World Champion 1990 Mercedes-Benz Race Car, One of Only Five in the World, to be Auctioned Next Week
A significant piece of Mercedes-Benz racing history, the rare 1990
Sauber-Mercedes C-11, will be auctioned to the highest bidder on
January 29, 2008 in Miami at the law firm of Hunton & Williams LLP.
The vintage car was recently restored by Rocketsports, Inc., one of
the racing world´s leaders in engine design and construction, and is
racetrack ready.
The race car is one of only five C-11´s in the world built by
Mercedes-Benz and famed Swiss racing auto designer Peter Sauber. The
car´s performance during the 1990 and 1991 racing seasons qualifies it
as the most successful in its racing class. Driven by notable drivers
in historic racing venues throughout Europe and the United States, the
C-11 captured eight victories and the overall Sports Car World
Championship title in the early 1990s. Additional information and
photos of the car are available at
http://www.hunton.com/Resources/Sites/general.aspx?id=26.
Interested bidders must submit a qualified competing bid of at
least US $2.125 million before 5:00 pm EST on January 24, 2008 with a
refundable, US $200,000 deposit. The auction will take place on
January 29 at 2 pm EST at the law offices of Hunton & Williams, 1111
Brickell Ave., Miami, Fla. 33131. Bidding will commence with the
minimum initial bid of at least US $2.125 million and then in
increments of no less than US $25,000. Bidders who submit a qualified
bid can participate in person or by phone. For more information on
submitting a qualified bid, please contact Hunton & Williams attorney
Andrew Kamensky at (305) 810-2500.
The car is available for viewing at Rocketsports´ racing facility
at 3400 West Rd., East Lansing, Michigan 48823. Contact Paul
Gentilozzi at (517) 337-2600 Ext. 104 to arrange an appointment.
Craig V. Rasile, Esq., Counsel for the Receiver, is available for
interviews at 305.810.2579 or crasile@hunton.com.
About Hunton & Williams
Hunton & Williams provides legal services to corporations,
financial institutions, governments and individuals, as well as to a
broad array of other entities. Since our establishment more than a
century ago, Hunton & Williams has grown to more than 1,000 attorneys
serving clients in 100 countries from 19 offices around the world.
While our practice has a strong industry focus on energy, financial
services and life sciences, the depth and breadth of our experience
extends to more than 100 separate practice areas, including bankruptcy
and creditors rights, commercial litigation, corporate transactions
and securities law, intellectual property, international and
government relations, regulatory law, products liability, and privacy
and information management. For more information about Hunton &
Williams, visit our website at www.hunton.com.