Saturday, February 7, 2009

Classic Bugatti brings in 3.4m euros at auction

The Classic Bugatti slept for over half a century in a garage in Tyneside and has now been sold at a auction in Paris. The car brought in 3.4 Million Euros!

From the sales description written by Bonhams:

The new owner will have the pleasure of firing up [engine] 26S and hearing that turbine-like sound that so excited Earl Howe when he collected this car from Sorel in 1937.

"Once again [chassis] 57502, a true supercar with impeccable credentials, emerges to take its place on the world stage."

Earl Howe took delivery of the sporty two-seat Atalante after it was completed in 1937 and kept the car for eight years.

After Earl Howe sold it, it changed hands a couple of times before Dr Carr bought the car in 1955 from Lord Ridley, a member of the Northumberland gentry.

Dr Carr drove it until 1960 when he parked it in his garage - to be discovered after he died in 2007.

The car has a remarkably low mileage with an odometer reading of just 26,284. It eventually sold for 3,417,500 euros (£2,989,495).

The Bugatti 57S is a highly coveted car by collectors, with at least four thought to belong to the Musee Nationale de L'Automobile in Mulhouse, France.

Others remain in the hands of private collectors.

Click on the photo to see the car at the Bonhams auction.

Source: BBC News, Photo: Bonhams

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