's Subaru Sells At Auction For $360,000 In Bitcoin
Colin McRae's Subaru Sells At Auction For $360,000 In Bitcoin-November 2024
2024-02-19 EST 22:10:55

Image for article titled Colin McRae's Subaru Sells At Auction For $360,000 In Bitcoin

Last month, one of Colin McRae’s old rally cars hit the auction block — specifically, his , which was used until 1996 and then spent the following 25 years in storage. And whoever bought this machine spent $360,000 in bitcoin, reports.

There’s something a little cursed about paying for a classic piece of motorsport history with cryptocurrency, but I digress. Lloyds Classic Car Auctions decided to start accepting bitcoin as a viable form of currency back in June, so this is likely not the last classic we’re going to see paid for with crypto.

Initially, it wasn’t clear that the battered blue rally machine had historical provenance. It was is still outfitted with its original 2.0-liter turbo engine, six-speed manual gearbox, and active front differential. Lloyds claimed that after a little cleaning, the folks at automobile authenticator International Classic Automobile Authentication and Rating System (ICAARS) determined this wasn’t just any old Subaru rally car. Instead of being worth a few thousand dollars, it was thought it could be worth hundreds of thousands — or, as Lloyds Auctions Chief Operating Officer Lee Hames claimed, up to $1 million AUD (or $750,000 USD).

As it turned out, the final number — about $500,000 AUD, or $360,000 USD — fell a little short of the ultimate goal, but that’s still not a bad number for a mid-90s Subaru, the cockpit of which was graced by the likes of rally legends like Colin McRae and Carlos Sainz Sr.

If the name Lloyds sounds familiar, it’s because we wrote about their sale of a few weeks back. Let’s hope the new owner of this legendary machine sees fit to put it back on stage before too long.

Comments
Welcome to zzdcar comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Racing
Local Businesses Want Compensation After Allegedly Losing Money During Formula 1 Las Vegas Grand Prix
Local Businesses Want Compensation After Allegedly Losing Money During Formula 1 Las Vegas Grand Prix
If you listen to Formula 1 or local officials from Las Vegas and Clark County, you’d probably think November’s inaugural Las Vegas Grand Prix was a success. Some sources estimated that the city of Las Vegas made over $1 billion in revenue from the event — but there were...
Nov 2, 2024
Race Team Would Rather Create A Fake AI Woman Rather Than Hire A Real One
Race Team Would Rather Create A Fake AI Woman Rather Than Hire A Real One
In another unsurprising example of motorsport’s inhospitable mindset toward hiring competent women, the Racing team has announced a new partnership with Ava Rose, a literal , who will... engage with fans? Share knowledge about technology? “Navigate the cutting edge of innovation to create positive change” (whatever that means)? I...
Nov 2, 2024
Listen To In-Car Audio From Race Cars While You Work
Listen To In-Car Audio From Race Cars While You Work
If you follow racing in the U.S., you probably already know about the . Most of the episodes are too much of a distraction to put on as background noise while you work, but a couple of recent entries in his series have been working incredibly well for me....
Nov 2, 2024
After Delivering 8 Seasons At The Back Of The Grid, Haas F1 Team Dumps Guenther Steiner
After Delivering 8 Seasons At The Back Of The Grid, Haas F1 Team Dumps Guenther Steiner
The partially North Carolina-based squad has determined that after , it needs to mix things up a little. The team’s firebrand has been following an abysmal 2023 season which saw the team score just four points-paying finishes. The team’s , where scored a fourth-place finish, but that season too...
Nov 2, 2024
You've Probably Never Heard Of The Coolest Canadian Car Ever Built
You've Probably Never Heard Of The Coolest Canadian Car Ever Built
Name a car from the early 1960s built by a famed racing driver with curvy, lightweight aluminum bodywork, a big American engine, and a reputation for being unruly and fast as all hell. Your first thought was probably the famed Shelby Cobra, did you know there was a who...
Nov 2, 2024
Get Ready To Spend All Your Money On Retro Formula 1 Merch
Get Ready To Spend All Your Money On Retro Formula 1 Merch
Fellow nerds, get ready to open your wallets, because I’ve found what may be the greatest store of all time. With designs from Formula 1 teams like , you’re sure to find something that fits your particular nostalgic niche. I’d like to introduce you to Racing Retro. I first...
Nov 2, 2024
Copyright 2023-2024 - www.zzdcar.com All Rights Reserved