1937 Bugatti sells for $7.92 million US at American auction
Wednesday, August 20, 2008 | 02:07 PM ET
A vintage vehicle set a record when it sold over the weekend for $7.92 million US at an auction in Florida, auction house Gooding & Co. said.
A 1937 Bugatti Type 57SC Atalante Coupe set the record for the highest amount ever paid for a car at a North American auction, Gooding & Co. said.
"We're proud to have set the North American auction record with the $7.92-million sale of the 1937 Bugatti," said David Gooding, president and founder of Gooding & Co.
The Bugatti was also one of 20 cars that sold for more than $1 million, the auction house said. Five other cars sold for more than $2 million during the auction, which occurred Saturday and Sunday in Pebble Beach, Fla., the auction house said.
The 58th annual auction sold $64.2 million worth of the world's rarest automobiles, Gooding & Co. said.
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