Phase IV breaks auc­tion record

Wheels (Australia) - - Red Line -

The clas­sic Aussie mus­cle price bub­ble con­tin­ues to ex­pand, with one of only four Phase IV GT-HO Fal­cons reach­ing a record price at auc­tion. While there was talk that the car might fetch as much as $3 mil­lion, it even­tu­ally sold for $2 mil­lion (plus buyer’s pre­mium). Ford was ready to pro­duce the Phase IV to ho­molo­gate the car for Group E rac­ing be­fore the ‘Su­per­car Scare’ and the shift to CAMS Group C reg­u­la­tions forced the com­pany to aban­don the project.

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