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Rare Bugatti may fetch $9 million


British auctioneer Bonhams is selling a very original and rare Bugatti Atalante at next month's Paris Retromobile.

British auctioneer, Bonhams, expects bids into the millions when it puts up for sale a Bugatti Type 57S Atalante that has been stored in an English garage for 50 years.

Classic car experts says the car, one of 17 made, could sell for up to $9 million in the auction at the Retromobile classic car show in Paris in February.

A British surgeon, Harold Carr, is said to have bought the car in the 1950s, used it for a few years, and then parked it in a Newcastle lock-up.

Carr’s nephew found the Atalante when he cleared out the garage after the doctor died in 2007.

British gentleman racer, Earl Howe, originally owned the Bugatti, taking delivery in 1937 and using it for eight years. Carr bought it in 1955, and parked it in the garage in the early 1960s.

Bonhams’ motoring department head, James Knight, says the Atalante is “absolutely one of the last great barn discoveries (and) is incredibly original and, although she requires restoration, it is restoration in the true sense of the word. From my perspective, save for some of the interior, all original parts can be restored or conserved in order to maintain originality."

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