We prove the existence of the old and metal-rich moving group HR 1614 . This is done using the new Hipparcos parallaxes in combination with metallicities derived from Strömgren photometry , supported by dynamical simulations of the evolution of old moving groups in the galactic potential . A new selection criterion for this moving group is presented as well as a new , extended sample of probable member stars . In particular we find that the HR 1614 moving group has an age of about 2 Gyr ( using Bertelli et al . 1994 isochrones ) and a [ Fe/H ] \simeq 0.19 \pm 0.06 dex . We also revisit and apply our new selection criterion to the samples in Eggen ( 1992 ) and Eggen ( 1998b ) . It is found that , when binaries and stars with too low metallicity have been removed , 15 of his stars fulfill our criteria .