Big Law
An Ultra-Rare Mercedes Auctions For $143 Million
An ultra-rare Mercedes-Benz race car sold for $143 million earlier this month, making it the most expensive car ever sold.
RM Sotheby’s announced it auctioned off a 1955 Mercedes-Benz 300 SLR Uhlenhaut Coupe for 135 million euros, or about $143 million. The sale smashed the previous record for the most expensive car sold at auction by more than $95 million and topped the $70 million record for a car sold privately.
The winning bid was made by British car collector, advisor and dealer Simon Kidston on behalf of an unnamed client. Kidston lobbied the Mercedes-Benz board for 18 months to consider selling the car.
