Will it break the record? After 40 years in obscurity, this prototype might become the priciest Ford ever

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This Ford GT raced at Le Mans before being forgotten for decades—Now, it’s worth a fortune…

The history of automobiles is filled with legendary models, but some slip under the radar before re-emerging to captivate enthusiasts. That’s exactly what happened with this 1965 Ford GT Roadster, a unique prototype that competed in the 24 Hours of Le Mans. Long forgotten, this masterpiece of American engineering is now poised to break records at auction.

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Ford GT/109: An ultra-rare prototype

In 1965, Ford was deep in its endurance racing battle with Ferrari—you already know the story. The American brand fielded several GT40s to take on the Italian team, but one model stood out: GT/109, the only roadster entered at Le Mans. This prototype was one of only five GT40 roadsters ever built, and today, only two have survived. Prepped by Shelby American, this GT40 Roadster featured a 289-cubic-inch (4.7L) V8 derived from the Cobra, paired with a five-speed ZF manual gearbox. With a lightweight design and aerodynamic improvements, it seemed destined for Le Mans glory. But the dream was short-lived—after just 11 laps, a gearbox failure forced its retirement. In hindsight, that might have been a blessing; it didn’t crash or catch fire. Ford would have to wait until 1966 to finally defeat Ferrari.

GT/109, the only roadster entered at Le Mans - © Mecum Auctions
GT/109, the only roadster entered at Le Mans – © Mecum Auctions

From obscurity to icon status

After its brief racing stint, GT/109 returned to the U.S. Shelby restored it, but the roadster project was scrapped in favor of the coupe versions, which were better suited for endurance racing. The car then changed hands multiple times, eventually landing with Dean Jeffries, a famous California-based custom car builder. He kept it hidden away for over 40 years. In 2013, the car was acquired by Dana Mecum, founder of Mecum Auctions, one of the world’s leading classic car auction houses. He commissioned a full restoration by Harley Cluxton III, a renowned collector and restorer. The goal? To bring it back to its exact 1965 Le Mans configuration, complete with its white and blue Ford France livery.

After its brief racing stint, GT/109 returned to the U.S. - © Mecum Auctions
After its brief racing stint, GT/109 returned to the U.S. – © Mecum Auctions

GT40 values are skyrocketing—So imagine the roadster…

Today, this Ford GT40 Roadster is more than just a historic race car—it’s a piece of automotive heritage. In 2016, it placed second in its class at Pebble Beach Concours d’Elegance, behind the 1966 Le Mans-winning GT40. But what’s really drawing attention is its potential value. In 2019, another GT40 roadster prototype (GT/108) sold for $7.65 million. Since GT/109 is the only GT40 roadster ever to race at Le Mans, it could easily surpass that figure. Despite several attempts to sell it at auction, it has yet to find a buyer. This year, it’s back on the block at Mecum’s Indianapolis auction, with all eyes on what could be a record-breaking sale. Currently, the most expensive Ford is a 1966 GT40 Mk II, which sold for $9.795 million at an auction in 2012.

This year, it’s back on the block at Mecum’s Indianapolis auction - © Mecum Auctions
This year, it’s back on the block at Mecum’s Indianapolis auction – © Mecum Auctions

The ultimate collector’s car?

The journey of this Ford GT40 Roadster perfectly illustrates the magic of collector cars. After a short-lived race careerand decades in obscurity, it has re-emerged as a true icon of endurance racing’s golden era. Its upcoming auction will be closely watched by collectors and investors worldwide, all eager to own a piece of motorsport history.

Its upcoming auction will be closely watched by collectors and investors worldwide, all eager to own a piece of motorsport history - © Mecum Auctions
Its upcoming auction will be closely watched by collectors and investors worldwide, all eager to own a piece of motorsport history – © Mecum Auctions

This article explores the incredible journey of the Ford GT40 Roadster, from its Le Mans debut in 1965 to its return to the spotlight. With its unique history and unmatched pedigree, it could set a new auction record—reminding the world why Ford became a legend in motorsports.

Source & images: Mecum Auctions

Adrien Conges
Adrien Conges
I grew up near Magny-Cours, an old Formula 1 circuit in France so I've been passionate about motorsport and automobiles since childhood. I currently live in Bordeaux, France and I'm still waiting for Ferrari to win a 17th F1 constructors' title.

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