Friday July 1, 2022
اردو
Dialogue Pakistan Dialogue Pakistan
Dialogue Pakistan Dialogue Pakistan
  • Citizen Journalism
  • Pakistan
  • World
  • Sports
  • Entertainment
  • Videos
    • Feature Videos
    • In House Videos
    • Mobile Footage
    • Documentaries
  • More
    • Features
    • Health
    • Sci-Tech
    • Business
    • In Pictures
    • Facebook
Business World

Vintage Mercedes fetches record €135 mn at auction

by AFP May 20, 2022

AA

 Vintage Mercedes fetches record €135 mn at auction

London : A 1955 Mercedes-Benz, one of only two of its kind, was auctioned off earlier this month for a whopping 135 million euros ($143 million), making it the most expensive car ever sold, RM Sotheby’s announced Thursday.

The Mercedes-Benz 300 SLR Uhlenhaut was sold to a private collector, the classic car auction company said in a statement, fetching almost triple the previous record price for a car, which was set in 2018 by a 1962 Ferrari 250 GTO that went for over $48 million.

The invitation-only auction took place on May 5 at the MercedesBenz Museum in Stuttgart, Germany, the auction house said, adding that the vehicle’s high price places it in the “top 10 most valuable items ever sold at auction in any collecting category”.

According to an AFP ranking of artworks sold at auction in recent years, the 300 SLR ranks sixth or seventh, with the all-time record being held by Leonardo da Vinci’s “Salvator Mundi”, which sold in November 2017 for $450.3 million.

Next is “Shot Sage Blue Marilyn” by Andy Warhol, which also sold this month for $195 million.

The car is one of just two prototypes built by the Mercedes-Benz racing department and is named after its creator and chief engineer, Rudolf Uhlenhaut, according to RM Sotheby’s.

“The private buyer has agreed that the 300 SLR Uhlenhaut Coupe will remain accessible for public display on special occasions, while the second original 300 SLR Coupe remains in company ownership and will continue to be displayed at the Mercedes-Benz Museum in Stuttgart,” the auction company added.

According to RM Sotheby’s and press reports, the 300 SLR, recognisable by its unusual lines and butterfly doors, was modelled on the W196 R Grand Prix race car, which won two Formula 1 world championships in 1954 and 1955 with Italian Juan Manuel Fangio in the driver’s seat.

But in June 1955, tragedy struck the Mercedes-Benz team, when at the 24 Hours of Le Mans race, a crash of one of its 300 SLR vehicles killed French driver Pierre Levegh and 83 spectators.

That tragedy — the deadliest in the history of motor racing — forced the company to withdraw from the sport for years.

RM Sotheby’s said the proceeds from the auction will be used to establish a worldwide Mercedes-Benz Fund that will fund environmental science and decarbonisation research.

Post Views: 104

Share This:

Tags: auction fetches mercedes record €135 mn Vintage
Previous post
Next post




Polls

Should the release of foreign movies be delayed to help support Pakistani cinema?

View Results

Loading ... Loading ...
Most Recent
World

Taliban’s reclusive supreme leader attends Afghan clerics’

July 1, 2022
Sports

Pakistan players to get separate Test and

July 1, 2022
News

LHC orders recount of votes cast in

June 30, 2022
News

Covid-19: Pakistan reports two deaths, 641 new

June 30, 2022
July 2022
M T W T F S S
 123
45678910
11121314151617
18192021222324
25262728293031
« Jun    
Related Stories for you
house

Ishaq Dar’s residence will be auctioned off by the government

January 31, 2022

ISLAMABAD: The Islamabad High Court (IHC) has allowed the government to auction the house of former Finance Minister Ishaq Dar. 

Auction of Nawaz Sharif’s properties, Court issues instructions

January 17, 2022

Lahore: The accountability court summoned the lawyers for arguments at the next hearing on the petition of former Prime Minister

Rare pink diamond auctioned in Geneva for 27 million dollars

November 12, 2020

GENEVA, SWITZERLAND: A rare pink diamond extracted from a Russian mine was auctioned in Geneva for 27 million dollars, which

Dialogue Pakistan

Citizen Journalism is the collection, dissemination and analysis of news by the people for the people especially by the means of internet. Dialogue Pakistan is the country’s first citizen journalism portal to provide Pakistanis an opportunity to get themselves heard aiming to encourage citizen journalism inculcated with ethical values.

Quick Links

اردو
About Us
Advertise
Careers
Contact

Category

Citizen Journalism
Pakistan
World
Sports
Entertainment
Features

Download our APP

Social Platforms

  • Facebook
  • Twitter
  • LinkedIn
  • Instagram
  • Youtube
Copyright 2022.Dialogue Pakistan. All Rights Reserved.