$142 Million Mercedes-Benz Smashes Ferrari's Classic Car Record

In a private auction for top collectors put on by Mercedes itself, one of just two 1955 300 SLR Uhlenhaut Coupés ever made sold for a jaw-dropping price.

Ola Källenius (left) Mercedes-Benz’s chairman, and Renata Jungo Bruengger, a member of the board of management of Mercedes-Benz Group AG, stand before the record-breaking 1955 coupé.

Source: Mercedes-Benz

Mercedes-Benz AG just knocked Gruppo Ferrari SpA off the blue-chip car collector throne.

A 1955 Mercedes-Benz 300 SLR Uhlenhaut Coupé sold for €135 million ($142 million) in a secret auction in Germany on May 5, Mercedes-Benz Chairman Ola Källenius has confirmed. While higher-priced deals may have taken place privately, the sale by the car company crushed the previous public record of $48.4 million paid in 2018 for a 1962 Ferrari 250 GTO at an RM Sotheby’s auction.