Re: [Tigers] Costly Business for Rootes

[michael king <michael.s.king@gmail.com>]

When the car sold at auction it was bought by: investment motor cars in
CA.. they then offered it for 90k... i believ ti is stil there as its still
on their website.

On 17 May 2012 07:35, Jeffrey Nichols <jxnichols@sbcglobal.net> wrote:

> Included are the last auction results I could find for the Ken Miles car:
>
> Monterey Sports & Classic Car Auction
> Friday, August 18, 2006 - Saturday, August 19, 2006
>
>
> 1964 Sunbeam Tiger Prototype Roadster
>
> LOT: 421
>
> Estimate:
> $60,000-$80,000 US
> Chassis No. B9109464
> Offered Without Reserve
> AUCTION RESULTS: Lot was Sold at a price of $46,750
>
> Don't know who bought the car.
>
> Based on what Rootes paid Shelby's company back in the 1960's,  Rootes
> believed Shelby's involvement was more than minimal.  Add in $35,335 for
> royalties ($5.00/car), $8,700 (Carrolls Book) for the prototype, $40,000
> (Taylor's book) for the first race car, you have a total of $84,055 that
> Rootes paid to Shelby American for work related to the Tiger.  Adjusted for
> inflation it comes to  $613,962.  Not chump change by any means.
>
>
>                                                         JLN
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-- 
Regards

Michael King
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