1971 Ford Falcon GTHO Becomes Most Expensive Australian Car Ever Selling For A Record AU$1.3 Million

A Ford Falcon GTHO Phase III has become the most expensive Australian-built car to ever sell at auction, trading hands for $1.3 million AUD ($760,000 US) at a Lloyds Online auction last weekend.

Ford introduced the GTHO Phase III in 1971, when the automaker’s rivalry with Holden at the famous Bathurst endurance race was at its peak.

Thanks to its V8 engine with almost 400 hp, the Phase III could run the quarter mile in less than 14 seconds and was the fastest four-door production car in the world with a top speed of 140 mph (225 km/h).

The same year, the car claimed victory at Bathurst and went on to secure the Australian Manufacturers Championship in 1971 and 1972, while notching up race wins during the 1972 and 1973 Australian Touring Car Championship. Roughly 300 examples were built for customers.

A similar example was sold for $750,000 AUD ($553,000) in 2007. This particular GTHO sold by Lloyds is finished in Track Red and was owned by celebrated Australian cricketer Jeff Thomson for a decade. The car has been kept original and was sold with the original seat belts, spare tires, interior and carpets. It has 20,968 km (13028 miles) on the odometer, a full service history and all documents.

Despite being 47 years old, the Falcon is in excellent condition and the Track Red paint still shines. Contrasting the red are gold accents and black racing stripes, while a set of star-shaped silver wheels and chrome across the front fascia complete the look.

more photos...
  • Alfa Giulia QV

    Damn. That’s a fine car. Not sure about the price though.

    • To be fair in the past five years original Falcon GTHO has reached $1 million in private sales, while 10 years ago they can be had for $600k.

  • Socarboy

    Looks almost the same body as the lowly 1966-1969 North American Falcon with a pair of late 60s Dodge Dart tail lights sprinkled on with a whole lot attitude than any USA spec Falcon

    • benT

      highly likely as the Ford owners wanted some kind of world design cues for their range of cars. The V8 was either a Cleveland or Windsor unit probably modded mildly locally to add power. Wheels probably familar to some American rubbish too.
      ;>)

    • TheHake

      We got it in South Africa as a Fairmont GT.

  • This car is even more expensive that the 1st Holden to be ever produced in Australia and ex Alan Moffat Falcon. Very impressive indeed.

  • TheHake

    I love muscle cars but that is totally ridiculous.

    • LeStori

      It was a low number, homologated car built for the Bathurst 500 mile race. This race is essentially Australia’s Indy 500 as far as prestige in winning. Hence the popularity of these cars. I remember being glued to the TV from around 9am in the morning until around 5 pm in the afternoon on race day in the 1970s..

      • TheHake

        I love the car, but still…

    • Also less than 200 survived, there was a point where this car get trashed and a lot of cars entered junkyard for it’s parts to be taken apart for modders.

      Think of it as Australian Hemi Cuda, like they sold for 1 million.

      • TheHake

        Still. A million 3. Nope nope nope.

  • Six_Tymes

    Its very cool. amazing condition

  • Infinite1

    It’s a great car all around but I’m thinking the previous celebrity owner of this car had a lot to do with it’s price tag. Someone bought it though

2021 Ford Mustang Mach-E Electric SUV Shows Up In Real Life Photos

The 2021 Ford Mustang Mach-E will offer up to 300 miles (483 km) of driving range.

Forza Italia: Alfa Romeo Stelvio Quadrifoglio Drag Races Lamborghini Urus

Can the smaller, less powerful and lighter Alfa Romeo Stelvio Quadrifoglio beat the 641 HP Lamborghini Urus?.

Range Rover Hunter Doubles As A Sports Car And An Off-Roader

This eye-catching Range Rover concept features an advanced suspension that would allow it to play both roles.

Someone Paid $65k For A BMW E30 325i, Albeit A Rather Nice One

This 325i has just 6,794 miles, but still, $65k is too much for a non-M3 Bimmer.

Taking A Seven-Year Car Loan Is A Really Dumb Decision, Yet Many Americans Do It

The lower monthly payments attract buyers, but they fail to realize the interest rates are much higher.

Lyft Adding 200 Electric Vehicles To Its Denver Fleet

This is Lyft’s largest single deployment of EVs to date, and also the largest in Colorado’s history.

If You Like Audi’s New-Gen A6, Then You’ll Love The 2020 S6

A big, sports-oriented, diesel-powered S6 Sedan sounds like an interesting package, doesn’t it?.

Hunkt Canticie Is Yet Another Chinese Range Rover Sport Knock-Off

The Hunkt Canticie is priced at roughly a tenth of what a Range Rover Sport sells for .

Get One Of The Very Last 2010 Porsche 911 Sport Classics For “Just” $600,000

This is number 237 of only 250 911 Sport Classics ever made and has less than 700 miles on the odo.

Driven: 2019 Hyundai i30 Fastback N Improves On A Winning Recipe

The i30 Fastback N is very similar to the hatch, but manages to haves its own distinct personality.