RE: Hamilton's first AMG F1 car makes £15m

RE: Hamilton's first AMG F1 car makes £15m

Author
Discussion

Bobupndown

1,882 posts

45 months

Monday 20th November 2023
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ralphrj said:
LotusOmega375D] said:
As for Hamilton’s F1 car? I don’t really see the value in it: ugly, unsuccessful and barely usable.
It is a surprising price for an F1 car that few people probably remember.

In comparison this car won the 1993 Monaco Grand Prix in the hands of Ayrton Senna. It was his 5th victory at Monaco which is still a record. It was also his final race around Monaco. The car comes complete with the engine and gearbox used in the race. It sold for €4,197,500 at auction in 2018 - less than a third of the price paid for the Mercedes. I can think of a few reasons why the McLaren may not have sold for quite as much. Teams used to make more cars back then (the McLaren is chassis number 6 of 8) and as their financial position has become less secure McLaren have been more open to selling their heritage cars so the opportunity to buy one is not unique. In comparison, the Mercedes is the only one the team has sold. On the other hand, this McLaren is quite a famous F1 car so I would have expected it to fetch much more.

I know which I'd rather have, and it wasn't driven by whingeing Hamilton!

thegreenhell

15,718 posts

221 months

Monday 20th November 2023
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JJJ. said:
MDMA . said:
LotusOmega375D said:
Not sure what wheels that 190E Evo 2 is wearing.
Description shows it being a heavily modified, non standard car. DTM spec, OZ centre locks.
They look more like Compomotive's with a centre cap covering the five studs.

Regardless, it's fabulous car and must be pushing an extra 30bhp + over standard. Still, it's far closer to an original than a DTM version that auction blurb could lead one to believe.
Not that the seller ever found out what it was like to drive. It's only covered 80km since it was last sold seven years ago, incidentally using exactly the same photos then as now. It only made $220k that time.

JJJ.

1,394 posts

17 months

Monday 20th November 2023
quotequote all
thegreenhell said:
JJJ. said:
MDMA . said:
LotusOmega375D said:
Not sure what wheels that 190E Evo 2 is wearing.
Description shows it being a heavily modified, non standard car. DTM spec, OZ centre locks.
They look more like Compomotive's with a centre cap covering the five studs.

Regardless, it's fabulous car and must be pushing an extra 30bhp + over standard. Still, it's far closer to an original than a DTM version that auction blurb could lead one to believe.
Not that the seller ever found out what it was like to drive. It's only covered 80km since it was last sold seven years ago, incidentally using exactly the same photos then as now. It only made $220k that time.
Wow, some drop. Modifications taken away originallity?


Edited by JJJ. on Monday 20th November 23:38

JJJ.

1,394 posts

17 months

Monday 20th November 2023
quotequote all
Bobupndown said:
I know which I'd rather have, and it wasn't driven by whingeing Hamilton!
Second or even Senna's first F1 car a Toleman.

Muzzer79

10,224 posts

189 months

Monday 20th November 2023
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Bobupndown said:
I know which I'd rather have, and it wasn't driven by whingeing Hamilton!
I wondered how long it would take for the comments to get personal about a guy who isn’t even selling the car……. rolleyes

myhandle

1,198 posts

176 months

Monday 20th November 2023
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The CLK DTM is very cool, however the big point about “federalisation” seems to be misleading. It’s on Show & Display title, which is an exemption for special, rare cars. It doesn’t seem to have been brought up to US federal standard beyond filing for a show & display title. Particular giveaway is US CLK’s had an orange side marker light in the front bumper, this doesn’t have it, and presumably that would have been a very easy change to make if the car really had been brought to true Federal standards.

Terminator X

15,227 posts

206 months

Monday 20th November 2023
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£15m seems a bit of a steal to me. Billionaires won't even notice some loose change is gone.

TX.

JJJ.

1,394 posts

17 months

Monday 20th November 2023
quotequote all
Muzzer79 said:
Bobupndown said:
I know which I'd rather have, and it wasn't driven by whingeing Hamilton!
I wondered how long it would take for the comments to get personal about a guy who isn’t even selling the car……. rolleyes
I don't think the comment is just about Hamilton, it's possibly a reflection on F1 in general.

Edited by JJJ. on Tuesday 21st November 00:28

S600BSB

5,142 posts

108 months

Tuesday 21st November 2023
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Not sure it is really that special?

Spiros115

355 posts

52 months

Tuesday 21st November 2023
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ralphrj said:
LotusOmega375D] said:
As for Hamilton’s F1 car? I don’t really see the value in it: ugly, unsuccessful and barely usable.
It is a surprising price for an F1 car that few people probably remember.

In comparison this car won the 1993 Monaco Grand Prix in the hands of Ayrton Senna. It was his 5th victory at Monaco which is still a record. It was also his final race around Monaco. The car comes complete with the engine and gearbox used in the race. It sold for €4,197,500 at auction in 2018 - less than a third of the price paid for the Mercedes. I can think of a few reasons why the McLaren may not have sold for quite as much. Teams used to make more cars back then (the McLaren is chassis number 6 of 8) and as their financial position has become less secure McLaren have been more open to selling their heritage cars so the opportunity to buy one is not unique. In comparison, the Mercedes is the only one the team has sold. On the other hand, this McLaren is quite a famous F1 car so I would have expected it to fetch much more.

There’s a great YouTube vid of this car with the guys that built it, first thing I thought was how pretty it was and obviously tiny compared to modern cars.

I feel like the prices of modern cars are all about hype, take the recently featured f50 that has basically increased 10 fold in 5 years now fickle journos and collectors are deciding they’re actually pretty good.

Get this featured in a Senna Hollywood blockbuster to compliment the brilliant doc film and sure it’s gonna be a £20m car in a few years…..

Bobupndown

1,882 posts

45 months

Tuesday 21st November 2023
quotequote all
JJJ. said:
Muzzer79 said:
Bobupndown said:
I know which I'd rather have, and it wasn't driven by whingeing Hamilton!
I wondered how long it would take for the comments to get personal about a guy who isn’t even selling the car……. rolleyes
I don't think the comment is just about Hamilton, it's possibly a reflection on F1 in general.

Edited by JJJ. on Tuesday 21st November 00:28
No, I can confirm, it was about Hamilton.

JJJ.

1,394 posts

17 months

Tuesday 21st November 2023
quotequote all
Bobupndown said:
JJJ. said:
Muzzer79 said:
Bobupndown said:
I know which I'd rather have, and it wasn't driven by whingeing Hamilton!
I wondered how long it would take for the comments to get personal about a guy who isn’t even selling the car……. rolleyes
I don't think the comment is just about Hamilton, it's possibly a reflection on F1 in general.

Edited by JJJ. on Tuesday 21st November 00:28
No, I can confirm, it was about Hamilton.
So, you don't agree the F1 circus is more up their own arses than ever? biglaugh

Sandpit Steve

10,357 posts

76 months

Tuesday 21st November 2023
quotequote all
S600BSB said:
Not sure it is really that special?
It does seem a lot of cash, but it’s a 1 of 1, the only car from that year Mercedes have let out of the factory - also the last year of the old V8 powertrains that you have a good chance of getting an independent specialist to be able to run for you, and the only ex-Hamilton Mercedes that’s not a turbo hybrid.

Fingers crossed we can see it running up the hill at Goodwood next year. Come on new owner, you know you want to! driving

mylesmcd

2,540 posts

221 months

Tuesday 21st November 2023
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Hahaha, and the only place they could photography it was Modena!

Brilliant!

thelostboy

4,590 posts

227 months

Thursday 23rd November 2023
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ralphrj said:
LotusOmega375D] said:
As for Hamilton’s F1 car? I don’t really see the value in it: ugly, unsuccessful and barely usable.
It is a surprising price for an F1 car that few people probably remember.

In comparison this car won the 1993 Monaco Grand Prix in the hands of Ayrton Senna. It was his 5th victory at Monaco which is still a record. It was also his final race around Monaco. The car comes complete with the engine and gearbox used in the race. It sold for €4,197,500 at auction in 2018 - less than a third of the price paid for the Mercedes. I can think of a few reasons why the McLaren may not have sold for quite as much. Teams used to make more cars back then (the McLaren is chassis number 6 of 8) and as their financial position has become less secure McLaren have been more open to selling their heritage cars so the opportunity to buy one is not unique. In comparison, the Mercedes is the only one the team has sold. On the other hand, this McLaren is quite a famous F1 car so I would have expected it to fetch much more.

I'm not sure £15m is so much, more like Ayrton's car is a bargain. Wonder what it would go for again today if re-auctioned?

As you have pointed out, the Mercedes was touted as a one-time opportunity. That's some bragging rights there. Still less than what someone has paid for a comparatively plentiful McLaren F1, and far, far behind the 300 SLR that sold last year for $135m.

Easy to forget that for the people buying these cars, it's not a question of "Shall I buy this, or that?" - they already own the others.

nismo48

3,846 posts

209 months

Friday 24th November 2023
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Motormouth88 said:
That evo 2 and dtm oh my lordy
Lovely