Ford brought back the GT for another generation for 2016, celebrating once again the iconic racecars that took the fight to Le Mans in the 1960s. Whether you call the latest iteration the second or third gen, nobody can argue against the wild values that buyers can now expect when they flip the angular, aggressive supercars—following the expiration of Ford's famous no-flip clause that led to many lawsuits, including one against wrestler-turned-actor John Cena. Somehow, the figures just seem to continue increasing, as proven by a Ford GT Heritage Edition finished in Gulf-inspired livery currently listed on the auction website Bring a Trailer with bidding already sitting at $1.2 million with nine days remaining until the final gavel.

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Heritage Blue Gulf Livery With The Heritage Roundel Graphics Package

46 Mile Ford GT Heritage Edition 2
via Bring a Trailer

The car wears not only the light blue and orange stripes hearkening back to the iconic Gulf livery designs of old, but also the Heritage Roundel Graphics Package that largely adds the silhouetted number nine on the doors and front hood for a cool $20,000. Additional goodies include Equipment Group 500A, which cost $100,000 on its own, as well as $1,500 for six-point harness anchors (all on top of the GT's base starting price of $491,500 for the 2019 model year).

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A Twin-Turbo V6 In Place Of A Supercharged V8

46 Mile Ford GT Heritage Edition 3
via Bring a Trailer

Mounted amidships, a twin-turbocharged 3.5-liter V6 similar to the EcoBoost powering the F-150 Raptor lurks beneath carbon-fiber trim and pumps 647 hp and 550 lb-ft of torque to the rear wheels through a seven-speed dual-clutch automatic built by Getrag. Fans of the original GT40 racecars and the mid-2000s reboot may lament the lack of a V8 (not to mention a supercharger or stick shift) but the new GT proved its modern capabilities by winning Le Mans exactly 50 years after the GT40's first-place podium finish in 1966.

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Carbon Fiber Everything Right Down To The Paddle Shifters

46 Mile Ford GT Heritage Edition 4
via Bring a Trailer

On the interior, the Heritage theme continues in modern materials, notably carbon fiber used for just about everything, right down to the paddle shifter controlling that dual-clutch gearbox. Alcantara adorns just about every other surface, stitched in place by orange and blue threads. One surprising addition—given the odometer reading of only 46 miles, making this essentially a brand-new, museum-ready collector's piece—comes in the form of an aftermarket titanium exhaust system installed in 2019, though the original comes with the auction. All that remains to be seen is whether bidding will continue flying straight into the stratosphere.

Sources: bringatrailer.com and ford.com.