How much is a 1967 Ford GT40 worth?
A documented 1967 Ford GT40 can fetch roughly $10–20 million today, with the Le Mans‑winning Mk IV commanding the high end of that range. Well‑preserved, well‑documented Mk II cars typically trade in the $12–16 million band, while more modest, unrestored, or non‑matching examples can still sit in the $8–12 million range. In rare cases of extraordinary provenance, prices may push into the high teens or beyond.
What drives the value of a 1967 GT40
Several factors shape the market price for a 1967 GT40. The following elements are typically weighed by collectors, auction houses, and dealers when assessing value.
- Provenance and race history, including Le Mans or Daytona performance
- Model variant and chassis lineage (Mk II vs Mk IV, and the specific car’s history)
- Matching numbers and originality of drivetrain and major components
- Documentation, build sheets, race records, FIA papers, and repair histories
- Condition and quality of restoration, including authenticity of components
- Extent of restoration versus preservation of original parts
- Rarity and the number of survivors with traceable history
- Market timing and broader luxury/classic car demand
Understanding these factors helps explain why two GT40s from the same year can carry markedly different price tags at auction or in private sales.
Notable trends and examples from recent sales
To illustrate the range, here are widely discussed categories and what they tend to fetch, based on recent auction results and private sales. Values are indicative and can vary with provenance, condition, and market conditions at the time of sale.
- Le Mans‑winning GT40 Mk IV (the chromatically famous Mk IV that won Le Mans in 1967) — generally among the highest‑priced examples, often reported in the high millions to approaching the low‑to‑mid teens of millions in recent years, depending on provenance and documentation.
- Strongly documented 1967 Mk II GT40s with clear racing history — typically in the $12–16 million range when provenance and originality are solid.
- Other well‑documented, matching‑numbers GT40s from 1967 with race pedigrees or notable ownership histories — commonly $10–14 million.
- Restored or highly original cars with good provenance but less racing history — often in the $8–12 million category.
Because many GT40s are sold privately and exact prices are not always disclosed, these ranges reflect publicly reported auctions and trusted dealer records. The presence of a famous ownership lineage, an exceptional restoration, or a documented race record can push a car toward the upper end of its category.
How buyers determine value and what to look for
Investors, collectors, and buyers typically follow a careful due‑diligence process before purchasing a 1967 GT40. The following steps help establish a reliable valuation and reduce risk.
- Verify the chassis number and confirm alignment with factory records and race logs
- Check for matching numbers on engine, transmission, and other major components
- Review restoration quality, including whether period‑correct parts were used
- Assess the completeness of documentation: build sheets, ownership history, and race results
- Evaluate condition against the car’s age, with an independent appraisal if possible
- Compare to recent auction results for similar GT40s with comparable provenance
- Consider market timing and potential future appreciation, especially for historically significant examples
Engaging with specialists in vintage racing cars and consulting a reputable appraiser can provide a more precise valuation tailored to a specific car’s history and condition.
Summary
In today’s market, a documented 1967 Ford GT40 typically commands a multi‑million‑dollar price, with the exact figure hinging on provenance, model variant, originality, and restoration quality. The Le Mans‑winning Mk IV sits at the high end of the spectrum, while other well‑documented Mk II cars and fully original or carefully restored examples also command substantial sums. For buyers, meticulous verification of provenance and matching numbers, combined with a comparison to recent auction results, is essential to determine whether a specific GT40 represents a sound investment or a treasured collectors’ item.
