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Fangio’s 1954 Mercedes-Benz Silver Arrow Sets a Grand Prix Auction Record

Fangio’s Mercedes W 196 R sold for €51,155,000 in 2025, becoming the most valuable Grand Prix car sold at auction and the second-highest public-auction car overall.
From TheFinanceBase Team2 min to read
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Juan Manuel Fangio’s 1954 Mercedes-Benz W 196 R Stromlinienwagen, chassis 00009/54, sold for €51,155,000 at RM Sotheby’s auction in Stuttgart on 1 February 2025. It became the most valuable Grand Prix racing car sold at auction—but not the most expensive car ever sold at public auction.

How much did Fangio’s Mercedes sell for?

The Indianapolis Motor Speedway Museum sold the car for €51,155,000 at the Mercedes-Benz Museum in Stuttgart. Mercedes-Benz reported a dollar equivalent of $53,917,370. RM Sotheby’s search result displayed a different dollar figure, so the euro sale price is the clearest figure to use without introducing a separate currency-conversion date or basis. Mercedes-Benz’s sale announcement gives the result and its dollar equivalent.

Did it become the world’s most expensive car?

No—not by the overall public-auction ranking. The 2025 sale made the W 196 R the most valuable Grand Prix racing car sold at auction, but it ranked second among cars sold at public auction. The 1955 Mercedes-Benz 300 SLR Uhlenhaut Coupé remains ahead: RM Sotheby’s reports that it sold for €135 million in 2022. These rankings concern reported public auctions; they do not establish a universal ranking that includes private transactions. RM Sotheby’s account of the W 196 R sale discusses both records.

What made this car historically significant?

A championship-era Mercedes-Benz

The W 196 R was built for the 1954 Grand Prix regulations, which permitted engines up to 2.5 litres. This example, chassis 00009/54, had a notable racing history before joining the museum’s collection.

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Fangio and Moss drove it in Grand Prix races

Fangio drove the Streamliner-bodied car to victory at the 1955 Buenos Aires Grand Prix. Stirling Moss drove it at the 1955 Italian Grand Prix at Monza. Formula 1’s 2025 pre-auction report said the car had not been formally presented for judging or driven in vintage events since it entered museum care; that is a statement from the pre-sale report, not a new inspection claim. Formula 1’s pre-auction report describes its race history and museum-era status.

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Who sold it, and where will the proceeds go?

The seller was the Indianapolis Motor Speedway Museum. Daimler-Benz donated chassis 00009/54 to the museum in 1965. In its pre-sale statement, museum president J. Douglas Boles called the W 196 R “a remarkable piece of motorsport history” and said the proceeds would help secure the collection’s future, support acquisitions and fund necessary restoration work. The museum’s announcement gives its account of the donation and intended use of proceeds.

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