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Classic Cars

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

It is a 1970 IKA Torino 380S

 
 
Slideshow
The Torino is considered the national car of Argentina

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 IKAIKAIKAArgentina, 1956 > 19751 model
1 photo
-RenaultRenaultRenaultFrance, 1898 > present189 models
6114 photos
17 videos
TorinoTorinoRenault TorinoArgentina, 1966 > 19822 versions
3 photos
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 MotorsKaiserKaiserUnited States of America, 1945 > 19554 models
32 photos
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 AmericanAmerican Gen.2Rambler American Gen.2United States of America, 1961 > 19634 versions
1 photo
and added a new exterior and interior designed by PininfarinaPininfarinaPininfarinaItaly, 1930 > present17 models
109 photos
1 video
. The engines were a copy of Jeep’sJeepJeepUnited States of America, 1941 > present33 models
966 photos
4 videos
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.

Encyclopedia
IKAIKA
TorinoTorino
Torino 300Torino 300
Engine
Straight 6
Displacement
181 cu in
Top Speed
93 mph
Transmission
4, Manual
Maximum power
122 hp @ 4700 rpm
Type
Saloon (sedan)
Fuel
Petrol
Fuel consumption (combined)
--
price
--
annual ownership cost
$ 1.042

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