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'This could possibly be the most sought after and collectible Brock Holden Dealer Team car ever built,' auctioneers Grays said.
Bidding for the car rose from a modest $3,759 less than a week ago before hitting $1million late on Monday with the final price of $1,057,509 when the auction closed on Tuesday night.
The V8 Commodore has travelled just over 77,000 kilometres and features a 4.9 litre engine paired to a manual gearbox.
The vintage car's engine is pictured; it was later sold to a family who drove it only on special occasions before putting it up for sale
An advert for Brocks' Commodore is pictured. His V8 Commodore has travelled just over 77,000 kilometres and features a 4.9 litre engine paired to a manual gearbox