Eighties Fast Ford obliterates records by selling for £596,250 at auction: Winning bid for the Ford Sierra Cosworth RS500 with just 5,000 miles on the clock is 30 TIMES its original price in 1987
A 1980s Fast Ford collectible car has smashed all records this weekend by selling at auction for a jaw-dropping £596,250. The 1987 Ford Sierra Cosworth RS500 obliterated its £150,000 to £180,000 pre-sale guide price on Saturday and sold for a winning bid four-and-a-half times higher than the previous world record amount paid for one of these limited edition modern classics. Described as 'perhaps the finest example' of the rare RS500 breed, the astounding price paid for the Sierra at the Silverstone Auctions Race Retro sale is 30 times what it originally cost when it was in showrooms 36 years ago for £19,950.