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Published on July 13th, 2013 | by Daniel Sherman Fernandez

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Juan Manuel Fangio’s F1 race car sold for £19,601,500

Automotive history was made at the Bonhams Goodwood Festival of Speed Sale today, when the car that took five-time champion Juan Manuel Fangio to the second of his Formula 1 world titles achieved a record-breaking figure of £19,601,500 (US$29,650,095, €22,701,864). The auction as a whole realised £36,072,464 to become the highest-grossing auction of motor cars in Europe. The ex-Fangio car becomes the most valuable motor vehicle ever sold at auction, beating the previous record of £10,086,400 set by a Ferrari in 2011. Bonhams also set a new world record highest price for a Maserati at auction, when a 1955 300S Sports-Racing Spider sold for £4,033,500. The previous record was £2,251,520 set in 2012.

The result means Bonhams now holds the world records for the following marques at auction: Aston Martin (£3,200,000), Austin-Healey (£843,000), Bentley (£5,000,000), Maserati (£4,033,500), Mercedes-Benz (£19,601,500) and Rolls-Royce (£4,700,000). The sale took place before a packed audience of more than 1,000 people in the marquee, with bidders from 32 countries around the world taking part.


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