{"id":5773,"date":"2013-07-15T15:37:12","date_gmt":"2013-07-15T15:37:12","guid":{"rendered":"https:\/\/rehs.com\/blog\/?p=5773"},"modified":"2023-12-18T08:10:28","modified_gmt":"2023-12-18T13:10:28","slug":"fangio-mercedes-racer-sets-29-7-million-auction-record","status":"publish","type":"post","link":"https:\/\/rehs.com\/eng\/2013\/07\/fangio-mercedes-racer-sets-29-7-million-auction-record\/","title":{"rendered":"Fangio Mercedes Racer Sets $29.7 Million Auction Record"},"content":{"rendered":"<p>Bonhams held their 20th-anniversary &#8220;Festival of Speed&#8221; sale last week and in that sale was a true piece of racing history. A new record for a car at auction was set with the 1954 2.5 litre Mercedes-Benz W196 Formula 1 Grand-Prix single-seater which Juan Manuel Fangio drove when he won the 1954 French Grand Prix. There was no estimate given but Bonhams said the price would likely be higher than the previous record of $16.4 million paid for a 1957 Ferrari Testa Rossa prototype in 2011 and they were absolutely correct. This piece of racing history sold for a whopping\u00a0<span style=\"background-color: #ffffff;font-size: 13px\">\u00a3<\/span>19.6 million ($29.7 million) which is nearly double the selling price of the 1957 Ferrari prototype. I couldn&#8217;t imagine this machine seeing too many more miles with a price tag like that!<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/2013-07-12\/fangio-mercedes-racer-sets-29-7-million-auction-record.html\"><img decoding=\"async\" class=\"alignnone\" alt=\"igEIFMTj5uMo\" src=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2013\/07\/igEIFMTj5uMo.jpg\" width=\"372\" height=\"248\" \/><\/a><\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/2013-07-12\/fangio-mercedes-racer-sets-29-7-million-auction-record.html\">Fangio Mercedes Racer Sets $29.7 Million Auction Record<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bonhams held their 20th-anniversary &#8220;Festival of Speed&#8221; sale last week and in that sale was a true piece of racing history. A new record for a car at auction was set with the 1954 2.5 litre Mercedes-Benz W196 Formula 1 &hellip; <a href=\"https:\/\/rehs.com\/eng\/2013\/07\/fangio-mercedes-racer-sets-29-7-million-auction-record\/?contemporary=N\">More&#8230;<\/a><\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[11,22,23],"class_list":["post-5773","post","type-post","status-publish","format-standard","hentry","category-rehs-contemporary","tag-rehs-contemporary-news","tag-rehs-galleries-autos","tag-rehs-galleries-sports-memorabilia-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.7 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Fangio Mercedes Racer Sets $29.7 Million Auction Record<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/rehs.com\/eng\/2013\/07\/fangio-mercedes-racer-sets-29-7-million-auction-record\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fangio Mercedes Racer Sets $29.7 Million Auction Record\" \/>\n<meta property=\"og:description\" content=\"Bonhams held their 20th-anniversary &#8220;Festival of Speed&#8221; sale last week and in that sale was a true piece of racing history. A new record for a car at auction was set with the 1954 2.5 litre Mercedes-Benz W196 Formula 1 &hellip; More...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/rehs.com\/eng\/2013\/07\/fangio-mercedes-racer-sets-29-7-million-auction-record\/\" \/>\n<meta property=\"og:site_name\" content=\"Rehs Galleries\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/RehsGalleriesInc\" \/>\n<meta property=\"article:published_time\" content=\"2013-07-15T15:37:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-12-18T13:10:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2013\/07\/igEIFMTj5uMo.jpg\" \/>\n<meta name=\"author\" content=\"Lance Rehs\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lance Rehs\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/2013\\\/07\\\/fangio-mercedes-racer-sets-29-7-million-auction-record\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/2013\\\/07\\\/fangio-mercedes-racer-sets-29-7-million-auction-record\\\/\"},\"author\":{\"name\":\"Lance Rehs\",\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/#\\\/schema\\\/person\\\/1af73bcc60ffc65ae3789309242c7168\"},\"headline\":\"Fangio Mercedes Racer Sets $29.7 Million Auction Record\",\"datePublished\":\"2013-07-15T15:37:12+00:00\",\"dateModified\":\"2023-12-18T13:10:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/2013\\\/07\\\/fangio-mercedes-racer-sets-29-7-million-auction-record\\\/\"},\"wordCount\":138,\"publisher\":{\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/2013\\\/07\\\/fangio-mercedes-racer-sets-29-7-million-auction-record\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/rehs.com\\\/eng\\\/wp-content\\\/uploads\\\/2013\\\/07\\\/igEIFMTj5uMo.jpg\",\"keywords\":[\"Rehs Contemporary - Art World News\",\"Rehs Galleries - Autos\",\"Rehs Galleries - Sports Memorabilia News\"],\"articleSection\":[\"Rehs Contemporary\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/2013\\\/07\\\/fangio-mercedes-racer-sets-29-7-million-auction-record\\\/\",\"url\":\"https:\\\/\\\/rehs.com\\\/eng\\\/2013\\\/07\\\/fangio-mercedes-racer-sets-29-7-million-auction-record\\\/\",\"name\":\"Fangio Mercedes Racer Sets $29.7 Million Auction Record\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/2013\\\/07\\\/fangio-mercedes-racer-sets-29-7-million-auction-record\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/2013\\\/07\\\/fangio-mercedes-racer-sets-29-7-million-auction-record\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/rehs.com\\\/eng\\\/wp-content\\\/uploads\\\/2013\\\/07\\\/igEIFMTj5uMo.jpg\",\"datePublished\":\"2013-07-15T15:37:12+00:00\",\"dateModified\":\"2023-12-18T13:10:28+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/2013\\\/07\\\/fangio-mercedes-racer-sets-29-7-million-auction-record\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/rehs.com\\\/eng\\\/2013\\\/07\\\/fangio-mercedes-racer-sets-29-7-million-auction-record\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/2013\\\/07\\\/fangio-mercedes-racer-sets-29-7-million-auction-record\\\/#primaryimage\",\"url\":\"https:\\\/\\\/rehs.com\\\/eng\\\/wp-content\\\/uploads\\\/2013\\\/07\\\/igEIFMTj5uMo.jpg\",\"contentUrl\":\"https:\\\/\\\/rehs.com\\\/eng\\\/wp-content\\\/uploads\\\/2013\\\/07\\\/igEIFMTj5uMo.jpg\",\"width\":620,\"height\":413,\"caption\":\"igEIFMTj5uMo\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/2013\\\/07\\\/fangio-mercedes-racer-sets-29-7-million-auction-record\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/rehs.com\\\/eng\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Fangio Mercedes Racer Sets $29.7 Million Auction Record\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/#website\",\"url\":\"https:\\\/\\\/rehs.com\\\/eng\\\/\",\"name\":\"Rehs Galleries\",\"description\":\"Offering and acquiring high quality paintings in excellent condition. 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