By Culturekiosque Staff
LONDON, 13 JULY 2013 Automotive history was made at the
Bonhams Goodwood Festival of Speed Sale yesterday, 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,
â‚¬22,701,864). The auction as a whole realized £36,072,464 to become the
highest-grossing auction of motor cars in Europe.
The ex-Fangio car becomes the most valuable motor vehicle ever sold at
auction, beating the previous record of £10,086,400 set by a Ferrari in
The Ex-Juan Manuel Fangio, Hans Herrmann, Karl
Kling, German and Swiss
Grand Prix Winning 1954 Mercedes-Benz W196R
Formula 1 Racing Single-Seater
Chassis no. 196 010
Photo: courtesy of Bonhams
Robert Brooks, Bonhams Chairman, said: "It was a personal privilege to
preside over the sale of the Mercedes-Benz W196, 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."
Doug Nye, racing historian, said: "If he were here today Fangio would
shake his head and smile his slow smile. He was a humble man, originally a
mechanic from a potato town in Argentina and he never forgot his roots.
As a driver, he was simply a genius. As a man he had no enemies. He was
universally loved, even by those he regularly beat on track. No
standard-setting sportsman could have a better epitaph.
"Mercedes has long been recognized for the world-class quality of its
products and in 1954/55 they set out to rebuild their reputation for
automotive excellence post-war. With this W196 and its sports car sisters
they did just that... and how!"
Bonhams also set a new world record highest price for a Maserati at
auction, when a 1955 300S Sports-Racing Spider sold for £4,033,500. The
previous record was £2,251,520 set in 2012.
The Ex-Bill Spear/Sherwood Johnston
1955 Maserati 300S
Chassis no. 3053 / Engine no. 3053
The result means Bonhams now holds the world records for the following
marques at auction: Aston Martin (£3,200,000), Austin-Healey (£843,000),
Bentley (£5,000,000), Maserati (£4,033,500), Mercedes-Benz (£19,601,500)
and Rolls-Royce (£4,700,000).
The sale took place before an audience of more than 1,000 people
in the marquee, with bidders from 32 countries around the world taking
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