According to the BMW Group, this 507 is “one of the most spectacular classic-car discoveries of recent times”.
This 507 was driven by Elvis Presley during his military service in Germany.
He took delivery on December 20, 1958.
The car disappeared for nearly 50 years before it was discovered and the 2 year restoration process began.
BMW will present this rare classic at the Concours d’Elegance in Pebble Beach later this month.