Legacy Metrics

1966 Ford GT40 Mark I

P/1057roadUnited Kingdom
Engine
4.7L (289 cu in) OHV V8 with four Weber 48IDA carburetors, 345 bhp
Colour
Red with white side stripes

Ford GT40 road car, chassis P/1057, is the 16th of 31 Mark I road-specification examples, built at Ford Advanced Vehicles in Slough and originally finished in Warwick Green with Borrani wire wheels. Delivered through Shelby American in late 1966, it passed through several American owners before a noted GT40 specialist undertook a meticulous, concours-standard restoration in the 1980s, debuting the result at the first-ever GT40 reunion in 1986 where it earned first-in-class and the popular vote. The car retains a high degree of factory originality alongside period-correct components rarely found intact on surviving examples.

Ownership

  1. Auction sale
  2. → 1966Factory delivery
    Shelby American
    partial documentation

    One of seven road cars allocated to Shelby American for retail sale through Ford's Promotion and Disposal Program.

  3. 1966 → 1967Private sale
    Noller Motors
    partial documentation

    Dealership in Topeka, Kansas; acquired the car in late December 1966.

  4. 1967 → 1968-11-01Private sale
    Nick Nero
    partial documentation

    Owner of Motorama, Inc. in Kansas City, Missouri; used the car as a daily driver for nearly two years before selling.

  5. 1968-11-01 → 1969Private sale
    William Vernon Shields
    partial documentation

    Based in Los Angeles; held the car for approximately nine months before it was repurchased by the prior owner.

  6. 1969 →Private sale
    Nick Nero
    partial documentation

    Nero bought the car back from Shields and subsequently sold it to Ron Stafford.

  7. → 1976-11-01Private sale
    Ron Stafford
    partial documentation

    Based in Lee's Summit, Missouri; repainted the car green and drove it until a spin into a ditch caused minor front-end damage in 1971, after which it was stored for several years.

  8. 1976-11-01 →Private sale
    David Jungerman
    partial documentation

    Based in Raytown, Missouri; subsequently sold the car to restorer Robert Ash.

  9. 1991 →Private sale
    Washington-based collector and vintage racer
    partial documentation

    Noted assembler of postwar sports-racing machinery; maintained the car's overall original character over roughly 25 years, presenting it at select concours and anniversary events and commissioning an engine rebuild in 2015.

  10. → 1991-12-01Private sale
    Robert Ash
    full documentation

    Award-winning GT40 restorer based in Des Moines, Iowa, operating as Racing Icons; undertook a comprehensive three-year restoration completed around 1990, using the car as a benchmark for future authentic GT40 work. Made cosmetic changes including wider BRM wheels and a red body finish with white stripes, while preserving extensive original components.

Competition

  1. 1986-07-01
    SAAC-11 GT40 Reunion
    First in class and popular vote winner

    Inaugural GT40 reunion event held at Ford's corporate campus in Dearborn, Michigan; debut showing after restoration by Robert Ash.

  2. 1989-09-01
    GT40 25th Anniversary Reunion

    Event held at Watkins Glen; car was shown by Robert Ash during his ownership.

  3. 1992
    1992 Apker Affair d'Elegance
    Best of Show

    Concours appearance under the current consignor's ownership.

  4. 1994-07-01
    GT40 30th Anniversary

    Anniversary gathering held at Elkhart Lake; car presented by the consignor.

  5. 2010
    2010 Kirkland Concours d'Elegance

    Concours appearance by the consignor; owner was interviewed about the car's driving character at the event.

Maintenance & restoration

  1. 1971
    Repair

    Minor front-end damage sustained when the car was spun into a ditch; the extent of repairs at the time is not specified.

    Car was subsequently stored for several years without further recorded work.

  2. 1990Restoration
    Racing Icons

    Comprehensive concours-standard restoration by Robert Ash and his Racing Icons shop, including full fiberglass repair to the front-right corner, replacement of DZUS fasteners, headlamp and lighting components, and careful cleaning, preservation, or like-for-like replacement of all smaller parts using genuine new-old-stock items. Aesthetic modifications included fitting wider magnesium BRM wheels with a correspondingly wider rear clip and repainting the body red with white side stripes in the manner of Gulf-liveried racers. The original Borrani wire wheels were retained alongside the car.

    Three-year project completed in 1990; the car had been essentially undriven since 1971. The restoration established a technical reference standard for authentic GT40 work.

  3. 1992
    Service

    Light recommissioning by the new owner comprising replacement of ignition wiring, spark plugs, and the oil filter only.

    Owner's stated intention was to preserve the existing restoration character rather than undertake further work.

  4. 2015
    Engine rebuild

    Rebuild of the original engine commissioned by the consignor.

    Catalogue text appears incomplete regarding the full scope of this work.

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Each chassis record is compiled from public auction archives and links to its source material. Ownership, competition and maintenance entries are extracted from those catalogue listings by an LLM, which can make mistakes — please contact us with any corrections. The summary is Legacy Metrics’ own writing; we do not reproduce catalogue text.

“Full” and “partial” documentation labels indicate how well each entry is corroborated in the underlying sources, not an audit of the car’s physical paperwork. Names of recent or living owners are withheld for privacy.