Thommo's Falcon bowls into Bathurst

A car once owned by Aussie quick Jeff Thompson is tipped to fetch a colossal $1 million when it goes under the hammer next week.

The 1971 Falcon GTHO Phase III dubbed “Big Red” was purchased by the fast bowler for $23,000 more than 30 years ago.

Bought new it could be had for just over $5000.

Big Red is reported to be in very original condition, right down to the seat belts, spare tyre and carpets.

“This car broke a record for being the fastest four-door car in the world,” Thommo said.

“Since Australian car manufacturing has ceased, it seems to me that prices have kicked on and Lloyds Auctions are set to break another record.”

The day of the big auction will be a massive event in the town of Bathurst, with many Sydneysiders gearing up to make the road trip.

The car’s current owner said whoever buys the Falcon will inherit all original log books of its immaculate journey, along with photos of Jeff in his prized possession.

“This car has a soul. Everybody knows where it has been,” he said.

“You won’t find a car like ‘Big Red’, with such an undisputed history and strong chain of ownership.

“A car like this is not easy to find; it has a great history being housed with other GTs, never taken out in the wet and had a famous Australian owner. A Phase III is one thing, but a high quality one is most certainly another.”

Lloyds has a huge event planned with an impressive lineup of classics, including this GTHO Phase III which is expected to be the most expensive Australian muscle car ever to be sold.

There will be a lineup of collector cars on display alongside Lloyds Classic Car Auction with local radio stations bringing live entertainment to the event.

Free magazines, sausage sizzle, coffees and drinks will also be available as the motoring community meet the mountain for a historic event.