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Goodwood To Host Most Expensive Motor Race Of All Time

Aug. 27, 2018 10:05 AM ET by John Tallodi / 2 Comments The 30 historic racing cars are worth an estimated $257-million The Goodwood Revival has grown in size and stature over the years to become one of the most significant classic car events around. The organizers go to extra lengths to recreate an atmosphere where both participants and visitors feel as if they are stepping back into the exciting age of '50s and '60s motor racing. One of the highlights of the three-day long event is the coveted Kinrara Trophy, limited to closed-cockpit GT vehicles of 3.0-liters capacity and higher that would have taken part in racing events pre-1963. Thanks to the meteoric rise of values in vehicles from this era, the 30-car grid has been estimated to be worth approximately $257-million, making it the most expensive motor race ever held. Goodwood One would expect this sort of event to turn into a cautious procession of timidly driven classic cars around the historic circuit, yet each year it proves to be a no holds barred 60-minute race. Set to coincide with the setting sun to mimic the long-distance endurance events on the '60s, these priceless classics are driven with the kind of verve and disregard for their well-being that only those with practically unlimited funds can afford to do. Then again, many historic racing cars actually go up in value if they have led a particularly colorful life on the circuit. So, if you happen to win the race by sliding across the finish line going backwards in a ball of flames, your car may actually end up being worth more in the process. The grid will be dominated by 10 Ferrari 250 GT SWBs which will be joined by 4 Aston Martin DB4 GTs, a brace of Jaguar E-types, Maseratis and a couple of original AC Cobras. Two Ferrari 250 GTOs will also be on hand to help push up the overall value of the grid, seeing as one such car has just sold for a world record $48-million only a few days ago.

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