Yes, I have one. Yes, red is the only color, which is fine by me:wink Has the six spoke wheels only, but since I have the six spokes and the webs, its a direct match of my car when I'm runnin the six spokes.
Overall, good model, but spendy. Engine detail is good, but not great. The stance of the model and its paint finish are superb. The tires are rubber and were a bit chalky in appearance out of the box, but some armor all on a cotton swab fixed that in about ten seconds. I collect 1:12 scale, and it does not compare in detail or sophistication to the GMP GT40s. It is a great display model, however, and gets you that much closer to the scale of the original.
By the way, I was lucky enough the other day to find an Exoto 1:10 scale GT40 Mark II. Incredible detail, and super hard to come by.