1987 BMW 'M5 - S38' E28

Lot Number: 505

1987 BMW 'M5 - S38' E28

Striking looks in period Jägermeister livery, this S38-powered 5-Series is ready to race.

  • GUIDE PRICE: £25,000 - £30,000

+ buyer's premium of 12.5% plus VAT (15% incl VAT)

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LIVE AUCTION: This lot will be auctioned on Saturday 22nd February, 2025 at 12.00pm GMT at Stoneleigh Park, Stoneleigh Rd, Coventry, CV8 2LG

  • Body Colour

    BODY COLOUR
    Papaya

  • Drive

    DRIVE
    RHD

  • Registration Number

    REG NUMBER
    N/A

SUMMARY

Striking looks in period Jägermeister livery, this S38-powered 5-Series is ready to race.

DESCRIPTION

This 1987 BMW 5 Series (E28) is a well raced, hugely competitive car well known in BMW circles, having featured in a plethora of magazines and articles. It's visually stunning with the iconic Jägermeister livery perfectly representing the nature of this car. This exceptional vehicle has undergone a remarkable transformation having started life as an E28 520i Lux (D758 SGK) and now fully built up into what you see today, with its E34 M5 S38 six-cylinder heart, tuned and tweaked to produced an impressive 360bhp. A beautiful blend of brute strength and stunning looks, it stands out from the crowd for all the right reasons.

This automotive gem earned its stripes with a glorious 5-page feature in the January 2023 issue of Total BMW, solidifying its status as a standout in the world of high-performance cars. Notably, it graced the cover of the 2003 Silverstone BARC Championship Race day Programme and made further appearances in Total BMW (August 2004) and BMW Car Magazine (March 2017).

Initially, after its conversion from a fairly uninspiring donor car to a proper racer, it was still able to wear a number plate and drive on the streets, however, it is no longer currently MOT'd or on the road and whilst it currently lacks road legality, its race/track-oriented features are nothing short of extraordinary.

Externally, the BMW has a carbon fibre bonnet and boot-lid, 'Group 5' arches and all-steel panels, all fitting very well. With Gaz coil-overs, an E34 M5 LSD and enormous ET11 Wagner-Tuning two-piece, split-rims (9.5" x 16" fronts and 10.5" x 16" rears) wrapped in 245/45/16 and 265/45/16 tyres respectively, grip and traction are phenomenal.

The car is powered by the later S38 E34 M5 engine and gearbox, boasting a 6,900rpm 'redline' and with a custom-made stainless steel exhaust system and upgraded engine management, we understand that power output is in the region of 360bhp. The interior is exceptionally well finished, especially for a race car, with a multi-point roll cage, custom Alcantara flocked dash, DigiDash 2 display, a Momo steering wheel and Corbeau bucket seats with 6-point TRS harnesses. Retardation is handled by 750iL brakes wearing EBC Orange Stuff pads and an Accusump oil reservoir prevents surge.

The history file makes for very pleasant reading and features some build photos, a plethora of invoices over the years, every MOT for D758 SGK from 1994-2009 and all the magazines in which the car has been featured.

A well documented and storied history, meticulously detailed, and built for the top A2 (over 3,601cc) class in Classic Thunder Cars, this 1987 BMW E28 M5 is running and driving beautifully, eligible for plenty of prestigious motorsport events and ready to compete once more.

SPECIFICATION

Lot Number
505
Make
BMW
Model
E38 M5 - S38
Registration Number
N/A
Chassis Number
TBA
Transmission
Manual
Body Colour
Papaya

GALLERY

CONSIGNOR

Consignor

For further information regarding this lot please contact Harry.

CONTACT

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Please note all lots must be removed from the venue no later than 2pm on Monday 24th February. Collections will be from 9am - 2pm. If you cannot collect yourself, please do get in touch with our transport partner, EM Rogers, who will be happy to help you.

Uplift by EM Rogers back to their storage facility in Northampton is £175 plus VAT. Storage is £10 plus VAT per day for the first seven days and £40 plus VAT per week thereafter.

For larger vehicles such as vans, transporters etc. please contact EM Rogers on +44 (0)1604 755511 for a quote.

If you cannot collect, or do not let us know transport arrangements before noon on 24th February, we will send the car to EM Rogers on your behalf.

Did you know that you may be able to finance your upcoming auction purchase? Our exclusive finance partner Apollo Capital are able to organise fast pre-approval for car funding on the latest interest rates and terms, minimum £50k lend.

An agreement in principle could see you arrange a finance package so the funds are ready to be paid out when you’ve bought your dream auction purchase. Please speak to their experts for a quote on 01423 590242 or visit apollocapitalgroup.co.uk/iconicauctioneers/.

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A classic car or motorcycle is a source of great pride and enjoyment but, whether your car or motorcycle is in storage or on the road, you’ll need a specialist insurance policy. We have partnered with Howden Insurance a leading insurance brokers with a team dedicated to classic cars and motorcycles. They cover a vast array of classic and vintage models and only work with insurers who provide a great service and share our passion for the classic motor industry.

For a personal classic car or classic motorcycle quote, visit:

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