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A Lewis Hamilton McLaren Heads to Auction

Bhupender SainiJul 16, 2021Sports
A Lewis Hamilton McLaren Heads to Auction

For the first time, a car driven by the seven-time Formula 1 champion Lewis Hamilton of England is being offered at auction. The McLaren MP4-25A will be sold by RM Sotheby’s on Saturday at the Silverstone track during the British Grand Prix weekend.

The car has a presale estimate of $5 million to $7 million.

Hamilton drove the car in 2010, winning three Grands Prix, in Turkey, Canada and Belgium. He finished fourth in the drivers’ standings, 16 points behind Sebastian Vettel of Red Bull.

“No Lewis Hamilton Formula 1 car has come on to the public market before, and the fact it’s a race-winning car adds to the interest around it,” said Peter Haynes, RM Sotheby’s public relations and marketing director.

“It’s a British car that was driven by a British driver being sold at a British Grand Prix. All of those things dovetail together nicely.”

The car has been owned for several years by someone with a “particularly close relationship with McLaren,” Haynes said. Because of a confidentiality agreement, the company would not disclose the name of the owner.

RM Sotheby’s has worked with Formula 1 to provide the setting for the auction. On Saturday, the car will be driven around the track by Mika Hakkinen, who won two titles with McLaren, in 1998 and 1999.

“With a unique proposition like this we owed it to ourselves to find an interesting way to sell it,” Haynes said. “The easiest thing would have been to put it in a conventional auction and have it on a plinth while the auctioneer does his thing.”

RM Sotheby’s conducted an auction on the starting grid of the Yas Marina Circuit in Abu Dhabi before the 2019 Grand Prix. The company sold a Ferrari F2002, driven by Michael Schumacher of Germany, for about $6.6 million.