Alabama Newscenter — This $142 million Mercedes is the world’s most valuable car

By Hannah Elliott
Bloomberg

On May 5, a 1955 Mercedes-Benz 300 SLR Uhlenhaut Coupe sold for $142 million during an auction at the Mercedes-Benz Museum in Stuttgart, Germany. It was the highest price ever paid for a car at auction, soundly beating the eight-figure Ferrari sales that had long topped the blue-chip billing.

Named after its creator and chief engineer, Rudolf Uhlenhaut, the car is one of just two prototypes built at the time.

“The proceeds from the sale of the 300 SLR Uhlenhaut Coupe provide us with a unique opportunity to strengthen our commitment with a long-term flagship project: We will establish the global scholarship program Mercedes-Benz Fund supporting young people in their studies, commitment and actions towards a more sustainable future,” said Renata Jungo Brüngger, Integrity and Legal Affairs member of the board of management of Mercedes-Benz Group AG. “We are convinced that access to education in these areas will be crucial in encountering the great challenges of our time and contribute to greater stability, prosperity and social cohesion.”

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