Steve McQueen's $11 Million GT40 Is The Most Expensive American Car Ever Sold

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This Ford GT40 fetched $11 million on the Pebble Beach Auction block this weekend, making it the most expensive American car ever sold.

Extreme cost aside, this 1968 Ford GT40 Gulf/Mirage has a more unique history than most. It belonged to Hollywood's king of speed, Steve McQueen, and was featured in the 1971 racing classic, Le Mans.

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Hungry for more after filming Bullitt, which features the world's first live-action chase scene on the streets of San Francisco with beefed up versions of the brand new 1968 Ford Mustang and a Dodge Charger of the same vintage, Steve McQueen decided to outfit a GT40 for a live action race film.

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Easier said than done. He had a hole cut in the roof for one camera mount, and had one of the doors hacked up to accommodate a smaller camera, operated by some poor sap clinging to a flimsy swivel seat, at race speeds, outside the car.

The result was what could be seen as perhaps the most car-focused movie in filmmaking history, although its focus on racing footage didn't leave much room for a plot (there really wasn't one).

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The chopped up car was eventually restored to its original condition by someone in its string of collector owners, and is still cool enough for someone to drop a cool 11 mil on it.

Photo credit: RM Auctions