Bonhams Smashes Record After £10m Aston Martin Sale

    Photo by Pete via Flickr

    Yesterday, Bonhams, an auction house, broke the record for the most valuable British car sold at a European auction after it was able to sell an Aston Martin for more than £10 million.

    The 1961 Aston Martin DB4GT Zagato was sold for a record-breaking £10,081,500. Reportedly, the said vehicle was once raced by the legendary Jim Clark, a two-time F1 world champion. The 1961 iconic ‘2 VEV’ earned its credentials at Le Mans and at the RAC Tourist trophy among other events. It was owned by Essex Racing Stable for the past 47 years. The value of the car is defined by the fact that it was one of only two of the legendary ‘VEV’ quasi-works cars, and that it was built to a rare ultra-light DP209 specification.

    The car was reportedly sold in the room to a buyer from Europe.

    The lot was part of the Festival of Speed sale of the auction house at Goodwood which had sales that amount to more than £32 million in total.

    The group motoring chairman of Bonhams, James Knight, stated: ‘”In 34 years in this business I’ve handled around 35,000 cars for sale.”

    He continued: “But every now again you get to handle something very special. And sometimes it’s something very very special.”

    The other lots included a 1957 BMW 507 Roadster which was sold for £3.8 million. Bonhams said that it is a world record price for a BMW that was sold at an auction.

    Racing cars were also popular during the auction. A Ferrari 1932-34 Alfa Romeo Tipo B Grand Prix Monoposto was sold for £4,593,500.

    Other highlights of the said auction include a 1965 Aston Martin DB5 Sports Saloon which was sold for £1.9 million and a 1931 Bentley 4½-Litre Supercharged Tourer ‘Blower’ going and a 2012 Bugatti Veyron Super Sports Coupe which was both sold for more than £2 million.

    Aston Martin, a British car marque, that became popular after it was seen in the James Bond movies, is currently preparing a float that could value the company at more than £4 billion.

    Seven banks were reportedly appointed as book runners for the said listing which is being planned for New York or London.