Qatar Emir sells Grand Prix racer for $30m

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(Image for illustrative purposes)

(Image for illustrative purposes)

The ruler of Qatar has sold a vintage Mercedes-Benz that was driven to two Grand Prix victories at auction for $30m.

The silver W196, in which Juan Manuel Fangio won the 1954 French Grand Prix, was acquired by the Qatari emir from German industrialist Freidhelm Loh eight years ago.

Part of Bonham’s 20th anniversary ‘Festival of Speed’ in London, the 180 mph racer did not carry a formal valuation at auction, but was expected to surpass a previous record of $16.4m that was handed over for a 1957 Ferrari Testa Rossa two years ago.

The buyer of the 2.5 litre W196 was an overseas bidder via telephone, who beat six other bidders, Bloomberg reported.

“You’re in a club of one with this car,” Dave Kinney, publisher of the Hagerty Price Guide, told Bloomberg prior to the auction. “You can’t race it with your fellow Ferrari GTO owners. It is a very significant piece of Grand Prix history. While its future use-potential is slight, it exudes the history of perhaps the greatest era in racing.”

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Posted by: Niels Lundgreen

Yes, this is most interesting car. The year 1954 was for someone very powerfull indeed, but to otheres tragic.

30 million US $ for this car from 1954 and let me tell you a similar storry from that time.

Another man was doing his own race for his own life. His name was Jackson Pollock and by the year 1956 he did not win but lost life most important race.

The race for a happy and joyful life. His inner demons cought up with him and in a dust of anger, selv pitty and unhappy feelings he hit a lonely tree on the road on Long Island New York and died in a fatal accident where another young person died.

To day his art, his paintings stands back as a icon for a time of so many mistakes and fights and strucle that he became an icon of art for the whole world.

I do not have a racing car from 1954 worth 30 million US $ but I do have a painting 136 cm. x 146 cm. by Jackson Pollock worth 30 million US $

If you as a collector care to see, please contact me.

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