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Famous 'Grease' car signed by Olivia Newton-John is up for auction

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A Hollywood souvenir with a new meaning.

One of thefamous cars from the movie "Grease"will be auctioned at the Mecum Auctions event on August 20th in Monterey, CA.

Black Known as the "Hell's Chariot", the Custom 1949 Mercury is one of the movie's most iconic scenes, a villain against Danny's Co's "Greesed Lightning" down the culvert of the Los Angeles River. Auctioned by Crater Face.

This vehicle was manufactured by legendary movie car designer Eddie Paul. Eddie Paul chopped the top of the Mercury Coupe to create a classic flame-threatening hot rod. A set of razor hubcaps used to tear Prince Zuko's Ford during the race.

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Hell's Chariot was built from a 1949 Mercury coupe.

The Hell Tank was made from the 1949 Mercury Coupe. (Mecum Auctions)

This car became obscure after later appearing in the movies "Street of Fire" and "Used Cars" ..

The value of Tim Allen's old custom Cadillac is:

The car has been fully restored.

The car has been completely restored. (Mecum Auctions)

About 10 years ago, Dave, the current owner, was rediscovered in a worn and weathered condition at a Huntington Beach car store. Purchased. DeSure authenticated by Paul and restored to its on-screen appearance.

The vehicle appears as it did in the film.

The vehicle looks like a movie. (Mecum Auctions)

This car has since been used in several advertising campaigns and was featured in the opening sequence of "Grease Live!". At Fox in 2016.

Olivia Newton-John was paraded through Las Vegas in it on the way to her 2014 residency at the Flamingo hotel.

At the Flamingo Hotel where Olivia Newton-John was paraded I passed through Las Vegas on my way to her 2014 stay. (David Becker / WireImage)

Before that, "Grease" star Olivia Newton-John passed through Las Vegas and paraded to the opening night event. Flamingo Hotel.

Newton-John and "Grease" director Randal Kleiser autographed the dashboard.

Newton John and Randal Kleiser, director of "Grease" Autographed dashboard. (Mecum Auctions)

Newton John signed the car with Randal Kleiser's signature on the dashboard.

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CarMecum a few months before Newton John's death Entrusted to the event On August 8th, pre-auction estimates ranged from $ 600,000 to $ 750,000.

Gary Gastelu is a car editor at FoxNews.com, covering the car industry and racing @foxnewsautos