Tag: Auctions

  • First Lewis Hamilton Formula One car up for grabs sells for millions at auction

    A race-winning McLaren Formula One car driven by Lewis Hamilton was sold at an RM Sotheby’s auction over the weekend, and the final bid came in at 4.73 million British pounds (approximately $6.45 million).

    It isn’t the highest price paid for a F1 car from the modern era. That honor goes to Michael Schumacher’s Ferrari F1 car from the 2021 season that sold in 2017 for $7.5 million. Of course, when it comes to the highest price paid for an F1 car, Juan Manual Fangio’s Mercedes-Benz from the 1954 season takes the prize, selling for almost $30 million back in 2013.

    Hamilton’s car is the McLaren MP4-25 from the 2010 season. It was driven that season by both Hamilton and his teammate at the time, Jenson Button, with its best finish being Hamilton’s win at the Turkish Grand Prix. It’s the first of Hamilton’s former F1 cars to hit an auction block.

    The car was put into storage at McLaren after the 2010 season and only brought out again in 2019 when it underwent a restoration in 2019. The work was performed by McLaren’s heritage department and included a complete teardown of the car, after which all safety-critical items were inspected, tested, and replaced as needed. The engine was also sent over to its original supplier, Mercedes, to have it brought back to factory standard.

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    The car is fully certified by McLaren, and it can still be used for track driving, the listing claims, though even a decade-old F1 car is likely far too much for most drivers to handle. We should also add that you need multiple engineers just to start a modern F1 car, let alone see it run smoothly on a track.

    Powered by a naturally aspirated 2.4-liter V-8, the MP4-25 was notable for introducing the infamous “F-duct.” Named for the positioning of an outlet near the letter “f” in sponsor Vodafone’s name, the duct was activated by the driver covering up a small hole with his leg. This redirected airflow, reducing aerodynamic drag and adding up to 6 mph on straights, according to the listing.

    The F-duct was briefly a must-have feature in F1, allowing teams to keep downforce-generating aerodynamic appendages for corners while eliminating some of the drag penalty on straights. Most teams introduced their own versions, but the system was eventually banned.

    The MP4-25 also represents the end of an era for McLaren. The team began a decline after the 2010 season, in part because it had to play second fiddle to the Mercedes factory team. Hamilton joined Mercedes for the 2013 season, and has now won six of his seven championships with them. Meanwhile, McLaren is once again achieving solid results, and has gone back to Mercedes power after lackluster years with Honda and Renault power units.

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  • Bizarre one-off Porsche 356 heads to auction

    An unusual Porsche 356 one-off will cross the block at RM Sotheby’s auction, scheduled for August 13-14 in Monterey, California.

    The 1954 Glöcker-Porsche 356 Carrera 1500 coupe was built by Walter Glöcker, a Frankurt car dealer and racer. His seventh home-built special, the modified 356 was built to compete in the 1954 Mille Miglia, but wasn’t finished in time.

    Instead, the car raced in the Liége-Rome-Liége rally with Walter’s cousin, Helm Glöcker, at the wheel. Technical problems meant the car wasn’t competitive, and it doesn’t appear the car was used in any other events.

    1954 Glöcker-Porsche 356 Carrera 1500 coupe (photo via RM Sotheby's)

    1954 Glöcker-Porsche 356 Carrera 1500 coupe (photo via RM Sotheby’s)

    The Glöcker coupe won’t be mistaken for any other Porsche. The large wheel arches and tail fins seem a bit out of place on what is very sleek-looking car in stock form. The rectangular rally lights and bumper-mounted circular light probably helped with visibility at night, though.

    Glöckner also added a glass section at the top of each door, which extends into the roof, as well as a multi-element wraparound rear window. It’s unclear why he made these modifications, but they likely improved outward visibility.

    The engine, a Type 547 quad-cam flat-4 from a 550 Spyder, was supplied by Porsche engineer Ernst Fuhrmann himself, according to a 2016 Road & Track article. The car had reportedly changed hands in a private sale about two years prior to the publication of that article, but the price wasn’t disclosed. RM Sotheby’s hasn’t released a pre-auction estimate, so it’s hard to say how much this unique Porsche will sell for. Beauty is in the eye of the beholder, after all.

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  • Aston Martin DB5 stored since 1980 wedding emerges for Monaco auction

    Imagine it’s 1980 and you’ve just used your 1965 Aston Martin DB5 for the drive away from your wedding ceremony. What do you do next with such a car?

    In this case, the owner – the second person to own this Bondmobile in Silver Birch Metallic paint – put the car in the garage, where it has remained for decades.

    But the car will emerge from hiding July 19 to cross the block at Artcurial Motorcars Monaco 2021 summer sale, scheduled to take place at the Hotel Hermitage de Monaco.

    Paris-based Artcurial notes that the DB5 is one of the few equipped with its straight-6 engine linked to an automatic transmission, and it is being offered in what it calls “highly original condition.” Artcurial expects the car to sell for €400,000 to €600,000 ($487,630 to $731,440).

    Lamborghini Miura (white) is coming out of a collection

    Lamborghini Miura (white) is coming out of a collection

    Another star of the sale figures to be a 1968 Lamborghini Miura P400 purchased in 1969 by Paul Bouvot, who at the time was the head of design for Peugeot. The Miura is white with a black interior and obviously stood out parked among the Peugeots driven by others working in the French automaker’s design studios.

    The car eventually was acquired by an Italian-born collector living in the Burgundy region of France. The owner has consigned the car to the Monaco auction along with several others, including a Lamborghini Islero S, a Maserati Bora and a Ferrari 512 BB.

    The pre-auction estimate for the Miura is €850,000 to €1.2 million ($1.036 million to $1.46 million).

    Pioneer was a major sponsor of Peugeot race and rally cars

    Pioneer was a major sponsor of Peugeot race and rally cars

    Also on the docket is a 1984 Peugeot 205 T16, the only such car done in blue and white Pioneer livery and formerly owned by Jacky Setton, chief executive of Pioneer-France, which sponsored the Osella Squadra Corse Formula 1 and Peugeot rally teams.

    The car was the last of the 200 T16 produced under FIA homologation regulations. Artcurial expects the car to bring €240,000 to €300,000 ($292,575 to $365,720).

    This article, written by Larry Edsall, was originally published on ClassicCars.com, an editorial partner of Motor Authority.

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