New World Record Set with $5 Million Jaguar Sale

by Jared Paul Stern (RSS feed)
Aug 18th 2008 at 11:02AM

A legendary prototype sportscar that helped shaped the future of Jaguar was auctioned off at Bonhams & Butterfields' Quail Lodge Sale in California on Friday for just under $5 million, setting a new world record. Bids for the 1960 E2A (above), often called the "missing link" between the marque's classic D-Type and E-Type models, had been expected to reach up to $7 million in what has lately been a heated market for multimillion dollar automotive classics.

Raced by some of the world's top drivers at Le Mans and elsewhere, the beautiful car had an historic win in August of 1960 at Bridgehampton, NY, beating out a Maserati Birdcage. James Knight, International Head of Bonhams' motoring department, called the E2A "one of the most charismatic and significant prototypes ever produced anywhere." And $5 million - now the highest price ever paid for a Jaguar at auction - isn't too shabby.

Tags: Bonhams, California, Classic cars, ClassicCars, Jaguar, Le Mans, LeMans, Maserati