Fernando Alonso’s 2004 Renault chassis did not sell for as high a sum as expected when it went under the hammer this week.
Anticipated to sell for anywhere up to £385,000, the R24-07 made a mere £217,808 when converted at the latest exchange rate from a figure of 258,125 euros.
The auction took place at RM Sotheby’s in Paris for the car in the famous blue and yellow livery with Mild Seven and Telefonica sponsorship, complete with the same steering wheel as the original model.
It was the car Alonso drove at the last three rounds of the 2004 Formula 1 World Championship in China, Japan and Brazil.
Results are in! Records continued to break at yesterday’s auction in the heart of Paris.
Exceptional results were seen across the board as 91.6% of lots found new homes and the much anticipated Petitjean Collection Part II sold in entirety.
See you in Amelia Island! pic.twitter.com/6TxbuMlYke
— rmsothebys (@rmsothebys) February 3, 2022
The Spaniard finished fourth, fifth and fourth respectively in those races as he finished a distant fourth to Ferrari‘s Michael Schumacher in the Drivers’ standings, with a best result earlier that year of second place from pole position at the French Grand Prix.
However, the following year, with the Renault R25, Alonso captured the first of his back-to-back World Championships.
A 1996 Ferrari F310 Formula 1 show car was also among the lots to be sold and unlike the Renault, the hammer fell for a much larger sum than expected – £182,240, when it had been anticipated to sell for between £50,000 and £85,000.
Other classic vehicles were also part of the auction, such as an Alfa Romeo 155 V6 with Jägermeister advertising which was sold privately after the auction. A 1930 Cadillac V-16 Roadster in the style of Fleetwood made just over £126,000.
A 1963 Aston Martin DB4 Convertible available had an estimated sale price to exceed £1million but fell just short at a shade over £953,000, while a rare Ferrari F50 had been listed as the most expensive of the items available with a predicted price tag of between £2.5million and £2.75million.
In contrast to some of the other examples mentioned, that 1996 model exceeded its expected sale value by going for a fraction over £2.9million.