360° Coverage : 1954 Mercedes Formula One Car Brings Nearly $30 Million at...

1954 Mercedes Formula One Car Brings Nearly $30 Million at Auction

Mercedes racecar becomes the most expensive vehicle ever sold at auction

Jul 15 2013, 2:00pm CDT | by

1954 Mercedes Formula One Car Brings Nearly $30 Million at Auction

A 1954 Mercedes W196R racecar that was driven by Juan Manuel Fangio has rolled across the auction block and fetched a huge amount of money. The car sold for $29,650,095 at the Bonhams Goodwood sale. That huge price makes this the most expensive car ever sold at auction.

It also now holds the record as the most expensive Mercedes-Benz in history. The racing car is chassis number 00006/54 and has a 2.5-liter straight-eight engine. Fangio drove the car to win the German and Swiss Grand Prix in 1954.

In a statement Bonhams Chairman Robert Brooks said, "I have handled some of the world's most desirable and important motor cars during a motoring auction career spanning five decades, but I have reached a peak today with this legendary Grand Prix car. It was a personal privilege to preside over the sale of this vehicle, which is not only one of the most significant motor cars of the 20th century, but also the most important historic Grand Prix racing car ever offered for sale."

 
 
 

<a href="/latest_stories/all/all/3" rel="author">Shane McGlaun</a>
Shane is a self described car aficionado. He loves muscle cars, but also knows how green cars work. He has years of experience in testing cars and writes about cars with deeply felt emotions.

 

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