Filed under: Classics, Auctions, Videos, Earnings/Financials, Alfa Romeo, Racing

Economic downturn? What economic downturn? You certainly wouldn't know it from looking at the ever-escalating prices classic cars are fetching at auction. Just ask the people at Bonhams. The noted auctioneers recently set the record at $29 million for the most expensive car ever sold at auction with Juan Manuel Fangio's 1944 Mercedes-Benz W196R, and they also lay claim to the most expensive Aston Martin, Austin-Healey, Bentley, Jaguar, Lagonda, Lotus, Maserati, Rolls-Royce and Talbot-Lago models ever auctioned. And now the auction house has added one more feather to its cap with the racecar you see here.

The car in question is a 1935 Alfa Romeo Tipo C 8C-35 that was driven by famed racer Tazio Nuvolari. It was part of Scuderia Ferrari in the pre-war grand prix days before Enzo started making his own cars. It won a handful of races in its day, but was more notable for putting up a fight against the Silver Arrows fielded by Mercedes-Benz and Audi in the lead up to the Second World War.

That in and of itself was apparently enough to propel the supercharged straight-eight grand prix car into the record books as the most expensive Alfa Romeo ever sold at auction. Chassis number 50013, the only one of its kind still in existence, sold this past weekend at the Goodwood Revival for a whopping £5,937,500 - equivalent to more than $9.4 million at today's exchange rates, and more than enough to eclipse the £4,245,118 ($6.75M) paid three years ago for a '33 Monza 2300. Scroll below to read the official announcement and watch the gavel drop on video.

Continue reading Nuvolari's 1935 Alfa Romeo sells for $9.4 million [w/video]

Nuvolari's 1935 Alfa Romeo sells for $9.4 million [w/video] originally appeared on Autoblog on Tue, 17 Sep 2013 14:31:00 EST. Please see our terms for use of feeds.

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