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51911 Mercer Type 35R expected to fetch $3M in Monterey

The history books are filled with defunct American automakers, from Duesenberg and Studebaker to Plymouth and Pontiac. But few of them are as missed by vintage automobile enthusiasts as Mercer. The company only operated between 1909 and 1925, but in that short span of time it produced one of the earliest, most successful racing machines: the legendary Type 35R Raceabout.

5Video: X-Prize foundation shows off RaceAbout electric vehicle

Electric RaceAbout – Click above to watch the video after the jump

14Automotive X-Prize: finalists announced, X-Tracer now last team standing in Tandem class

Automotive X-Prize Knockout Stage – Click above for high-res image gallery

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