Lewis Hamilton’s first championship Mercedes F1 will be auctioned off at the Las Vegas Grand Prix. It's expected to fetch between $10 and $15 million.
Lewis Hamilton's championship-winning W04 Formula 1 carLewis Hamilton's championship-winning W04 Formula 1 carLewis Hamilton's championship-winning W04 Formula 1 carLewis Hamilton's championship-winning W04 Formula 1 carLewis Hamilton's championship-winning W04 Formula 1 carLewis Hamilton's championship-winning W04 Formula 1 carLewis Hamilton's championship-winning W04 Formula 1 carLewis Hamilton's championship-winning W04 Formula 1 carLewis Hamilton's...
The car gained notoriety as the last Mercedes F1 vehicle with a V-8 engine before the series mandated smaller, quieter V-6 turbos. It was previously offered for public sale by Mercedes-Benz Classic in 2017. An RM Sotheby’s spokesperson declined to comment on the current owner. A spokesperson from Mercedes declined to comment on the sale., which sold for $142 million last year, remains the most expensive car ever sold publicly.
Some buyers see the old F1 cars as status symbols, like a work produced by a famous artist, or as a memento from a historic moment in sport. “This car was the start of the next greatest dynasty in Mercedes history, the Lewis Hamilton-Toto Wolff era,” Myers says. “It’s comparable to a dynasty like the Golden State Warriors or the Chicago Bulls.”the cars and race them. “I like to call it wine and cheese racing,” says Art Hebert, a collector and amateur racer who sells vintage race cars via .
“We expect to have a global audience on this lot, clients from Asia, clients from the Middle East,” he says. “We are seeing trophy hunters, too. People who weren’t car people necessarily but who wanted trophy assets. They might want just one car, and they want the best.”RM Sotheby’s is hoping to capitalize on the F1 spectacle to diversify its business in an increasingly competitive industry. Online auction platforms at auction used to provide.
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