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U.S. Risk Brokers  A Mercedes Sells at Auction for $30 Million 


Julie Byington, U.S. Risk - Dallas, TX 75252
Reputation: 1786 - Total posts: 38
A 1954 Mercedes-Benz race car sold for a record $30 million at an auction in England Friday.

While collectible cars have been sold privately for more, this is the highest price ever paid for a car at a public auction. Until today, the record had been held by a 1957 Ferrari Testa Rossa Prototype which sold at an auction in California in 2011 for $16.4 million.

The Mercedes W196R Formula 1 race car, powered by a 2.5-liter 8-cylinder engine, was one of a group of race cars that won 9 World Championship-qualifying Grand Prix races in 1954 and '55.

Cited from and for more information: http://money.cnn.com/2013/07/12/autos/mercedes-record-auction/index.html?hpt=hp_t2
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