Thursday

EXPENSIVE "BUGATTI" STORY TWO

Bugatti Veyron

Authorities around the world have long puzzled how to effectively deter those who would endanger innocent lives by driving recklessly on public roads. Car confiscation laws are now in place in many jurisdictions within America, Canada, Australia, Holland, Israel, South Africa and Poland, and in Iran you can have your car confiscated if it is carrying a pet or an inadequately covered female or playing loud music – indeed, in Iran, you can even be imprisoned and flogged for driving offenses. Maybe that would be preferable for some, compared to what happened to this guy.

While those of us fortunate enough to live in civilized countries may consider such punishments overly harsh, at least they punish the perpetrator. Many punishments in countries we consider civilized are now targeting the owner of the car rather than the perpetrator.

Some jurisdictions give the cars back after impounding them for a period of time, though in Holland, the car can be confiscated permanently and that's just what happened a few weeks back when a 20-year old who had borrowed his dad's car, was booked for doing double the speed limit – 160 kmh in an 80 kmh zone.

That was just far enough over the limit to permanently lose the vehicle he was driving, and win him the world record for the most expensive speeding ticket in history, even if it was effectively being paid by his father – he was driving pop's Bugatti Veyron worth EUR1.8 million!

As far as we can determine, the car is gone for good, and dad is no doubt having a few stern words with junior, despite dad's long term association with motorsport.

The owner of the Veyron, with whom we thoroughly sympathize, is none other than technology entrepreneur Michel Perridon, the founder and CEO of Trust International, manufacturers of some of Europe's best selling computer peripherals.

Michel is a long time sponsor of motorsport and only last year Trust International was sponsoring the Red Bull Formula One team. That's F1 ace Mark Webber, Red Bull F1 Team Leader Christian Horner and wunderkind Sebastien Vettel holding a Trust International Red Bull computer mouse in the photo.

Truly, we do feel sorry for Michel – he wasn't even driving the car, yet if there's an upside, and we think there might be, it's that we think he can legitimately claim the record for himself - after all, he paid the fine. Whatsmore, he isn't going to lose the record soon. If we adjust the world's-most-expensive-speeding-ticket going forward to take inflation into account, it's gonna be a loooong time before he relinquishes the title.


Michel Perridon - can't be smiling now

upper photo credit: nykotynethefuture.wordpress.com
lower photo credit: www.quotenet.nl
edited text: Jack Martin / © 2010 gizmag

EXPENSIVE "BUGATTI" STORY ONE

1936 Bugatti 57SC Atlantic

A 1930s Bugatti has sold for about $30 million to become the world’s most expensive car -- with dealers predicting more records as billionaires look for alternatives to risky financial investments.

The Type 57SC Atlantic was bought in a private transaction for nearly as much as its asking price, dealers with knowledge of the matter said. The coupe had been owned by the New Hampshire-based neurologist Peter D. Williamson, a former president of the American Bugatti Club, who died in 2008.

The Williamson family’s sale was brokered by the Santa Monica-based classic auto specialists, Gooding & Company. Katie Hellweg, the company’s spokeswoman, said in an interview that she wouldn’t comment on the price or the buyer.

The 123-mph car was bought by the California-based collector Peter W. Mullin, who specializes in French coach- built classic cars, said Max Girardo, a London-based specialist with RM Auctions, who on May 1 held a 33.2 million-euro ($42.8 million) car sale in Monaco.

Mullin is the founder of Mullin TBG, which provides executive benefit packages. Calls to his company press office weren’t immediately returned. Mullin paid 260,500 euros at a Paris auction by Bonhams in January for a wrecked 1920s Bugatti Brescia Type-22 roadster that had been salvaged from a Swiss lake.

The Williamson Bugatti 57SC Atlantic was designed by Ettore Bugatti’s son, Jean, and debuted at the 1935 Paris Motor Show. The futuristic design, made out of welded aluminum with a distinctive central seam, attracted three orders, only two of which survive in their original condition.

One is owned by the fashion designer Ralph Lauren. The other was acquired by Williamson at a Sotheby’s auction in Los Angeles in June 1971 for a then-record price of $59,000.
 
edited text: Scott Reyburn
photo credit: bloomberg.com

Sunday

PENNSYLVANIA ON THE 8TH


SHAMROCK AUCTION SERVICE
Spring Hill and Whitt Miller Road

Wyalusing, Pennsylvania

http://www.shamrockauctions.com/

1-570-833-5913



photo credit: shamrock auction service

TEXAS ON THE 8TH

TEXAS COLLECTOR CAR AUCTION
by Bud Ward Auctions
Will Rodgers Coliseum
Ft. Worth, Texas

http://www.budward.com/

1-888-860-9664

MINNESOTA ON THE 7TH

1947 HARLEY
1972 NORTON COMMANDO 750
1979 TRIUMPH BONNEVILLE

MINNESOTA VINTAGE MOTORCYCLE AUCTION
by Midamerica Auctions
Progress Center
Minnesota State Fairgrounds

1265 North Snelling
St. Paul, Minnesota
http://www.midamericaauctions.com/

1-651-633-9655

1966 HONDA CB160

1938 MOTO GUZZI 500

1927 ARIEL B

photo credit: consignors of midamerica auctions

GERMANY ON THE 7TH


CLASSIC CARS AUCTION
by Auto Technik Auktion
Ladenburg Auction House
Ladenburg, Germany


+49 (0) 6203 957777


photo credit: Auto Technik Auktion and its consignors

INDYCAR IN KANSAS

IndyCar has returned to the oval tracks. I am not as fond of the oval tracks, but some people love them. I have to admit that they can be pretty exciting at times. I usually get to watch these races in the middle of the night on the internet.

Scott Dixon has the winning honors for the second year in a row. Dario Franchitti was second and Tony Kanaan, who has had a rough years so far, was third. For the first time this year none of the Penske cars were in the top three. No more public races this month while they get ready for the big Memorial Day event, the Indianapolis 500, at the end of the month.


photo credit: © 2010 IndyCar.com and Jim Haines
video credit: © 2010 IndyCar.com and YouTube.com