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The Pontiac GTO is a front-engine, rear-drive, two-door and four-passenger automobile manufactured and marketed by the Pontiac division of General Motors over four generations from 1963 until 1974 in the United States — with a fifth generation made by GM's Australian subsidiary, Holden, for the 2004 through 2006 model years.
The sale, to a private buyer, was for 135 million euros ($142,769,250). It handily outstripped the previous record-setting $48.4-million sale of a 1962 Ferrari 250 GTO at a 2018 auction to become the most expensive car ever sold at auction. Both of these high-dollar sales were brokered by RM Sotheby's. [1]
The GTO was offered as a separate model line beginning in 1966. The Tempest name was retired after 1970, replaced by the T-37 as the base model, which in turn gave way to the LeMans name in 1972. In Canada from 1987 to 1991, Pontiac marketed a rebadged version of the compact L-body Chevrolet Corsica under the revived Tempest name.
Car expert Jack Nerad noted in a 2007 article "several fully restored AMX models" listed for sale at "little more than half the price of a comparable Buick Gran Sport, Chevrolet Chevelle, Olds 4-4-2 or Pontiac GTO" in support of the author's opinion that the 1971–74 Javelin was "clearly an outstanding alternative muscle car for the enthusiast ...
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While the GTO continued as a big-engined muscle car, the Tempest and LeMans models got a new SOHC 230 cu in (3.8 L) straight-six as the base engine. This engine, as well as the early Tempest with the transaxle in the rear, were ideas of Pontiac's Chief Engineer John DeLorean , who became Pontiac's general manager at the end of the 1965 model year.
Hemmings Motor News is a monthly magazine catering to traders and collectors of antique, classic, and exotic sports cars.It is the largest and oldest publication of its type in the United States, with sales of 215,000 copies per month, and is best known for its large classified advertising sections.
This engine was used in the 1966-67 Tempest and Le Mans and 1967 Firebird. An optional high-performance Sprint version featured high-compression pistons, hotter cam, dual valve springs, split/dual exhaust manifold , stronger coil, and the then new Rochester Quadrajet carburetor. rated at 207 hp (154 kW). [ 5 ]