Valuable steel: the £500,000 BMW M1

6 November, 2016

Have you ever wondered why the 2009 BMW 1M was never called the M1, like every other M-series car that the automaker has ever produced? It’s because of this car — the incredibly rare BMW M1.

In the ’70s BMW wanted to enter into GT Racing (what would later become the Procar Series), and the German-designed horses were to be built under an agreement with Italian manufacturer Lamborghini. However, conflicts arose between the companies, which prompted BMW to produce the car themselves in-house.

With a production run of a mere 457 units, only 399 sold as road cars from 1978 to 1981, while the rest were used for racing purposes — the car also claims the title of BMW’s first mid-engined model to be mass-produced, and now commands a price tag of £500,000 or more for what little of them remain today.

But that’s enough ramblings from us, watch, and more importantly listen to the beautiful sounds of the BMW M1 as driven by James from the YouTube channel MR JWW.

NZ Classic Car magazine, March/April 2025 issue 398, on sale now

An HQ to die for
Mention the acronym HQ and most people in the northern hemisphere will assume this is an abbreviation for Head Quarters. However, for those born before the mid-’80s in Australia and New Zealand, the same two letters only mean one thing – HQ Holden!
Christchurch enthusiast Ed Beattie has a beautiful collection of Holden and Chevrolet cars. He loves the bowtie and its Aussie cousin and has a stable of beautiful, powerful cars. His collection includes everything from a modern GTSR W507 HSV through the decades to a 1960s Camaro muscle car and much in between.
In the last two Holden Nationals (run biennially in 2021 and 2023), Ed won trophies for the Best Monaro and Best Decade with his amazing 1972 Holden Monaro GTS 350 with manual transmission.
Ed is a perfectionist and loves his cars to reflect precisely how they were on ‘Day 1,’ meaning when the dealer released them to the first customer, including any extras the dealer may have added or changed.

You’re the one that I want – 1973 Datsun 240K GT

In the early 1970s, Clark Caldow was a young sales rep travelling the North Island and doing big miles annually. He loved driving. In 1975 the firm he worked for asked Clark what he wanted for his new car, and Clark chose a brand-new Datsun 240K GT. The two-door car arrived, and Clark was smitten, or in his own words, he was “pole vaulting.”
Clark drove it all over the country, racking up thousands of miles. “It had quite a bit of pep with its SOHC 128 hp (96kW) of power mated to a four-speed manual gearbox,” he says. Weighing in at 1240kg meant the power to weight ratio was good for the time and its length at almost 4.5 metres meant it had good street presence.
Clark has been a car enthusiast all his life, and decided around nine years ago to look for one of these coupes. By sheer luck he very quickly found a mint example refurbished by an aircraft engineer, but it was in Perth.