This Is What a $115,000 MGA Looks Like

What is the most that has ever been paid for an MGA? $25,000? $50,000?

Try $115,000.

That's how much this 1961 MGA Outlaw sold for as part of the Petersen Museum's 26th Annual Gala Celebration. Of course, all that cash is going to good use, as the funds go towards the Hammertime education programs that support both vocational training and internships.

This year's gala was a totally virtual event, but that didn't stop the Petersen from raising $1.2 million.

The MGA in question was originally donated in 2011, where it was restored by the museum's in-house technicians over five years. During that time, the MGA received many modifications that included an over-bored inline-four, a Weber side-draft carburetor and a stainless steel exhaust.

It's also worth mentioning that at $115,000, this MGA sold for "$35,000 more than the second highest-selling MGA on Bring a Trailer."

Read the full release below:

LOS ANGELES (Oct. 1, 2020) – This past Saturday on Sept. 26, 2020, the museum hosted its virtual 26th Annual Gala Celebration. During the virtual event, the museum raised a record net $1.2 million. During the festivities, the museum teased three new exhibits set to launch in October, including a new supercar display with more than 30 cars, chronicling the rise of the supercar across automotive history. The event also featured a live auction in which a 1961 MGA Outlaw restored by the museum broke records and became the highest-selling MGA in history. The proceeds generated from the sale of this vehicle and the other auction lots benefit its exhibits and the Hammertime education programs, which includes The Bruce Meyer Automotive Scholarship, which supports vocational training and internships.
 
“Our 26th Annual Gala Celebration was our most successful gala to date,” said Petersen Automotive Museum Executive Director Terry L. Karges. “Each year, the gala is our largest fundraising event. The pivot to a virtual event posed some challenges, but the ongoing support from our donors, community, and our partners made it all possible. The proceeds generated will help us continue our work educating students and inspiring the next generation of car enthusiasts through The Petersen Automotive Museum Foundation and the Hammertime Global Education Initiative.”
 
The 1961 MGA roadster was donated to the Petersen in 2011; it has since been restored by the museum’s in-house team of technicians over the last five years. The car is finished in black over red leather and is powered by a rebuilt and over-bored 1,622cc inline-four-cylinder engine. Modifications include an MGB cylinder head, Weber side-draft carburetor, performance camshaft, stainless steel exhaust system, and oversized pistons. The car is also equipped with a four-speed manual gearbox, Sebring-style windscreen, chromed wire wheels, front disc brakes, and Jaeger instrumentation. The car sold for $115,000 — $35,000 more than the second highest-selling MGA on Bring a Trailer.
 
“Digital programs for remote learning have become more important than ever,” said Petersen Automotive Museum Board Member Michael Armand Hammer. “The Hammertime Global Education Initiative allows us to teach kids about the history and future of the automobile in a compelling and easily accessible way. We’re grateful for the funds generated through this year’s gala, and we can’t wait to continue sharing our passion with students around the world.”
 
The Petersen Automotive Museum’s 26th Annual Gala Celebration was an entirely digital experience for ticket holders. Highlights of the evening included an exclusive walkthrough of yet-to-launch exhibits, a live auction, and car memories from automotive celebrities.
 
For more information about the Petersen Automotive Museum and its exhibits, visit Petersen.org.

Join Free Join our community to easily find more MG, MGA and Petersen Automotive Museum news.
Comments
View comments on the CMS forums
wspohn
wspohn Dork
10/9/20 11:52 a.m.

Nice but quite unoriginal car - it wouldn't have brought anywhere near that at a non-charity auction, but it does focus attention on one of the more attractive classics (disclosure - I have owned a lot of these cars and still have three of them).

Our Preferred Partners
BBqVc09ADo2NSK2rYc0d1flW6Ykj2g21Ugbo8qGXEmAj3O3bAK0r2jyeuOTf4R9M