Going under the hammer at Gooding & Company’s Aug. 16-17 Pebble Beach auction is a pristine example of McLaren‘s legendary F1.

With just 1,004 miles on the odometer and only three owners, this McLaren F1, chassis #031, is expected to fetch anywhere from $12-14 million, according to the vehicle’s listing on GoodingCo.com. This F1 is finished in Marlboro White and is the only example to be finished in this color.

For comparison purposes, a red McLaren F1, chassis #028, was sold for $10 million earlier this year (original article). At the time, it was regarded as the most expensive F1 ever sold. However, if Gooding & Company sells this white F1 for at least its estimated price during the auction, there will be a new record for the most expensive McLaren sold.

According to Gooding & Company, this car was originally sold new to Japanese enthusiast and collector Shin Okamoto in 1995. During Okamoto’s ownership, the car was driven minimally and given regular care. In 2008, the car was sent to McLaren’s facility in the U.K. where it was thoroughly inspected and serviced.

(See also: McLaren “Project 8″ 12Cs for Sale at McLaren Newport Beach)

After 15 years of ownership, the car was sold to a respected U.S. private collection in the Midwest. At this location, the F1 was stabled with another F1 and other incredible cars while it was well cared for and saw limited use.

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Recently, this F1 changed hands yet again, being sold to a marque enthusiast who has a collection of road and racing McLarens. This owner fitted the car with a set of new factory wheels finished in black.

Now, this car is looking for its fourth owner come August 16 and 17. McLaren F1 chassis #031 also comes with its original manual, gold-plated titanium tool kit and fitted luggage.

Be sure to stick with us for more information about this and other upcoming auctions.

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(Source: Gooding & Company)

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