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.
Juan Manuel Fangio
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The Goodwood Festival of Speed will be graced by a car with a special place in motorsport history: the 1954 Mercedes-Benz W196, driven by that year’s Formula One champion Juan Manuel Fangio. The car will be up for auction, where it is expected to raise some pretty spectacular bids, and possibly even the auction record. That year, Fangio was actually on the Maserati team right before the Silver Arrows team joined the fray mid-season. He raced in rounds 4 through 9 of the season with Mercedes then claimed number 2 of his 5 F1 titles. The particular car up for auction, chassis 00006, was the one in which Fangio won… Continue Reading »