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Classic ‘barn find’ Falcon GT set to fetch a fortune

An original example of an Australian muscle car icon will land its owner a six-figure windfall after spending decades stored in a shed.

1971 Ford Falcon GT-HO Phase 3 up for auction

A classic Ford Falcon GT left in a shed by its original owner is set to fetch a fortune at auction this weekend.

Lloyds Auctions says the ochre yellow 1971 Ford Falcon GT has been stored on blocks for a shed for 36 years.

1971 Ford XY GT 'barn find'
1971 Ford XY GT 'barn find'

Auction spokesman Lee Hames, said the machine is fitted with Ford’s classic 351 “Cleveland” V8 engine, and has around 100,000 miles on the odometer.

“This vehicle is in completely original condition and is a once in a lifetime barn find for all Aussie muscle car enthusiasts,” he said.

“You do not want to miss the opportunity to own this piece of history.”

1971 Ford XY GT 'barn find'
1971 Ford XY GT 'barn find'

The machine attracted bids up to $165,000 with two days to run.

Fast Fords have a history of fetching big bucks at auction.

Rarer and desirable “GT HO” versions of the XY Falcon GT developed as racing homologation vehicles are responsible for many auction records in Australia.

The Ford Falcon GT HO is an Australian legend.
The Ford Falcon GT HO is an Australian legend.

A yellow 1971 Falcon GT HO sold in September for $1.3 million, eclipsing the $1.15 million paid for a blue example in February. Those cars eclipsed $1,030,000 paid for a red example owned by former cricketer Jeff Thomson in 2018.

Close ties to Bathurst racing have driven the value of classic ford Falcon GT models.

Race fans can bid to buy Cam Waters’ Mustang Supercar. (Photo: Daniel Kalisz/Getty Images
Race fans can bid to buy Cam Waters’ Mustang Supercar. (Photo: Daniel Kalisz/Getty Images

Fans of the sport could consider bidding for a Ford Mustang V8 Supercar driven by Cameron Waters to second place in this year’s Bathurst 1000.

The winning bidder will take delivery of their car at the end of the 2022 Supercars season, giving them an opportunity to watch their own car race for major trophies.

The Holden driven to victory by Chaz Mostert and Lee Holdsworth in the 2021 Bathurst 1000 was sold at auction in 2020, increasing dramatically in value when it took the chequered flag.

Original URL: https://www.news.com.au/technology/motoring/motoring-news/classic-barn-find-falcon-gt-set-to-fetch-a-fortune/news-story/d6fa4f9866c0106e9b9e525f978cf967