A Necessity-Driven Innovation
In the prelude to the 1964 Pontiac Tempest’s release, a pivotal moment unfolded. John Z. DeLorean, a key figure at General Motors, assembled a team of engineers at GM’s Milford Proving Ground. Their mission: to test a Tempest housing Pontiac’s largest production engine, a robust 389 cubic-inch V8. What they witnessed was a Tempest that effortlessly spun its rear tires, exuding raw power and potential. At that very moment, the Pontiac GTO, though unnamed, came into existence.
The Challenge of Curtailing Motorsports Involvement
The genesis of the Pontiac GTO was rooted in necessity and, to some extent, desperation. A directive had been issued by GM executives, mandating an immediate halt to all motorsports-related advertising. This decision stemmed from a 1957 agreement between American automakers, including GM, to cease motorsports involvement in the aftermath of a tragic incident at the 1955 24 Hours of Le Mans. The Automobile Manufacturers Association (AMA) had entered into this pact with hopes of averting government intervention. Despite the agreement, many manufacturers continued clandestine motorsports participation. However, GM’s market dominance, holding 55 percent of the US new-car market in 1963, made the company cautious about attracting federal antitrust attention. Hence, GM executives terminated all racing activities, whether overt or covert.
A Youthful Solution – The Factory Hot Rod
Pontiac, renowned for its motorsport-oriented advertising, needed an alternative strategy to captivate the youth market. John Z. DeLorean, the mastermind behind the GTO, conceived the idea of a factory hot rod. DeLorean and his team of engineers transplanted a 389 cubic-inch V8 into the mid-size Tempest and headed to the test track. The result was a potent and exhilarating combination, perfectly poised to entice younger buyers.
Pitching the GTO Concept
DeLorean presented his brainchild, the Pontiac GTO, to Pontiac’s general manager at the time, Pete Estes. The proposal was for the GTO to be offered as an optional trim package for the Tempest. DeLorean’s ingenious approach to circumvent GM’s cubic inch limitation on mid-size passenger cars was by considering this as an exception for optional trim packages. Pete Estes set an initial production target of 5,000 units. Astonishingly, the 1964 Pontiac GTO shattered expectations, with sales exceeding 32,000 units.
A Rare Gem Emerges
Our featured 1964 Pontiac GTO has undergone a meticulous frame-off restoration, restoring it to factory specifications while adding air conditioning. This rare specimen is one of approximately 1,500 GTO convertibles equipped with the optional Tri-Power induction featuring triple two-barrel carburetors. Powering the GTO is a Muncie four-speed wide-ratio manual gearbox. Finished in Grenadier Red with a white vinyl power convertible top, it boasts a black interior. The car features a center console, Vintage Air, Saf-T-Trak rear differential, power brakes, PMD wheels fitted with redline tires, including a redline spare. The sale includes Pontiac Historic Society documentation.
Auction at Indy Fall Special
This exceptional Pontiac GTO will grace the Mecum Auctions stage at their Indy Fall Special event, scheduled for October 5th through the 7th. Don’t miss the opportunity to witness this automotive legend go under the hammer.