A streamlined Mercedes raced by Formula One greats Stirling Moss and Juan Manuel Fangio in 1955 set a record for a grand prix car on Saturday, selling at auction for €51.2 million ($53m).

The Mercedes-Benz W 196 R Stromlinienwagen has set a new record, selling for $53,917,370 at a recent auction, making it the most expensive Grand Prix racing car

The Mercedes-Benz W196 R Stromlinienwagen is set to be auctioned this weekend and is currently valued at $52,6 million dollars by RM Sotheby's. Should it be sold for even half of that, it would still set the record as the most expensive F1 car ever to be sold at an auction.