The president of Galpin Auto Sports, the Los Angeles based car dealer and tuner, Beau Boeckmann (whom you may recognize from his role on MTV’s Pimp My Ride), used the Pebble Beach concours festivities to announce that GAS will be putting their Ford GT based GTR1 supercar into limited production next year at a starting price of just over one million dollars. Boeckman says that the venture will be profitable if they sell six GTR1s and that production will be capped at two dozen, limited by the short life prototype tooling used to make it.

Automotive News reports that Galpin’s Boeckman is optimistic about its prospects. “There is a market for a car like this,” said Boeckmann, scion of the family that owns Galpin Motors, one of the largest privately held dealer groups in the United States, including the world’s largest Ford dealership. “It’s amazing how many million-dollar car purchases there are. I know several customers who will be interested in buying one.” (Read More…)