2002 Ultima GTR

Lot Number: 897

2002 Ultima GTR

Dubbed the ‘quickest accelerating and decelerating supercar of all time’, this fabulous Ultima GTR is powered by a John Sleath normally-aspirated 6.3-litre Chevrolet engine producing 400bhp.

  • Sold for an undisclosed sum.

LIVE AUCTION: This lot was auctioned on Saturday 20th May, 2023 at 1.00pm BST at Sywell Aerodrome, Sywell, Northampton, NN6 0BN

  • Body Colour

    BODY COLOUR
    Mauritious Blue Pearl

  • Drive

    DRIVE
    RHD

  • Registration Number

    REG NUMBER
    SP51 MRX

  • Odometer Reading

    ODOMETER READING
    5000 Miles

SUMMARY

Dubbed the ‘quickest accelerating and decelerating supercar of all time’, this fabulous Ultima GTR is powered by a John Sleath normally-aspirated 6.3-litre Chevrolet engine producing 400bhp.

DESCRIPTION

Ultima's story begins in 1983 when engineering maestro Lee Noble (who would go on to start Noble Automotive) founded Noble Motorsport and designed the Ultima Mk1 race car, inspired by the 'Group C' cars of the time. Launched in 1999, the Ultima GTR was dubbed the ‘quickest accelerating and decelerating supercar of all time’, with official performance records that humbled every mainstream car on the planet bar none - Bugatti Veyron, Ferrari Enzo and McLaren F1; none could match the GTR’s plethora of world speed acceleration and deceleration records, and when independently timed around the Top Gear test track, was found to be a blistering 6.2 seconds per lap faster than the £450,000 Ferrari Enzo and 4 seconds per lap faster than the £1,500,000 Bugatti Veyron SS. Now universally appreciated as a true supercar, not much can come close to the value for money these exceptional vehicles offer in today’s market.

The car presented here is a 2002 Ultima GTR, which our vendor (an astute classic car collector and race car driver) had fully commissioned by the highly skilled team at TT Motor Racing Ltd., the historic motorsport preparation specialists, based in Dorset. The business is headed-up by Terry Van Der Zee who has been building cars and engines for over 50 years, with his particular interests being developing/building racing engines, gearboxes and differentials.

Terry’s engineering team have been responsible for all the build and set-up work on this car, which had a John Sleath normally-aspirated 6.3-litre Chevrolet V8 (with new Weber 48 DCOEs), a Porsche 5-speed G50 transaxle, and bodywork of our vendor’s own design (specially manufactured by Ace Fibreglass Services of Sherbourne). They also carried out specialist fabrication and the fitting of appropriate race parts, including front anti-roll bar, a bespoke exhaust system, a special clutch and high-capacity radiator, fire system, kill switch, race mirrors, e-marked race tyres, race battery, and right-hand rod gear change etc.

To achieve the end result, a nod perhaps to the Le Mans Bentley Speed 8, our vendor says: “we put all the ingredients of the car, plus my brief, into the blender and came up with the car here, which has been ‘Bentley-fied’. It would be very exciting as a weekend toy/track-day car, and is perfectly docile on the road if driving to and from a racetrack - or just down to the pub. It certainly gets a lot of attention everywhere it goes.”

The car is accompanied by a huge number of receipts documenting the large expenditure, and has just passed an MOT, hence is fully road-legal. To remove the Bentley accents, if desired, would be very easy.

Our vendor continues: “I have taken it to one ‘shake-down’ session at Goodwood, and it is very fast; appropriately loud, and handles like a proper race car. It is freshly painted in BMW Mauritius Blue Pearl and retains its Ultima black leather race seats. The engine made significantly more than 400bhp at the rear wheels (500bhp-plus at the flywheel) on the rolling road when it was taken for set up. It is capable of delivering more power than that but perhaps at the expense of road tractability.”

Frustratingly, our vendor has the opportunity to purchase another very special classic car, so the Ultima needs to be sold to contribute towards this cost. A real opportunity to acquire a properly sorted machine, offering amazing performance and, at this price point, you will not be disappointed.

 

SPECIFICATION

Lot Number
897
Make
ULTIMA
Model
GTR
Registration Number
SP51 MRX
Chassis Number
205181
Transmission
Manual
Body Colour
Mauritious Blue Pearl

GALLERY

CONSIGNOR

Consignor

For further information regarding this lot please contact Joseph.

CONTACT

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Vehicles

All cars must be removed from the venue between 9am – 2pm on Monday 22nd May. Full payment must be received before any items are available to be released.

Our transport partner, EM Rogers, can assist with collection and delivery. Please contact them on +44 (0) 1604 755511 or trafficdesk@emrogers.co.uk for a quote.

Any cars not collected by 2pm on Monday 22nd May will be taken to EM Rogers storage facility in Northampton for a fee of £175 + VAT. Storage will be charged at £10 + VAT per day from the Monday onwards.

A member of the administration team will contact you to confirm your transport plans after the auction. If we do not hear back from you by 9am on Monday 22nd May, we will arrange for our transport partners to collect the vehicle on your behalf.

Automobilia

Automobilia can be collected from the auction hall on the day of the auction, between 9.30am and 5pm on Sunday 21st May or on Monday 22nd May between 9am and midday by prior appointment. After this time, it can be collected from our offices in Warwickshire or shipped to you at your expense.

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/.

Oracle Finance

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:

www.howdeninsurance.co.uk/iconic-auctioneers

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