Classic (and New) Cars That Were Auctioned For Over $1 Million

1954 Mercedes-Benz W196

Price: $29.6 million

Auctioneer: Bonhams – Goodwood, West Sussex, United Kingdom, 2013

In 2013 the world record for most expensive car ever auctioned was set by seller Juan Manuel Fangio he sold his Mercedes-Benz W196 for $29.6 million.

The legendary vehicle was a formula 1 racing car and captured two racing championships in 1954 and 1955. After its crash in the 1955 Le Mans, it retired from racing for nearly 3 decades, held away in storage by a private collector. It’s racing victories against a Maserati 250 S and several other fuel injected Mercedes Benz, added to its notoriety among the racing community. The $29.6 million price tag for the 1954 Mercedes Benz W196 is fitting for its immense history.

Speaking of immense history…