Paul Newman racing suit and helmet to auction for $70,000

A rare racing suit and helmet worn by actor and driver Paul Newman will sell at Antiquorum Auctioneers on April 9 in New York.

In the early 1980s, Paul Newman co-founded the Newman/Hass racing team to compete in the IndyCar Series

Newman (1925-2008) is well known for his roles in The Hustler and Butch Cassidy and the Sundance Kid, and is a familiar name among racing enthusiasts as he dedicated much of his life to the sport, co-founding the Newman/Haas team.

His iconic status, contribution to motoring and enduring philanthropy has made his memorabilia highly collectible, yet few items have appeared at auction in recent years.

The Nomex racing suit was used by Newman in the early 1980s, and is accompanied by a photograph of him wearing it, along with a letter of provenance from Phil Avanzato from Newman-Sharp Racing.

Paul Fraser Collectibles has a fantastic racing jacket from Paul Newman for sale, which is also accompanied by photo provenance and displays Newman's famous sponsorship from Datsun, as well as his name embroidered on the chest.

Competing for attention in the sale will be a pair of dashboard timers used in 1971 cult film Le Mans starring Steve McQueen, Paul Newman's chief rival. A rare find, the two chronograph timers are valued at $30,000-50,000.

Memorabilia from the film is hugely popular among racing enthusiasts. In 2011, Steve McQueen's racing suit worn in Le Mans sold for $984,000, while the Tag Heuer Monaco watch seen in the film made $799,500 in 2012.

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