The Most Expensive F1 Car Sold at an Auction Is Still Miles Below What You’d Expect

Owning an F1 car is a dream for many of us. We have seen our racing heroes clinching those clinical victories in these cars. It is obvious that we get fascinated with them. They are priced exorbitantly because of their performance on the track, killer looks, and exclusivity. However, if we compare them with some of the other cars sold at the auction, buying an F1 car might sound like a bargain to you.

The quest for rare classic cars can easily get a lot of money out of the world’s super-rich. We’ll take a closer look into how much these luxury and classic cars cost and a disclaimer for all of you, “they cost a fortune, and more.”

Most Expensive F1 cars sold to date in an auction.

McLaren MP4-25A – sold for £4.8m in 2021 – Lewis Hamilton’s 2010 Turkish GP winning car was sold by RM Sotheby’s ahead of the Silverstone GP this year in 2021 for $6.4 million.  The Briton is a seven-time world champion and his car will always be a hot deal for F1 enthusiasts.

Ferrari F2001–sold for around £5.5m in 2017 – Michael Schumacher is arguably the biggest superstar this game has ever witnessed. His car is always going to break the upper ceiling as it did in this case. Schumacher had won Monaco and Hungry GP with this car which was sold for a whopping $7.5 million in 2017.

Mercedes W196R–sold for £19.6m in 2013 – This car is the symbol of the Silver Arrows’ first successful foray into the sport. F1 Legend Juan Manuel Fangio took this car to championship victory in 1954. Sold for $2.96 million in 2013, it was the most expensive car sold in an auction during the date.

If these figures dropped your jaws, then be prepared for much more than these figures. The vintage Ferraris cost more than double the most expensive F1 car.

Most expensive cars sold in an auction to date.

1957 Ferrari 335 Sport Scaglietti – Only 4 of these were ever made, making it one of the rarest cars in the world. It was driven by F1 champions like Mike Hawthorne and Stirling Moss, which adds immensely to its value. According to reports, it was sold for $36 million in Paris in 2016.

1962 Ferrari 250 GTO- It is considered “the holy grail of cars.” It is the most expensive car ever sold at auction at RM Sotheby’s sale in Monterey in 2018; chassis number  3413 GT was sold for over $48 million. Reports also suggest that the 1963 Ferrari 250 GTO was sold for $70 million in a private sale. This is also the second most expensive car to be sold in an auction. It was sold for $38 million in 2014 at Bonhams.

After going through these exorbitant prices, Schumacher’s Ferrari or Hamilton’s Mclaren might just have felt like a bargain. Tell us which car you want to add to your collection.

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