A car found rusting and abandoned in a warehouse has turned out to be an iconic 1950s Formula One car worth over £5 million.
The 1954 Mercedes-Benz W196 was driven to victory by the legendary Juan Manuel Fangio in the 1954 Formula One World Championship, and has been described by auction house Bonhams as “the most important grand prix racing car” of all time.
Yet incredibly, the car – which is expected to fetch over £5m when it goes under the hammer at the Goodwood Festival of Speed in July – lay in a warehouse and  … More
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