Bugatti Type 57 lights up auction

Bugatti Type 57 lights up auction

One of most coveted vintage cars in the world has sold at auction for just under £7 million.

The Bugatti Type 57SC Sports Tourer attracted a wealth of interest from collectors when it went under the hammer at Bonhams in New York.

It eventually fetched a staggering $9.7 million (£6.78 million), albeit below the original estimate of $13 million (£9 million).

Boasting a high-tech "surbaissé" low-slung chassis, a Grand Prix-bred 3.3-litre engine capable of producing 200bhp, as well as a dry sump system to help maintain lubrication when cornering, the Type 57 is widely regarded by petrolheads as the first supercar ever built.

This particular model also features a four-seat Sports Tourer body by Vanden Plas. It was ordered new in 1937 by George Rand, Bugatti's New York agent.

The auctioneer described the car as the "greatest and most collectible of all pre-war automobiles" on the market. Selling for $9.7 million (£6.7 million) makes it the second most valuable Bugatti ever to have sold at auction, behind a Royale Type 41 Kellner coupé, which sold for $9.8 million (£6.83 million).

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