These wheels of fortune are turning in Mercedes-Benz’s favor.
The German automotive brand confirmed that it has sold a luxury car for a mind-boggling $142 million (135 million EUR), shattering the previous record for the most expensive vehicle ever sold.
“We [wanted], with one single act, to demonstrate the power of the Mercedes brand,” said their chairman, Ola Källenius, in a statement following the closed invitation auction on May 5 at the Mercedes museum in Stuttgart, BNN Bloomberg reported. The event was held in collaboration with car auction firm RM Sotheby’s.
The automobile in question was an ultra-rare 1955 Mercedes-Benz 300 SLR Uhlenhaut Coupé, one of only two ever manufactured. Mercedes hasn’t divulged the buyer’s identity; however, the auction reportedly featured around a dozen bidders with multiple Swiss-Italian, English and US Mercedes-Benz collectors being floated as possible purchasers.