A 250mph Porsche racing car is now road legal and up for a reported £1million.

A classic Porsche racing car that previously saw action at the historic Le Mans circuit has been converted for road use and could fetch up to £1million at auction.

The German-built Porsche 962 took part in the classic 24 hour Le Mans endurance race in the 1980s but has now been fitted with a passenger seat, a handbrake and indicators to make it street-legal.

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But it could prove a bit expensive to run, because when performing at full race pace the car drinks petrol by the bucketload – managing just five miles to the gallon.

The racer comes with spares, including two front sections, an alternative “short tail” and extra sets of wheels and tyres.

The car took part in the FIA World Sports Prototype Championship and FIA World Challenge and notched up several wins including one at the notorious Nurburgring circuit in Germany.

At the 1988 24 Hours of Le Mans, the car was among eight of the German-built racers that made up the final top ten finishers.

Perhaps most famously, the classic racer was driven by Derek Bell at both the Le Mans Classic in 2012 and the Goodwood Members’ Meeting in 2015. 

Bell’s outing at Le Mans Classic in 2012 was the first time that he’d been behind the wheel of a 962 in twenty years. 

Following the race, he said: “I’m staggered at how well the car went in the race… It was great to drive a Group C again and, yes, I really enjoyed it.”