Million-dollar Holden Maloo GTSR W1 could be given away in raffle

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Words: Matthew Hansen
27 Jan 2021

With just three days and six hours to go at the time of writing, bidding on what’s now the equal most expensive Australian-produced car of all time — an HSV Maloo GTSR W1 — sits at AU$1.05million.

The curious question of who the lead bidder is has been answered by Australian motoring outlet CarExpert. Melbourne-based company LMCT+ has revealed that they lead the auction as it stands, and they have no intentions of keeping the car if they win.

The group is most known for raffle giveaways of expensive supercars, with a portion of the proceeds from the raffles going to Australian charities. In the past these giveaways have included a Ferrari 488 and a McLaren 720S. Speaking to CarExpert, LMCT+ director Adrian Portelli says that if they win the auction the prized HSV will be given away in a similar raffle.

“As much as I would personally love to hold onto this car and put it into the collection, giving every day Aussies the chance to win a piece of Australian history for as little as $30 gives us goosebumps and is much more rewarding,” he said.

“This will be the most expensive car we use as a promotional giveaway. There’s not many cars that top that million dollar mark available here in Australia other than an Aventador SVJ, your occasional Ferrari 488 Pista Spider, McLaren Senna, and then obviously your highly sought after collectables, F40 etcetera.

“My goal is to do a one-day giveaway sometime this year and also a car hunt around Melbourne, by buying 10 cars and hiding them all across Melbourne for people to find. Whoever finds the cars wins them. 2021 will be an exciting year.

“It’s really starting to sink in with these bigger prizes how life changing they’ve become and the impact it can have on someone’s life. Many of our winners have gone on to sell the car or take the cash offer and improved their quality of life whether it be using the money as a healthy deposit for a house or investing it.”

As previously reported, HSV built a cheeky handful of W1 ‘Maloo’ utes under the cover of darkness while producing its W1 sedan. Some report that just four were made, and others report six (two yet to be registered). Regardless, it’s undoubtedly one of the rarest Holdens ever produced.

The current Lloyds Auction bid is significant as it narrowly betters the former record-holding figure belonging to the 2018 sale of a 1971 Ford Falcon XY GTHO Phase III. Sticklers for detail should note that the Falcon sale price doesn’t include auction fees, although neither does this Maloo W1 auction.


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