A classic Mclaren F1 has sold at auction for an eye watering £12.2M in Monterey. It was the first Mclaren F1 to be federalized for use in the USA and was 37th ever built.

With only 9600 miles on the clock it has been kept in pristine condition regardless of its 22 years of age thanks to Mclaren and BMW or North America.

No doubt this is going to be sitting pride of place in some car collectors garage where it will sit and just increase in value year on year. Over the past 7 years the prices for an F1 have gone through the roof with one being sold back in 2010 for $3.5M

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