• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Thursday, May 22, 2025
  • Login
  • Register
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Cars

Mercedes-Benz 300 SLR becomes world’s most expensive car ever sold at an auction

by Meghana Kandra
May 20, 2022
in Cars, News, Popular
Reading Time: 2 mins read
0
Vintage 1955 Mercedes-Benz becomes most expensive car to sell at auction
TwitterWhatsappLinkedin

A Vintage 1955 Mercedes-Benz 300 SLR was sold at an auction, becoming the most expensive car ever sold at an auction. It was sold at $143 million (around Rs. 1,100 crores), breaking the earlier record of $95 million sold at an auction. The winner of the bid was an unknown client of a British car collector, dealer, and advisor Simon Kidston. Mercedes Benz board had Kidston being lobbied around for 18 months, to consider selling the car.

You might also like

Epic Games’ Fortnite Makes Triumphant Return to Apple’s App Store After Nearly Five-Year Ban

Paramount Faces Political Firestorm Over Possible Trump Lawsuit Settlement

Intel Considers Selling Network and Edge Units Amid Strategic Overhaul Under New CEO

Vintage 1955 Mercedes-Benz becomes most expensive car to sell at auction
Image credits- DW

Canada-based RM Sotheby was the owner of the 1955 Mercedes-Benz 300 SLR Uhlenhaut Coupe before selling it at the auction. The sales were on May 5 in a highly unusual and secretive auction at Mercedes-Benz Museum located in Stuttgart, Germany. Mercedes-Benz customers and selected collectors were only invited to attend.

One of the only two created in 1955 is the 300 SLR Uhlenhaut Coupe. Making it one of the most prized cars in auto history, built by the Mercedes race department. It was named after Rudolf Uhlenhaut, the chief engineer and designer. The vehicle is based on the success of the W 196 R Grand Prix car, which was able to reach 180 mph and had a 3.0-liter engine. It was one of the fastest road-legal cars in those days when it was built.

The story behind

The Mercedes-Benz 300 SLR just happened to be one of a kind as Mercedes retired from racing in 1955. No more such cars were intended to be built. Two of these models were built in the 1950s. After Rudolf Uhlenhaut began driving the one as his car company, these were given the name moniker Uhlenhaut coupe. He was the head of the automaker’s test department. The car was being taken care of by Mercedes Benz since then.

The other car, on which the 300 SLR is based, won world championships as it was being driven by Juan Manuel Fangio†. The 300 SLR’s buyer is known to be a private collector. It is said that the car will be made available for public display on special occasions. The vehicle’s prototype remains with the Mercedes-Benz racing department. The proceeds from the sales will be used to establish the “Mercedes-Benz Fund” that will be used to provide scholarships globally for the study of environmental science and decarbonization. The chairman of Mercedes-Benz Group’s board, Ola Källenius said in a statement, “The decision to sell one of these two unique sports cars was taken with very sound reasoning – to benefit a good cause. At the same time, achieving the highest price ever paid for a vehicle is extraordinary and humbling.”

Also, the chairman of Sotheby’s Europe, Oliver Barker said in another statement saying that the car “now stands shoulder to shoulder with the greatest works of art ever sold. Few ever dreamt that this great jewel of motoring history would ever come for sale.”

Tags: 300 SLRMercedes-BenzMercedes-Benz MuseumRM SothebyUhlenhaut Coupe
Tweet55SendShare15
Previous Post

Zilingo fires Indian-origin CEO Ankiti Bose after complaints of financial irregularities

Next Post

Elon Musk reportedly sexually harassed a flight attendant in 2016

Meghana Kandra

Meghana studied PGD in Journalism, open university. She has more than five years of experience in content writing, from creative content development to online journalism. Electric vehicle enthusiast, engineer, and feminist.

Recommended For You

Epic Games’ Fortnite Makes Triumphant Return to Apple’s App Store After Nearly Five-Year Ban

by Anochie Esther
May 22, 2025
0
Fortnite

In a twist that has been long awaited by millions of fans and closely monitored by the tech and gaming industries alike, Fortnite is finally making its comeback...

Read more

Paramount Faces Political Firestorm Over Possible Trump Lawsuit Settlement

by Harikrishnan A
May 22, 2025
0
Paramount Faces Political Firestorm Over Possible Trump Lawsuit Settlement

Three senior U.S. senators are raising red flags over media giant Paramount Global’s ongoing legal entanglement with President Donald Trump, warning that a settlement in his $20 billion...

Read more

Intel Considers Selling Network and Edge Units Amid Strategic Overhaul Under New CEO

by Harikrishnan A
May 22, 2025
0
Pentagon Halts $2.5 Billion Chip Grant to Intel,

In a significant pivot that could reshape Intel’s future, the tech giant is quietly weighing whether to sell off its network and edge computing business units. The move...

Read more
Next Post
Image depicting a side view of Elon Musk at Met Gala 2022

Elon Musk reportedly sexually harassed a flight attendant in 2016

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?