Pakistanis angry over detentions in Times Sq. case Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They
AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e
BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German
Minister seeks closure of anti-Berlusconi websites Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who
By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an
Navigation
Primary Navigation
Home
Singapore
Asia Pacific
World
Business
Entertainment
Sports
Technology
Top Stories
Most Popular
Secondary Navigation
Search
Search:
Rare Bugatti untouched for 50 years could fetch millions: report
AFP - 1 hour 11 minutes ago
LONDON (AFP) - - A rare Bugatti supercar left to gather dust in an English garage for half a century could fetch millions when it goes under the hammer next month, a report said Thursday.
Experts believe the car -- one of just a handful ever made -- could fetch as much as six million pounds (6.2 million euros, 8.7 million dollars) when it is auctioned at the Retromobile car show and sale being organised by Bonhams in Paris in February.
Harold Carr, a surgeon, apparently abandoned the rare Bugatti in his lock-up in northeastern Newcastle after buying it in the 1950s.
When the reclusive Carr died in 2007, his nephew found the Type 57S Atalante when he cleared out the garage and was amazed to learn that just 17 of the model were ever made.
His nephew, an engineer from Newcastle who wishes to remain anonymous, told the city's Evening Chronicle newspaper: "We just can't believe it.
"It's worth so much because he hasn't used it for 50 years. It was one of the original supercars. When it was built it could reach 130 miles (210 kilometres) per hour when most cars could only do 50.
"Of course we're delighted and we're going to make sure the money is shared out among the family. It's a wonderful thing to leave."
The Bugatti 57S was originally owned by British aristocrat and racing enthusiast Earl Howe, who was the first president of the British Racing Drivers' Club.
He took delivery of the sporty two-seater Atalante in 1937 and kept the car for eight years.
After it changed hands several times, Carr bought it in 1955, and drove it for a few years before parking it in the garage in the early 1960s where it remained until his death.
James Knight, international head of Bonhams' motoring department, said: "I have known of this Bugatti for a number of years and, like a select group of others, hadn't dared divulge its whereabouts to anyone.
"It is absolutely one of the last great barn discoveries... The Atalante is incredibly original and, although she requires restoration, it is 'restoration' in the true sense of the word.
"From my perspective, save for some of the interior, all original parts can be restored or conserved in order to maintain originality."
Email Story
IM Story
Printable View
Blog This
Recommend this article
Average (0 votes)
Sign in to recommend this article »
Most Recommended Stories »
Enlarge Photo
The 1937 Bugatti 57S originally owned by Earl Howe is displayed in the Bonham's auction room at Olympia, London in 2008 ahead of it's sale in the Bonham's "Retromobile" sale in Paris on February 7, 2009. The car has been stored in a barn for the last 50 years and is in original condition so is expected to be of major interest when it reaches auction.
Most Popular – Top Stories
Viewed
NASA describes final moments of Columbia tragedy
Actress Jennifer Aniston appears naked in GQ magazine
Japanese tourist spends 3 months in Mexico City airport
Hamas defiant as Israel rejects Gaza truce
World stocks end calamitous 2008, eye recovery
View Complete List »
Search:
Home
Singapore
Asia Pacific
World
Business
Entertainment
Sports
Technology
Top Stories
Most Popular