Motor racing-Mercedes 'streamliner' fetches record 51 million euros at auction
A streamlined Mercedes raced by Formula One greats Stirling Moss and Juan Manuel Fangio in 1955 set a record for a grand prix car on Saturday, selling at auction for 51.155 million euros ($53.01 million).
The sleek, silver W196 R Stromlinienwagen, one of only four complete examples in existence, was sold by RM Sotheby's at the Mercedes museum in Stuttgart, Germany, on behalf of the Indianapolis Motor Speedway (IMS).
The car had a price estimate of more than 50 million euros and, while the bidding rapidly reached 40 million in 5-million-euro increments, it eased off before a final hammer figure of 46.5 million ($48.2 million). The final price includes the buyers' premium. The buyer was not immediately named.
REUTERS VIDEO
Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe
Visit our website at https://www.manilatimes.net
Follow us:
Facebook - https://tmt.ph/facebook
Instagram - https://tmt.ph/instagram
Twitter - https://tmt.ph/twitter
DailyMotion - https://tmt.ph/dailymotion
Subscribe to our Digital Edition - https://tmt.ph/digital
Check out our Podcasts:
Spotify - https://tmt.ph/spotify
Apple Podcasts - https://tmt.ph/applepodcasts
Amazon Music - https://tmt.ph/amazonmusic
Deezer: https://tmt.ph/deezer
Stitcher: https://tmt.ph/stitcher
Tune In: https://tmt.ph/tunein
#TheManilaTimes
#WorldNews
#Mercedes
A streamlined Mercedes raced by Formula One greats Stirling Moss and Juan Manuel Fangio in 1955 set a record for a grand prix car on Saturday, selling at auction for 51.155 million euros ($53.01 million).
The sleek, silver W196 R Stromlinienwagen, one of only four complete examples in existence, was sold by RM Sotheby's at the Mercedes museum in Stuttgart, Germany, on behalf of the Indianapolis Motor Speedway (IMS).
The car had a price estimate of more than 50 million euros and, while the bidding rapidly reached 40 million in 5-million-euro increments, it eased off before a final hammer figure of 46.5 million ($48.2 million). The final price includes the buyers' premium. The buyer was not immediately named.
REUTERS VIDEO
Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe
Visit our website at https://www.manilatimes.net
Follow us:
Facebook - https://tmt.ph/facebook
Instagram - https://tmt.ph/instagram
Twitter - https://tmt.ph/twitter
DailyMotion - https://tmt.ph/dailymotion
Subscribe to our Digital Edition - https://tmt.ph/digital
Check out our Podcasts:
Spotify - https://tmt.ph/spotify
Apple Podcasts - https://tmt.ph/applepodcasts
Amazon Music - https://tmt.ph/amazonmusic
Deezer: https://tmt.ph/deezer
Stitcher: https://tmt.ph/stitcher
Tune In: https://tmt.ph/tunein
#TheManilaTimes
#WorldNews
#Mercedes
Category
🗞
NewsTranscript
00:00...in the hands of Fangio, and it's the first streamlined body W196R, this coming Wednesday in fact, it's the 1964 Ferrari 250 LM...
00:31...42...
00:32...42 million new bidder.
00:36Thank you for coming and visiting us and supporting us in today's sale.
00:40We're at 43.
00:41We're at 40.
00:4243.
00:4340.
00:44We have to do the best for the wonderful Indianapolis Motor Museum.
00:47...million now, 46 million euros here in Stuttgart.
00:53You sure?
00:54You're absolutely sure this time?
00:57...victory.
00:58Defeat not accomplished again by a Ferrari.
01:01...against Shelby.
01:0346 and a half.
01:05At 46 million, 500 thousand euros, sold here in Stuttgart by RM Sotheby's, going for the third and final time, the car is sold!
01:17I think it's a wonderful price.
01:27It's a huge amount of money for anybody.
01:30You know, it's over 50 million euros.
01:33And it's, I think, a fair price.
01:36And it has incredible history.
01:38And it's not often that motor cars make numbers like this.
01:47I do think, in our lifetime, that motor cars are the most important thing in the world.
01:57And that's why we're here.
01:59And that's why we're here.
02:00And that's why we're here.
02:01And that's why we're here.
02:02And that's why we're here.
02:03And that's why we're here.
02:04And that's why we're here.
02:05And that's why we're here.
02:06And that's why we're here.
02:07And that's why we're here.
02:08And that's why we're here.
02:09And that's why we're here.
02:10And that's why we're here.
02:11And that's why we're here.
02:12And that's why we're here.
02:13And that's why we're here.
02:14And that's why we're here.
02:15And that's why we're here.
02:16And that's why we're here.
02:17And that's why we're here.
02:18And that's why we're here.
02:19And that's why we're here.
02:20And that's why we're here.
02:21And that's why we're here.
02:22And that's why we're here.
02:23And that's why we're here.
02:24And that's why we're here.
02:25And that's why we're here.
02:26And that's why we're here.
02:27And that's why we're here.
02:28And that's why we're here.
02:29And that's why we're here.
02:30And that's why we're here.
02:31And that's why we're here.
02:32And that's why we're here.
02:33And that's why we're here.
02:34And that's why we're here.
02:35And that's why we're here.
02:36And that's why we're here.
02:37And that's why we're here.
02:39And it is the most beautiful race car ever built.
02:44And never ever will any formula allow you to build such a nice, wonderful, beautiful racing car.
02:53So that makes it extremely special.
02:56I think the engine is an 8-cylinder engine.
03:10And has around 295 horsepowers.
03:16And goes up to easily 300 kilometers an hour.
03:20As a streamliner, with all the great aerodynamics, it was basically almost unbeatable in its time.
03:35Such a car is not just a car.
03:37It's not like our daily commute vehicle.
03:40It is a piece of culture, of testimonial for civilization.
03:47So it not just needs an owner, it needs a custodian.
03:52So whoever will be the lucky one with the successful bid has to come with the responsibility to take care of the car in the most, let's say, well, comprehensive way.
04:17There you go.