The last of the 30 BMW M5 “30 Jahre” special edition models imported to the United States has been sold for a whopping $700,000 at Barrett Jackson’s Scottsdale auction on January 15.

The last unsold example in the US of the most powerful production BMW M5 was acquired by NASCAR team owner Rick Hendrick, whose winning bid was $700,000, about five times the retail price of the car ($138,275). All proceeds went to BMW Car Club of America’s Foundation and the “Street Survival” safe driving program for teen drivers.

As a reminder, the BMW M5 30 Jahre limited edition is powered by a twin-turbocharged 4.4-liter V8 producing 600PS (592hp) and 516lb-ft (700Nm) of torque – 40PS (39hp) and 20Nm (15 lb-ft) more than the standard BMW M5.

Mated to a 7-speed M DCT dual-clutch transmission, the engine allows the special series BMW M5 to sprint from 0 to 60 mph (96 km/h) in 3.9 seconds and reach an electronically limited top speed of 155 mph (250 km/h). The car features the “Competition Pack” that includes chassis tweaks such as a 10mm lowered suspension, stiffer anti-sway bars and a reprogrammed M Dynamic Mode (MDM).

Styling upgrades include the exclusive Dark Frozen Silver paint, black chrome exterior accents, black chrome wheels, black & grey leather interior with suede accents, “30 Jahre M5” logo designations on grille, door sills, door handles, exhaust, and seats, interior badging plaque indicating special edition one of 300 made.

Unfortunately, Rick Hendrick doesn’t plan to drive the car at all. He said the new acquisition will join the more than 200 cars in his Concord, N.C., museum, where it will be parked next to a BMW i8 hybrid supercar in the same color.

“We were fortunate enough to get the i8 in this color. This baby’s going to go right beside the i8 in the museum. The only miles it’s going to get are in the truck,” Hendrick said.

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