Would you drop over $29 million dollars for a 1954 Mercedes-Benz racecar? That is precisely what happened at the Goodwood Festival of Speed recently! Even luxury auction house Bonhams must have been taken aback by the sale, which obliterated the previous exotic car sale record by double.
A 1954 Mercedes-Benz racecar nets staggering $29 million dollars at Bonhams auction
The prior record was held by a Ferrari 250 Testa Rossa prototype that sold for $16 million–which is still quite steep for just one vehicle. The $29 million dollar car is the 1954 Mercedes W196R. Argentine Manuel Fangio drove it in a few races. It is difficult to determine what makes this car worth so much more than other famous racers. Fangio raced the car many times, and won the vast majority of them.