May 17, 2024

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Targa Florio-Winning Porsche 907 K Stars at Broad Arrow Amelia Island

Broad Arrow’s inaugural Amelia Island event is shaping up to be a Porsche lover’s dream, with a wide range of available models planned to cross the block alongside Hagerty’s The Amelia concours in early March.

One of the early headliners of this auction is a 907 K works factory prototype that’s still powered by its original engine. The car raced in the 1968 Sebring 12 Hours and was the outright winner of the 1968 Targa Florio, driven by Vic Elford and Umberto Maglioli.

The car, chassis 907 025, was quick enough to put Elford on the pole at the Targa Florio, and after a few setbacks, Maglioli brought the car to 4th place, and Elford set three successive lap records. With just a half-lap left in the race, the Porsche overtook Alfa’s leading Tipo 33/2 and then extended the lead to three minutes at the finish, which cut nearly 10 minutes from the overall best race time. The win was immortalized in a Porsche victory poster that year.

The car then passed to Siegfried Lang and raced for his Valvoline Racing Team in 1969. Later, it sold to Dr. Julio Palmaz, who had the car restored to its original Targa Florio specs by Patrick Scalli of Porsche Prototype Racing Cars in 2000. At that time, Gustav Nitsche rebuilt the original Typ 771/1 magnesium-case 2.2-L air-cooled flat 8 engine. After restoration, the car won two awards at the Amelia Island Concours — the 2007 Targa Florio Class and the 2012 Corporate Award for the Best Example of Race Car Engineering.

Broad Arrow’s estimate on the car is $4,500,000 to $5,500,000.

“The opportunity to find and potentially acquire a Targa Florio-winning Porsche, let alone an example attached to such notable Porsche lore, is nearly unheard of,” said David Swig, Senior Car Specialist at Broad Arrow Auctions. “I can think of no setting more fitting than The Amelia weekend at which to offer one of the most world-famous Porsche prototype racers of the 1960s — a truly significant piece of motorsport history.”

Other Porsches planned for this inaugural auction include:

  • 1994 Porsche 911 Turbo S Flachbau, a low-mileage, matching numbers example of just 39 X85 versions of the 964 Turbo sold in the U.S., representing the pinnacle of 964 design and power (Est. $1,150,000 – $1,350,000)
  • 2011 Porsche GT3 RS 4.0, a low-mileage, highly optioned example of the last manual transmission 911 GT3 RS and the ultimate expression of the flat-six Metzger engine design (Est. $650,000 – $700,000)
  • 2016 Porsche 911 R, a low-mileage, two-owners-from-new example boasting the combination of GT3 RS engine, six-speed ‘GT Sport’ manual transmission, and wingless 911 silhouette (Est. $475,000 – $525,000)
  • 1995 Porsche 911 Cup 3.8, a rare factory car complete with its matching numbers engine, ordered by Bridgestone Tire Company to promote the S-02 tire. The Cup car was maintained by Rohr Racing throughout 1995 and entrusted to Hurley Haywood and David Murry for hot laps at IndyCar events that year (Est. $250,000 – $300,000)
  • 1996 Porsche 911 Carrera RS, a well-preserved, Japanese market example of the ultimate road-going, naturally aspirated, air-cooled 993 variant (Est. $325,000 – $400,000).

Broad Arrow’s Amelia Island auction takes place March 4 at the Ritz-Carlton Amelia Island. More than 100 collector cars are expected to be a part of this first-time auction.

Learn more here.

Images: Broad Arrow Auctions