Buy a Car Owned by Fangio for Far Less Than $29.6 Million

Earlier this summer, Juan Manuel Fangio’s Mercedes grand prix racer sold for $29.6 million at auction, the highest auction price ever for a car. Most people do not have that much money to spend on a car, but Silverstone Auctions in the UK is selling another Fangio car that should go for significantly less on November 15 and 16.

The car is a 1970 IKAIKAArgentina, 1956 > 19751 model
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-RenaultRenaultFrance, 1898 > present189 models
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TorinoRenault TorinoArgentina, 1966 > 19822 versions
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380S that Fangio used to drive back and forth to the racetrack. The sale includes documents proving Fangio’s ownership, including insurance documents, service cars and his international license.

“We are very proud to have been chosen by his family to present his prized model to the global market from our sale in the UK,” said Nick Whale, Silverstone Auctions’ managing director.

The car is being sold with no reserve in original, unrestored condition and has not been touched since Fangio died in 1995.

IKA, Industrias Kaiser Argentina, was created as a joint venture between Kaiser MotorsKaiserUnited States of America, 1945 > 19554 models
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from America, and the Argentinian government in 1955. In the 60s, the company wanted to create its own, uniquely Argentinian model instead of assembling foreign cars.

The Torino took the platform from the Rambler AmericanRambler American Gen.2United States of America, 1961 > 19634 versions
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and added a new exterior and interior designed by PininfarinaPininfarinaItaly, 1930 > present17 models
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. The engines were a copy of Jeep’sJeepUnited States of America, 1941 > present33 models
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inline-six engines that were built in Argentina. The top models added Weber carbs to make 215hp.

The Torino was hugely successful in Argentina and seen as the country’s national car. It was popular as a stock car racing platform, and came in third in the 84-hour race around the Nürburgring.

Production lasted from 1966 to 1982. Renault bought IKA in 1978, and other than a styling refresh kept the Torino in production without major mechanical changes.