A rare Giugiaro-designed BMW M1 built in 1981 is up for grabs and it costs no less than $965,000.

A rare Giugiaro-designed BMW M1 built in 1981 is up for grabs and it costs no less than $965,000.

BMW built only 453 units of the legendary M1, but only three of them were painted in this Polaris Silver hue. The first one was actually a prototype so it was never sold while the third was tailor made for none other than F1 supremo Bernie Ecclestone. Needless to say, this is the second car and as you can see it's in top notch condition and has been driven for just 17,500 km (10,873 miles).

One of the last M1s ever made, it has the VIN 4301424 number and is equipped with the same six-cylinder, 3.5-liter engine pushing out 277 PS (204 kW) to the wheels through a 5-speed manual gearbox. It will do 0-60 mph (0-96 km/h) in 5.5 seconds and top out at 162 mph (260 km/h), not too shabby for a car that's almost 35 years old.

It's all fun and games until you get to hear the price tag, $965,000, which sounds exaggerated, even if we are talking about a mint condition and rare M1.

Be part of something big

Mint condition 1981 BMW M1 painted in Polaris Silver on sale for a hefty $965,000