Update: Fangio’s Mercedes becomes most valuable car ever sold by auction. Sold for a record (US$29,650,095, £19,601,500, €22,701,864). This is what I said back in March, “I have a feeling someone of means is going to have to empty their gold-plated piggy bank to buy this historic racing car.”
From Bonhams: Automotive history was made at the Bonhams Goodwood Festival of Speed Sale today, when the car that took five-time champion Juan Manuel Fangio to the second of his Formula 1 world titles achieved a record-breaking figure of £19,601,500 (US$29,650,095, €22,701,864).
The car becomes the most valuable motor vehicle ever sold at auction, beating the previous record of £10,086,400 set by a Ferrari in 2011.
– doug nye, racing historian
Bonhams is pleased to announce it has consigned the 1954 2½-litre straight-8 Mercedes-Benz W196 einsitzer– chassis number ‘00006/54’ – in which five-times World Champion Driver Juan Manuel Fangio won both the 1954 German and Swiss Grand Prix races. These great victories were the first two to be achieved in succession by the frontier-technology Mercedes-Benz factory Formula 1 team in its postwar racing come-back. Chassis ‘00006’ also has special significance as the first open-wheeled slipper-bodied postwar Mercedes-Benz ever to win a Formula 1 Grand Prix race – having made its debut in that German GP.