Considered by many as the greatest F1 driver ever, Juan Manuel Fangio’s legacy lives on as the W196 Mercedes he raced in 1954, the year he won his second World Championship, sold for a record price of £19.6 ($29.6M) at the Goodwood Festival of Speed’s auction.

This amazing piece of racing history was one of two produced at Fangio’s request without covered wheels so he could position the car more accurately on the track while driving.

This is the most valuable car ever sold at auction, beating the 2011 sale price of a Ferrari by £9.6M. It is the highest price ever fetched by an F1 car or a Mercedes of any kind.