Home > Iconic News > Press release -  23rd July 2021

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PRESS RELEASE - 23rd July 2021

HAMMOND FUNDS HISTORIC CAR RESTORATION BUSINESS WITH HIS OWN VEHICLES

Richard Hammond has put up eight of his vehicles to be sold by Silverstone Auctions at The Classic at Silverstone on Sunday 1 August. All proceeds are to support his new business venture The Smallest Cog, a classic vehicle restoration business that will be documented in Richard Hammond’s Workshop (working title), a brand-new original docuseries airing on discovery+ UK later this year.

“The irony of me supporting my new classic car restoration business by selling some of my own classic car collection is not wasted on me” stated Hammond. He went on to add “It is with a very heavy heart that they go, as they have a great deal of personal sentimental value, but they will be funding the future development of the business and giving life back to countless other classic vehicles.”

Several of the classics are personal favourites of Hammond, with classic and limited-edition motorcycles he bought himself for his 40th and 50th birthdays on offer, as well as a much-loved family heirloom in the 1959 Bentley S2.

The other lots include a stunning 1969 Porsche 911T, a 1927 Sunbeam Model 2 motorcycle, a classic 1999 Lotus Esprit Sport 350 which is number 5 of 48 built, a 1932 Velocette KSS Mk1 and a highly collectable 1977 Moto Guzzi Le Mans Mk1. The entire collection is being offered without reserve.

Separate to his private collection, a widely publicised and beautifully restored Ford RS2000 was also due to go under the hammer the same weekend, but Hammond has deferred the release of this vehicle until the Practical Classics Classic Car & Restoration Show Sale in September 2021 which will be hosted by Silverstone Auctions’ sister company, Classic Car Auctions (CCA). This is to allow more time for The Smallest Cog to complete the car to their exacting standards.

Nick Whale, Managing Director of Silverstone Auctions, added “We are delighted to have Richard both attending our sale on 1 August but also joining us on the rostrum to introduce the collection. These vehicles clearly have a special place in his heart, so I’m sure it is going to be a day of mixed emotions for him, but we are confident we can deliver a keen bidding audience that will do his new business proud, we wish him the best of luck.”

The Classic Sale at Silverstone is taking place from Friday 30 July through to Sunday 1 August in The Wing Building at Silverstone. The Richard Hammond Collection will be offered from 2pm during the Sunday auction.

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Entries are invited to our next auctions: The Shuttleworth Spring Motorcycle Sale on 7th April at Shuttleworth Museum, Old Warden Park, Beds, SG18 9EP and the Supercar Fest Sale of Iconic & Classic Cars on 18th May at Sywell Aerodrome, Sywell, Northampton, NN6 0BN.

Bidders can attend in person, or alternatively you can bid online, by phone or via commission.

 

When the catalogue is ready there will always be a link on our home page to the E-Catalogue. Printed versions are also posted out to vendors and selected buyers and are available to purchase at the auction.

When selling a car we charge a cataloguing fee of £250 plus VAT. The cataloguing fee covers photography, script writing, video and worldwide marketing of your vehicle. Our seller's commission is 7.5% plus VAT (9% including VAT) of the hammer price.  

When selling a motorcycle our standard cataloguing fee is £50 plus VAT. The cataloguing fee covers photography, script writing and worldwide marketing of your motorcycle. Our seller's commission is 7.5% plus VAT (9% including VAT) of the hammer price. We also offer a premium service with a cataloguing fee of £200 plus VAT which includes transport of your motorcycle to the auction.

For automobilia, watches and registration numbers we charge a cataloguing fee of £25 plus VAT. Our seller's commission for automobilia items and watches is 15% plus VAT (18% including VAT) of the hammer price, for number plates is 10% plus VAT (12% including VAT) of the hammer price.

Please register for your preferred method as soon as possible (online, by phone or via commission), at least 48 hours before the sale, to allow sufficient time for registration to be processed. Alternatively, you can register to bid in person when you arrive.