Race car driver Tim Farrell’s Porsche is craned onto the penthouse at ONE Burleigh ahead of the Gold Coast 500 2026 A Gold Coast developer has dangled a $500,000 race car 19 storeys above Burleigh Beach in a bid to bait wealthy GC500 revheads. Queensland driver Tim Farrell’s Porsche GT3 Cup Car was craned from the ground to the rooftop of the under-construction ONE Burleigh luxury tower ahead of the city’s biggest motorsport event. Developer MAYD, headed up by Todd Mould, teamed up with McElrea Racing for the sky-high spectacle to mark the “topping out” of the beachfront development on The Esplanade. The project made waves in the prestige market after securing a then-record $30m off-the-plan penthouse sale earlier this year. Developers reaching new heights to catch the eye of wealthy buyers Farrell said the high-octane display aimed to capture the attention — and wallets — of the ultra-wealthy descending on the city for race weekend. “[Todd’s] in the business of selling luxury apartments, so I guess car racing guys have usually got a fair bit of cash,” he said. The stunt follows a similar eye-catcher during last year’s GC500, when Frank Developments hoisted Brett Boulton’s Porsche ...
Gold Coast developer cranes Porsche 19 storeys over Burleigh ahead of GC500
1 week ago
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