Extremely rare Bugatti finds home in New Zealand

29 June, 2015

Generally speaking, Bugattis are a rare and elusive breed on New Zealand shores. But among the few that reside here, there is one that stands out above the rest in terms of rarity, and New Zealand Classic Car magazine was among the few-hundred invited guests to witness its revelation at Hamilton’s Classics Museum earlier this month.

Owned by Classics Museum owner Tom Andrews, this 1937 Bugatti Type 57 carries an interesting history — and it’s set to have an equally interesting future ahead of it.

By common knowledge thought to be almost extinct, this particular Type 57 — one of only 719 ever built by Bugatti — was discovered in December 2014 in western France as part of ‘The Baillon Collection’. One of the largest barn find treasure-troves in recent history, the 60 cars recovered fetched a total price of US$28.5 million (just shy of NZ$42 million), at auction — some US$10 million higher than price estimated. Tom’s seasoned Type 57 sold for NZ$489,260.

Initially built as a Gangloff-bodied Bugatti, this example was rebuilt with a Ventoux body before eventually winding up in Roger Baillon’s collection of cars where it would sit and rust alongside many other exotic European classics for several decades before being sold to Tom and subsequently making the trip to New Zealand.

While it was revealed to the public in a rather sorry-looking state, the car is set to undergo a remarkable transformation. Tom’s short-term goal is to rebuild it as a Ventoux-bodied car. But his long-term goal is more intriguing: he plans to eventually rebuild the car as a Bugatti Atlantic — one of the rarest, most sought-after cars ever made.

With only four examples ever produced, the Atlantic is a grail for many, as evidenced by Ralph Lauren’s stunning, award-winning, black Type 57SC Atlantic selling for US$40 million (NZ$58.4 million) in 2010. Its swooping lines and curves live on as an exemplary sample of 1930s design and engineering. The notion of a fifth Atlantic rising from the ashes and finding its home in New Zealand is exciting to say the least.

But for now, Tom’s Type 57 will be rebuilt in Ventoux form. We’ll be following this one with plenty of interest!

Ford’s Mustang – the endlessly hip American dream machine

Fifty or so years ago, the only place in New Zealand to see a Ford Mustang was on the racetrack. In a local market severely constrained by a lack of new motor vehicles, the new North American Ford was a dreamy icon boosted by considerable motorsport success.
Import licences for cars were limited, and if Kiwis travelled abroad, the amount of currency they could take with them was restricted. What’s more, those funds could not be used to buy a car for importation back home. Yet it was OK to spend the money on heavy drinking at a London pub, Gucci shoes, sable fur coats, and excessive stays at the Hôtel Martinez at Cannes in France.
However, any rare Mustang that landed on our shores would not be destined to pose around Auckland’s then trendy Queen Street on a Friday night but would more likely be found in the care of well-known racing drivers on the starting grid at local motor racing tracks.

Chrysler’s classy cruiser

I first saw our feature car, a 1970 V8-powered Regal 770 hardtop, towing a trailer carrying the tidy Ford Anglia classic racing saloon in Broadspeed racing colours that has featured in these pages. The coupe is comparatively rare here, which means anyone contemplating purchasing one of these big two-doors is sure to see prices continue to climb. The latter Charger has claimed much of the Aussie Chrysler limelight, but the simpler and classier lines of this car, which appeared dated soon after its introduction, now have a more timeless appeal.
Former owner, Balclutha motor engineer, Mike Verdoner, remembers the car well. He believes it came from Dunedin originally.
“I’m not sure about the car’s history, but I bought it off its owner at Kaitangata. Unusually, it was advertised in the local newspaper, the Clutha Leader, which was a surprise as these usually go for a lot more money on the internet. I had it for quite a few years. It needed a little bit of work to tidy it up, so I had to decide whether to spend the money on it to do it up, which could have been twenty grand. Its value at the time was not like it is now, so I sold it to Ewan. It’s probably now worth three or four times what I sold it for.”