via BCNN1:

How much would you pay to own the world’s oldest Porsche?

Auto valuation experts believe some enthusiastic soul with deep pockets will fork over $20 million for the antique collectible known as the Type 64 #3.

If it happens, it would be the most expensive Porsche purchase in world history, according to Road and Track.

The one-of-a-kind antique Porsche is scheduled to be auctioned RM Sotheby’s in August during the 2019 Monterey Car Week in Monterey, California.

Designed for racing, the Type 64 sports car actually predates the creation of the inaugural Porsche 356 and the Porsche brand as a company by almost a decade.

It’s currently owned by Porsche enthusiast and author Dr. Thomas Gruber of Vienna, Austria.

Porsche engineer and founder Ferdinand Porsche’s son, Ferry Porsche, originally came up with the idea for the Type 64 in 1939, but completed its design in 1940, according to Road and Track.

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