Bugatti Tybe 57SC Atlantic Sells Destroys Auction Price Record / Ends @ $40 Million

A 1936 Bugatti Type 57SC Atlantic — one of just four made — sold recently to a private buyer, and its reported price is, in a word, stunning. Just how much, you ask? Well, auction house and broker Gooding & Company is keeping mum, but reports put the transaction at a stunning $30 million to $40 million.

The car used to be the flagship of the Williamson Bugatti Collection and took Best in Show at the 2003 Pebble Beach Concours d’Elegance. It doesn’t get much better than that.

According to Gooding & Co., the car was derived from Bugatti’s prototype Aerolithe Electron Coupe, and this particular car was the first of four made, whose restoration “has been revered by enthusiasts throughout the world.”

The car’s new owner has not been disclosed, but Gooding & Co. said the buyer is “a devote connoisseur who will become the guardian of this treasured piece of automotive history.”

“I am extremely pleased to have found the new buyer for the 1936 Bugatti Type 57SC Atlantic, one of the world’s most significant and valuable automobiles that has been in a private collection and rarely seen during the past four decades,” David Gooding, president and founder of Gooding & Company, said in a statement. “It has been a great pleasure to work with the Williamson Family and Trust in this important endeavor.”

As for that astonishing price, reported on, if it’s accurate the transaction would far eclipse a record set last year: $12 million for a 1957 Ferrari 250 Testa Rossa.