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World's oldest-surviving Porsche is set to sell for $20 MILLION at auction, 80 years after the 1939 race it was created for was called off due to Nazi invasion

Daily Mail logo Daily Mail 14/05/2019 Chauncey Alcorn

How much would you pay to own the world's oldest Porsche?

a close up of a car: Front view of the Porsche Type 64 #3 © Provided by Associated Newspapers Limited Front view of the Porsche Type 64 #3 Auto valuation experts believe some enthusiastic soul with deep pockets will fork over $20 million for the antique collectible known as the Type 64 #3.

If it happens, it would be the most expensive Porsche purchase in world history, according to Road and Track.

Rear view of the Porsche Type 64 #3 © Provided by Associated Newspapers Limited Rear view of the Porsche Type 64 #3 The one-of-a-kind antique Porsche is scheduled to be auctioned RM Sotheby's in August during the 2019 Monterey Car Week in Monterey, California.

Designed for racing, the Type 64 sports car actually predates the creation of the inaugural Porsche 356 and the Porsche brand as a company by almost a decade.

a car parked in a parking lot: An exterior shot of the Type 64 Porsche sports car, known as the world's oldest-surviving Porsche. The vehicle is set to be auctioned by RM Sotheby's during California's 2019 Monterey Car Week in August © Provided by Associated Newspapers Limited An exterior shot of the Type 64 Porsche sports car, known as the world's oldest-surviving Porsche. The vehicle is set to be auctioned by RM Sotheby's during California's 2019 Monterey Car Week in August a close up of a computer: The Porsche logo and license plate on the Type 64 #3 © Provided by Associated Newspapers Limited The Porsche logo and license plate on the Type 64 #3

It's currently owned by Porsche enthusiast and author Dr. Thomas Gruber of Vienna, Austria.

A side view of the Type 64 Porsche, which predates Porsche's founding as a company by almost 10 years. Ferry Porsche, came up with the idea for the type 64 in 1939, but didn't complete the design until 1940 © Provided by Associated Newspapers Limited A side view of the Type 64 Porsche, which predates Porsche's founding as a company by almost 10 years. Ferry Porsche, came up with the idea for the type 64 in 1939, but didn't complete the design until 1940 Porsche engineer and founder Ferdinand Porsche's son, Ferry Porsche, originally came up with the idea for the Type 64 in 1939, but completed its design in 1940, according to Road and Track.  

The vehicle's rounded features mirror the popular Volkswagen beetle of the same era. However the Type 64 was supposed to help its creator win a 1,500 kilometer race between Berlin and Rome in 1939.   

a man smiling for the camera: Porsche enthusiast Dr. Thomas Gruber of Vienna, Austria is the current owner of the world's only surviving Porsche Type 64 © Provided by Associated Newspapers Limited Porsche enthusiast Dr. Thomas Gruber of Vienna, Austria is the current owner of the world's only surviving Porsche Type 64

The invasion of Poland by Nazi Germany in September of that year prevented the race from ever occurring. 

a car engine: Interior view of the Porsche Type 64 #3 © Provided by Associated Newspapers Limited Interior view of the Porsche Type 64 #3 'Without the Type 64, there would be no Porsche 356, no 550, no 911,' RM Sotheby's car expert Marcus Görig said in a statement.

'This is Porsche’s origin story, the car that birthed the company’s legend, and it offers collectors what is likely an unrepeatable opportunity to sit in the seat of Ferdinand and Ferry Porsche. With this car, the new owner will not only be invited to the first row of every Porsche event worldwide—they will be the first row!' he added. 

In 1948, Porsche debuted its first car, the 356, which appeared side by side with the Type 64 at an early appearance in Austria.

Racer Otto Mathé was the first to buy the Type 64 from the company in 1949, according to Road and Track. He used the early sports car frequently during races in the early 1950s and held onto it until he died in 1995, when the car was sold to Gruber.

a plane parked on the side of a mountain: Ferry Porsche created for a 1939 race between Berlin and Rome that never happened because Nazi Germany invaded Poland later that year

Ferry Porsche created for a 1939 race between Berlin and Rome that never happened because Nazi Germany invaded Poland later that year
© Provided by Associated Newspapers Limited

Sotheby’s Global Head of Auctions Gord Duff said: 'The Type 64 helped define what a sports car is today.'

'It carries many of [the] traits we’ve seen throughout seven decades of Porsche production and still see in some of the marque’s most sought-after contemporary models,' he added.

The current record for world's most expensive Porsche purchase is the 1970 Porsche 917 that sold for $14 million in 2017.

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