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Auto Shows1931 Studebaker Special Indy Car Touches Off Bidding War

16:06  19 august  2019
16:06  19 august  2019 Source:   motorious.com

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Thanks to a fierce bidding war , a 1931 Studebaker Indy Car sold for a record amount at the Gooding & Company Pebble Peach Auctions as part of of Monterey Car Week. Earlier today during Monterey Car Week, a 1931 Studebaker Special Indy Car set yet a record, netting ,105,000 at auction.

The Studebaker Special Indy car prior to the start of the 1932 Indianapolis 500. Chuck Myers en route to victory at the Pikes Peak Hill Climb This interest in racing prompted Studebaker ’s director of testing, George Hunt, to become involved in the 1931 Indy 500 with the car presented here.

1931 Studebaker Special Indy Car Touches Off Bidding War

The end result was a world record.

Earlier today during Monterey Car Week, a 1931 Studebaker Special Indy Car set yet a record, netting $1,105,000 at auction. When it crossed the block at the Gooding & Company Pebble Beach Auctions, it was already poised to set the record as the most expensive Studebaker ever to be sold. Thanks to an intense bidding war, the price rose well over twice the low estimate, making for an exciting time.

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Studebaker (US: /ˈstuːdəbeɪkər/ STEW-də-bay-kər) was an American automobile manufacturer based in South Bend, Indiana. Founded in 1852 and incorporated in 1868 as the Studebaker Brothers

1931 Studebaker Special Indy Car Touches Off Bidding War . 1967 Ferves Ranger Auction Far Exceeds Expectations. While small in size, this off -roader fetched a huge amount. Monterey Car Week always has some surprises.

As you might have already guessed, this is far from your ordinary Studebaker. The racer is significant to the history of the brand, having entered the Indy 500 three times. It also won the 1931 Pikes Peak Hill Climb, setting a course record of 17 minutes, 10.3 seconds, which helped to elevate the Studebaker name.

Built by Ab Jenkins and George Hunt, this open-wheel race car looks fantastic with a green coat of paint and white numbers. It uses a 336ci L-head inline 8-cylinder Studebaker engine with four Stromberg downdraft carburetors. Peak output is 205-horsepower at 4,200 rpm. The driver uses a 3-speed manual transmission and four-wheel mechanical drum brakes to control this car. Also included in the setup is an I-beam front axle with semi-elliptical leaf springs and shock absorbers. The rear live axle also features semi-elliptical leaf springs and shock absorbers.

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Monterey Car Week always has some surprises. While there are the planned “surprise” reveals of concept cars by automakers, what’s far more shocking is when a vehicle that seems fairly interesting sparks a bidding war . 1931 Studebaker Special Indy Car Touches Off Bidding War .

1931 Studebaker Special Indy Car Touches Off Bidding War . Earlier today during Monterey Car Week, a 1931 Studebaker Special Indy Car set y

There have only been five owners of this car, so many have been desiring to own the well-documented racer. It has been with its current owner since 1988. That factor was likely huge during the intense bidding war today.

Among those vying for this Studebaker Special Indy Car was the board of trustees for the Studebaker national Museum, which is based in South Bend, Indiana. They have been soliciting donations for the effort. Many consider this to car to be the most important Studebaker sold in the United States in the last half a century.

Image credit: Gooding & Company

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Not many of these high-performance sports cars are still around. Back before the muscle car wars, American Motors was seen as mostly focusing on small, practical economy cars. The Javelin helped change that perception, showing the automaker could hang with the big boys in the pony niche. After that came the AMX, which revolutionized the company’s image further. You can own a piece of that historic move by purchasing this 1970 AMC AMX, which is both rare and incredibly interesting. The car is in fantastic shape, in part thanks to the previous owner having purchased it way back in 1980.

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