Internationale de Motocyclisme (FIM) deeming that it was not classified as a production machine as it had two overhead camshafts. Hailwood enjoyed great success at the Isle of Man TT. By 1967, he had won 12 times on the island mountain course. He won what many historians consider to be the most dramatic Isle of Man race of all time, the 1967 Senior TT against his great rival, Giacomo Agostini. In that race he set a lap record of on the Honda RC181, that stood for the next eight years. After suffering breakdowns in 1967, Hailwood had intended to re-sign for Honda provided the 1968 machinery was to his satisfaction, and had relocated to South Africa where he started a building business with former motorcycle Grand Prix rider Frank Perris, completing their first house in October 1967, also selling one to ex-racer Jim Redman. Hailwood stated to Motorcycle Mechanics that even without suitable machinery from Honda he would not go elsewhere, preferring to retire prematurely and he would in any case finish at the end of the 1968 season. For 1968, Honda pulled out of Grand Prix racing, but paid Hailwood £50,000 (equivalent to over £870,000 at 2020 prices) not to ride for another team, in expectation of keeping him as its rider upon return to competition. Hailwood continued to ride Hondas during 1968 and 1969 in selected race meetings without World Championship status including European events in the Temporada Romagnola (Adriatic Season of street-circuits), sometimes wearing an unfamiliar plain-silver helmet, including on a 500 cc engined machine which used frames privately commissioned by Hailwood. Hailwood also appeared in selected UK events, in 1968 appearing in the post-TT race at Mallory Park on a Honda, and in 1969 he participated in the Mallory Park Race of the Year riding a Seeley He had already started to race cars and with no other factory racing teams available to compete against MV Agusta, Hailwood decided to pursue a career in car racing, placing third in the 1969 Le Mans 24-Hour race in France as a co-driver of a Ford GT40 with David Hobbs. In 1970, Hailwood was again lured back into bike racing, this time by the BSA team riding a Rocket 3 at the Daytona 200 race in Florida, part of a strong BSA/Triumph team. Whilst placed at the head of the field the machine soon failed due to overheating. Hailwood