$1M World Rally Championship Subaru Found In Barn

A rare 1994 Subaru Prodrive 555 Group A is going up for auction at Lloyds Auctions.

This world rally championship car was driven by Colin McRae and Carlos Sainz and is unrestored and in untouched condition from when it retired in 1996.

“When we originally saw this car, it was a barn find with an estimated value of $15,000-$20,000. Today it’s had a wash and a check of its history, and it may well be worth more than $1 million,” said Lee Hames, Chief Operating Officer for Lloyds Auctions.

This vehicle is one of the most important world rally cars in history and was the first car to wear the famous L555REP number plates, celebrating Repsol’s sponsorship with Carlos Sainz and Subaru.

The vehicle won 3rd place in 1994 by Sainz at Monte Carlo, where he started in 8th position and drove the car through treacherous snow and ice.

The Subaru is authenticated original by ICAARS and Possum Bourne Motor Sport (PBMS) and has been in storage with only 3 owners since it was raced and is still fitted with its original 2.0 litre turbocharged engine and six speed manual gearbox.

“This is a once in a lifetime opportunity to own such a unique vehicle and we are honoured to pass it on to the new custodians,” continued Mr. Hames.  

It is going to be a massive month of auctions, also on offer is a 1971 Ford Falcon GTHO Phase 3 finished in Yellow Glo, 1 of 12 ever built, as well as the vehicles from Hollywood film, Mad Max – Fury Road and a rare Holden HSV 1 of 1 build collection.

You can view the 1994 Subaru Prodrive 555 Group A here or visit www.lloydsauctions.com.au for more information.

Due to the high interest in this vehicle, all bidders must be pre-registered for their bids to be accepted.

Scott Webber

Head Of Valuations

Accredited Senior Appraiser

Licensed Auctioneer

Qualifications & Affiliations

American Society of Appraisers (ASA)

Profile

Scott Webber is one of the founding partners at Lloyds and has worked for the company from its inception in 2004. In that time Scott has been a Licensed Auctioneer and Qualified ASA Valuer. Prior to Lloyds, Scott was a Farm Manager at Cubbie Station in Queensland, he has an earthmoving and agricultural background.

Scott is heavily involved in daily valuations. He acts for a wide range of clients and vendors including Insurance companies, Financiers, Insolvency Practitioners, Government branches, Joint Ventures and Alliances, large companies, and private individuals. Scott personally co-signs and oversees every valuation report completed by Lloyds. On average the Lloyds valuations department conducts over 500 appraisals per financial year.

Scott has managed many auctions and private sales, previously completing an approximate average of 400-800 traditional auction lots per week. Given that the Lloyds system is now online, traditional auctions are very minimal and are completed in a simulcast method, to comply with contracts we have with major government departments. Although Scott’s focus is currently Valuations, he still oversees and runs auctions weekly on a wide variety of assets from motor vehicles to very specialised process lines.

Scott offers a wealth of experience as an Auctioneer and Valuer in all aspects of Valuations and Asset Disposals.

Having headed disposal programs for Major Infrastructure Alliances, Joint Venture partnerships and Government projects throughout Australia, Scott has a wide range of experience in the Civil Construction, Earthmoving, Manufacturing and Agricultural sectors offering a “turn key” service from start to finish.

Mobile: 0439 765 669