Juan Manuel Fangio's Formula 1 car sells for £17.5 million

The car that took five-time champion Juan Manuel Fangio to the second of his Formula 1 world titles commanded a truly astonishing price tag at an auction at the Goodwood Festival of Speed this weekend.

The 1954 Mercedes-Benz W196R Formula 1 single-seater sold for a record-breaking figure of £19,601,500, including taxes and commission, making it one of the most expensive cars ever sold at auction.