Fangio's Mercedes Race Car Sells for $30 Million at Goodwood

A Formula One racecar belonging to arguably the greatest F1 driver in history is apparently such a collector’s item that people will deep pockets are willing to pay a moon’s price for it.

That much was made very clear at the recent Goodwood Festival of Speed after Juan Manuel Fangio’s 1954 Mercedes-Benz W196 sold for a staggering $29.6 million, making it the most expensive car to be sold at a public auction, the most expensive F1 race car ever and, as a cherry on top of the proverbial sundae, the most expensive Mercedes in history.

Lots of “expensive” there, huh?

The racecar, which was sold at a Bonhams auction late last week, is the same one Fangio used to win his second Formula One title in what became an illustrious and now legendary career. It’s noted for being the racecar that introduced a bevy of new technologies into F1, including the use of a fuel-injected engine, an all-independent suspension from Mercedes, a multi-tubular ’spaceframe’ lightweight chassis design, all-round inboard-mounted brakes, and the ’straight-8’ engine ’laydown’ configuration that reduces the car’s overall height.

Suffice to say, this Mercedes racecar is that rare gem in automotive history that commands a price depending on how deep the pockets of the bidders are.

And apparently, “deep” meant to the tune of $29.6 million.

Click past the jump to read about Juan Manuel Fangio

Fangio’s Mercedes Race Car Sells for $30 Million at Goodwood originally appeared on topspeed.com on Monday, 15 July 2013 11:00 EST.

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Source: http://www.topspeed.com/cars/car-news/fangio-s-mercedes-race-car-sells-for-30-million-at-goodwood-ar159628.html

Art Bisch Harry Blanchard Michael Bleekemolen Alex Blignaut Trevor Blokdyk

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