Saturday, September 18, 2010

World Most Expensive Car

The 1936 Bugatti Atlantic 57SC has recently been sold at auction for around $30 million.

Source : CNN News


The Bugatti Type 57 and later variants (including the famous Atlantic and Atalante) was an entirely new design by Jean Bugatti, son of founder Ettore. Type 57s were built from 1934 through 1940, with a total of 710 examples produced.

Most Type 57s used a twin-cam 3257 cc engine based on that of the Type 49 but heavily modified by Jean Bugatti. Unlike the chain-drive twin-cam engines of the Type 50 and 51, the 57's engine used gears to transmit power from the crankshaft.



Considered by some to be the most beautiful pre-war car, the Atlantic body Type 57S featured flowing coupe lines with a pronounced dorsal seam running front to back. It was based on the "Aérolithe" concept car of 1935. Like the Type 59 Grand Prix car, the Aérolithe used Elektron (a magnesium alloy) or Duralumin (an aluminium alloy) for its body panels. Therefore, the body panels were riveted externally, creating the signature seam.


The production Atlantics (just four were made) used plain aluminium, however. But the dorsal seams were retained for style, and have led to the car's present fame.



Only two of the cars survive. One is in the collection of Ralph Lauren, the second was owned by Dr. Peter 
Williamson, and won the 2003 Pebble Beach Concours d'Elegance. Williamson's car (#57374) was sold for between $30 and $40 million at an auction in May 2010 to the Mullin Automotive Museum located in Oxnard, California.

The Atalante was a two door coupe body style similar to and built after the Atlantic, built on both the Type 57 and 57S, but with a single piece windscreen and no fin. Only 17 Atalante cars were made, four of which reside in the Cité de l'Automobile Museum in Mulhouse, France (formerly known as the Musee Nationale de L'Automobile de Mulhouse). The name Atalante was derived from a heroine of Greek mythology, Atalanta.

 

Rediscovered Type 57S Atalante

In 2008 the Bugatti Type 57S with chassis number 57502 built in 1937 with the Atalante coachwork for Earl Howe was discovered in a private garage in Newcastle upon Tyne, having been stored untouched for 48 years and known about only by a select few people[4]. It was auctioned in February 2009 at the Retromobile motor show in Paris, France, fetching €3.4 million (about US$4.6 million), becoming one of the highest valued cars in automotive history, owing much to its extremely low mileage, original condition and ownership pedigree.


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