60 year old Porsche 550 sets new world record

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A 1956 Porsche 550 Spyder has become the most expensive of its type to ever be sold at public auction as bidding topped £4,500,000 (more than 200 million Thai baht) at Bonhams’ Goodwood Revival event on 10 September.

Porsche 550.
Porsche 550.

“The top lot of the auction is an icon of 1950’s sports car design, the gloriously original 1956 Porsche 550 Spyder,” said Bonhams’ James Knight. “The car attracted much attention from bidders, with increments rising by hundreds of thousands until the gavel finally fell to achieve £4,593,000.

His thoughts were echoed by Mark Osbourne: “The car is so original that you could travel back in time 60 years and find it in much the same condition. It’s exactly how a 550 would have looked, smelt and felt when James Dean famously purchased his example – Lil’ Bastard – back in 1955.”