Arab Press

بالشعب و للشعب
Friday, Aug 22, 2025

0:00
0:00

Recession, inflation… Mercedes just sold the world's most expensive car for $142 million

Mercedes-Benz confirmed on Thursday that it recently sold the world's most expensive car. A very rare 1955 Mercedes-Benz SLR coupe that had been kept in the German automaker's collection was sold to a private owner for €135 million, the equivalent of $142 million. That price makes it the most expensive car known to ever have been sold, according to Hagerty, a company that tracks collector car values.
Money from the sale will be used to establish the Mercedes-Benz Fund, a global scholarship fund, Mercedes said in an announcement.

The previous record sale price for a car was reportedly $70 million paid in 2018 for a 1963 Ferrari 250 GTO.

The Mercedes that was sold was one of only two 300 SLR Uhlenhaut Coupe prototypes. The 67-year-old cars were named for Mercedes' chief engineer at the time, Rudolf Uhlenhaut, and are claimed to have a top speed of 186 mph It was sold at a closed invitation-only auction at the Mercedes-Benz Museum in Stuttgart on May 5. The auction was held in cooperation with auto auction company RM Sotheby's.

The other Uhlenhaut Coupe will remain in the Museum's collection, according to a Mercedes-Benz statement.

"Their racing cars from the 1930s and 1950s are rare, and most are still owned by the factory, so any that come to market are highly sought after," said Brian Rabold, vice president for automotive intelligence at Hagerty.

Mercedes' "Gullwing" SLRs - so-called because of the doors that rise up like curved wings - are considered to be among the world's most desirable cars. And various rare and racing versions are especially valuable.

The SLR Uhlenhaut Coupe was, essentially, a hard-top version of Mercedes' famous open-topped SLR racing car, powered by a 300 horsepower eight-cylinder engine. The thinking was that a closed car would better protect drivers from wind and weather at high speeds, while the closed roof would also improve aerodynamics.

Shortly after the development of these cars, Mercedes stopped its involvement in motorsports, so the cars were never used in competition.

While the identity of the car's new owners remains unknown, British classic car dealer Simon Kidston claimed in a press release to have placed the winning bid on behalf of a customer.
Newsletter

Related Articles

Arab Press
0:00
0:00
Close
Dogfights in the Skies: Airbus on Track to Overtake Boeing and Claim Aviation Supremacy
Tim Cook Promises an AI Revolution at Apple: "One of the Most Significant Technologies of Our Generation"
Are AI Data Centres the Infrastructure of the Future or the Next Crisis?
Miles Worth Billions: How Airlines Generate Huge Profits
Zelenskyy Returns to White House Flanked by European Allies as Trump Pressures Land-Swap Deal with Putin
Beijing is moving into gold and other assets, diversifying away from the dollar
Trump Backs Putin’s Land-for-Peace Proposal Amid Kyiv’s Rejection
Zelenskyy to Visit Washington after Trump–Putin Summit Yields No Agreement
Iranian Protection Offers Chinese Vehicle Shipments a Cost Advantage over Japanese and Korean Makers
United States Sells Luxury Yacht Amadea, Valued at Approximately $325 Million, in First Sale of a Seized Russian Yacht Since the Invasion of Ukraine
Saudi Arabia accelerates renewables to curb domestic oil use
Cristiano Ronaldo and Georgina Rodríguez announce engagement
Asia-Pacific dominates world’s busiest flight routes, with South Korea’s Jeju–Seoul corridor leading global rankings
Private Welsh island with 19th-century fort listed for sale at over £3 million
Sam Altman challenges Elon Musk with plans for Neuralink rival
Australia to Recognize the State of Palestine at UN Assembly
The Collapse of the Programmer Dream: AI Experts Now the Real High-Earners
Armenia and Azerbaijan to Sign US-Brokered Framework Agreement for Nakhchivan Corridor
British Labour Government Utilizes Counter-Terrorism Tools for Social Media Monitoring Against Legitimate Critics
WhatsApp Deletes 6.8 Million Scam Accounts Amid Rising Global Fraud
Texas Residents Face Water Restrictions While AI Data Centers Consume Millions of Gallons
India Rejects U.S. Tariff Threat, Defends Russian Oil Purchases
United States Establishes Strategic Bitcoin Reserve and Digital Asset Stockpile
Thousands of Private ChatGPT Conversations Accidentally Indexed by Google
China Tightens Mineral Controls, Curtailing Critical Inputs for Western Defence Contractors
JPMorgan and Coinbase Unveil Partnership to Let Chase Cardholders Buy Crypto Directly
British Tourist Dies Following Hair Transplant in Turkey, Police Investigate
WhatsApp Users Targeted in New Scam Involving Account Takeovers
Trump Deploys Nuclear Submarines After Threats from Former Russian President Medvedev
Germany’s Economic Breakdown and the Return of Militarization: From Industrial Collapse to a New Offensive Strategy
Germany Enters Fiscal Crisis as Cabinet Approves €174 Billion in New Debt
IMF Upgrades Global Growth Forecast as Weaker Dollar Supports Outlook
Politics is a good business: Barack Obama’s Reported Net Worth Growth, 1990–2025
UN's Top Court Declares Environmental Protection a Legal Obligation Under International Law
"Crazy Thing": OpenAI's Sam Altman Warns Of AI Voice Fraud Crisis In Banking
Japanese Prime Minister Vows to Stay After Coalition Loses Upper House Majority
President Trump Diagnosed with Chronic Venous Insufficiency After Leg Swelling
Man Dies After Being Pulled Into MRI Machine Due to Metal Chain in New York Clinic
FIFA Pressured to Rethink World Cup Calendar Due to Climate Change
Iranian President Reportedly Injured During Israeli Strike on Secret Facility
Kurdistan Workers Party Takes Symbolic Step Towards Peace in Northern Iraq
BRICS Expands Membership with Indonesia and Ten New Partner Countries
Elon Musk Founds a Party Following a Poll on X: "You Wanted It – You Got It!"
AI Raises Alarms Over Long-Term Job Security
Russia Formally Recognizes Taliban Government in Afghanistan
Saudi Arabia Maintains Ties with Iran Despite Israel Conflict
Mediators Edge Closer to Israel-Hamas Ceasefire Agreement
Germany Seeks Taliban Deal to Deport Afghan Migrants
Emirates Airline Expands Market Share with New $20 Million Campaign
Robots Compete in Football Tournament in China Amid Injuries
×