John Harvey's 1977 Holden LX Torana for sale, expected to fetch $1 million

A 1977 Holden LX Torana driven by renowned race car driver John Harvey during the 1977-79 Australian Touring Car Championship is up for auction this Saturday, November 28.

Lloyds Auctions chief operations officer Lee Hames said it was arguably one of the most important pieces of Australian Motor Racing History to go under the hammer in some time.

"This car is presented in the correct HTD Marlboro livery bearing #76 and running as good as the old days thundering around the tracks," Mr Hames said.

The 1977 Holden LX Torana was published online a few weeks ago with Lloyds confirming both national and international enquiry has been very strong, with current bidding online already pushing $700,000 with three days to go until auction day on Saturday.

"Who knows what this car could end up selling for, I wouldn't be surprised if it sells for $2 million," Mr Hames said.

"The significance and provenance of this car is paramount to Australian history and is something that is very special and extremely rare, there is no other like this car, it is one of one driven by legendary race car driver John Harvey."

The Torana was the most successful Australian Touring Car ever to be released by GMH, its achievements in the 1978 season have been unmatched or unrivaled by any other Australian Motor Car. It created history as the first truly homologated car built purposely for motor racing and being the most successful by far.

This car includes a multitude of racing equipment including the spare tyres required for racing, John Harvey's worn jacket, boots, helmet, trophies, racing records and a huge array of other memorabilia items.

The current custodian of the vehicle purchased the car in 2002 and has had an association with John Harvey since 1999.

Bidding for this race car along with many other iconic classics is open at with the auction ending on Saturday from 7pm AEDT time.