Vintage Mercedes Fetches Record €135 MN at Auction

A 1955 Mercedes-Benz 300 SLR Uhlenhaut became the most expensive car ever sold after fetching 135 million euros at auction - Mercedes-Benz AG/AFP
A 1955 Mercedes-Benz 300 SLR Uhlenhaut became the most expensive car ever sold after fetching 135 million euros at auction - Mercedes-Benz AG/AFP
TT

Vintage Mercedes Fetches Record €135 MN at Auction

A 1955 Mercedes-Benz 300 SLR Uhlenhaut became the most expensive car ever sold after fetching 135 million euros at auction - Mercedes-Benz AG/AFP
A 1955 Mercedes-Benz 300 SLR Uhlenhaut became the most expensive car ever sold after fetching 135 million euros at auction - Mercedes-Benz AG/AFP

A 1955 Mercedes-Benz, one of only two of its kind, was auctioned off earlier this month for a whopping 135 million euros ($143 million), making it the most expensive car ever sold, RM Sotheby's announced Thursday.

The Mercedes-Benz 300 SLR Uhlenhaut was sold to a private collector, the classic car auction company said in a statement, fetching almost triple the previous record price for a car, which was set in 2018 by a 1962 Ferrari 250 GTO that went for over $48 million, AFP said.

The invitation-only auction took place on May 5 at the MercedesBenz Museum in Stuttgart, Germany, the auction house said, adding that the vehicle's high price places it in the "top 10 most valuable items ever sold at auction in any collecting category".

According to an AFP ranking of artworks sold at auction in recent years, the 300 SLR ranks sixth or seventh, with the all-time record being held by Leonardo da Vinci's "Salvator Mundi", which sold in November 2017 for $450.3 million.

Next is "Shot Sage Blue Marilyn" by Andy Warhol, which also sold this month for $195 million.

The car is one of just two prototypes built by the Mercedes-Benz racing department and is named after its creator and chief engineer, Rudolf Uhlenhaut, according to RM Sotheby's.

"The private buyer has agreed that the 300 SLR Uhlenhaut Coupe will remain accessible for public display on special occasions, while the second original 300 SLR Coupe remains in company ownership and will continue to be displayed at the Mercedes-Benz Museum in Stuttgart," the auction company added.

According to RM Sotheby's and press reports, the 300 SLR, recognizable by its unusual lines and butterfly doors, was modelled on the W196 R Grand Prix race car, which won two Formula 1 world championships in 1954 and 1955 with Italian Juan Manuel Fangio in the driver's seat.

But in June 1955, tragedy struck the Mercedes-Benz team, when at the 24 Hours of Le Mans race, a crash of one of its 300 SLR vehicles killed French driver Pierre Levegh and 83 spectators.

That tragedy -- the deadliest in the history of motor racing -- forced the company to withdraw from the sport for years.

RM Sotheby's said the proceeds from the auction will be used to establish a worldwide Mercedes-Benz Fund that will fund environmental science and decarbonization research.



Climate Change Causing More Change in Rainfall, Fiercer Typhoons, Scientists Say 

People and vehicles wade through the water along a street that was flooded by Typhoon Gaemi in Kaohsiung on July 25, 2024. (AFP)
People and vehicles wade through the water along a street that was flooded by Typhoon Gaemi in Kaohsiung on July 25, 2024. (AFP)
TT

Climate Change Causing More Change in Rainfall, Fiercer Typhoons, Scientists Say 

People and vehicles wade through the water along a street that was flooded by Typhoon Gaemi in Kaohsiung on July 25, 2024. (AFP)
People and vehicles wade through the water along a street that was flooded by Typhoon Gaemi in Kaohsiung on July 25, 2024. (AFP)

Climate change is driving changes in rainfall patterns across the world, scientists said in a paper published on Friday, which could also be intensifying typhoons and other tropical storms.

Taiwan, the Philippines and then China were lashed by the year's most powerful typhoon this week, with schools, businesses and financial markets shut as wind speeds surged up to 227 kph (141 mph). On China's eastern coast, hundreds of thousands of people were evacuated ahead of landfall on Thursday.

Stronger tropical storms are part of a wider phenomenon of weather extremes driven by higher temperatures, scientists say.

Researchers led by Zhang Wenxia at the China Academy of Sciences studied historical meteorological data and found about 75% of the world's land area had seen a rise in "precipitation variability" or wider swings between wet and dry weather.

Warming temperatures have enhanced the ability of the atmosphere to hold moisture, which is causing wider fluctuations in rainfall, the researchers said in a paper published by the Science journal.

"(Variability) has increased in most places, including Australia, which means rainier rain periods and drier dry periods," said Steven Sherwood, a scientist at the Climate Change Research Center at the University of New South Wales, who was not involved in the study.

"This is going to increase as global warming continues, enhancing the chances of droughts and/or floods."

FEWER, BUT MORE INTENSE, STORMS

Scientists believe that climate change is also reshaping the behavior of tropical storms, including typhoons, making them less frequent but more powerful.

"I believe higher water vapor in the atmosphere is the ultimate cause of all of these tendencies toward more extreme hydrologic phenomena," Sherwood told Reuters.

Typhoon Gaemi, which first made landfall in Taiwan on Wednesday, was the strongest to hit the island in eight years.

While it is difficult to attribute individual weather events to climate change, models predict that global warming makes typhoons stronger, said Sachie Kanada, a researcher at Japan's Nagoya University.

"In general, warmer sea surface temperature is a favorable condition for tropical cyclone development," she said.

In its "blue paper" on climate change published this month, China said the number of typhoons in the Northwest Pacific and South China Sea had declined significantly since the 1990s, but they were getting stronger.

Taiwan also said in its climate change report published in May that climate change was likely to reduce the overall number of typhoons in the region while making each one more intense.

The decrease in the number of typhoons is due to the uneven pattern of ocean warming, with temperatures rising faster in the western Pacific than the east, said Feng Xiangbo, a tropical cyclone research scientist at the University of Reading.

Water vapor capacity in the lower atmosphere is expected to rise by 7% for each 1 degree Celsius increase in temperatures, with tropical cyclone rainfall in the United States surging by as much as 40% for each single degree rise, he said.