This 240 is interesting in having competed in both top level racing and rallying. In 1983 it was driven by Gregor Petersson and was one of three 240s built for the European Touring Car Championship. Being one of the first cars it was also used by Volvo Motorsport as a development car, then two years later Volvo went on to win the championship.
It was converted by Volvo Motorsport to rally spec for 1984, and in Bror Danielsson’s hands, it was the third fastest car at Rally Sweden. Only the dominant Audi Quattros went quicker. The following year, rally driver and owner of a Volvo dealership in Aberdeen David Gillanders bought the car from Volvo. It was converted to right-hand-drive and given a raft of mechanical upgrades.