George Daniels' 1929-'32 Bentley 4 1/2-Litre

1929 Bentley most expensive British made car ever sold at auction

George Daniels' 1929-'32 Bentley 4 1/2-Litre

Auction house Bonhams would not confirm the identity of the buyer of a 1929 Bentley that sold for £5,042,000 ($8 million US) at the Goodwood Festival of Speed. It will probably be hard to keep his anonymity driving around in the classic ride.

The classic ride is now the most expensive British made car ever sold at auction. The previous British-car record was £3.5 million — paid in 2007 — for a 1904 Rolls-Royce.

The bright red sports car was once owned and raced by Sir Henry “Tiger Tim” Birkin. Birkin was a member of the famous Bentley Boys – a group of wealthy young men who raced British sports cars in the 1920s and 1930s.

Birkin set a lap record in the car at the Brooklands Outer Circuit in 1931 when the Bentley hit a staggering 137mph.

NEXT: Most expensive car ever stolen up for auction this month

To waste in a foolish manner…specifically money