While many observers correctly predicted that Juan Manuel Fangio’s 1954 Mercedes-Benz W196 would sell for a significant sum of money earlier this month at the Bonhams Goodwood auction, none could have foreseen the ultimate $29.65 million hammer price, which easily set the record for a car sold at public auction, beating the 1957 Ferrari Testa Rossa that drew a winning bid of $16.4 million at Gooding’s 2011 Pebble Beach auction and coming within sight of the overall record price for the sale of a collector car: $35 million for 1962 Ferrari 250 GTO, as paid last summer.
Read More: http://blog.hemmings.com/index.php/2013/07/25/open-diff-what-car-will-beat-the-fangio-mercedes-w196s-record-auction-price/
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