Bugatti found in Britain gets big bucks at auction

Published
0

LONDON A car abandoned in a garage in Britain for half a century sold at an auction in Paris for $4.4 million Friday.
The 1937 Bugatti Type 57S went under the hammer at Bonhams Retromobile car show and sale in Paris. It was sold on behalf of the family of its last owner, Dr Harold Carr.
The orthopedic surgeon drove the car for several years, but in the early 1960s it was parked in his garage in Gosforth, near Newcastle in northern England, where it remained for nearly 50 years until his death in 2007.
Bugatti once represented the height of motoring achievement. The supercar was so ahead of its time it could go up to 130 mph (209 kph) when most other cars topped out about 50 mph (80 kph).
This particular car is especially valuable because it was originally owned by Earl Howe, a prominent British race car driver, and because its original equipment is intact, so it can restored without relying on replacement parts.
Bonhams said a European collector bought the car.
The company founded in 1909 by Ettore Bugatti collapsed in the 1940s after a long string of racing victories.
The rights to the legendary Bugatti name were purchased in 1998 by Volkswagen, which has built the Bugatti Veyron, one of the worlds fastest and most expensive cars.

Opinion

Editorial

Fixing bond markets
Updated 01 Oct, 2026

Fixing bond markets

Pension funds, insurance companies, mutual funds, retail investors, and eventually, foreign investors must become bigger participants in the market.
Call centre rackets
01 Oct, 2026

Call centre rackets

A NUMBER of recent raids conducted by the authorities in different cities point to the growing threat fraudulent ...
Homeward bound
01 Oct, 2026

Homeward bound

FIVE months after Somali pirates captured an oil tanker carrying a 19-member multinational crew, Somali maritime...
Kashmir unresolved
Updated 30 Sep, 2026

Kashmir unresolved

The just solution lies in India addressing the issue through a trilateral dialogue involving the legitimate representatives of the Kashmiri people and Pakistan.
Water shortage
30 Sep, 2026

Water shortage

THAT the country is entering the Rabi season with an anticipated water shortage of nearly 25pc, the lowest carryover...
Young hearts
30 Sep, 2026

Young hearts

THE observance may have passed, but the message of World Heart Day should not fade with it. The occasion is a useful...