1936 Bugatti sells for a record $30 million
May 9th, 2010 - 9:47 pm ICT by Aishwarya Bhatt
California, May 9 (THAINDIAN NEWS) A Bugatti made in the 1930’s has been sold for a record $30 million in an auction. It was bought by the Mullin Automotive Museum, which is located in Oxnard California. And with this record purchase price of $30 million, the Bugatti Type 57SC Atlantic has become the single largest car purchase in history.
The previous owner of the car was Peter D. Williamson who unfortunately died recently. When he was alive, then Peter D. Williamson resisted the sale of the car, as he seemed to be deeply attached to it. And after his death the sale of the car was made possible by the family. The family of Peter D. Williamson has however declined to comment on the issue.
The sale of the 1936 Bugatti for $30 million breaks the previous record held by a Ferrari Testa Rossa. The Ferrari Testa Rossa had previously being sold for $12 million. The 1936 Bugatti was part of a rare breed of cars, in their prime time and there are very few of them that are available on the streets now. And the most surprising thing is that the owners of these few cars are not at all willing to sell them off. Perhaps after they learn of the record sale of the 1936 Bugatti, they might change their minds.
According to Gooding the buyer of the car is “a devoted connoisseur who will become the guardian of this treasured piece of automotive history.”
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Tags: 30 million, auction, automotive history, automotive museum, bugatti type, car purchase, cars, connoisseur, ferrari, ferrari testa rossa, guardian, oxnard california, prime time, rare breed