Alex has written for Vanity Fair, Barrons, Bloomberg and Condé…
We have seen a lot of broken records recently but this is perhaps the most stunning of the lot. An incredibly rare 1936 Bugatti 57SC Atlantic has obliterated the record price ever paid for an automobile. Reports have yet to clarify the exact figure but it falls somewhere between $30-40 million. The most valuable car ever sold at a public auction was a 1957 Ferrari 250 Testa Rossa which sold in Maranello, Italy, in May 2009 for $12.2 million. However there have also been undisclosed reports that a British businessman bought a Ferrari 250 GTO in 2008 for $28 million. Either way the Bugatti triumphs hands down. – From Luxury Insider
Alex has written for Vanity Fair, Barrons, Bloomberg and Condé Nast Traveler.