Richard Hammond to auction car collection to fund classic restoration business

Richard Hammond discusses his love for classic cars on GMB

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The Grand Tour host will be putting some cars and motorcycles up for auction at the Classic at Silverstone. It will be auctioned through Silverstone Auctions on the 1st of August.

He is doing this to fund his newest enterprise, The Smallest Cog.

The new company will focus on the restoration of classic cars, something which he is more than used to doing.

The Smallest Cog was inspired by Richard’s grandfather, who was a coachbuilder at Mulliners in Birmingham and Jensen in West Bromwich.

Speaking on the topic Richard Hammond said: “I’ve always wanted to prove to him that there’s more to me than driving around the world, talking about other people’s supercars, crashing them and then pretending to weld them up in a desert.”

He added: “It’s also about a passion of mine to preserve crafts – my grandfather could work with wood, metal and just about anything.

“I wanted to do something real in the car industry rather than just being a commentator on the outside of it. 

“This business is the perfect opportunity for me to do that.

“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.

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“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.” 

With the sale just around the corner, the collection of cars up for sale has been announced. 

It includes a 1969 Porsche 911T, a classic Lotus Esprit Sport 350 and a highly collectable 1977 Moto Guzzi Le Mans.

They will all be offered with no reserve.

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