The Goodwood Festival of Speed is underway and this year's sculpture pays tribute to Mercedes' 120 years in motorsport and the 100th anniversary of their 1-2-3 victory at the 1914 French Grand Prix.

The Goodwood Festival of Speed is underway and this year's sculpture pays tribute to Mercedes' 120 years in motorsport and the 100th anniversary of their 1-2-3 victory at the 1914 French Grand Prix.

Billed as the "most architecturally challenging and spectacular installation ever seen at Goodwood," the sculpture was created by Gerry Judah and is a massive arch that raises 26 meters (85 feet) above Lord March's house. The sculpture reportedly weighs 150 tonnes (165 tons) and features a classic race car as well as a modern Mercedes AMG PETRONAS Formula One car.

The sculpture will be on display for the duration of the event which runs from June 26th to June 29th.

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2014 Goodwood Festival of Speed sculpture celebrates Mercedes racing history