Go Back   Team-BHP > BHP India > Vintage Cars & Classics in India > Beyond Borders


Reply
 
Thread Tools Search this Thread
Old 15th July 2013, 19:40   #1
sat
BHPian
 
Join Date: Jul 2007
Location: Rajasthan..
Posts: 139
Thanked: 59 Times
Default Fangio's 1954 Mercedes W196 sells for $29 million

Ex Juan Manuel Fangio 1954 Mercedes Benz W196 sells at auction for a World Record $29, 650, 095. Becomes most valuable car ever sold by auction

http://www.bonhams.com/press_release/14104/

http://www.bonhams.com/auctions/20929/lot/320/

http://www.bonhams.com/video/14103/ video of auction
sat is offline   (1) Thanks Reply With Quote
Old 15th July 2013, 19:58   #2
Distinguished - BHPian
 
Join Date: Aug 2005
Location: BOMBAY
Posts: 1,808
Thanked: 1,892 Times
Default

Quote:
Originally Posted by sat View Post
Ex Juan Manuel Fangio 1954 Mercedes Benz W196 sells at auction for a World Record $29, 650, 095. Becomes most valuable car ever sold by auction

http://www.bonhams.com/press_release/14104/

http://www.bonhams.com/auctions/20929/lot/320/

http://www.bonhams.com/video/14103/ video of auction
Funny the video ends at 17 Million five hundred while the title reads 19 million

Cheers
kasli is offline   Reply With Quote
Old 16th July 2013, 11:02   #3
sat
BHPian
 
Join Date: Jul 2007
Location: Rajasthan..
Posts: 139
Thanked: 59 Times
Default Re: Fangio's 1954 Mercedes W196 sells for $29 million

Quote:
Originally Posted by kasli View Post
Funny the video ends at 17 Million five hundred while the title reads 19 million

Cheers
Kasli, Must be the commission.
sat is offline   Reply With Quote
Old 16th July 2013, 11:43   #4
Team-BHP Support
 
karlosdeville's Avatar
 
Join Date: Jul 2006
Location: Pune
Posts: 9,628
Thanked: 8,112 Times
Default Re: Fangio's 1954 Mercedes W196 sells for $29 million

Even in times of recession we see that high end collectables are usually insulated from market conditions. Any images of the car in question?

We've come a long way from when one of the Bugatti Royales held the record for many years at around 12 million if I remember right.
karlosdeville is offline   Reply With Quote
Old 16th July 2013, 12:58   #5
Distinguished - BHPian
 
harit's Avatar
 
Join Date: Nov 2008
Location: Mumbai
Posts: 3,953
Thanked: 2,723 Times
Default Re: Fangio's 1954 Mercedes W196 sells for $29 million

The estimates for this car ranged from 5 to 10 Million Pounds.
The car is unrestored, has dents, scratches etc. Mercedes Benz never sold their GP cars, it appears that this car was lying for 30 or so years in a godown. This is the only W196 not in MB ownership.
The owner has remained anonymous. But the sale must be legit, otherwise this auction house would not sell it.
Very few prewar MB GP cars are not in their hands, they actually gave one to the Schlumpf brothers in an exchange deal. I would not be surprised if MB did buy it, but its unlikely as they have all the others.
Pictures are available in plenty on the net.

Cheers harit
harit is offline   (2) Thanks Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search


Similar Threads
Thread Thread Starter Forum Replies Last Post
1963 Ferrari 250 GTO reportedly sells for record $52 million darklord Beyond Borders 2 16th August 2014 09:58
Maruti Suzuki sells over a million units in 2009-10 Dippy The Indian Car Scene 1 2nd April 2010 16:57
Hero Honda sells over 4.5 million units in 2009-10 Dippy Motorbikes 0 2nd April 2010 11:40
So Merc C Class sells > E Class sells > S Class? GTO The Indian Car Scene 3 10th November 2005 23:51


All times are GMT +5.5. The time now is 20:53.

Copyright 2000 - 2017, Team-BHP.com
Proudly powered by E2E Networks