RM Sotheby’s Sold 1955 Mercedes-Benz 300 SLR Uhlenhaut For €135,000,000

A 1955 Mercedes-Benz 300 SLR Uhlenhaut Coupé from 1955 has been sold at auction for a record price of €135,000,000 to a private collector. The car, which is one of two created in 1955, has always been regarded as one of the great jewels of motoring history, but few ever imagined that it would be offered for sale.

One of just two prototypes built by the Mercedes-Benz racing department, the car is named after its creator and chief engineer, Rudolf Uhlenhaut, and is considered to be one of the finest examples of automotive engineering and design, often cited as being ‘the most beautiful car in the world’ by automotive experts and enthusiasts worldwide.

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  • The 1955 Mercedes-Benz 300 SLR Uhlenhaut Coupé has been sold at auction for a record price of €135 million to a private collector
  • An icon of the automotive world, the car is one of just two prototypes built and named after its creator and chief engineer, Rudolf Uhlenhaut
  • The car has been owned by Mercedes-Benz since its creation in 1955 and its selling price exceeds the previous record price for a car by more than €90,000,000 and places the car in the top 10 most valuable items ever sold at auction in any collecting category

The remarkable 300 SLR was based on the hugely successful W 196 R Grand Prix car which won two World Championships in the hands of Juan Manuel Fangio, but with its engine enlarged to 3.0 litres for sports car racing. The car was capable of 180 mph, making it one of the fastest road legal cars to have ever been created at the time.

The sale of the 300 SLR Uhlenhaut Coupé took place on May 5th at an auction held at the Mercedes­Benz Museum in Stuttgart, with RM Sotheby’s working in close cooperation with Mercedes-Benz throughout the entire process to ensure the sale was concluded to the highest possible standard. Among the invitees were selected Mercedes customers and international collectors of cars and art who share the corporate values of Mercedes-Benz.

The winning bid on the car was an incredible €135,000,000, making it the most valuable car ever sold and a price which exceeds the existing record by more the €90,000,000. In what felt like a surreal experience, the bidding opened at a price higher than the selling price of the 1962 Ferrari 250 GTO sold by RM Sotheby’s in 2018, the car which previously ranked as the most valuable ever sold at auction. The 300 SLR now sits in the top ten most valuable items ever sold at auction. The proceeds will be used to establish a worldwide “Mercedes-Benz Fund” that will provide educational and research scholarships in the areas of environmental science and decarbonisation for young people.

“We are proud that we can contribute with our historical collection to this initiative connecting the past with the future of engineering and decarbonisation technology”, says Marcus Breitschwerdt, Head of Mercedes-Benz Heritage. “The private buyer has agreed that the 300 SLR Uhlenhaut Coupé will remain accessible for public display on special occasions, while the second original 300 SLR Coupé remains in company ownership and will continue to be displayed at the Mercedes-Benz Museum in Stuttgart.”

Speaking on behalf of RM Sotheby’s, Peter Wallman, Chairman, UK & EMEA, said: “Words can’t really do justice to the importance and significance of this sale. It’s reasonable to say that nobody ever imagined that this car would ever be offered for sale, so for Mercedes-Benz to ask RM Sotheby’s to conduct the auction was an absolute honour.”

Oliver Barker, Chairman of Sotheby’s Europe, said “What an absolute thrill to bring the hammer down on this masterpiece of design and engineering, which now stands shoulder to shoulder with the greatest works of art ever sold. Few ever dreamt that this great jewel of motoring history would ever come for sale, and how fitting that it should happen now, just as we embark on a new and exciting chapter with our partners at RM Sotheby’s.

Away from Formula 1, Mercedes-Benz demonstrated its assured capability in all forms of racing, ably proven by Moss, who drove the open-top 300 SLR to legendary victories at the Mille Miglia, Targa Florio, and RAC Tourist Trophy in 1955. In the wake of this runaway success, the famous marque’s involvement with racing would end abruptly following the tragic 1955 edition of Le Mans.

Introducing Rudolf Uhlenhaut

The influence of one man in shaping the trajectory of Mercedes-Benz in the fallout of the 1955 Le Mans tragedy cannot be underestimated. Rudolf Uhlenhaut, employed as a designer and engineer at the Stuttgart marque since 1931, had led research on many of the most evocative Silver Arrows of that era from the Grand Prix-conquering W196 and other F1 cars before it, to the utterly dominant open-top 300 SLR.

In particular, Uhlenhaut’s 300 SLR won acclaim as a highly competitive car, typifying the development capabilities and strength of racing cars made by Mercedes-Benz. While it would bear a strong visual resemblance to two of Uhlenhaut’s other noteworthy designs—namely the W194 that won in Le Mans in 1952, and the 300 SL Gullwing that at that time was being prepared in road-going specification for series production—the underpinnings of the 300 SLR were most closely connected to the W196 that propelled Mercedes-Benz to F1 success in 1954 and 1955.

Similarities between the 300 SL and 300 SLR could be made by name, though the “Rennsport”—or racing—addition to the nomenclature hints at the intention to perform. The monoposto layout of the W196 was adapted to allow space for two seats in the open-top 300 SLR, further to the addition of headlights, while engine displacement was increased to 3.0-litres, and other subtle tweaks were made to move the model away from the stripped-back nature of Grand Prix racing, with a view to competing in long and gruelling endurance events.

The withdrawal from motorsport by Mercedes-Benz after the Le Mans crash meant that Uhlenhaut’s role had changed, taking emphasis away from the engineering of competition machines and instead focussing on series-production models as Head of Development for Passenger Cars—though he did retain the remit of overseeing racing car production. Even though no cars were campaigned competitively, Mercedes-Benz would go on to become renowned for its sports car designs.

The 300 SLR ‘Uhlenhaut Coupé’

Campaigned by the Works team of Mercedes-Benz as an out-and-out racer, the competition-spec 300 SLR was almost instantly rendered redundant after the crash at Le Mans forced the company’s hand. The rolling chassis that were left did not go to waste, however. Uhlenhaut had already begun plans for a tin-top version of the 300 SLR—even before the incident at Le Mans—instructing that two cars be built based on the W196 chassis, with the intention of competing in the Carrera Panamericana. The firm’s unexpected departure from top-flight racing quashed any plans for production of the 300 SLR coupé on a greater scale, but allowed Uhlenhaut to transform the now-stillborn SLR Coupé project from the toughest endurance racing car into the greatest prototype road car the world had ever seen.

Remarkably, Uhlenhaut would go on to develop two of the W196-based 300 SLR mulo rolling chassis as road-going cars. Beneath its skin, the 300 SLR in coupé form was clearly derived from a racing car. Its uncompromising driving position, accessed via the innovative “gull wing” doors, forced occupants to fold themselves into position—most drivers having to remove the quick-release steering wheel to fit inside. Just like the F1 car, the mechanical workings of the 300 SLR dominate its interior space, with pilots straddling a large drivetrain tunnel with pedals on either side.

Inboard drum brakes are accommodated in the engine bay, to help reduce unsprung weight. The accelerator pedal is dressed in leather to reduce foot slippage while driving. A heating system is as rudimentary as a hinged flap on the engine firewall that allows heat to escape from the engine bay and into the cabin. A large fuel tank fills the boot, crowned by two spare wheels—surely the sign of a racing car fit to do battle over great distances. The weight of the 300 SLR ‘Uhlenhaut Coupé’ was rated at just 998 kg from the factory—an incredible feat of engineering, made possible by extensive use of ultra-lightweight “Elektron” magnesium material for the bodywork.

The 3.0-litre, front-mounted, straight-eight engine connects to one of the car’s most distinguishing features: twin exhausts that exit via side-mounted gills positioned halfway across the length of the 300 SLR. Upon firing into life, the engine roars through these near-unsilenced pipes, and it is said that Uhlenhaut became hard-of-hearing in later life because of the noise of his fearsome coupé creation. Indeed, the English-born designer was hardly shy when it came to driving the car. Of the two made, he assumed ownership of one to use as his company car. Uhlenhaut would drive the 300 SLR regularly, and it is said that—running late for a meeting—he made full use of the 300 SLRs performance on the autobahn, covering roughly 230 km between Stuttgart and Munich in under an hour.

Chassis 196.110-00008/55

This hugely significant machine is the second of only two examples of the ‘Uhlenhaut Coupé’ ever made. Initial construction took place in December 1955, then six months later an Eberspächer silencer was installed. One week later, on 29 June 1956, the car was deemed ready to drive. Incredibly, it has been retained by Mercedes-Benz since the first time it left the factory. In the earliest years of its existence, the car served to fulfil demonstration drives around Europe with dignitaries such as the Duke of Kent and Lord Brabazon, and is known to have been used by the company in the U.S.A. between 1961 and 1963. From the mid-1960s onwards, the 300 SLR was exhibited by Mercedes-Benz at numerous events.

Between January to July in 1986, the car was sent to Tony Merrick, one of the pre-eminent historic vehicle restorers and race preparation specialists of his era. Full correspondence between Mr Merrick and Mercedes-Benz is documented on file, together with invoices for the work, further to a Technical Condition Report carried out by Mercedes-Benz in 2022.

Following the restoration work, the car attended the Oldtimer Grand Prix at the Nürburgring in August 1986, before appearing in a feature article in Road & Track magazine, later appearing at the Geneva International Motor Show in 1988. Extended display at a number of noteworthy museums followed, with the occasional appearance at high-level motorsport and concours d’elegance events, including outings at the Goodwood Festival of Speed, the 1999 German Grand Prix at Hockenheim, and the Pebble Beach Concours d’Elegance in 2001, as well as appearing in the Mercedes-Benz SLR McLaren brochure when launched in 2003. Chassis 196.110-00008/55 boasts a long and storied list of appearances at many official Mercedes-Benz events, always heralded by the manufacturer as a significant milestone in its history, and at the forefront of the marque’s global marketing campaigns.

Now offered for private auction for the first time, the incomparable significance of this Mercedes-Benz positions it among the most important automobiles ever offered for sale. The once-in-a-lifetime opportunity to acquire this piece of Mercedes-Benz history cannot be overlooked. Its stunning shape, innovative period features, and fearsome performance will be enough for most to appreciate this car as an all-time legend of automotive design—and its incredible history only adds to its appeal. No other 300 SLR exists in private hands and the chance to acquire such a car, direct from years of company ownership, will surely never be repeated.


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