Classic Mercedes Sells for $142 Million

By Staff Writer May 20, 2022

A Mercedes-Benz 300 SLR Uhlenhaut Coupe from 1955 has been sold at auction for a record price of $142 million (135 million EUR) to a private collector. This icon of automotive history is an absolute rarity – one of just two prototypes built at the time. Named after its creator and chief engineer, Rudolf Uhlenhaut, it is considered to be one of the finest examples of automotive engineering and design by automotive experts and enthusiasts worldwide.

“The 300 SLR Uhlenhaut Coupes are milestones in sports car development and key historical elements that have shaped our brand,” said Ola Källenius, CEO of Mercedes-Benz Group AG.  “The decision to sell one of these two unique sports cars was taken with very sound reasoning – to benefit a good cause. The proceeds from the auction will fund a global scholarship program. With the ‘Mercedes-Benz Fund’ we would like to encourage a new generation to follow in Rudolf Uhlenhaut’s innovative footsteps and develop amazing new technologies, particularly those that support the critical goal of decarbonization and resource preservation.

“At the same time, achieving the highest price ever paid for a vehicle is extraordinary and humbling: A Mercedes-Benz is by far the most valuable car in the world.”

“As a global company and as a luxury brand we bear a

The proceeds from the auction of the 300 SLR Uhlenhaut Coupe serve as seed capital for the global initiative. Mercedes-Benz is committed to investing additional resources in the coming years. The Mercedes‑Benz Fund will be divided into two sub-categories: University Scholarships in order to connect, educate and encourage students to realize/conduct research on environmental science projects and School Scholarships focusing on pupils to realize local environmental projects in their communities. The program funds will be directed to individuals who otherwise do not have the financial means for their projects and career paths. The program will go beyond financially supporting the young people and include extracurricular elements like Mercedes-Benz mentorships opening up new career prospects. The “Mercedes‑Benz Fund” will be jointly developed with and managed by an experienced partner which is currently being evaluated. The detailed set-up and roll-out planning as well as the partner organization will be announced later this year.

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Last modified on Monday, 23 May 2022 10:10