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See the $142 million Mercedes that just became the most expensive car ever sold

Tim Levin   

See the $142 million Mercedes that just became the most expensive car ever sold
1955 Mercedes-Benz 300 SLR Coupe.Kidston Motor Cars
  • An ultra-rare Mercedes-Benz just sold for $142 million at an invite-only auction.
  • The 1955 race car is by far the most expensive car ever auctioned off.

An extremely rare, 67-year-old Mercedes-Benz just sold for a whopping $143 million, making it the most expensive car ever sold at auction.

An extremely rare, 67-year-old Mercedes-Benz just sold for a whopping $143 million, making it the most expensive car ever sold at auction.
1955 Mercedes-Benz 300 SLR Coupe.      RM Sotheby's

The1955 Mercedes-Benz 300 SLR Uhlenhaut Coupe is a prototype race car built for the 1956 season.

The1955 Mercedes-Benz 300 SLR Uhlenhaut Coupe is a prototype race car built for the 1956 season.
1955 Mercedes-Benz 300 SLR Coupe.      RM Sotheby's

It obliterated the previous record for the priciest car ever auctioned off by around $95 million.

It obliterated the previous record for the priciest car ever auctioned off by around $95 million.
1955 Mercedes-Benz 300 SLR Coupe.      Kidston Motor Cars

The previous record holder was a 1962 Ferrari 250 GTO that sold for around $48 million in 2018, according to auction house RM Sotheby's, which was involved in both sales.

The previous record holder was a 1962 Ferrari 250 GTO that sold for around $48 million in 2018, according to auction house RM Sotheby
1955 Mercedes-Benz 300 SLR Coupe.      Kidston Motor Cars

The coupe also ranks in the top 10 most expensive items ever sold at auction, RM Sotheby's said.

The coupe also ranks in the top 10 most expensive items ever sold at auction, RM Sotheby
1955 Mercedes-Benz 300 SLR Coupe.      Kidston Motor Cars

Mercedes-Benz sold the 300 SLR during an invite-only auction on May 5 at its museum in Stuttgart, Germany.

Mercedes-Benz sold the 300 SLR during an invite-only auction on May 5 at its museum in Stuttgart, Germany.
1955 Mercedes-Benz 300 SLR Coupe.      Kidston Motor Cars

It sold to classic-car dealer Simon Kidston, who placed the winning bid on behalf of an anonymous buyer.

It sold to classic-car dealer Simon Kidston, who placed the winning bid on behalf of an anonymous buyer.
1955 Mercedes-Benz 300 SLR Coupe.      Kidston Motor Cars

In part, the 300 SLR is so valuable because Mercedes built just two of them.

In part, the 300 SLR is so valuable because Mercedes built just two of them.
1955 Mercedes-Benz 300 SLR Coupe.      Kidston Motor Cars

To be fair, it's also gorgeous.

To be fair, it
1955 Mercedes-Benz 300 SLR Coupe.      RM Sotheby's

The coupe was never raced, and instead was used by Rudolf Uhlenhaut, the head of Mercedes's testing department, as a company car.

The coupe was never raced, and instead was used by Rudolf Uhlenhaut, the head of Mercedes
1955 Mercedes-Benz 300 SLR Coupe.      Kidston Motor Cars

The eight-cylinder race car was rated at roughly 300 horsepower.

The eight-cylinder race car was rated at roughly 300 horsepower.
1955 Mercedes-Benz 300 SLR Coupe.      Kidston Motor Cars

It had a top speed of 180 mph, making it one of the fastest road-legal vehicles of its time, according to RM Sotheby's.

It had a top speed of 180 mph, making it one of the fastest road-legal vehicles of its time, according to RM Sotheby
1955 Mercedes-Benz 300 SLR Coupe.      RM Sotheby's

The 300 SLR Coupe was developed as a hardtop version of Mercedes's successful open-top 300 SLR race car.

The 300 SLR Coupe was developed as a hardtop version of Mercedes
1955 Mercedes-Benz 300 SLR Coupe.      RM Sotheby's

Both SLR Coupes have been in Mercedes-Benz's private collection since new.

Both SLR Coupes have been in Mercedes-Benz
1955 Mercedes-Benz 300 SLR Coupe.      Kidston Motor Cars

The one sold — nicknamed "Red" for its red interior — only shows a little over 6,000 kilometers on the odometer.

The one sold — nicknamed "Red" for its red interior — only shows a little over 6,000 kilometers on the odometer.
1955 Mercedes-Benz 300 SLR Coupe.      Kidston Motor Cars

Its sibling, "Blue," will remain on display at the Mercedes-Benz Museum.

Its sibling, "Blue," will remain on display at the Mercedes-Benz Museum.
1955 Mercedes-Benz 300 SLR Coupe.      RM Sotheby's

The 300 SLR isn't to be confused with the Mercedes 300 SL, another highly collectible 1950s Mercedes that's only worth a measly $1 million.

The 300 SLR isn
1955 Mercedes-Benz 300 SLR Coupe.      Kidston Motor Cars

Why would Mercedes-Benz part with such a valuable car and such an iconic piece of its history?

Why would Mercedes-Benz part with such a valuable car and such an iconic piece of its history?
1955 Mercedes-Benz 300 SLR Coupe.      Kidston Motor Cars

It was sold for a good cause.

It was sold for a good cause.
1955 Mercedes-Benz 300 SLR Coupe.      Kidston Motor Cars

Mercedes says it will use the proceeds from the sale to set up a scholarship fund to support education and research into environmental science and decarbonization.

Mercedes says it will use the proceeds from the sale to set up a scholarship fund to support education and research into environmental science and decarbonization.
1955 Mercedes-Benz 300 SLR Coupe.      RM Sotheby's

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