In the “things are tough all over” department, the Bugatti Type 35C I told you about on Sunday failed to reach the pre-auction estimate of $1.4 million, selling instead for a disappointing $900,000. It’s hard to imagine that the car will ever lose money; despite the sky high purchase price, I’d label that one “well purchased”. Full article after the jump.
Another tasty nugget at the Gooding & Company auction was this 1928 Bugatti 35C GP (for Gran Prix) racer. The Bugatti Type 35 was the car to beat in its day, and Type 35s amassed over 1,000 race wins. At the height of their popularity, Bugatti Type 35s were earning an average of 14 race wins per week, a feat that has not been repeated since.
The Type 35 pioneered Bugatti’s horseshoe shaped grille and was the first production car to utilize a three valve cylinder head. The Type 35C used a supercharger on the 2 liter straight 8 engine, and produced about 128 horsepower to move the Type 35C’s 1,650 pounds. Bugatti Type 35Cs won the French Gran Prix in both 1928 and 1930.
Fifty Type 35Cs were built, but it is unknown how many are still in existence today. In 2006, Gooding & Company sold a Bugatti 35C with a well documented history for $2.585 million, a feat unlikely to be repeated this year. Pre auction estimate for this Bugatti 35C is $1.4 million.