Rally Champion Colin McCray’s Subaru Sold for $500,000… in Bitcoin

An abandoned car was sold for half a million dollars in bitcoin at an auction in Australia. It was driven in 1994 by rally car legend Colin McCray.

A Subaru Prodrive 555 driven by Colin McRae and Carlos Sainz was sold for half a million dollars in bitcoin at the 1994 Group A World Rally Championship (Image credit: Lloyds Auctions of Australia)

There has been an extraordinary sale in Australia organized by Lloyds Auctions in Australia. This sale is special in many ways. The story is first of a decade’s forgotten car in a barn. Its owner was convinced that the rusting car on his farm was only worth $20,000. it was really A rare legendary copy operated in the 90s by Colin McRae, a world rally racing legend.

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The car left in the barn was driven to the world championship by an auto rally legend

At auction, Lloyds Auctions of Australia presented the vehicle as Subaru Prodrive 555 which was driven in the 1994 Group A World Rally Championship. On top: Colin McRae and Carlos Sainz, former world rally champions. Colin McRae is a Scottish pilot Famous for his risk-free riding, which earned him the nickname “Colin McCrush”. Among the fans of the rally. He won the world championship a year after driving the auction car, still in a Subaru, an Impreza 555 model.

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The Subaru Prodrive 555 is one of 63 examples of this car made in the world. Added to this rarity is the fame of its driver, who died in a helicopter crash in 2007 at the age of 39. Subaru, the epitome of the rally scene, passed from owner to owner as he passed the competition, until ending up in a barn in rural Australia.

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The $500,000 rally car was paid for entirely in bitcoin.

The car was restored to its original condition, then sold during the auction weekend last month where we could also visit The Even Rare Ford Falcon GTHO Phase III, Auctioned for a Record $1.3 Million.

The story of this extremely rare Subaru Prodrive 555 was already gorgeous. However, there is one last detail: The $500,000 paid by his mysterious buyer was paid in bitcoin in cash., The commission is included. Contrary to appearances, Australia’s Lloyds Auction favors this electronic money. Auction houses see it as a secure and anonymous way to transfer large sums of money between buyers and auctioneers. that’s why The still controversial cryptocurrency could establish itself as the preferred means of payment in the future For cars and other valuables.

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Source : Australia’s Lloyds Auctions

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