Autos

McLaren F1 sells for $20.5 million, the most expensive car auctioned this year

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1995 McLaren F1

Photo: Mike Maez | Gooding & Co.

A McLaren F1 was auctioned at Pebble Beach on Friday night for $20.5 million, showing the continued strength of the classic car market.

Gooding & Co. auctioned off the rare McLaren F1 to a packed and excited crowd, blowing past its estimate of at least $15 million. The F1, one of the most prized collector cars for its rarity and place in auto history, became the most expensive car auctioned this year and the most expensive McLaren F1 ever sold.

The sale offered proof that after a pause in auctions of hyper-priced cars during the coronavirus pandemic, sales of seven-figure and eight-figure cars remain especially strong.

1995 McLaren F1

Photo:…



Source cnbc.com

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