Commodities

Historic 1976 McLaren M23 Formula 1 Car Offered for Sale by Broad Arrow Private Sales

Published May 14, 2024

Broad Arrow Private Sales, a subsidiary of Hagerty HGTY, has announced a unique opportunity for collectors and enthusiasts in the racing world. The company is currently listing the ex-Jochen Mass 1976 McLaren M23, chassis M23-12, a notable and storied vehicle from the annals of Formula 1 history, famous for its motto 'Race on Sunday, Sell on Monday.' This sales event represents a chance to own a significant piece of racing history, as the M23 is revered for its engineering brilliance and competitive history.

A Glimpse into the McLaren M23's Legacy

The McLaren M23 model played a pivotal role in McLaren's Formula 1 achievements during the mid-1970s. It is a machine that enthusiast circles and historians have fondly remembered for its contributions to the sport. The chassis M23-12, driven by the esteemed Jochen Mass, participated in numerous Grand Prix events, bolstering McLaren's reputation on the track. Owning such a chassis is not just about acquiring a racing car; it's about investing in a piece of F1 lore. This particular car's availability through Broad Arrow Private Sales emphasizes the growing market for authentic and well-preserved historical race cars.

Investment Potential of the McLaren M23

As an asset, the 1976 McLaren M23-12 presents a unique opportunity for high-net-worth individuals and investment groups with an interest in motorsports history. The car's condition, provenance, and rarity contribute to its investment appeal, providing a multifaceted value proposition beyond simple appreciation. Potential buyers may be drawn to the M23-12 not only as a trophy asset but also as a possible appreciating investment, particularly in a market where historical significance and authenticity are highly prized.

McLaren, investment, racing