A 62-Mile Gordon Murray T.50 Hits RM Sotheby's Sealed Sale

RM Sotheby's has listed a 2024 Gordon Murray Automotive T.50, chassis 047 of a 100-car run, in its Sealed September auction. The car shows 62 miles from new and, per the listing, has not been driven outside factory testing. The estimate is £4,200,000 to £4,600,000, which RM puts at roughly $5.5 million to $6 million. It is located in London, and bidding on the sealed lot opens 23 September and closes 30 September.

The specification is the reason the number is what it is: a 4.0-litre naturally aspirated Cosworth V12 making 661 hp and revving to 12,100 rpm, a six-speed Xtrac manual, and a dry weight of 997 kg. There is no other new car that combines those three things.

Sixty-two miles is a logistics specification

On a car like this, mileage is not a data point. It is a large fraction of the value. The gap between a 62-mile example and a 600-mile example on a 100-car run is measured in six figures, which means every mile added between the hammer and the buyer's garage is a real cost.

That rules out the obvious. The car does not get driven onto a trailer, and it does not get driven off one. It gets winched or lifted, on a liftgate, with the odometer untouched. Our liftgate versus ramp loading guide covers why that equipment requirement is not negotiable on a car in this condition.

It also changes the trailer position. A car this valuable belongs on the top deck in a multi-car enclosed trailer, away from any fluid path from vehicles above it, or in single-car enclosed. Our top-load versus bottom-load breakdown explains where the actual risk sits.

The London problem

The car is in the United Kingdom. Most of the money in this segment is not.

If it sells to a US buyer, the move is not a domestic enclosed shipment. It is an export, an ocean or air crossing, a customs entry, and then a domestic enclosed leg from the port. Each of those is a separate arrangement with separate insurance, and the handoffs between them are where high-value vehicles get damaged.

The lot page also carries an addendum that changes the paperwork before it changes the route: the car entered the United Kingdom on a temporary import bond. That bond has to be cancelled either by exporting the car out of the UK on an approved bill of lading with supporting customs documentation, or by paying the applicable VAT and import duties to keep it there. In practice that means the export leg and the customs file are the same decision, and the buyer's shipper has to be appointed early enough to produce documentation the bond will accept.

There is also a federal compliance question that any US buyer has to resolve before the car moves, not after. The T.50 was not built to US federal motor vehicle safety or EPA standards, and cars in that position enter the country through narrow exemptions or not at all. That determination belongs to the buyer's customs broker and counsel, not to a transport quote, and it should be settled before a booking exists. Our international transport guide explains how the domestic and international legs fit together once the compliance path is known.

What the estimate says about the market

Gordon Murray delivered the T.50 into a market that had largely decided the future was electric and dual-clutch. A manual, naturally aspirated, sub-1,000 kg V12 was a deliberate bet against that.

An estimate near double the car's original price, on an example with delivery mileage, suggests the bet is holding. It also confirms something the enclosed transport market has been watching for several years: the cars appreciating fastest in the modern hypercar segment are the ones being preserved rather than driven, which means more of them move on trailers and fewer of them move under their own power.

Sealed auctions do not publish results the way a live sale does, so the actual number may or may not become public. The estimate is what we have.