This 86-Year-Old Bugatti Was the Most Expensive Car Sold in 2020
This prewar grand prix race car fetched over $12.5 million.
In a year that’s seen Santa Monica-based auto auction house Gooding & Company sell more than $125 million worth of coveted retro rides, an 86-year-old Bugatti is officially the most expensive sold in 2020.
A 1934 Bugatti Type 59 Sports fetched $12,681,550 at Gooding & Co.’s September “Passion of Lifetime” event in the UK, just under $1 million shy of its $13.5 million pre-sale estimate. Upon debut in late 1922, the French-built prewar grand prix car achieved impressive results in European Grand Prix races, including a third-place podium at Monaco and a win at Spa in Belgium.
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After its track days, this particular car was painted black and sold to King Leopold III of Belgium before changing hands through four collectors who’ve maintained a “time-warp” condition. Power comes from a a supercharged 3.3-liter straight-eight that’s fed fuel by twin carburetors and mated to a four-speed manual. Other eye-catching features include piano-wire wheels and a gloriously vintage single-seat roadster layout.
Prewar Bugattis proved a cash cow for Gooding & Co., with two other models racking up the other eight-figure yields of the year. A Lamborghini, Aston Martin, and two Ferraris brought big bucks as well—see all the top 10 most expensive lots auctioned by Gooding & Co. in 2020 below: