Juan Manuel Fangio – Mercedes Benz

The 1954 Mercedes-Benz W196R Formula 1 Single-Seater breaks the following auction world records:

• Most valuable motor car ever sold at auction
• Most valuable Formula 1 racing car ever sold
• Most valuable Mercedes-Benz

Automotive history was made at the Bonhams Goodwood Festival of Speed Sale, when the car that took five-time champion Juan Manuel Fangio to the second of his Formula 1 world titles achieved a record-breaking figure of £19,601,500 (US$29,650,095, €22,701,864). [Read more…]