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491 LEGOLAND Town Formula 1 Racer thumbnail image

491 LEGOLAND Town Formula 1 Racer
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491 LEGOLAND Town Formula 1 Racer
  • Formula 1 Racer thumbnail
  • Formula 1 Racer thumbnail
  • Formula 1 Racer thumbnail
  • Formula 1 Racer thumbnail

LEGO 491 Formula 1 Racer is a vintage LEGOLAND set from 1977 valued at $149 for new and sealed sets, up 4883% from an original retail price of $2.99. Annual appreciation has averaged 4.93% since release. Used copies are valued between $38 and $50 depending on condition.

Set Value (New/Sealed)

This chart represents the current new/sealed value of the set Formula 1 Racer since June 2016. High accuracy
LEGO 491-1 Formula 1 Racer is a LEGOLAND Town set released in 1977, containing 67 pieces. The set builds a small open-wheel race car in the Town style used during the late 1970s. It was released only in the United States as a regional variant of set 695-1 Racing Car. The equivalent 695 set was distributed in Europe, the United Kingdom, Australia, and Canada.

A new and sealed Formula 1 Racer is currently valued at around $149, with annual growth of approximately 3%, which is lower than other Town sets. The average used price is $42 for those in good overall condition. Based on current trends, this set could be valued near $156 within the next year.
All regions

For Sale (New/Sealed)

 (US) eBay listing for Formula 1 Racer $144.53
-3.0%
(US) New Sealed Excellent box with slight push-in crease on front. $149.00
All regions

For Sale (Used)

 (US) Used - No box. No instructions. Otherwise complete. SParts verified via BL Set Inven... $48.00
(US) Used - all pieces and instructions $55.00
(US) Used - 5540 Formula 1 Racer 1986 Model Team w/Manual # 2191
$56.00

Related Sets

695 Racing Car

Theme LEGOLAND
Year 1976
Pieces 67
Availability Retired
695 LEGOLAND Racing Car
Retail $2.99
Value $132.69
Growth  +4337.8%
Annual growth 4.5%

Sets in LEGOLAND / Town

355 Town Center Set with Roadways

Theme / Subtheme LEGOLAND / Town
Year 1972
Pieces 336
Availability Retired
355 LEGOLAND Town Center Set with Roadways
Retail $15.50
Value $1,294.44
Growth  +8251.2%
Annual growth 8.5%

361 Tea Garden Cafe

Theme / Subtheme LEGOLAND / Town
Year 1974
Pieces 209
Availability Retired
361 LEGOLAND Town Tea Garden Cafe
Retail $2.89

354 Police Heliport

Theme / Subtheme LEGOLAND / Town
Year 1972
Pieces 168
Availability Retired
354 LEGOLAND Town Police Heliport
Retail $9.95

384 London Bus

Theme / Subtheme LEGOLAND / Town
Year 1973
Pieces 110
Availability Retired
384 LEGOLAND Town London Bus
Retail $2.95
Value $165.87
Growth  +5522.7%
Annual growth 13.8%

691 Rescue Helicopter

Theme / Subtheme LEGOLAND / Town
Year 1974
Pieces 62
Availability Retired
691 LEGOLAND Town Rescue Helicopter
Retail $0.99
Value $156.80
Growth  +15738.4%
Annual growth 5.4%

385 Jeep with Steering

Theme / Subtheme LEGOLAND / Town
Year 1976
Pieces 57
Availability Retired
385 LEGOLAND Town Jeep with Steering
Retail $2.89
Value $226.68
Growth  +7743.6%
Annual growth 6.1%

685 LEGOLAND Truck with Trailer

Theme / Subtheme LEGOLAND / Town
Year 1972
Pieces 51
Availability Retired
685 Town LEGOLAND Truck with Trailer
Retail $4.49
Value $256.84
Growth  +5620.3%
Annual growth 7.8%

371-3 Sea Plane

Theme / Subtheme LEGOLAND / Town
Year 1977
Pieces / Minifigs 47 / 2
Availability Retired
371-3 LEGOLAND Town Sea Plane
Retail $3.49
Value $312.31
Growth  +8848.7%
Annual growth 9.6%

1555-2 Sterling Airways Aircraft

Theme / Subtheme LEGOLAND / Town
Year 1978
Pieces 44
Availability Retired
1555-2 LEGOLAND Town Sterling Airways Aircraft
Retail $5.49
Value $2,738.69
Growth  +49785.1%
Annual growth 10.4%

613 Bi-plane

Theme / Subtheme LEGOLAND / Town
Year 1974
Pieces 18
Availability Retired
613 LEGOLAND Town Bi-plane
Retail $2.49
Value $113.88
Growth  +4473.5%
Annual growth 5.2%

My Collection

Formula 1 Racer Reviews

4 reviews
4.7
Collectors
Investors
Brickset
A realistic looking racer with plenty of unique parts — “This is an awesome classic vehicle set, though not big and over detailed like the others, this one has no printed parts, and still loks just like a Formula-1 Racer! The set has a spoiler and fender, as well as a cockpit, with alternate color to represent a seat. There is a... More windshield and a large detailed engine, with the rare solid stud cylinders. The engine is probably the coolest feature. This set is just plain simple and just plain cool. Now it is overly expensive due to its rarity, but the set is not lacking.”
Full review at brickset.com

About LEGOLAND Town

The LEGOLAND Town theme from 1972 to 1978 featured a series of sets that allowed builders to create bustling urban environments. Among the sets in this theme were 355 Town Center Set with Roadways, 354 Police Heliport, 361 Tea Garden Cafe, and 385 Jeep with Steering. These sets offered a diverse array of buildings, vehicles, and accessories, enabling children to construct and role-play scenes commonly found in a town setting

Town consists of 11 sets that ran from 1972 to 1978. As of today, 1555-2 Sterling Airways Aircraft is the most valuable Town set with an estimated new/factory sealed value of $2,739.
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