AN incredibly rare BMW that was once the fastest custom-made car in the world has been found disintegrating in a London shed.
The M1 model, built in 1979 and worth a staggering £250,000, was customised by renowned Austrian racing driver Harald Ertl to smash a land speed record.
Two years after its creation, Ertl reached a record 187mph in the motor using twin turbochargers.
For the past 25 years, the car has been off the market with many assuming it had been lost.
But it has now resurfaced in east London and any car enthusiasts with a heap of spare cash and a passion to restore vintage motors will have a stunning project on their hands.
A widow has decided to sell the car after it was left gathering dust.
She called car specialist Charlie Howarth, who was ‘completely stunned’ to discover the car underneath the dust sheet.
Charlie said: “When I received the call I expected to find something mundane, but what I discovered was something special.
“The car was found behind a driveway in Wanstead, we’ve left it in original condition – it adds to its mystique.”
It is set to go up for auction in Germany where it is expected to reach a quarter of a million pounds.
This particular model was ‘a one of a kind’, developed with BP, which was looking to promote a new Autogas product.
It still has a six-cylinder, 24 valve engine and fuel injection – and the supercar is capable of achieving top speed if cleaned up.
Two passengers can fit into the motor, which can reach 0-60mph in just seconds.
A spokesperson said: “This wonderfully sleek and even more aggressively-styled M1 has recently been unearthed from a garage in east London.
“After it was ‘lost’ for nearly a quarter of a century and coming to the market for the first time since 1993; this is possibly the rarest M1 in the model’s history.
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“This glorious BMW M1 supercar is a rare mix of stunning performance and practicality.
“Its handling and reliability are excellent. The levels of comfort were of a degree unheard of in a mid-engined supercar up till then.
“Undoubtedly a piece of motoring history and the subject of several articles, this is a hugely interesting prospect for any serious enthusiast or collector.”