Press release5/3/2024

Timeless Bugatti models set new auction records

Molsheim

Over the course of its 115-year history, Bugatti has produced some of the most sought-after cars of all time. Renowned for their engineering ingenuity, their inherent beauty and their rarity, the opportunity for enthusiasts to buy a Bugatti at auction is always met with an intense excitement that demonstrates the timeless appeal of the Bugatti brand. At the recent Selections from the Mullin Collection Auction by Gooding & Company, each Bugatti model outperformed its estimated sale price.

Star of the recent Mullin Collection Auction was a 1938 Bugatti Type 57C Aravis ‘Special Cabriolet, which sold for $6,605,000 – a world record price for this model.

A Bugatti Type 46 Semi-Profilée Coupe shattered the world record for a Type 46, selling for $1,105,000, against a lower estimate of $650,000.

All Bugatti models on offer achieved prices above the estimates – a clear sign of the importance of Bugatti in collectors' circles.

Several highly original and unrestored Bugattis performed well above their estimates, amongst them a 1931 Bugatti Type 40A Roadster.

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The Mullin Collection lots were offered from the former Mullin Automotive Museum in Oxnard, California. It was renowned as the greatest collection of French Classic and Art Deco automobiles in the world, alongside many other star attractions, but closed permanently following the death of its visionary founder, Peter Mullin, in September 2023. Displaying the remarkable talent of the entire Bugatti family, the Mullin Automotive Museum housed more than 75 pieces of furniture by Carlo Bugatti, numerous sculptures by Rembrandt, and the largest private collection of Ettore and Jean Bugatti automobiles in the world. For a long time, the highlight of the museum was the Jean Bugatti-designed 1936 Type 57SC Atlantic.

A selection of these extraordinary models were offered by Gooding & Company at its recent sale, with the star of the auction a 1938 Bugatti Type 57C Aravis ‘Special Cabriolet‘, with a lower estimate of $2,500,000 which sold for $6,605,000 – a world record price for this model. The supercharged Type 57C is one of only three examples of the Gangloff-bodied Aravis that survived until today, ordered new by Avignon agent Granat & Fils for famed Bugatti team racing driver Maurice Trintignant. Featuring ivory bodywork with dark blue fenders and trim, chassis 57768 was successfully raced in-period by Trintignant at the Grand Prix du Comminges in 1939. It underwent a nut-and-bolt restoration in 2005 by Sargent Metal Works and was part of the Peter Mullin Collection since 2002.

A Bugatti Type 46 Semi-Profilée Coupe also shattered the world record for a Type 46, selling for $1,105,000, against a lower estimate of $650,000. Adorned in beautifully executed, replicated semi-profilée-style coachwork, this rare Type 46 was ordered new by Bugatti agent Vladimir Gut in Prague, where it spent a portion of its early life gracing the stables of prominent Czech owners. After passing through a succession of owners it underwent a restoration in the early 2000s, when Harry Kouwen was contracted to make a replica of the most stunning body ever to grace a Type 46: the Semi-Profilée.

Yet it was not only the restored cars that attracted attention and were sold at top prices. Several highly original and unrestored Bugattis performed well above their estimates, including a 1927 Bugatti Type 40 ‘Break de Chasse‘. The Bugatti was ordered and delivered on December 2, 1927, to Fernand Huck and during the 1930s or 1940s, the Type 40 was converted to the distinctive, wooden “shooting brake” body it wears today. It sold for $445,000, with a lower estimate of $100,000. Two Bugatti Type 57 Ventoux models – both with original engines and bodywork – achieved double their estimates alongside strong sales for the 1927 Bugatti Type 40 Faux Cabriolet and 1931 Bugatti Type 40A Roadster.

“Bugatti is consistently among the most revered marques for car collectors, with each car a treasure trove of history, beauty and innovation. These latest auction results from Gooding & Company reveal that the appetite for Bugatti models isn’t just retained, but it’s accelerating. Fierce bidding battles between passionate customers, each hoping to own another piece of the Bugatti story pushed values far above expectations. And it’s all thanks to the timelessness of our models. In their design and their purity, a Bugatti is unlike anything else, and it’s that DNA that we seek to apply in its most distilled form into everything we do today and in the future.”