Lewis Hamilton's Mercedes F1 car sets new record in auction

Posted on:
Key Points

Private collectors seek iconic race cars.iStockLewis Hamilton's first Formula One-winning Mercedes car..

In a historic moment for Formula One enthusiasts, Lewis Hamilton's famed Mercedes F1 car, the vehicle that carried him to his maiden victory for the team, has set a remarkable record..

Two years later, in 2022, Schumacher's other Ferrari, the F2003-GA, brought in about $15 million at a Geneva auction, setting a record for the highest amount paid in public for a modern Formula One car..

A 1954 Mercedes-Benz W196 driven by five-time Formula One World Champion Juan Manuel Fangio is still the most expensive race car ever sold; it brought in $29.6 million at a 2013 Bonhams auction...

The auction has not only set a new benchmark for modern F1 car transactions but has also added another chapter to the saga of iconic race cars finding new homes among avid collectors...

You might be interested in

Would You Spend $60 Million on a Ferrari?

18, Aug, 23

RM Sotheby’s is putting a 1962 race car up for auction, with an asking price in the high eight figures