Home Wealth A 1955 Mercedes simply nabbed $143 million at public sale, the costliest automotive ever offered

A 1955 Mercedes simply nabbed $143 million at public sale, the costliest automotive ever offered

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A 1955 Mercedes simply nabbed $143 million at public sale, the costliest automotive ever offered

1955 Mercedes-Benz 300 SLR Uhlenhaut Coupe

Courtesy: RM Sotheby’s

An ultra-rare Mercedes-Benz race automotive offered for $143 million earlier this month, making it the costliest automotive ever offered.

RM Sotheby’s introduced it auctioned off a 1955 Mercedes-Benz 300 SLR Uhlenhaut Coupe for 135 million euros, or about $143 million. The sale smashed the earlier file for the costliest automotive offered at public sale by greater than $95 million and topped the $70 million file for a automotive offered privately.

The successful bid was made by British automotive collector, advisor and vendor Simon Kidston on behalf of an unnamed consumer. Kidston lobbied the Mercedes-Benz board for 18 months to think about promoting the automotive.

The sale, first reported by Hagerty Insider, passed off on May 5 in a secretive and extremely uncommon public sale on the Mercedes-Benz Museum in Stuttgart, Germany. Only chosen collectors and Mercedes-Benz clients had been invited to attend.

The 300 SLR Uhlenhaut Coupe is certainly one of solely two created in 1955 and is considered some of the prized automobiles in auto historical past. It was constructed by Mercedes’ race division and named after its chief engineer and designer, Rudolf Uhlenhaut.

1955 Mercedes-Benz 300 SLR Uhlenhaut Coupe

Courtesy: RM Sotheby’s

The automotive was primarily based on the corporate’s profitable W 196 R Grand Prix automotive, which received two World Championships with driver Juan Manuel Fangio. The 300 SLR had a bigger, 3.0-liter engine and was capable of attain 180 mph, making it one of many quickest highway authorized automobiles on the time.

The Mercedes-Benz firm owned each of the 300 SLR automobiles — the May 5 sale took many collectors abruptly.

“It’s reasonable to say that nobody ever imagined that this car would ever be offered for sale, so for Mercedes-Benz to ask RM Sotheby’s to conduct the auction was an absolute honor,” mentioned Peter Wallman, RM Sotheby’s chairman for the UK and EMEA.

Mercedes-Benz mentioned it is going to donate the proceeds to create a fund for scholarships and academic analysis into the surroundings and decarbonization.

Prior to the sale, the costliest automotive offered public sale was a 1962 Ferrari 250 GTO that went at RM Sotheby’s for $48.5 million in 2018. A 1963 Ferrari GTO offered privately in 2018 for $70 million.

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