Proprietary and Confidential1

Shadow Race Car & Team Memorabilia Collection For Sale

A unique opportunity to own every F1 and Can-Am model created by Shadow Race Team during 1969 – 1980. The

collection includes:

• 1974 Can-Am Championship winning car

• 1976 Canada WSC Formula Libre Winner

•1977 Austrian Grand Prix Winning Car

SHADOW

Proprietary and Confidential2

Shadow Race Team Opportunity

• This document describes a unique opportunity to acquire a complete collection of 20 cars - one of every F1 and Can-Am model type car created by the Shadow Race Team.

• The collection includes the:– 1977 F1 winning car at the Austrian Grand Prix– 1976 Formula Libre/Canada WSC 200 winner– 1975 Formula 1: Five Pole Positions – 1974 Can-Am Championship Winniner

• (Pole position & fastest lap in all 1974 events)– 1973 F1 Canadian GP Winner (Disputed finish)

• The 20 cars offered for sale require an extensive restoration, (to include engines and gearboxes).

• To ensure world-class authenticity of the collection, the buyer is recommended to use the Shadow Raceteam (described herein) to restore the cars, supervised by Shadow founder, Don Nichols.

• An ideal restored collection site would be at or near arace track, a la Jim Hall’s Chaparral Museum in Midland TX,or near Laguna Seca Raceway, next door to Shadow home base

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Shadow in Can-Am

1971-1975: Early years in CanAm • The company was founded and self-funded by Don

Nichols in 1969 as Nichols Advanced Vehicle Systems.• In 1971, Universal Oil Products (UOP) funded the

team which promoted Lead Free Gas worldwide. The original cars were designed by Trevor Harris and raced under the “Team Shadow” banner.

• The first Shadow (Mk-I) was entered in the Can-Am series and driven by George Follmer and Vic Elford. The Mk-I featured an innovative design, using ultra low profile and very small wheels for low drag.

• The team won the Can-Am championship in 1974 with Jackie Oliver driving. The Championship winning car (requiring restoration) is included as part of this collection.

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Shadow in Formula 1

1973-1979 Formula One• In 1972 Nichols led the Shadow team into Formula One with UOP

sponsored cars designed by Tony Southgate. Tony designed the BRM that gave Jean-Pierre Beltoise victory at the Monaco Grand Prix the previous year.

• The team debuted in Formula One at the 1973 South African Grand Prix with the DN1 chassis. Two cars were available for drivers Jackie Oliver and George Follmer, as well as a private entry for Graham Hill who ran his car under the Embassy Hill banner.

• During 1974-1979, the cars were driven by world class drivers including Peter Revson, Clay Regazzoni, Jean-Pierre Jarier, Tom Pryce, Hans Stuck, Carlos Pace, Elio de Angelis and Alan Jones (1980 F1 World Champion).

• The Shadow team competed in 104 F1 GP races (more than all the other American teams combined). Starting from 14th grid position, Alan Jones won the 1977 Austrian Grand Prix at the Osterreichring, August 14, 1977. The winning car (restoration required) is included in this collection.

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Shadow Car Museum Collection

Museum Car Collection Itemized

Car Model: Available components Components required Restoration Cost Restored Value As-is Price ---------------------------------------------------------------------------------------------------------------------------------------------------1) Mk I, 1970 CA: MQ, original components Hewland LG500 gearbox+misc $110,000 $1,000.000 $890.000.The First Shadow car (Restoration in progress) 7L ZL1 engine plus rebuild (GB20 E25 L45 M20)

2) Mk I-3 1970 CA Complete, Running Overhaul/refresh only $ 40,000 $ 350,000 $310,000.(G Follmer/V Elford) (Restoration complete) (L25 M15)

3) Mk II, 1971 CA: MQ, drive line, WGB Engine/Coachwork/details $130,000 $ 350,000 $220,000 (C Pace P2 CA) (Restoration near coplete) *Orig. Slantback Available (GB20 E40 L50 M20)

4) DN 1 1973 F1: MQ, primary components DFV Engine/reassemble/finish $140,000 $ 350,000 $210,000 (G Follmer P3 SGP) (Restoration in progress) (E70 L35 M25 St10

5) DN2 1973 CA: Suspension/Coachwork, MQ (available in UK) $165,000 $ 280,000 $115,000 (J Oliver/D Hobbs) all original components 8L Engine, LG600 Gearbox (GB20 E50 LM70 M25)

6) DN3 1974 F1; All original components DFV/TL1/reassemble/finish $150,000 $ 450,000 $300,000.(P Revson/B Redman) Restoration near complete (E70 L50 M30)

7) DN4 1974 CA MQ, CW, Restoration kit Gearbox/Engine/wheels/misc $130,000 $ 450,000 $320,000 (A Jones SSCA) (Restoration in progress) (GB20 E50 L40 M20)

8) DN4 1974 CA Complete (Not run since restoration $ 35,000 $ 850,000 $815,000(Canada WSC 1976 Formula Libre race winner) (Recently restored) (L30 M5)

9) DN4 1974 CA MQ and all subcomponents Engine/Gearbox+misc $180,000 $1,000,000 $820,000 (CanAm Champion 1974) (Restoration in progress) (MQ Crash rebuild required) (GB20 E50 L60 M30)(4 race wins-1974 season)

10) DN5 1975 F1 All Chassis Components DFV/TL1+misc $150,000 $ 450,000 $300,000(Pole Position winner) (Restoration in progress) (GB20 E75 L45 M15)

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Shadow Cars Museum Collection

Museum Car Collection Itemized

11) DN5B 1976F1 All Chassis Components DFV/TL 1+misc $150,000 $450,000 $300,000(Pole Position winner) (Restoration in progress) GB20 E70 L45 M15

12) DN6 1975 F5K All original components Dodge engine build, $125,000 $250,000 $125,000 (J Oliver/JScheckter) Restoration near complete DG Gearbox GB25 E25 L45 M30

13) DN7 1975 F1 (Restoration in progress) Engine/gearbox require rebuild $320,000 $1,000,000 $680,000(V-12 Matra Engine Special-26 years @ Donington Museum) GB10 E250+ L30 M30

14) DN8 1977 F1 All chassis components DFV/TL rebuild+refresh $165,000 $1,000,000 $835,000(Austria GP Winner) (Restoration in progress) GB20 E70 L60 M15

15) DN9 1978 F1 All chassis components DFV/FGB rebuild+refresh $145,000 $300,000 $155,000(Stuck/Regazzoni) (Restoration in progress) GB10 E70 L45 M15

16) DN9B 1978 F1 All Chassis Components DFV/FGB rebuild+refresh $145,000 $325,000 $175,000(J Lammers) (Restoration in progress) GB10 E70 L45 M15 Pt5

17) DN9A/B 1978/9 All Chassis Components DFV/FGB rebuild+refresh $140,000 $300,000 $130,000(E de Angelis) (Restoration in progress) GB10 E70 L45 M15

18) DN11 1980 F1 Most Chassis Components DFV/FGB, rebuild+refresh $150,000 $275,000 $125,000 (Kennedy/Lees) (Restoration in Progress) E70 GB15 L45 M20

19) DN 12 1980 F1 Original MQ/misc/parts DFV/FGB+remanufacture $155,000 $250,000 $ 95,000(Lees/Johanson) (Restoration delayed) GB15 E70 L50 M20

20) FA1 Arrows All major components DFV/FGA+reassemble/finish $150,000 $250,000 $100,000(R Patrese)(P2 SGP) (Court awarded 75%) GB15 E70 L45 M20

Totals--------------------------------------------------------------------------------------------$2,905,000---------------$9,480,000----$6,475,000 *Estimated restoration costs are current estimates and based on employing the services of former Team Shadow personnel who are

the best totally qualified personnel capable of authentic period-correct performance of these tasks.\

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The Restoration Process

• The recommended restoration process for the 20 cars is anticipated to take 3 years. The process steps are as follows:– Original drawings (with oversight from Tony Southgate) will

govern the restoration process.– Each tub will be completely restored to original (as raced)

specifications.– All suspension, braking, electrical and bodywork components

will be re-manufactured to original specifications.– Engines and gearboxes will be re-manufactured to (as raced)

specifications.– Bodywork color and detailing will be at new owners discretion,

but preferably in “as raced” logo livery.

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The Shadow Restoration Team

• The following individuals are available for a three year term to organize and complete the 20 car restoration project:– Don Nichols, Restoration Project General Manager, (Shadow Team

Founder).– Tony Southgate, Advising Designer and Fabricator, (F1 Shadow Race Car

Designer).– Jim Eccles, Restoration Engineer, (original Shadow Race Team member).– Gene Lentz, Restoration Engineer, (original Shadow Race Team

member).– Bob Slade, CEO Slade Engines, Cosworth DFV engine expert.– Marc Bahner, CEO Bahner Engineering, Tub fabrication expert.

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Acquisition cost & terms

• The sale price for the 20 cars and Team Memorabilia is $6.5 million. • The restoration cost for the 20 cars is estimated at $2.9 million.• The ideal acquirer would house the restored collection at or near a major

racetrack, ideally Laguna Seca, Monterey, CA. For an example, see Jim Hall’s Chaparral Museum in Midland Texas, see: http://www.petroleummuseum.org/Chaparral/Exhibits.html.

• Contact: MYVRL.Com. Attention: Shadow Memorial Museum Group

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Shadow Car Collection 1969 thru 1980

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1969 Shadow Mk I-1 Can Am

First Shadow Can Am Series car was the literally “knee-high” 1969 model Shadow MkI designed by Trevor Harris.

More than one year was spent in thecompletion and development of the initial chassis.

Primary effort was the development of the chassis and primary subsystems of powertrain and suspension utilizingultra-low profile tires for minimal frontal area.

First test drivers were Hiroshi Kazato,George Follmer and Parnelli Jones

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1970 Mk I Can Am Am

• Chassis Number: 70-2• Designer: Trevor Harris• Driver: George Follmer• 1970 Can Am Races:

-Mosport: Qualified 6th, Finished 20th (overheating) -(Water Radiator modified to

enclosure inside rear wing)-St. Jovite: Qualified 10th,

finished 17th (overheating)

• First Shadow car raced• Early small diameter tire design • Restorable to original Harris concept

(or interim versions).

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1970 Mk I Can Am

• Shadow Mk I-3• Designer Trevor Harris

Mods by Jim Mederer

• Driver Vic Elford

• Tested & Entered 1970 Mid- Ohio race, retired and did not finish.

• This concluded Mk I series development.Reorganization of team for the1971 season

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1971 Mk II Can Am

• Driver: Jackie Oliver• Designer: Peter Bryant• Chassis Number: 71-3 (spare)

Shadow MkII’s entered 8 of 10 Scheduled races.

Qualified in the first three rows in4 races, in the first two rows in 2races, in the first row in 1 race!

Best finish: 2nd Overall at theMolson Can Am in Edmonton, Alberta

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1972 Mk III Can Am

• Chassis Number: 72-2• Designer: Peter Bryant• Drivers: Jackie Oliver, Carlos

Pace, Bobby Allison• 1972 Can Am Races:

Three 2nd-row qualificationsOliver finished 2nd in 3 races

Mid Ohio, Donnybrooke and Long Beach GP

Pace finished 4th in CanadaAllison: DNQ (gearbox)

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1973 DN1 Formula1

• Chassis Number: DN1-2A• Designer: Tony Southgate• Driver: George Follmer• 1973 Formula 1 Races:

Afrika (Kyalami)-------6th

Spain (Barcelona)----3d

– Afrika was Follmer’s first ever Grand Prix race and in his second race he ran 2nd behind Fittipaldi (Lotus) and ahead of Ickx (Ferrari) until late in the race when he was passed by Cevert (Tyrell).

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1973 DN2 Can Am

• Chassis Number: DN2-2A• Designer: Tony Southgate• Drivers: Jackie Oliver,

James Hunt, Bobby Allison, David Hobbs

• 1973 Can Am Races: – Driven by James Hunt at

Elkhart Lake (DNF heatstroke--evacuated)

– Driven by David Hobbs at Laguna Seca (Crashed during qualifying)

_ Oliver ( Crashed at Long Beach on 3d lap)

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1974 DN3 Formula 1

• Chassis Number: DN3-4A• Designer: Tony Southgate• Driver: Tom Pryce• 1974 Formula 1 Races:

– Pryce crashed in practicefor the Austria GP. Changed to DN3-5

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1974 DN4 Can Am

• Chassis Number: DN4-1A• Designer: Tony Southgate• Drivers: Jackie Oliver and George

Follmer

• 1974 Can Am Races: – Mosport– Road Atlanta– Watkins Glen– Mid Ohio– Elkhart Lake

• Fastest qualifier at all races• Won the 1974 Can Am Series

Championship

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1974 DN4 Can Am

• Chassis Number: DN4-4A• Designer: Tony Southgate• Driver: Jackie Oliver • Spare car for 1974 Can Am

Series

• Winner: 1976 World Sports Car Race, Mosport, Canada– Led all laps, fastest lap,

pole position at the Players 200 versus all Group 7 and FIA Group 6 WSC cars

Proprietary and Confidential21

1974 DN4 Can Am

• Chassis Number: DN4-5A• Designer: Tony Southgate• Driver: Randy Lewis and

Alan Jones• Spare car for 1974 Can Am Series• Used during “SCCA Citicorp

Can Am” Challenge” in 1977• Race Results: (Lewis)

Canada: Q-6th retired (electrical)Laguna: Q-2nd (crashed 2 DN4’s

in an attempt to qualify in 1st!)Mosport: (Jones) qualified 9th and retired with gearbox failure.

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1975 DN5 Formula 1

• Chassis Number: DN5-6• Designer: Tony Southgate• Driver: Tom Pryce• 1975 Formula 1 Races:

- Pole position in British GP 1975. Led the race until Lap 20, and crashed in the rain, (after which his team mate J-P Jarier, led the race until Lap 24, at which time he also crashed in the rain).

• Shadow DN5 cars won 5 Pole Positions: Argentina GP, Brazil GP, Brands Hatch ROC, Dijon Swiss GP, and the British GP during the 1975 F1 racing season.

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1975 DN6 Formula 5000

• Chassis Number: DN6-3A

• Designer: Tony Southgate

• Drivers: Jackie Oliver, Jody Scheckter, Tom Pryce

• 1975 F5000 Races: Jackie Oliver Plus!– Riverside (Jody Scheckter)– Watkins Glen (J-P Jarier)– Long Beach (Tom Pryce)

• Concours de Elegance:Winner: 1975 Long Beach GP

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1975 DN7 Formula 1

• Chassis Number: DN7-1A• Designer: Tony Southgate• Engine: Matra V-12• Driver: J-P Jarier• 1975 Formula 1 GP Events

Austrian Grand PrixItalian Grand PrixUnited States Grand PrixQualified 3rd at 1975 USAGrand Prix Race

On display at the DoningtonMuseum for 26 years (now inthe USA under restoration.

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1976 DN5B Formula 1

• Chassis Number: DN5-8A/DN5-3B• Designer: Tony Southgate/ Dave Wass• Drivers: Tom Pryce/J-P Jarier

• Ran in 1976 development mode in Brazil GP:Qualified 12th and finished 3rd!

• Development work for the future DN8 design continued throughout the 1976 season and in conformance with FIA rules changes after the South Afrika GP 1976 as well as Carnet duPassage laws in the USA the chassis platewas changed to DN5-3B.

DN5-3B was assigned to JP Jarier as his “Tcar” for development testing and race event practice for Monaco, Belgium and Holland,then to Tom Pryce for the remainder of the season at Germany and Austria.

The intensive work involved with this chassis was instrumental in confirming the design for the future successful DN8 design. The numberplate on this car remains DN5-3B.

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1976 Formula 5000 DN6B

•Designer: Tony Southgate•Driver: Jackie Oliver

Intermittent racing program without major sponsor (Engines only from

Chrysler)

Mosport: Pole Position: Led race until last lap (balked by “back-marker”)

finished 2nd!

Road America: Won the race!

Mid-Ohio: Finished 2nd!

Riverside: Started 2nd and Finished 2nd!

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1977 DN8 Formula 1

• Chassis Number: DN8-4D• Designer: Tony Southgate/

David Wass• Drivers: Alan Jones• 1978 Formula 1 Races:

6th Monaco5th Belgium7th Germany1st Austria3rd Italy4th Canada4th Japan

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1978 DN9 Formula 1

• Chassis Number: DN9-1A• Designer: Tony Southgate• Driver: Hans Stuck• 1978 Formula 1 Races:

– First Race: Daily Express Trophy at Silverstone. Without prior testing led the race in the rain until engine misfire resulted in retirement.

– Best Finish: 5th Overall in 1978 British Grand Prix

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1978 DN9 Formula 1

• Chassis Number: DN9-2A• Designer: Tony Southgate• Driver: Clay Reggazoni(Destroyer: Mario Andretti)

History:Since Danny Ongais’ pristine black DN9 had “never turned a wheel” and Danny was not due in England until Monday, Reggazoni insisted on “breaking it in for him” at the Daily Express Trophy Race at SilverstoneThe team reluctantly agreed. Clay started the race but later parked OFF the circuit and walked back to the pit areaLater, Mario Andretti arrived (also walking) with profuse apologies for “T-boning: DN9-2A with his spun off Lotus – destroying both cars!

Danny arrived on Monday to see Clay’s new white car being sprayed black for his future use!

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1978 Arrows FA1 Formula 1

• Chassis Number: FA1-2• Designer: Tony Southgate• Driver: Riccardo Patrese• Arrows FA1 equipment was

transferred to Shadow percourt liquidation order.(Arrows design was a copy of the Shadow DN9)

• Best finish was 2nd at 1978 Swedish GP

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1979 DN9B Formula 1

• Chassis Number DN9-1B• Designer: Tony Southgate• Driver: Elio de Angelis

In 1979 Formula 1 racesDe Angelis finished 7th inboth Argentina and USA West (Long Beach) and 4thin USA East (Watkins Glen)

He too, suffered from thetire supply restrictions.

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1979 DN9B Formula 1

• Chassis Number: DN9-4B• Designer: Tony Southgate• Drivers: Jan Lammers• Entered all 1979 F1 races• Tire Rationing Program

Goodyear as sole GP tire supplierexercised severe rationing program.Only one drive in each team wasprovided limited quantities of tires.Lammers, as most junior driver in F1in 1979 suffered the greatest

Proprietary and Confidential33

1980 DN11 Formula 1

• Chassis Number: DN11-2A• Designers: John Gentry, Vic

Morris, Richard Owen• Driver: Geoff Lees• 1980 Formula 1 Races

– Best finish was 13th in South Afrika Grand Prix

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1980 DN12 Formula 1

• Chassis Number: DN12-1• Designers: Vic Morris,

Richard Owen• Drivers: David Kennedy,

Geoff Lees• 1980 Formula 1 Races

– Best finish was 10th in Spanish Grand Prix

Proprietary and Confidential35

Shadow Race Cars

Shadow race cars are welcomed at all major vintage racing eventsThe above picture of the Shadow DN5 F1 featured on the

2010 Monaco Historics Admission Tickets

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2009 Goodwood Festival of Speed