- Loading Countdown to Race
Fangio's Mercedes W196 to be auctioned
Friday 12th July 2013, 08:21 by TF1T Staff
A rare Mercedes W196 driven by five-time world champion Juan Manuel Fangio, will be auctioned off at the Goodwood Festival of Speed and is expected to fetch more than £10 million.
Auctioneers Bonhams believe the car could break the record set by a Ferrari 250 Testa Rossa Prototype which was sold for just over £10 million in 2011.
The W196 is one of just a few remaining and the only one in the hands of a private collector. The remaining few examples are owned by Mercedes.
The chassis number, 00006/54, was driven by Fangio to victory twice at the 1954 German and Swiss Grands Prix and helped him secure the championship that year.
Team-mate Karl Kling also got behind the wheel at the 1955 Italian Grand Prix in Monza but suffered gearbox failure.
A spokeswoman for Bonhams said: "This is the only Mercedes-Benz W196 in private hands. It is the only surviving Mercedes-Benz W196 to have won not just one grand prix, but two.
"Its stature is immense, not only as the iconic Fangio car of the 1950s, but also as a shining star of pinnacle Mercedes-Benz engineering and as an icon of post-war recovery."
The F1 Times is not affiliated with Formula 1, Formula One Management, Formula One Administration, Formula One Licensing BV or any other subsidiary associated with the official Formula One governing organisations or their shareholders. Official Formula One information can be found at www.formula1.com.