The Most Valuable Car in the World: Mercedes-Benz 300 SLR Uhlenhaut Coupe Sold for an All-time Record Price of 135 Million EUR to Establish “Mercedes-Benz Fund”
May 19 2022 - 1:30PM
Business Wire
- All time record: One of two ultra-rare original 300 SLR
Uhlenhaut Coupes from the Mercedes-Benz Classic Collection has been
auctioned for 135 million EUR to a private collector, making it the
most valuable car of all time.
- Using this value to drive change: 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 decarbonization for young people.
A Mercedes-Benz 300 SLR Uhlenhaut Coupe from 1955 has been sold
at auction for a record price of 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.
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The most valuable car in the world:
Mercedes-Benz 300 SLR Uhlenhaut Coupé sold for an all-time record
price of 135 million EUR to establish “Mercedes-Benz Fund” (Photo:
Business Wire)
“The 300 SLR Uhlenhaut Coupes are milestones in sports car
development and key historical elements that have shaped our brand.
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,” says
Ola Källenius, CEO of Mercedes-Benz Group AG. “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 great level
of responsibility towards society,” says Renata Jungo Brüngger,
Member of the Board of Management of Mercedes-Benz Group AG for
Integrity and Legal Affairs, who is responsible for the governance
of the “Mercedes-Benz Fund“. “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. 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.”
Seed capital for scholarship
program from proceeds
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.
History and auction of 300 SLR Uhlenhaut Coupe
The sale of the 300 SLR Uhlenhaut Coupe took place on May 5th at
an auction held at the Mercedes-Benz Museum in cooperation with
renowned auctioneer RM Sotheby’s. The invitees were among selected
Mercedes-Benz customers and international collectors of cars and
art, who share the corporate values of Mercedes-Benz. The 300 SLR
Uhlenhaut Coupe sold at auction was part of the non-public vehicle
collection belonging to Mercedes-Benz Classic, comprising more than
1100 automobiles from the invention of the automobile in 1886 until
today.
“We are proud that we can contribute with our historical
collection to this initiative connecting the past with the future
of engineering and decarbonization technology,” says Marcus
Breitschwerdt, Head of Mercedes‑Benz Heritage. “The private buyer
has agreed that the 300 SLR Uhlenhaut Coupe will remain accessible
for public display on special occasions, while the second original
300 SLR Coupe remains in company ownership and will continue to be
displayed at the Mercedes-Benz Museum in Stuttgart.“
The special circumstances behind its creation, its unique design
and its innovative technology have endowed the 300 SLR Uhlenhaut
Coupe with a remarkable level of mystique that endures to this day.
The design of the 300 SLR Uhlenhaut Coupe set benchmarks that put
it among the world’s most significant automotive icons – not least
on account of its distinctive “gullwing” doors. Added to this is
the outstanding performance delivered by its thoroughbred racing
technology. Together, both have secured the 300 SLR Uhlenhaut Coupe
its acclaimed position in sports car mythology and a very special
place in the hearts of Mercedes fans around the world.
More information about the Mercedes-Benz 300 SLR Uhlenhaut Coupe
is available in our web special.
Further information about Mercedes-Benz is available at
www.mercedes-benz.com. Press information and digital services for
journalists and multipliers can be found on our Mercedes me media
online platform at media.mercedes-benz.com as well as on our
Mercedes-Benz media site at group-media.mercedes-benz.com. Learn
more about current topics and events related to Mercedes-Benz Cars
& Vans on our @MB_Press Twitter channel at
www.twitter.com/MB_Press.
Mercedes-Benz AG at a glance
Mercedes‑Benz AG is responsible for the global business of
Mercedes‑Benz Cars and Mercedes‑Benz Vans, with around 172,000
employees worldwide. Ola Källenius is Chairman of the Board of
Management of Mercedes‑Benz AG. The company focuses on the
development, production and sales of passenger cars, vans and
vehicle-related services. Furthermore, the company aspires to be
the leader in the fields of electric mobility and vehicle software.
The product portfolio comprises the Mercedes‑Benz brand with the
brands of Mercedes‑AMG, Mercedes‑Maybach, Mercedes‑EQ, G‑Class as
well as products of the smart brand. The Mercedes me brand offers
access to the digital services from Mercedes‑Benz. Mercedes‑Benz AG
is one of the world's largest manufacturers of luxury passenger
cars. In 2021 it sold around 1.9 million passenger cars and nearly
386,200 vans. In its two business segments, Mercedes‑Benz AG is
continually expanding its worldwide production network with around
35 production sites on four continents, while gearing itself to
meet the requirements of electric mobility. At the same time, the
company is constructing and extending its global battery production
network on three continents. As sustainability is the guiding
principle of the Mercedes‑Benz strategy and for the company itself,
this means creating lasting value for all stakeholders: for
customers, employees, investors, business partners and society as a
whole. The basis for this is the sustainable business strategy of
the Mercedes‑Benz Group. The company thus takes responsibility for
the economic, ecological and social effects of its business
activities and looks at the entire value chain.
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version on businesswire.com: https://www.businesswire.com/news/home/20220519005761/en/
Miriam Weiss, phone: +49 160 86 28 913,
miriam.weiss@mercedes-benz.com Andrea Berg, phone: +1 917 667 2391,
andrea.a.berg@mercedes-benz.com Michael Minielly, phone: +1 347 803
5215, michael.minielly@mbusa.com Ashley Gillam, phone: +1 404 670
8772, Ashley.gillam@mbusa.com
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