A unique example of the legendary Ford Falcon GTHO Phase III today set a new auction record of $A1,030,000 on the Lloyds Auction floor1
The car, which was owned and sold by Australian cricketer Jeff Thomson is the first Falcon and the first Australian car to break the million-dollar barrier and will become the benchmark target for many to follow.
When new in 1971, a fully optioned Falcon GTHO cost just over $5000. Now, just under 50 years later, this particular example, probably to be remembered as the `ex-Thommo ‘Hoey’’, destroyed the previous auction house record for a 1971 GTHO Phase III – $750,000 June 2007.
Powered by a 300hp/225kW 351ci Cleveland V8 driving through the sought after four-speed “Top Loader” manual gearbox, the GTHO was billed as the world’s fastest four-door production car in the early 1970s. It’s race heritage at Bathurst records that to be the case with dominant wins and grid placements.
“Now we have taken it into the seven digits we expect to be inundated by Phase III owners and buyers, which is exciting for all classic car collectors and investors around Australia,” said Head Auctioneer at Lloyds Classic Car Auctions, Bill Freeman.
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