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Juan Manuel Fangio Mercedes W196 F1 Car Fetches £17.5 Million

Giancarlo Perlas July 13, 2013

Mercedes W196

Formula 1 legend and five-time world champion Juan Manuel Fangio’s Mercedes W196 car fetched a total amount of £17.5 million in an auction at Goodwood Festival of Speed.

According to BBC News, the amount may seem absurd for a car that is nearly 60 years old. However, the source explained that the Mercedes W196 is not just a common antique car because it has a very colorful history.

Fangio actually used the Mercedes W196 to secure victory in two Grand Prix in 1954. These are the Swiss and German Grand Prix.

The report said that the Mercedes W196 was sold to an unnamed private buyer through telephone.

About Author

Giancarlo Perlas

Giancarlo is an economist by profession with a career spanning nearly two decades. His professional journey has seen him assume vital roles in various government and private organizations. Alongside his civic and corporate pursuits is his love for cars, particularly those made by Mercedes-Benz. In 2012, he found himself with like-minded individuals within BenzInsider. From then on, he used the platform as a way to share his passion with the automotive community. Follow his Facebook page at https://www.facebook.com/benzinsider, X (formerly Twitter) @giancarloperlas, and IG @benzinsider. View all posts by Giancarlo Perlas →

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