The million dollar GTs

[AusM]

For a feature on this 'shed', catch the next issue of Performance Ford out Wednesday 28th...

Two Melbourne businessmen have paid a record $1 million for a pair of rare Ford Falcon GT sedans. Friends and business associates Leo Khouri and Steve Dellidis this week took delivery of a 1967 XR GT Falcon in original condition with 34,000 genuine miles on the clock and a restored 1970 GT Falcon that had travelled just 72,000 miles. The $400,000 and $600,000 paid for the respective cars are believed to be records for those models.

The 1967 GT is regarded as the best example of its type, having won three concourse events, and the 1970 model is also a multiple trophy winner. In recent years baby boomers (those born before 1960) have been pushing the prices of muscle cars to record highs. But now younger collectors are joining in the craze and many others are using their personal superannuation funds as a tool to buy muscle cars.

Among a collection of bikes and other rare cars Khouri, 42, and Dellidis, 34, now have a total of 16 immaculate GT Falcons, said to be the largest private collection in Australia.

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