Four developments surfaced this week that look unrelated: a restored Miura with a Brazilian garage in its past, a road-converted McLaren P1 GTR, a Philippine customs sale with a McLaren Senna, and a U.S. Marshals disposal of exotics forfeited in a fraud case. The common thread is that in each one the number attached to the car, whether an estimate, a starting bid or a court-ordered sale, says less than what that number is assuming. None of the four has produced a final price yet, so everything below is an estimate, a starting bid or a comparable, and it is labeled as such. Our Zoute market brief covers the most recent completed results.
Lamborghini Miura P400 SV, chassis 4936: a restored car priced against an unrestored record
Broad Arrow’s October 31 Las Vegas sale at Wynn, held with the Concours at Wynn Las Vegas, offers a 1971 Miura P400 SV, chassis 4936, with a published estimate of $6 million to $7 million. Broad Arrow says it is one of about 150 SVs built, restored in factory Argento over black leather, with its numbers-matching 3.9-liter V12.
The story is the history. According to a sponsored preview on Dupont Registry, the car was delivered new in September 1971 to a lawyer who lived between Angola, Portugal and Brazil. It was taken apart for a planned repaint in red that never happened and then sat largely undisturbed in a Brazilian garage from 1977. A Swiss collector bought it from the family in 2019, and a restoration under Valentino Balboni finished in 2022. The preview gives 22,380 km (about 13,900 miles) at cataloguing, and says Colin Clarke Engineering confirmed a factory-cast split-sump lubrication system, which it describes as among the earliest SVs with that setup while noting the exact introduction point is not definitively established.
The comparable is the car that reset the Miura market this year. At Broad Arrow’s Amelia sale in March, a 1972 Miura P400 SV sold for $6,605,000, a Miura auction record, against a $3.5 million to $4 million estimate. Per Broad Arrow’s pre-sale release, that car had one owner for 52 years, was unrestored, and carried its original engine. Chassis 4936 is therefore priced at or just above a record paid for an unrestored, single-family car, and it asks buyers to pay that level for a documented restoration of a rediscovered one. That is the real question on the block: whether the premium for originality has a ceiling when the restoration is this well documented. Collectors can also read it against our earlier coverage of the Miura P400 SV.
Caveats: the preview is sponsored content, the claim that the color combination is one of three factory examples is a catalog assertion we have not independently verified, and the article contains a chassis-number typo in one place. One record result is not a trend, and an estimate is not a sale price.
2015 McLaren P1 GTR by Lanzante, number 018 of 58: the conversion is the premium
The same Las Vegas sale offers a 2015 P1 GTR, number 018 of 58, converted for U.S. road use by Lanzante, finished in matte black with red and carbon accents. Broad Arrow lists 433 miles, a fresh comprehensive service and an estimate of $3.2 million to $3.5 million.
Two recent RM Sotheby’s results frame that figure. A P1 GTR (number 14) sold at the London 2025 sale for £1,310,000 with 6,698 km, and number 23 sold at Miami 2025 for $1,435,000 with 5,139 km. The Las Vegas estimate is more than double the Miami result. Neither RM lot page mentions a Lanzante conversion, so we cannot say those cars were unconverted; what we can say is that the estimate assumes the conversion, the very low mileage and the service are worth a large premium.
For a buyer the diligence list is specific: the road-conversion paperwork and registration status in the buyer’s state, the hybrid system’s service record, and what the 433 miles say about how the car was used. A track-only hypercar converted for the road is a different object from a factory road car, and the market has not yet settled what that difference is worth.
Manila customs sale: a McLaren Senna and a Ferrari SF90 on sealed bids
The Philippine Bureau of Customs will hold a sealed-bid public auction at the Port of Manila on October 30, starting at 10 a.m., with viewing for qualified bidders October 27 to 29. Starting bids are ₱86,735,913.31 for a 2021 McLaren Senna and ₱33,264,550.94 for a 2022 Ferrari SF90 Stradale. Other lots include Rolls-Royce, Bentley, Mercedes-AMG and Range Rover models. The vehicles were seized for illegal importation, misdeclaration or tax evasion, though the report does not say which reason applies to which car. We have not converted the peso figures.
The Senna is limited to 500 cars worldwide, which is why it draws collector attention, but the report gives no mileage, condition or seizure history for it. That omission matters more than the starting bid. A seized car may have spent time in storage, and as we noted in our look at what years in storage do to seized supercars, the cost of that time can be larger than the discount. A starting bid is also a floor set by the government, not an estimate of value.
U.S. Marshals sale: forfeited exotics from a federal fraud case
The U.S. Marshals Service will sell 17 vehicles forfeited by a North Texas businessman, The Drive reports, who pleaded guilty to wire fraud and aggravated identity theft. NBC 5 Dallas-Fort Worth reports a sentence of 13 years and a restitution order above $6 million, with proceeds directed according to the court order. The list includes two 2012 Lamborghini Aventadors, two 2015 Huracáns, 2016 and 2018 Ferrari 488s, three 2022 Maserati MC20s, a 2014 Dodge Viper SRT, a 1968 Pontiac Firebird and a 2021 Porsche Taycan.
What is not yet public is just as important. The Drive says the inventory sheet had not been posted and the sale date was not confirmed; Moneywise points to Apple Auctioneering and a sale beginning October 27, but that is not confirmed by the Marshals in the reporting we reviewed. No mileage, condition or estimates have been published. For collectors, the cars to watch are the three MC20s and the Viper, because a forced-seller sale with published results is one of the few clean reads on late-model exotic pricing.
What to watch
Results from Las Vegas on October 31 will show whether buyers pay up for restoration and road conversion. Our coverage of the sale’s other headline lots includes the 106-mile Ferrari F50. The Manila and Marshals sales will matter only if prices and condition details are published, and we will report them when they are.
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Shawn Henry 
Kyle Matthews