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Fangio Mercedes sells for record price

An ex-Juan Manuel Fangio Mercedes sells for a world record price at auction during the Goodwood Festival of Speed
An ex-Juan Manuel Fangio F1 car has sold for a record price in an auction during the Goodwood Festival of Speed.

The 1954 Mercedes W196 – similar to the one pictured - was used by the F1 legend to win both the German and Swiss Grands Prix en-route to the second of his five championship titles and came up for sale having been discovered earlier this year in a warehouse.

The car had previously been part of the Daimler-Benz Museum in Germany and had been in the National Motor Museum at Bealieu before going into private ownership.

The hammer eventually fell in the auction at £17.5 million, over three-times the initial estimate, and eclipsed the previous record for a 1957 Ferrari 250 Testa Rossa, which sold for £10.8 million two years ago.

“In every area of the car, there is evidence of just the most fantastic workmanship,” historian Doug Nye told the BBC. “It was designed by very sophisticated, high-tech engineers. It's handcrafted and it's just like a piece of mechanical jewellery.

"I always say it's sad that these things have to be sold but on the other hand, as an enthusiast, it's just a privilege to have such an iconic and historic piece.

"I have been one of the stewards looking after the car for several months, and it will be quite a wrench to see it go."

Amongst other cars in the auction, an ex-John Lennon Ferrari 330GT went for £320,000 while an ex-works Mille Miglia and Le Mans 24 Hours Austin Healey 100 sold for £700,000.




Related Pictures

Click on relevant pic to enlarge
21.07.2011- Mercedes W196
21.07.2011- Nico Rosberg (GER), Mercedes GP Petronas F1 Team, MGP W02 with Mercedes W196
21.07.2011- Nico Rosberg (GER), Mercedes GP Petronas F1 Team, MGP W02 with Mercedes W196
27.07.2014- Race, Nico Rosberg (GER) Mercedes AMG F1 W05
27.07.2014- Race, Nico Rosberg (GER) Mercedes AMG F1 W05 and Sebastian Vettel (GER) Red Bull Racing RB10
27.07.2014- Race, Nico Rosberg (GER) Mercedes AMG F1 W05
27.07.2014- Race, Kimi Raikkonen (FIN) Scuderia Ferrari F14-T and Lewis Hamilton (GBR) Mercedes AMG F1 W05
27.07.2014- Race, Fernando Alonso (ESP) Scuderia Ferrari F14-T leads Nico Rosberg (GER) Mercedes AMG F1 W05
27.07.2014- Race, Nico Rosberg (GER) Mercedes AMG F1 W05
27.07.2014- Race, Jenson Button (GBR) McLaren Mercedes MP4-29
27.07.2014- Race, Lewis Hamilton (GBR) Mercedes AMG F1 W05
27.07.2014- Race, Nico Rosberg (GER) Mercedes AMG F1 W05
27.07.2014- Race, Fernando Alonso (ESP) Scuderia Ferrari F14-T leads Sebastian Vettel (GER) Red Bull Racing RB10 and Lewis Hamilton (GBR) Mercedes AMG F1 W05
27.07.2014- Race, Nico Rosberg (GER) Mercedes AMG F1 W05 leads Valtteri Bottas (FIN) Williams F1 Team FW36
27.07.2014- Race, Jenson Button (GBR) McLaren Mercedes MP4-29
27.07.2014- Race, Lewis Hamilton (GBR) Mercedes AMG F1 W05
27.07.2014- Race, Nico Rosberg (GER) Mercedes AMG F1 W05 leads Sebastian Vettel (GER) Red Bull Racing RB10
27.07.2014- Race, Nico Rosberg (GER) Mercedes AMG F1 W05 leads Sebastian Vettel (GER) Red Bull Racing RB10

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Dreaduk

July 13, 2013 3:30 PM

Sadly, my Dad owned a Jaguar XKSS, worth probably £5M, there was only 16 built and it's the only one with a racing pedigree, but it has gone into a collection and hasn't been seen for probably 20 years.

richard

July 12, 2013 7:46 PM

I only hope that it is not an investment company that have bought the car, which would mean that it will not be seen out on the track again. cars like the merc should be USED. and 700,000 for a healey? wow, I am sitting on a fortune!



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