Australia’s only 1992 McLaren F1 is up for sale
One of the rarest supercars ever built has surfaced in Australia, and it’s expected to fetch a jaw-dropping sum.
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There is only one McLaren F1 in Australia, and it is up for sale with a staggering price tag.
This ultra-rare McLaren F1 was once the fastest production car in the world, and it remains one of the most coveted supercars ever built.
Australia’s original McLaren has a remarkable backstory.
Originally owned by former Coca-Cola Amatil chief executive Dean Wills, the car was regularly exercised in secret at a private circuit north of Sydney once known as “The Farm”, now operating as “70 North”.
The car is rumoured to have been crashed heavily during a test drive by a mechanic that caused more than $1 million in damage, according to a report in Wheels magazine.
Now owned by Melbourne businessman Barry Fitzgerald, the model has been listed for sale.
Just 106 McLaren F1s were built between 1992 and 1998, and only 64 of those are road-legal, making this of the most exclusive vehicles in the world today.
This revolutionary machine, famous for rewriting the rule book on performance and design, is currently listed for sale on the JamesEdition website with an eye-watering price tag of $37,664,120.
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The McLaren F1 is capable of accelerating from 0 to 100 km/h in just 3.2 seconds.
Created by the legendary Formula 1 engineer Gordon Murray, the F1 was designed with the singular goal of becoming the greatest driver’s car ever made.
Leveraging McLaren’s Formula One expertise, the team reimagined every aspect of supercar design by prioritising lightweight materials, driver-focused engineering, and eliminating compromises.
The carbon fibre chassis alone took over 3000 hours to build. The throttle pedal was hand-assembled from six precision-finished titanium components. Even the instrument needles were hand-machined and painted.
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Every detail in this car was carefully crafted, right down to the cabin, which was individually tailored for each owner.
Under the bonnet sits a 6.1-litre naturally aspirated V12 engine developed by BMW, producing 461kW and pushing the car to a record-breaking top speed of 386km/h – making it the fastest naturally aspirated production car ever built.
To protect the engine from extreme heat, the bay was lined with genuine gold foil, selected for its excellent heat-reflective properties.
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It’s almost impossible to damage an F1 to the point of it being a complete write-off, as McLaren is always willing to conduct repairs. This is because the stratospheric prices of F1s make any repairs justifiable, no matter how extensive.
The sale is being handled by ELITA, a global expert in discreet, high-end car sales. They are known for connecting collectors with rare vehicles that are seldom made publicly available.
Its listing reads: “Owning an F1 is not about acquiring a vehicle; it’s about becoming part of a legacy defined by Formula 1 DNA, Le Mans dominance, and automotive immortality.”
“Only 106 McLaren F1s were ever built; and just 64 road cars. Today, fewer still remain in the kind of condition worthy of the original vision. Most reside in private collections or museums, making availability of any example a global event.
“This isn’t just the apex of the analog supercar; it’s a time capsule from the golden age of performance. No turbos, no traction control: only raw, mechanical brilliance tuned to perfection.”
Originally published as Australia’s only 1992 McLaren F1 is up for sale
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