Juan Manuel Fangio’s Mercedes F1 Car is Now the Most Expensive Car Ever Auctioned
Photo courtesy of Bonhams
Mercedes F1 driver Juan Manuel Fangio’s W196R race car has officially set the record as the most expensive car ever sold at auction, for the astronomical sum of $29.65 million; it was sold at the Bonhams Auction at this weekend’s legendary Goodwood Festival of Speed. It sold alongside John Lennon’s Ferrari 330GT, a Ford RS200, and a 1934 Alfa Romeo 8C, as well as vintage posters, photographs, and other automotive memorabilia.
Fangio was a five-time Formula 1 World Champion who raced for Alfa Romeo, Mercedes, Maserati, and Ferrari, winning for all four teams throughout the 1950s. The W196R sold today is the same car Fangio drove to victory in both the German and Swiss Grands Prix in 1954, and is the only W196R in existence that isn’t owned by Mercedes or other museums and collections. The car’s history is detailed extensively in the Bonhams auction notes.
The record for the most expensive car ever sold remains untouched. That car, a 1936 Bugatti Type 57SC Atlantic, was sold privately in 2010 to an unknown buyer for an unknown price, but according to Autoblog, the price fell somewhere between $30-40 million.