The amount collectors are willing to pay for 1980s and 1990s fast Fords continues to peak, with yet another Sierra RS500 Cosworth estimated to sell for more than £100,000 at auction.
The 1987 model – number 38 out of 500 built – is the second souped-up Sierra expected to break the £100,000 mark in as little as two months after another sold for £112,500 in May.
The car has an incredibly low 10,840 miles on the clock and has been kept in the same family since 1988. It’s now being offered by the original owner’s wife – who the car is registered to after his death – who wants to use the funds to purchase a retirement bungalow.
How much is this Cos-worth? This 1987 Ford Sierra RS500 Cosworth – number 38 of 500 built – is going under the hammer in July and is expected to sell for around £105,000
It’s not the only Ford that is pitched to achieve an astronomical fee – a 1994 Escort RS Cosworth is also being tipped to go for £60,000 at an auction at the Silverstone race circuit from 21 to 22 July.
The Sierra Cosworth RS500’s reputation has cemented it in the eyes of many as the hottest and most iconic of all fast Fords.
In recent years the demand for them has gone into a different stratosphere, with auction figures reaching uncharted heights as collectors scramble to get their hands on the best examples that have managed to avoid the scrapheap.
The record fee paid for an RS500 Cossie currently sits at £114,750 (excluding auction fees) for an example that changed hands last year.
Another example – chassis 451 with just 12,000 miles on the clock – came within a whisker of that at a Silverstone Auctions sale in May.
It was offered alongside the first of the limited edition cars, chassis 001, which didn’t reach an accepted figure – though if it had would have undoubtedly set a new record if it had sold.
The current record fee paid for a Ford Sierra RS500 Cosworth at auction is £114,750, so this low-mileage example could come close
This 1987 Ford Sierra RS500 Cosworth has been in the same family’s ownership since 1988. The car was left to the keeper’s wife when he died. She is now selling it to fund the purchase of a retirement bungalow
The Ford Sierra RS500 Cosworth in question has an incredibly low 10,840 miles on the clock and is totally original, even under the bonnet
Ford Sierra Cosworth RS500: A brief history
The Ford Sierra Cosworth RS500 for created so that highly-strung versions could be used for racing in series like the British Touring Car Championship
The Ford Sierra Cosworth RS500 uses a specially-built 2.0-litre turbocharged Cosworth engine producing 224bhp – which could be upped to 400bhp when modified for competition.
The car maker needed to produce at least 500 examples for road and race use in order to qualify to run in Touring Car series’ and other championships that used road-going models.
These cars featured numerous aerodynamic enhancements that have since become a thing of legend among collectors.
That includes the 30mm lip spoiler applied to the tailgate to increase downforce, sweeping front splitter, and larger cooling ducts for both the brakes and the engine intercooler.
The cars were exclusively available through 90 nominated RS specialist dealers and went on sale in Britain on August 1st, 1987 at a price of £19,950.
The Cosworth RS500 went on to become a popular model among race teams, dominating the paddocks of touring car championships
The car up for auction is one of 392 models finished in black (like the most expensive version sold on record), which was the intention for all 500 built by Aston Martin in Tickford before the decision was made to create 56 white examples and 52 in Moonstone Blue.
It was first registered on the 26th August 1987 and purchased by farmer Mr R Wagstaff on the 19th February 1988 to compliment the 1987 Ford Escort RS Turbo he already had.
This is one of 392 Ford Sierra RS500 Cosworth models finished in black and is a pristine example of a fast Ford classic
The interior hasn’t been modified and shows signs of being kept in storage for a long period. It will have a service, MOT and thorough clean ahead of the sale in July, Silverstone Auctions says
The car was briefly registered in his brother-in-law’s name in 1993 and then returned to the ownership of his widow in 1994.
Silverstone Auctions, which is yet again responsible for offering one of these cars to the market – says it has been ‘used sparingly by the family’ and comes complete with service stamps verifying the 10,817 mile recorded during its last service in May 2010.
The car will be fully serviced and MoT’d before the sale, as well as professionally detailed.
Ultra rare Ford Escort RS Cosworth could also sell for £60,000
This 1994 Ford Escort RS Cosworth Motorsport Edition, of which only a handful were ever made, is also going under the hammer at the same sale on July 21-22
And it’s not the only period fast Ford being tabled by the auction house in July.
A left-hand drive 1994 Ford Escort RS Cosworth Motorsport Edition, number 19 of a handful ever built, will go under the hammer at the same sale.
The Ash Black example was delivered new to the Nespoli Collection in Italy and has changed hands just once in 24 years before being returned to its original home.
It is a left-hand-drive version that was first delivered to Italy. It has been part of the Nespoli Collection almost ever since
The car is meticulously clean and original inside. Very few examples of this extremely limited edition model will come to market
Motorsport Edition models were hardened versions of the standard Escort Cossie – that means it has no sunroof and is fitted with OZ racing wheels.
While electric windows and air conditioning wasn’t a standard feature on these limited edition cars, this one has both.
What also makes it highly desirable is the low mileage. The odomoter currently reads just over 9,600 kilometres (5,965 miles) and it remains in astoundingly good condition.
The current record for an Escort RS Cosworth is £91,000 set last November.
This one is estimated to achieve between £54,000 and £60,000, so we don’t expect it to take the mantle as the most expensive of all time.
The Motorsport Edition came with these highly desirable OZ alloy wheels and no sunroof. They were also sold without electric windows and air-con to save weight, though this one was ordered to have both features
Maximum power produced by the 2.0-litre turbocharged Cosworth engine was 227hp for roadgoing examples. This Ford Escort RS Cosworth Motorsport Edition has covered just 6,000 miles so should retain most of its original power output