TULSA, OK -- A 1936 Lincoln Boat Tail Speedster, once owned by Howard Hughes, sold for $1 million Saturday at the Leake Auction at the Tulsa QuikTrip Center.
"This is a very unique vehicle and it was a privilege to auction it in Tulsa," said Richard Sevenoaks, president of Leake Auction Company. "Howard Hughes was a very complex man and this car is a reflection of its unique creator."
Hughes, best known as an aviator and film producer and director, reduced the weight of the vehicle and modified its engine to run up to 100 MPH. It was rumored Hughes did this to compete in a speed or endurance contest, or possibly to develop his version of the concept car.
The Lincoln recently completed a body off frame restoration in April 2009 and has been restored mechanically and cosmetically.
Because of the car's aerodynamic design, the car could get close to an aircraft while filming without disrupting the aircraft's natural airflow.