<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01

This lot has been removed from the website, please contact customer services for more information

Lot 172
The Ex-David Hobbs, Jack Baldwin, Jacques Villeneuve, Scott Goodyear
1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe

Sold for US$ 300,000 inc. premium
The Ex-David Hobbs, Jack Baldwin, Jacques Villeneuve, Scott Goodyear
1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe
Chassis no. HU8811-01

10.2 Liter 4-cam/32-valve V8 Engine
Fuel Injection
956bhp at 6,300rpm
5-speed Hewland VGC Transmission
4-Wheel Independent Suspension
4-Wheel Ventilated Disc Brakes

*Lemans Classic eligible
*Incredible race history
*GMs answer to the Porsche 962
*With the current owner since 1992
*1 of only 7 GTP Corvettes produced, 1 of only 2 designed & fitted with V8 Power


THE MOTORCAR OFFERED

Here Bonhams is delighted to offer this 'GTP Corvette' as initially campaigned by Peerless Racing in the top-line American IMSA race series of 1987-88. But this particular race car's story is not confined to those home events. Oh no. This particular race car was later entered in the world's most prestigious single road race, the French Le Mans 24-Hour Grand Prix d'Endurance, where it appeared in 1990 as the Paul Canary/Dennis Kazmerowski Eagle Performance 'Group C' entry – only to falter during qualifying with an obscure electrical failure...

Only seven such 'GTP Corvettes' were built, constructed to General Motors' order by legendary British specialist race car company Lola Cars Ltd of Huntingdon, England – the historic town chartered by King John as long ago as 1205. The cars design was a joint effort between the companies, with GM spending countless development hours in the wind tunnel testing and designing to maximize downforce and decrease drag. Of the seven GTP Corvettes built there, only the first and last chassis produced were designed and fitted with V8 engines, the others being turbocharged V6s. Four of the seven cars went to Hendricks Motorsport, one to Lee Racing and the last car built ('HU8811-01' now offered here) to Peerless Racing. As the last of the series, the car benefits from all of the advancements made and is the most developed of the seven cars.

This former Peerless team car has been with the current owner since 1992. During its initial two-year career in the IMSA Series it carried 'Bud' and 'Bravo' sponsorship livery. During 1987 it was driven by David Hobbs and Jack Baldwin, then through 1988 it was entrusted to Jacques Villeneuve and Scott Goodyear. Villeneuve drove it in the Grand Prix of Palm Beach on April 23, the Mid-Ohio 500Kms on June 4 and (with Goodyear) in the Watkins Glen 500kms on July 2, finishing 5th in the GTP category. These majestically beautiful 'GTP Corvettes' are integral to the long and illustrious racing history of GM and of the Corvette family itself.

The GTP Corvettes were perhaps the best-looking endurance racing Coupes of the 1980s, luxuriously proportioned yet purposeful and reflecting the form of the road-going production Corvette whose sales they were designed to promote. Chassis 'HU8811-01' offered here was known as the Peerless GTP Corvette.

During its Peerless team IMSA career, this car ran a 366 cubic inch aluminium Donavan small-block V8 engine. It contested six IMSA races, three in 1988 and three in 1989, and always qualified in the top ten. Its best finish was 4th place in the 300km race around the Columbus street circuit on October 2, 1988, co-driven by David Hobbs/Jack Baldwin. On that occasion it was headed only by Geoff Brabham's Nissan and two Porsche 962s.

One can judge a great frontline race car by the company it kept in period. This combination IMSA/Group C thoroughbred raced wheel-to-wheel with other such illustrious IMSA/Group C contenders as the Porsche 962s, Jaguars, and Nissans. Today within Vintage and historic racing a drawback of the Porsche 962 is the cost of maintaining and running them at a competitive level. Even a basic engine 'freshen-up' for a 962 could swallow some $80,000 plus. In contrast a Chevy 360/410 NASCAR-tune small-block V8 with up to 800bhp can be 'refreshed' for some $12-15,000 or replaced entirely at around the $45-50,000 mark compared to $200,000 pus for a 962 power plant.

This opens the door to panoply of high-level and hugely enjoyable Vintage racing, with entry potential to all manner of top-profile International events unconfined just to the United States, but extending to Europe and worldwide. This particular car is presented in the IMSA 'Bud' livery but in specification terms it is in fact just as it was when competing in Group C form at Le Mans in 1990 – complete with its Eagle 10.2-liter (956bhp) 4-cam/32-valve engine installed. The consignor also has a Donavan aluminum 410 cubic-inch short block engine that will be supplied with the car. Transmission is via the correct Hewland VGC 5-speed gearbox which mates to both big- and small-block Chevy engines.

This particularly fine GTP Corvette has not been run for several years but it has instead been preserved in careful storage. Since 1990 it has only been out in public three times, once at the invitation of GM and the Peterson Museum in 2013 for the West Coast introduction of the new C7 Corvette, then again at Laguna Seca Monterey Historics when Chevrolet and Corvette were the featured marque. The car was also displayed at the 2017 Monterey Rolex Reunion.

Before an attempt is made to run this car, the current owner in conjunction with Bonhams of course recommends professional inspection of its mechanical components, fuel system, brakes, hydraulics etc.

This is an immensely attractive modern-era endurance racing car of particular pedigree, reflecting both General Motors' Corvette line and the purebred racing pedigree and class of Lola Cars combined. The Le Mans-history Eagle engine is so unique that a new owner plainly has the most attractive option of re-adopting the original small-block Chevy configuration as run in IMSA to save the Le Mans unit for posterity as part of the car's unique history. And now – Corvette admirers – this ultimate Corvette is only one bid away from being yours...

Footnotes

  • Please note, this vehicle is sold on a Bill of Sale.

Saleroom notices

  • Please note, this vehicle is offered on a Bill of Sale.
Contacts
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
<b>1988-90 Peerless GTP Corvette Lola-Chassised IMSA/Group C Racing Coupe</b><br />Chassis no. HU8811-01
Auction information

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Buyers' Obligations

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Buyers' Premium and Charges

Please Note: The Buyer's Premium for this auction is as follows:

For MOTOR VEHICLE property the premium is 12% on the first $250,000 of the bid price and 10% on any amount of the bid price exceeding $250,000. Buyers are required to pay any applicable import duty, sales or use tax, as the case may be.

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