World's most expensive car on display at California museum

(August 9, 2010) If you're interested in seeing the most expensive car in the world, now's the time to plan a trip to Southern California. The Mullin Automotive Museum is displaying a 1936 Bugatti Type SC57 Atlantic. The museum is located in Oxnard, about an hour's drive north of Los Angeles.

The Bugatti sold for more than $30 million earlier this year.

The museum, specializing in Art Deco and streamline eras cars, says the Bugatti will be on display for a limited time.

"I am honored to have the opportunity to display the Bugatti Atlantic at our Art Deco museum," said Peter Mullin, founder of the Mullin Automotive Museum. "The Art Deco Movement was driven by people who were fascinated by invention and innovation - by the exotic nature of new technology and materials, by art and design, by speed and by the machine - no automobile captures this spirit more than the Bugatti Atlantic."

According to the museum, the Atlantic was an automobile derived from Bugatti's prototype "Aerolithe Electron Coupe," a vehicle that caused a sensation when unveiled at the 1935 Paris Auto Salon.

From its inception, the Atlantic defined exotic. It was radical both in its design and engineering. Jean Bugatti produced the Atlantics spectacular sculpted appearance using riveted aluminum panels that he mounted on Bugatti's most sophisticated, powerful and revolutionary Type 57S chassis.

While only three Atlantics were built, this car (chassis #57374) is the first in the series, widely believed to be the most original and correct in form. It was built in 1936 and many suggest that parts from the Aerolithe prototype were used in its production. This car's first owner Lord Victor Rothschild of London, ordered the car in light blue, with dark blue interior.

In 1939, the car was sent back to the Bugatti factory to be fit with a supercharger. Bob Oliver of Los Angeles was the second owner. Dr. Peter Williamson then purchased the car in 1971, for $59,000, a world record price at the time. Over many years, he respectfully restored the car to its 1939 specification. In 2003, the car made its debut at the Pebble Beach Concours d'Elegance where it was awarded the prestigious honor of "Best in Show".