Rare Bugatti raises £3m at auction

A 70-year-old car that had lain abandoned in a garage for half a century has sold at auction for more than three million pounds.

A telephone bidder paid 3,479,000 euros (£3,043,293) for the 1937 Bugatti Type 57S - which had spent 50 years in a garage in Gosforth, Newcastle - when it 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 car's original owner was racing enthusiast Earl Howe, who was the first president of the British Racing Drivers' Club and kept the sporty two-seat Atalante for eight years.

It changed hands two or three times before Dr Carr bought the car in 1955 from Lord Ridley, a member of the Northumberland gentry.

When the surgeon died in 2007 his nephew was left to clear out his garage and he found the car inside. It is understood that the money raised by its sale will be shared out among Dr Carr's family.

The vehicle - one of only 17 to be made - still has its original chassis, engine, drivetrain and body. Bonhams confirmed that it had been bought by a European collector.

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