Fangio's Mercedes 1954 F1 car sold for record $53 mln at auction / Photo: Olivier FENIET - AFP
-
Antetokounmpo joining Miami Heat in blockbuster: reports
-
Fineanganofo rethinks Newcastle move after All Blacks call-up
-
'Let's be realistic': Haaland cools Norway's World Cup expectations
-
Stocks fluctuate after Wall St sell-off, crude holds losses on peace talks
-
Lightning, downpour, a two-hour delay: bad weather hits the World Cup
-
Ultra-reclusive Turkmenistan slowly opens up to tourists
-
Two-goal Haaland fires Norway into World Cup last 32
-
Marc Bloch, historian and Resistance hero, joins France's Pantheon greats
-
Last one the best one? How Messi keeps doing it at World Cup
-
Ronaldo 'a role model' says Portugal coach after slow World Cup start
-
Savea 'embraces challenge' of leading All Blacks towards World Cup
-
North Korea's Kim vows to accelerate military buildup
-
Savea 'embraces challlenge' of leading All Blacks towards World Cup
-
Latin America's resurgent right notches another win in Colombia
-
Mbappe scores twice as France beat Iraq at World Cup after two-hour storm delay
-
Trump threatens prison for damage to Washington Reflecting Pool
-
France-Iraq World Cup game restarts after two-hour storm delay
-
Shortages ease in Bolivia as protest roadblocks dismantled
-
World Cup exploits of Maradona and Messi have Argentina fans in raptures
-
CTO Confidence in Scaling AI Falls for Third Straight Year, Akkodis Report Finds
-
Star Copper Extends Copper Creek Drill Hole Beyond Planned Depth After Intersecting Mineralized System
-
England 'can beat any opponent' at World Cup, says Rice
-
'Boston Tea Party' compensation claim to be displayed at UK exhibit
-
Alvarez says 'best for everyone' if he leaves Atletico
-
France-Iraq World Cup game suspended due to severe weather alert
-
Romanian parliament rejects liberal PM-designate
-
US temporarily suspends Iran oil sanctions, says nuclear inspectors to return
-
Maduro ouster put Venezuela on 'the right path': interim leader
-
Missed penalty spurred 'very angry' Messi to World Cup history
-
Shooting in Montreal, Canada leaves three dead including suspect
-
Oil falls as US waives Iranian sanctions and Nasdaq tumbles
-
Balogun chases 'inevitable' Messi in wild Golden Boot race
-
Defeated Colombian leftist calls for calm after post-vote violence
-
Belgium's Doku becomes father after World Cup controversy
-
Messi sets World Cup scoring record as Argentina down Austria
-
Magic Messi makes World Cup history to send Argentina into last 32
-
French TV presenter stood down over Doku World Cup comments
-
Ghana coach Queiroz says playing England 'easiest' World Cup game
-
Messi sets World Cup scoring record with 17th goal
-
Former Bayern stalwart Demichelis takes over at RB Leipzig
-
Colombian leftist candidate calls for calm after post-vote violence
-
Andy Burnham: 'King of the North' with Downing Street in his sights
-
Britons cautiously optimistic after PM's resignation
-
Latest developments in Europe's heatwave
-
Draper makes winning return at Eastbourne with Murray on his side
-
IMF director says Iran war fallout creating 'difficult moment' for Africa
-
Argentina fans defiant, 40 years on from Maradona's 'Hand of God'
-
Hormuz: Traffic flows despite Iran's closure announcement
-
Wikipedia won't let AI edit articles, cofounder says
-
Clive Davis: the starmaker who shaped modern music
Fangio's Mercedes 1954 F1 car sold for record $53 mln at auction
Five-time world champion Fangio steered it to victory in the 1955 Argentine Grand Prix, with Moss at the wheel in the same season's Italian Grand Prix where he posted the fastest lap time.
The sale makes the W196 the most expensive Formula One car ever sold, doubling the previous record.
The car's predecessor, the Mercedes W196R, held the previous record of 23.35 million euros in 2013.
The auction, carried out at Stuttgart's Mercedes-Benz Museum, had a reserve of 20 million euros and a target price of 50 million euros.
The buyer made the winning bid over the phone, choosing to remain anonymous.
The sale price remains well short of the all-time record for a car, although prices paid for vintage models have skyrocketed in recent years.
In 2022, a rare 1955 Mercedes-Benz SLR coupe from the constructor's collection reached 135 million euros at auction, more than doubling the previous record for a Ferrari 250 GTO set in 2018.
Auctioneers Sotheby's said the W196 Streamliner was one of four known complete examples of the model and the first to be sold to a private buyer.
Mercedes-Benz donated the car to the Indianapolis Motor Speedway (IMS) Museum in 1965. It is one of 11 cars to be sold by the IMS as it narrows its range.
The auction house called the W196 "among the rarest and most beautiful competition cars ever created" and "one of Mercedes-Benz's greatest accomplishments."
A.O.Scott--AT