Lewis Hamilton’s First Mercedes F1 Car Just Sold for a Record HK$146.58 Million
Here's one area where the British race car driver easily bests Michael Schumacher.
BY Bryan Hood  |  November 25, 2023
2 Minute Read

Alex Penfold
RM Sotheby’s

One deep-pocketed collector fan has made abundantly clear who he thinks is the best Formula 1 driver of all time.

One of Lewis Hamilton’s Mercedes-AMG Petronas race cars from the 2013 season just sold for US$18.8 million (HK$146.58 million) at RM Sotheby’s Las Vegas Grand Prix sale this past Friday, according to The Drive. The enormous sum is US$4 million (HK$31.19 million) more than one of Michael Schumacher’s Ferrari racers sold for last year.

Hamilton’s decision to join Mercedes-AMG Petronas Motorsport before the 2013 season is destined to go down as one of the greatest moves in F1 history. As hard as it may be to imagine now, but there were plenty of people who thought joining up with Toto Wolff risky, especially since Hamilton already built a more-than-respectable career for himself at McLaren, where he won his first driver’s championship and 21 races. But six driver’s championships and 82 wins later and it’s clear that he knew exactly what he was doing.

Lewis Hamilton’s 2013 Mercedes-AMG Petronas F1 W04

The car that sold on Friday, chassis W04, is the one that Hamilton drove in 14 of the 2013 season’s 19 events. It was also the one he was piloting when he took his first checkered flag for the team at that year’s Hungarian Grand Prix. It still wears the livery it did that season, a silver and green number adorned with colorful sponsor graphics. Its most intriguing feature, though, is the 2.4-liter V-8 that sits in its engine bay. The next year, regulations mandated that all teams switch over to a hybrid-assisted 1.6-liter V-6, which powers F1 cars to this day.

In selling for US$18.8 million (HK$146.58 million) on Friday, Hamilton’s Mercedes-AMG Petronas race car easily bested the US$10 million (HK$77.99 million) to US$15 million (HK$116.99 million) that RM Sotheby’s had expected it to sell for. That wasn’t a complete shock, as chassis W04 is the only one of Hamilton’s Mercedes F1 cars that isn’t owned by the German marque, team principal Toto Wolff, or the driver himself.

It didn’t just outpace the auction house’s estimate. It also sold for nearly US$4.2 million (HK$32.76 million) more than Schumacher’s championship-winning 2003 Ferrari race car sold for last November. That makes Hamilton’s vehicle the most expensive modern Formula 1 car. It’s far from the most valuable car to compete in the competition, though. That distinction belongs to Juan Manuel Fangio’s 1954 Mercedes W196, which sold for US$29.6 million (HK$230.86 million) in 2013.

Click here for more photos of Lewis Hamilton’s first race-winning Mercedes-AMG Petronas F1 car.