Vintage F1 race car sold for $ 29 Million

F1 is no doubt an exciting sport with a rich history. The F1 car sold at Bonhams Goodwood for a whopping 29.65 million dollars belongs to legendary racer Juan Manuel Fangio. The race car is the iconic Mercedes W196R which claimed consecutive victory for Mercedes and Fangio. It is one of the most expensive Formula one car sold in an auction and also the costliest Mercedes-Benz on the planet.

The W196R race is equipped with a 2.5 liter in-line eight cylinder engine. It also features automotive industry innovations like independent suspension and Tubular space frame chassis. The owner has hidden this car safely for almost 20 years in his warehouse. 1962 Ferrari 250 GTO is the most expensive car sold ever with a price tag of 35 million dollars.

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