Wednesday, 27 January 2010

'Drowned' 1925 Bugatti Type 22

'Drowned' 1925 Bugatti Type 22
Bugatti Type 22 is being sold at auction for £ 228,000 - despite spending the last 70 years under the surface of Lake Maggiore in northern Italy. The car, which had a 30bhp 1.5-liter four-cylinder engine and multi-valve cylinder head, first registered in 1925 in Paris, before officially imported to Switzerland by a young architect. With the Swiss government demanding duties and then out-dated cars are all but worthless, the cheapest solution is for the car should be driven into the lake.

Local divers found the ruins in the 1960s, 53 meters below the surface and embalmed in the mud. Last year, a rescue team to recover from Bugatti, expresses one side in a far better than the other as a lake of mud has helped to defend. The Bugatti and auction at Retromobile auction, fetching £ 228,000 - £ 160,000 more than the highest estimate. Winning bidder plans to display the car in the current conditions.

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