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John Surtees' BMW Breezes into Bonhams

RARE 503 CABRIOLET OFFERED AT GOODWOOD SPEEDWEEK SALE

A very rare and desirable 1957 BMW 503 3.2 Litre Cabriolet, offered directly from the family of the late John Surtees CBE, will go under the hammer at the Bonhams Goodwood SpeedWeek Sale on Saturday 17 October, with an estimate of £220,000 – 260,000. It is the first time this motor car is offered at auction.

John Surtees, the only world champion of both Formula One and Motorcycle Grand Prix racing and nicknamed 'figlio del vento' or 'son of the wind', acquired the 503 circa 1990 and was its second owner.

The elegant 2+2 Grand Routière was produced in 1957, the year Surtees was the reigning 500cc Motorcycle World Champion, having won his first world title in 1956 for MV Agusta.

The 503 was designed by Count Albrecht von Goertz, formerly of the Studebaker studio, to appeal primarily to the lucrative US market. This example, one of only three right-hand drive cabriolets produced, was built especially for and delivered to Mrs Aldington of the family that owned AFN Ltd of Isleworth, the BMW importer of the period.

Powered by an all-alloy 3.2 litre V8 engine (140 bhp with a top speed of 118mph), housed in an all-aluminium body, the exclusive cabriolet was fitted with the first power hood to appear on a German motor car and electric windows.

John Surtees bought the BMW from AFN Ltd when the company was sold to Porsche. As Surtees said: 'A friend of mine, who was well aware of my keen interest in BMWs, phoned me to say they had something that was ideal for me.

'I purchased the car and fortunately it was in very sound condition having just been stored at the back of the workshop.'

In his ownership, 'the 503 was restored to a condition that satisfied me. It looks superb, runs likewise and everything that was original works, including the foldaway roof operated by an hydraulic pump.'

John Surtees used this BMW as his personal car until his death in 2017.

The 503 is accompanied by a comprehensive history file, with details of works carried out during John Surtees' ownership and a V5C Registration Certificate in the name of the eight-time World Champion, whose titles included the 1964 Formula One World Championship driving for Ferrari.

Photo credit: Bonhams
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Chassis Number: 14069
Sale DateResultPre-Auction Estimates Auction House
March 2007 $451,000  $300,000 - $350,000  RM Sothebys 
October 2020 £230,000
($297,419)
 
£200,000 - £300,000  Bonhams 

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