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1999 Mercedes CLK GTR goes for $1.1 million

This super-rare Mercedes racecar has 700 horsepower and is actually street legal.

From the track to the street

mercedes clk gtr front 2

Mercedes reverse engineered the street version. It built the racecar first and then brought it up to real-world road standards.

According to RM Auctions, the company that sold the car in Pebble Beach, California, the Mercedes-Benz CLK GTR is one of the rarest sports racing cars ever produced.

- Last updated September 18 2012 12:29 PM ET