£3.2 Million Worth Of Classics Sold At Silverstone’s May Sale

May 24, 2016 By Mike Lee
Last updated on May 24, 2016

1962 Mercedes-Benz 190 SL
On its return to Silverstone circuit for the May Sale on Friday 20th May, Silverstone Auctions sold 70% of the best of breed classics on offer, for a total sales value of £3.2million.

Four of Lamborghini’s finest went under the hammer at the home of British motorsport, including a rare and highly collectible 1983 Lamborghini Countach 5000 S, selling for £281,250 including premium. Sitting proudly opposite in the auction hall, a 1989 Lamborghini Countach 25th Anniversary edition sold for £241,875, while a 1988 Jalpa 3.5 Targa sold for £58,500.

Other Italian classics that caught the attention of buyers were a stunning 1964 Alfa Romeo 2600 Spider by Touring. The elegant, rare, right-hand drive example had enjoyed extensive recommissioning by marque specialists and sold for a fantastic £82,688, more than £30,000 over its lower estimate.

Another incredibly rare right-hand drive model, a 1962 Maserati Sebring Series I, thought to be one of only 10 made, sold for £196,875, and a 1987 Ferraris Testarossa, beautifully maintained with just 12,425 miles from new, sold for £120,375.

With no less than eight telephone bidders joining huge demand in the room and from an international audience online, a 1962 Mercedes-Benz 190SL was successfully hammered away after a lengthy bidding war for £101,813, more than £30,000 over its lower estimate. Not only that, but a 1969 Mercedes-Benz 280SL Pagoda, a UK supplied right-hand drive example, sold for £60,750, more than £15,000 over its lower estimate.

Speaking just after the auction, Nick Whale, managing director of Silverstone Auctions, was pleased to report on another successful sale: “We’re delighted to return great prices to our vendors in our first sale of the year at Silverstone race circuit. Once again, I believe we put together a fantastic catalogue with a wide selection of high pedigree classics.”

With Japanese performance cars beginning to make headway in the classic market, a 1998 Subaru Impreza 22B STi sold for £73,125. Not just any Impreza, the car is one of just 400 cars built and was supplied new to boxer Prince Naseem. With just 2,500 miles covered and unique details, the car was in high demand from collectors and sold for more than £13,000 over its lower estimate.

Continuing to prove in demand with collectors, two beautiful Aston Martins sold for strong prices. A 1955 Aston Martin DB2/4, owned by the vendor for 40 years, sold for £151,875, and a 1986 Aston Martin V8 Volante sold for £137,250.

Silverstone Auctions’ next sale takes place at the Classic Race Aarhus in Denmark this weekend, Saturday 28th and Sunday 29th May. Nearly 100 cars will be going under the hammer at the prestigious motorsport festival.

Silverstone Auctions return to the UK for three days’ of sales at the Silverstone Classic on 28th to 31st July. Entries are now being invited into these sales so those looking to sell a classic car with the support and expertise of Silverstone Auctions are encouraged to get in touch soon.

Nick added: “It’s been a great start to the summer auction season and I look forward to welcoming customers old and new to our next sales very soon.”

For the full list of results from the May Sale visit https://www.silverstoneauctions.com/the-may-sale-2016/view_lots/type/automobiles/pn/all.