--- description: A 1998 McLaren F1 sports car will soon be auctioned off for millions at Sotheby's. title: You Can Buy This Outrageous $12 Million Supercar image: https://static.time.com/v3/assets/bltea6093859af6183b/blta62f4e87eaeccd16/698853063c16397a72458344/gettyimages-475741102.jpg?branch=production&width=3840&quality=75&auto=webp&crop=16:9 ---  * [Business](/section/business/) ## Business Update your preferences in [Account Settings](/account/preferences/) Close # You Can Buy This Outrageous $12 Million Supercar by [Benjamin Snyder / Fortune](/author/fortune/) ## Benjamin Snyder / Fortune Update your preferences in [Account Settings](/account/preferences/) Close Jun 4, 2015 3:33 PM CUT  General view of the 1998 McLaren F1 "LM-Specification supercar during McLaren's F1 New York media preview at Sotheby's on June 3, 2015 in New York City. General view of the 1998 McLaren F1 "LM-Specification supercar during McLaren's F1 New York media preview at Sotheby's on June 3, 2015 in New York City.Steve Zak Photography—FilmMagic by [Benjamin Snyder / Fortune](/author/fortune/) ## Benjamin Snyder / Fortune Update your preferences in [Account Settings](/account/preferences/) Close Jun 4, 2015 3:33 PM CUT A 1998 McLaren F1 sports car will soon be auctioned off for millions at Sotheby’s, Bloomberg [reports](http://www.bloomberg.com/news/articles/2015-06-04/that-12-million-mclaren-in-sotheby-s-window-heads-to-auction "undefined"). The McLaren has been on show on the Upper East Side of Manhattan since June 3 and carries an estimated value of over $12 million. The seller of the car is unknown, but is a private collector from Florida who’s also offloading nine Ferraris and a pair of Lamborghinis. _Bloomberg_ repots the sale is slated to take place during a six-day car-buying event in California. ### The Wildest Concept Cars of 2014  Anybody can take Chevy's Chaparral 2x Vision concept car for a spin — anybody with Gran Turismo 6 for the Sony PlayStation, anyway, where the car is a playable download. Gene Blevins—LA DailyNews/Corbis  One day, we'll all finally get to ride those light-cycles from Tron. For now, there's Toyota's FV2 concept car. Joe Klamar—AFP/Getty Images  Doors? Where you're going in the Smart Brabus FourJoy concept car, you don't need doors. Bloomberg/Getty Images  The pickup truck hasn't really changed much in decades — until Volkswagen took it on with this Tristar concept car, which takes a pickup and makes it super offroad-friendly. Fabian Bimmer—Reuters/Corbis  Nissan's 3-seat electric BladeGlider concept car might actually make it to production, pretty rare for a concept car this wild. If a Jedi Knight drove a car, it would be the BladeGlider. Gene Blevins—LA DailyNews/Corbis  Toyota hasn't said much about its high-riding C-HR Concept crossover, but we know that it's purple. Very purple. Benoit Tessier—Reuters/Corbis  Maserati says its Alfieri concept car represents "the future of Maserati design." Too bad most of us can't conceptualize being able to afford a Maserati any time soon. Pierre Albouy—AFP/Getty Images  Mercedes-Benz's G-Code concept SUV comes covered in what the company calls "multi-voltaic silver" paint that's supposed to act like one big solar cell. It's all very green — err, "multi-voltaic silver." Kim Kyung-Hoon—Reuters/Corbis  It somehow doesn't feel like this car, designed by Russian artist Gosha Ostretsov, will fly off the shelves. But that's okay, because it's more art exhibit than commercial vehicle. Smityuk Yuri—ITAR-TASS Photo/Corbis “The market has remained very strong,” Ian Kelleher, managing director of [RM Sotheby’s](http://www.rmauctions.com/ "undefined"), told _Bloomberg_. “People are not sitting on their hands. There are new buyers entering the market and younger collectors whose taste is evolving,” Kelleher added. The partnership comes as RM Sotheby’s recently sold a $54 million collection of 75 automobiles and associated items, according to _Bloomberg_. The record for a single car collection is $65.9 million, set by rival auction house Bonhams. ```json [{"@context":"https://schema.org","@type":"NewsArticle","@id":"https://time.com/3909137/sothebys-car-auction/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/3909137/sothebys-car-auction/"},"headline":"You Can Buy This Outrageous $12 Million Supercar","datePublished":"2015-06-04T15:33:16.000Z","dateModified":"2026-05-11T04:44:44.869Z","description":"It's going on auction at Sotheby's","url":"https://time.com/3909137/sothebys-car-auction/","keywords":["Tech","Auctions","Autos","sotheby's","pubdesk"],"thumbnailUrl":"https://static.time.com/v3/assets/bltea6093859af6183b/blta62f4e87eaeccd16/698853063c16397a72458344/gettyimages-475741102.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","author":[{"@type":"Person","name":"Benjamin Snyder / Fortune"}],"articleSection":"Business","image":[{"@type":"ImageObject","url":"https://static.time.com/v3/assets/bltea6093859af6183b/blta62f4e87eaeccd16/698853063c16397a72458344/gettyimages-475741102.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","width":1200,"height":675,"headline":"McLaren F1 New York Media Preview","caption":"McLaren F1 New York Media Preview","creditText":"Steve Zak Photography—FilmMagic","representativeOfPage":true}],"publisher":{"@type":"Organization","name":"Time","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":528,"height":156},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]}},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"/section/business/","name":"Business"}},{"@type":"ListItem","position":2,"item":{"@id":"https://time.com/3909137/sothebys-car-auction/","name":"You Can Buy This Outrageous $12 Million Supercar"}}]},{"@context":"https://schema.org","@type":"VideoObject","name":"Driverless Cars: The Future of Driving","description":"Predictions about a future in which cars that will drive themselves have been staples of everything from science fiction to pop culture to corporate PR for decades. 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