A historic 1965 MV Agusta Grand Prix motorcycle, once ridden by racing legend Giacomo Agostini, sold for nearly £1 million (SAR 4.6 million) at a UK auction, becoming one of the most expensive classic motorcycles ever sold.
A historic 1965 MV Agusta Grand Prix motorcycle, once ridden by racing legend Giacomo Agostini, sold for nearly £1 million (SAR 4.6 million) at a UK auction, becoming one of the most expensive classic motorcycles ever sold.
What is the story behind the 1965 MV Agusta?
This motorcycle was one of the official bikes used by the MV Agusta factory team in the 1965 Grand Prix season. Agostini rode it in several races, securing important victories. After years of racing, it was fully restored to its original condition and displayed in museums and private collections before being auctioned.
How much did it sell for?
According to reports from Visordown, the bike sold for £950,000 (approximately SAR 4.6 million). This price makes it one of the most expensive classic motorcycles ever sold at public auction, surpassing many other historic bikes.
What makes this motorcycle special?
Its historical and sporting value is the biggest factor. Giacomo Agostini is one of the greatest motorcycle racers of all time, with 15 world championships. Any bike he rode attracts significant collector interest. Additionally, the bike’s original condition and meticulous restoration enhance its value.
Have other MV Agusta bikes sold for high prices?
Yes, historic MV Agusta motorcycles consistently fetch high prices at auctions. For example, a 1972 MV Agusta 500cc three-cylinder sold for $1.2 million in a previous auction. However, the 1965 bike remains unique due to its direct link to Agostini.
What does this mean for the classic bike market in the Gulf?
Motorcycle enthusiasts in Saudi Arabia and the Gulf follow these global auctions. With growing interest in classic bikes in the region, local auctions may see demand for similar pieces in the future. However, major auctions still take place in Europe and America.
Frequently Asked Questions
How much did the 1965 MV Agusta sell for at auction?
The motorcycle sold for £950,000, which is approximately SAR 4.6 million.
Who rode the 1965 MV Agusta?
It was ridden by Italian legend Giacomo Agostini, winner of 15 world championships in motorcycle racing.
Are there other MV Agusta bikes with similar prices?
Yes, some other historic MV Agusta bikes have sold for over $1 million, such as the 1972 500cc three-cylinder model.
Sources
- Visordown — Iconic MV Agusta Grand Prix bike sells for nearly £1 million at UK auction
