Thursday, 28 April 2016

Bugatti Sale of the Century

American John Shakespeare from Illinois was a curious gentleman who sought the unusual and the exciting.

Heir to his father’s fishing tackle fortune, John discovered fast cars amongst his other distractions of skydiving and waterskiing. He also had interests in
oil, real estate and auto dealerships.

He tried his hand at racing Ferraris in the mid-1950s, even racing with Luigi Chinetti to a 6th place finish of the 1954 Carrera Panamericana in a Ferrari 375 MM.

By 1963, he had accumulated a large collection of rare cars, with a strong focus on Bugatti’s.

The
Schlumpf
brothers in Mulhouse France heard of his Bugatti’s, and thought they would make excellent additions to the museum they were creating.

Negotiations began, with lots of back and forth, and by 1964, a deal was struck where Shakespeare would selling them all his 30 Bugatti’s for the lowly sum, including shipping, of $85,000 USD, which works out to about $650,000 USD in today’s money!



John Shakespeare seeing off his 30 Bugatti's
Pen&ink and white markers on blue and brown paper © Paul Chenard 2016


They were all loaded up on railcars, and shipped to France.

Considering that most individual vintage Bugatti’s sell between $350,000 and $30,000,000 USD today, the Shakespeare Bugatti deal could certainly be considered the used-car sale of the century!

2 comments:

phil nelson said...

I live in Halifax and wondering where or how I can purchase some of your work?

Automobiliart.com said...

Hi Phil
You can give me a call at 902-817-9273 or email me at paul.chenard@hotmail.com
On my May work schedule, I'm free Mondays (accept tomorrow), Thursdays and Fridays.
BTW, my place is a mess because I'm working on a few art projects at once, including a BMW camshaft lamp celebrating their 1976 Daytona win!
Cheers!
Paul