Ultra-Rare Koenigsegg One:1 Sells for a Record-Smashing Price
With prices rising across the high-end collector car market, million-dollar ‘hypercars’ have become somewhat commonplace. When Bugatti launched the Veyron in 2005, it became the first vehicle with a sticker price in excess of $1 million. Now, every new model from Koenigsegg, Pagani, Bugatti, and other boutique manufacturers fetches millions of dollars. The latest top-end Ferrari, the F80, starts in excess of $3 million, as does Gordon Murray’s T.50. Suffice to say, the market for hypercars in the $2 million to $5 million range is saturated.
While the lower- and mid- seven figure price range is flush with options, it remains an exceedingly rare achievement for cars to fetch more than that. Enthusiasts’ minds will jump to the McLaren F1, the Pagani Zonda, or perhaps the rare Mercedes-Benz CLK GTR Roadster as examples of cars that fetch over $10 million. These vehicles achieve the perfect combination of heritage, performance, and rarity to drive their prices into figures that can only be described as astronomical. Though few will ever compete with the record-setting $135 million Mercedes-Benz 300 SLR Uhlenhaut Coupé or even the Ferrari 250 GTO, for a car manufacturer to even cross into the eight figure threshold is a monumental achievement.
One notable brand that has not been in that eight figure club? Koenigsegg.
In the 31 years since its founding, Christian von Koenigsegg has built some of the most desirable performance machines on the road. He stole the McLaren F1’s top-speed world record with the CCR and later bested the Bugatti Veyron Super Sport with the Koenigsegg Agera RS.
With such success, Koenigseggs command terrific prices, especially on the second-hand market. Agera RS examples in the United States have traded in excess of $4 million, with other notable cars, such as the CCXR Trevita and the CCGT race car also crossing this threshold. For some time, One:1 #7110 was listed for sale in the United Kingdom for about $7.2 million, the most expensive listing we’ve seen for an ‘Egg.
The Koenigsegg One:1 was the first homologated production car in the world with a power-to-weight ratio of 1:1 and was designed to be the most extreme iteration of the Agera. With only seven units built, they have earned an almost mythical status amongst enthusiasts and collectors alike, believed by many to be the best example of von Koenigsegg’s engineering genius and a car far ahead of its time. Of the seven One:1s, only a single unit came to North America: chassis #7112.
Delivered new to Miami, Florida, in 2015, the car made a number of notable appearances during its first ownership, including at the 2015 McCall Motorworks Revival at Monterey Car Week and at the 2016 New York International Auto Show. Shortly after, the car was acquired by the Chicago-based “Racer X Collection”. It resided with its owner in Chicago for nearly a decade, being the crown jewel of one of the midwest’s most impressive car collections. It saw periodic track use at Road America in Wisconsin, with the owner bringing out his collection by the truckload to be enjoyed beyond the manner possible on public roads. Among American enthusiasts, the chance to see this car on public roads was so elusive that even The Stradman once flew across the country for the chance to be present for one of its rare outings. Over the years, the owner had received numerous offers to sell the car, which has widely been believed to be the most valuable Koenigsegg in the world. Yet, over and over, those offers were declined. Until recently.
We are ecstatic to announce that the only Koenigsegg One:1 in North America was recently sold for a monumental sum in excess of $10,000,000. This milestone sale thrusts Koenigsegg into the rare club of automotive marques with eight-figure sales and is truly a magnificent testament to the desirability of its cars. While the US market has always been incredibly strong for Koenigsegg, with models from the CCXs to the Ageras commanding heavy premiums compared to the rest of the world, this sale takes things to a new echelon. From here, values will only increase, both for the other six One:1s and models like the Agera RS as interest from discerning collectors in the Koenigsegg brand continues to increase.
Post-sale, the car is remaining in the United States and, furthermore, is remaining in the Midwest, where it will call Kansas its new home. It joins a spectacular collection where this One:1 will sit in good company beside other eight-figure cars, like the aforementioned McLaren F1 and Pagani Zonda. We cannot wait to see what else the future has in store for the marque, but this sale marks a turning point for which the entire Ghost Squadron can be proud.
Photos thanks to the Petersen Automotive Museum.
