The “outstanding” Bugatti is in “exceptionally rare condition” and is being sold by Bonhams after being found in the workshop of its late owner, engineer and car enthusiast Bill Turnbull, in the English county of Staffordshire, the auction house said.
Turnbull, originally from New Zealand, purchased the vehicle from its previous owner in 1969 and then set about quietly restoring it.
Over the five decades since, the Bugatti was all but forgotten. At the time of Turnbull’s death in 2020, the restoration project was almost complete.
“When they came out they were effectively the fastest and most exclusive car you could buy,” he said.
“But they didn’t build many of them and most of them [now] are in major collections or museums globally. This one has lain undiscovered for over 50 years,” he added.
“This could well be the last ‘hidden’ pre-war Bugatti of note,” he added.
The Bugatti Type 57S, pictured here circa 1937, is estimated to fetch a price tag of up to $9.5 million at auction next month. Credit: Bonhams
One of the most fascinating features of the car, according to Bonhams, is that the chassis of the car is thought to have first been produced for the record-breaking, Grand Prix-winning Bugatti Type 57G Tank racing car model — of which only three were made.
A spokesperson for the auction house explained that the car body had been built around the chassis, which had essentially been recycled by Bugatti.
The car is being offered in “exceptionally rare condition,” auction house Bonhams said. Credit: Bonhams
The Bugatti is to be auctioned by Bonhams in London on February 19.