New Holman Moody GT40s, What's going on?

Hey everyone, I'm new to the forum and looking into an H-M gt40 continuation, but there is very little information about these cars. Does anyone know anything about them?

From what I know right now, Lee Holman has 9 original mkII spare chassis' produced by Tennant Panels and is making continuation cars based on those. They make all of the parts t-44 transaxle etc. in house.

Are any chassis' still available for purchase? What is the price for one of those? (I've seen two versions on posts, 700k and 1.5 million)

Since the H-M team lost a critical member, does this project even exist anymore? Rest in peace Jimmy Tucker
 

Brian Kissel

Staff member
Admin
Lifetime Supporter
Welcome to GT40S Alexander. As David said, call them directly for your best information. At 19 years old, that is a pretty big goal owning one of those.
I wish you the best.

Regards Brian
 
Thanks Brian, yes I agree I’m not in the correct age group to own one of these. I loved these since I was a kid and think it’s so cool. Trying to secure one before they shoot up in value and become unreachable, if they are willing to sell chassis‘ maybe just a chassis. Gotta have one during my lifetime, one of the most legendary race cars ever.
 
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Dave Hood

Lifetime Supporter
Alexander, I live in Charlotte and Holman Moody has done quite a bit of work on my car. A friend of mine, Paul Whitlock, is currently working for them and building several MKII's using the few remaining tubs and parts in their stock from the 1960s. They also have the body moulds as well from the original cars. It's an awesome shop. I don't know if they would part with one of their remaining original chassis. Even if they did, my guess is they would be fairly expensive.

The photo below is one that they are currently building for a customer located outside the U.S.
GT40 MKII.png
 
Lee Holman received the last batch of Tennant chassis & some of the tooling as Tennant didn't want to do any more chassis builds.
(These are not Abbey Panels chassis from the 1960's.)
They are not 'Mk2' chassis to my knowledge, but are GT40 chassis which can be built as either version.
They were shipped partially unassembled to H-M.
Holman builds Mk2 continuation cars because Lee has original documentation from Ford Motor Company in the 1960's that identifies Holman Moody as a manufacturer of the Mk2 version.

Speak to Lee Holman, he's a nice guy.

Regards Steve
 

Rob Klein

Supporter
I talked to Lee back in early 2000 and the cars were $250,000 now they are a $1mill. Interesting if people think that having a Holman Moody GT 40 mkII is worth $1mill. When you look at the way he is building the cars, it is just like they were in the 1960's, but do you want all the magnesium parts ect...
So here is the question would you rather have a Gelscoe or a Holman Moody?
 
The Holman car is a true "continuation" made directly by the same people and in the same shop that built and raced them for Ford when it all began in the 60's. Uses all parts made from original specs and materials with little compromise. Gelscoe is a replica built using Ford drawings and very accurately done. At $600K, it should be. It's like the difference between Ferrari making more Daytonas versus a replica built to very hight standards with alloy body and Ferrari motor. Each has a piece of the market and offers something different IMHO. The next closest thing is the SPF but the price difference and underlying authenticity vastly less. I am not sure, but in this crazy car market where mustang "restomods" sell for $300K, I am sure Lee's 40 would sell for a million to the right person.
 

Rob Klein

Supporter
The Holman car is a true "continuation" made directly by the same people and in the same shop that built and raced them for Ford when it all began in the 60's. Uses all parts made from original specs and materials with little compromise. Gelscoe is a replica built using Ford drawings and very accurately done. At $600K, it should be. It's like the difference between Ferrari making more Daytonas versus a replica built to very hight standards with alloy body and Ferrari motor. Each has a piece of the market and offers something different IMHO. The next closest thing is the SPF but the price difference and underlying authenticity vastly less. I am not sure, but in this crazy car market where mustang "restomods" sell for $300K, I am sure Lee's 40 would sell for a million to the right person.

If you order a new build from Lee, it's a $1mill so my question is will they hold value in the resale market. Lee only has five or six left, and then thats it. So there were only 12 GT 40 MKII built for the track, and lee ordered 15 more and out of the 15 he has less than six left.
 
The Holman car is a true "continuation" made directly by the same people and in the same shop that built and raced them for Ford when it all began in the 60's. Uses all parts made from original specs and materials with little compromise. Gelscoe is a replica built using Ford drawings and very accurately done. At $600K, it should be. It's like the difference between Ferrari making more Daytonas versus a replica built to very hight standards with alloy body and Ferrari motor. Each has a piece of the market and offers something different IMHO. The next closest thing is the SPF but the price difference and underlying authenticity vastly less. I am not sure, but in this crazy car market where mustang "restomods" sell for $300K, I am sure Lee's 40 would sell for a million to the right person.

I wouldnt say that's entirely correct, since the original Mk2' chassis tubs were made by Abbey panels (not tennant) and FAV shipped the tub numerous other parts as a kit to the US for assembly, clearly not the case with these cars. Still a lovely thing though
 
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