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Rare Mercedes sells for $32 million

By Alex Inwood, 15 Jul 2013 Features

rare, MErcedes-Benz, auction, world, record, million, Goodwood, Festival, Speed

What you’re looking at here is the most expensive car ever sold at auction. And it’s a dusty old Mercedes-Benz.

What you’re looking at here is the most expensive car ever sold at auction.

And it’s a dusty old Mercedes-Benz.

Not any old Merc, though. This Mercedes-Benz W196 was driven by none other than Formula 1 legend Juan Manuel Fangio.

Fangio clinched his second F1 world title in this car, which shattered the world record for a car sold at auction when it fetched 19.6 million pounds – or $32.6 million Aussie - at last weekend’s Goodwood Festival of Speed.

The previous mark was set by a 1957 Ferrari 250 Testa Rosso prototype which went for $17.9 million in 2011.

Fangio’s Merc was purchased by a private buyer over the telephone.