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The most expensive Holden ever: Rare 1977 LX Torana with a special history to go under the hammer - and it could sell for $2million

What could be the most expensive Holden in history is set to go up for auction this Saturday.

The iconic 1977 LX Torana is an extremely sought after model by classic car lovers - and due to the special history of this particular one, it's expected to sell for about $2million.

The car was driven by renowned race car driver John Harvey during the 1977-79 Australian Touring Car Championship.

The iconic 1977 LX Torana could be the most expensive Holden in history when it goes up for auction this Saturday

The iconic 1977 LX Torana could be the most expensive Holden in history when it goes up for auction this Saturday

1977 LX Torana is an extremely sought after model by classic car lovers - and due to the special history of this particular one, it's expected to sell for about $2million

1977 LX Torana is an extremely sought after model by classic car lovers - and due to the special history of this particular one, it's expected to sell for about $2million

Lloyds Auctions chief operations officer Lee Hames, said the rare vehicle is 'arguably one of the most important pieces of Australian Motor Racing History to go under the hammer in some time'.

'This car is presented in the correct HTD Marlboro livery bearing #76 and running as good as the old days thundering around the tracks,' he said. 

The online auction opened a few weeks earlier and has already garnered interest from rev-heads right across the globe.

Bidding is currently in excess of $700,000 with 72 hours to go until auction day.

Mr Hames expects that figure to accelerate before Saturday as potential buyers bide their time before stepping on the gas and driving the price higher. 

'Who knows what this car could end up selling for, I wouldn't be surprised if it sells for $2million,' he said.

The muscle car was driven by renowned race car driver John Harvey during the 1977-79 Australian Touring Car Championship

The muscle car was driven by renowned race car driver John Harvey during the 1977-79 Australian Touring Car Championship

Racing car legend John Harvey has signed the dash board of the purpose-built race car

Racing car legend John Harvey has signed the dash board of the purpose-built race car

'The significance and provenance of this car is paramount to Australian history and is something that is very special and extremely rare, there is no other like this car, it is one of one driven by legendary race car driver John Harvey.' 

The 1977 LX Torana created history as the first Australian production car built purposely for motor racing and quickly became the most successful Australian Touring Car ever released by General Motors Holden.   

For the lucky buyer who drives away with the Torana, the purchase also comes with a multitude of racing equipment including the spare tyres required for racing, John Harvey's worn jacket, boots, helmet, trophies, racing records and a huge array of other memorabilia items.  

The current owners of the car bought it back in 2002 and has had an association with John Harvey since 1999. 

Mr Harvey has helped provide details about the history of the racing car.  

The auction ends this Saturday at 7pm AEDT time. 

Lloyds Auctions chief operations officer Lee Hames, said the rare vehicle is 'arguably one of the most important pieces of Australian Motor Racing History to go under the hammer in some time'

Lloyds Auctions chief operations officer Lee Hames, said the rare vehicle is 'arguably one of the most important pieces of Australian Motor Racing History to go under the hammer in some time'

'This car is presented in the correct HTD Marlboro livery bearing #76 and running as good as the old days thundering around the tracks' Mr Hames said

'This car is presented in the correct HTD Marlboro livery bearing #76 and running as good as the old days thundering around the tracks' Mr Hames said

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