The 1954 Mercedes Benz Formula 1 car driven by Juan Manual Fangio recently sold for $19.6 million – this is believed to be a record for a public auction. It has been a long time since this car has been setting speed and racing wins records but it may have picked off two other records as well. It is the highest price ever paid for both a Formula 1 racer and a Mercedes Benz.

It isn’t the highest price ever paid for a car however – that goes to the $35 million price tag that a Sterling Moss driven 1962 Ferrari 250 GTO fetched back in 2012 in a private sale. Combining racing victories in the Swiss and German Grand Prix by a legendary driver such as Mr. Fangio certainly helped get that high price but sooner or later someone else will most likely pass these numbers.

High prices at auction for classic cars are definitely not rare. For some classic car enthusiasts money is no object but you can browse classic cars anytime at Old Car Online and find many classics that fall within any budget. Drop by our user friendly website and look at any nameplate you have ever dreamed of and make those dreams a reality.