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Old 01-04-2009, 01:01 AM   #1
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Rare 1937 Bugatti supercar found in English garage

Rare 1937 Bugatti supercar found in English garage

Rare 1937 Bugatti supercar found in English garage - Yahoo! News

By GREGORY KATZ, Associated Press Writer Gregory Katz, Associated Press Writer – Sat Jan 3, 3:01 pm ET

LONDON – It was the equivalent of finding an old Picasso or an unknown Beatles tape hidden away in your uncle's attic.

Relatives of Dr. Harold Carr found an extremely rare 1937 Bugatti Type 57S Atalante — a Holy Grail for car collectors — as they were going through his belongings after his death.

The dusty two-seater, unused since 1960, didn't look like much in the garage in Gosforth, near Newcastle in northern England.

But only 17 were ever made, and when it's cleaned up and auctioned in Paris next month, experts believe it will fetch at least 3 million pounds ($4.3 million) and possibly much more.

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 even more 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.

"It has all the finest attributes any connoisseur collector could ever seek, in one of the ultimate road-going sports cars from the golden era of the 1930s," said James Knight, head of the international motoring department at Bonhams, which will auction the car Feb. 7.

Knight and a small number of Bugatti enthusiasts knew of Carr's proudest possession, but not the eight relatives who inherited Carr's estate.

The orthopedic surgeon, who died at age 89, was described by relatives as an eccentric hoarder who never threw anything out. He also left behind an Aston Martin, which was sold, and a Jaguar sports car that was scrapped because it was in such poor condition.

The Bugatti marque is famed for its speed and handling and was a frequent race winner in the 1920s and 1930s. The 57S Atalante was one of its most successful models, each one made by hand with unique details.

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 world's fastest and most expensive cars.
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Old 01-04-2009, 06:29 AM   #2
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wow

I've heard and seen one of Bugatti's supercharged racing cars from the late 30s early 40s (can't remember the type no.), incredible machines.

Thanks.
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Old 01-04-2009, 07:13 AM   #3
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Very very cool!

Anyone got like 4.5 mil I could maybe have?
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Old 01-04-2009, 08:01 AM   #4
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I read about this one on Saturday and was amazed. What a find!
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Old 01-04-2009, 08:08 AM   #5
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Why can't I find anything like that or have a distant cousin with hidden treasures..? Amazing cars so they were and still are!
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Old 01-04-2009, 11:59 AM   #6
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Cause you've got pennies wedged in your floorboards. Get a better class of house and you might find something in the garage!

130mph in 1937! In that aerodynamic machine!
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Old 01-04-2009, 12:18 PM   #7
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One of the guys I do sidework for in California owed a Bugatti (of course not that model) His was worth only a measly $2 million.
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Old 01-04-2009, 12:44 PM   #8
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Aaawwww....the poor, poor man!
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Old 01-04-2009, 01:29 PM   #9
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Read about this on Friday (I think). Talk about a garage find! Unbelievable.
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Old 01-04-2009, 07:22 PM   #10
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Darn, THAT'S where I left it!
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Old 01-05-2009, 05:38 AM   #11
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Quick! Go claim it Terry!
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Old 01-07-2009, 05:10 AM   #12
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That is amazing...
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Old 01-07-2009, 08:16 AM   #13
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Quote:
Originally Posted by Njaco View Post
130mph in 1937! In that aerodynamic machine!
More scarily still
130mph on 1937 British roads
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