A Jaguar C-type – one of the rarest cars on the planet – has been unearthed.
The vintage, 140mph motor is one of only 53 made.
The 3.4litre, 200bhp classic, race car was previously owned by former F1 driver and ex-Le Mans winner Masten Gregory.
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But after it crashed and caught fire it was left in a “sorry state.”
Car enthusiast Mark Daniels snapped it up for a bargain £2,000 in 1964.
It is the equivalent of about £20,000 in today’s money.
Mark, of Milwaukee, Wisconsin, US, carried out a painstaking, two-year restoration and owned it for 14 years.
The C-type was then sold on to other motoring buffs.
It is now set to go on show with 60 other rare motors.
The Jag has been referred to as “priceless”, as reported by Luxury Auto News.
But estimations on a sale price if it was to be sold are over £2million – 100 times what it was previously bought for.
The C-type will be on display at the Concours of Elegance 2025 at Hampton Court Palace from 5 to 7 September.
A spokesperson said: “It is a remarkably original car that once sold for just £2,000.
“It is now priceless.”
A source added: “It’s probably worth a couple million today.”
The Concours of Elegance spokesperson added: “Gregory wound up having a serious crash in it during practice for a race in New York.
“He spun and the car caught on fire.
“Jumping out just in time he was able to return to the pits, where he promptly sold the car on the spot.”
They added: “The car was bought by Mark Daniels who acquired XKC-015 for just £2,000.
“A steal for what now ranks as one of the most desirable and valuable classics in existence.
“It was in a sorry state when Daniels acquired the car, and he set about restoring it to its former glory.
“Using nothing but genuine original C-type parts in a painstaking process that took over two years to complete.”
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