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1937 Bugatti 57SC sells for record $9.7 million at Amelia

See this car right here? It may very well be the most valuable Bugatti ever sold at auction. Any 57 would stand among the most sought-after Bugattis among collectors. But this particular 1937 Bugatti 57SC Sports Tourer features unique bodywork from British coachbuilder Vanden Plas. That may make it look more like a Jaguar or Morgan than a Bugatti, but that signature grille tells you otherwise. Chassis number 57541 was showcased at the London Motor Show and featured in some of the company's own literature, then went on to race before and after the War on our side of the Atlantic. In superlative condition, the Vanden Plas Bugatti was valued at $11-13 million heading into the Amelia Island Concours d'Elegance where it was auctioned off by Bonhams this weekend. It didn't quite get there, but at $9,735,000, the auctioneer lauds this as "the most valuable Bugatti ever sold at auction and the most valuable car ever sold at Amelia Island." That may not actually be accurate, though. Sports Car Market logs a '31 Royale that Christie's apparently sold for slightly more at $9.8 million way back in 1987, and Gooding & Company sold a '61 Ferrari 250 GT SWB California Spider for $17 million over the same weekend. One way or another, it's a lot of money, and a beautiful car that one very fortunate owner will be taking home with him (or her) from Florida this week. Check it out in the extensive image gallery above and the video clip below. Show full PR text BONHAMS' SECOND ANNUAL AMELIA ISLAND AUCTION A SMASHING SUCCESS – WORLD RECORDS MADE, SALES NEARLY DOUBLED OVER LAST YEAR, AND THE BUGATTI 57SC BECOMES THE MOST VALUABLE BUGATTI EVER SOLD AT AUCTION For immediate release – 11 March 2016 – Amelia Island, Florida – Held Thursday, March 10th at the spacious and conveniently accessible Fernandina Beach Golf Club, Bonhams' second annual Amelia Island auction was a resounding success with nearly $27.5-million achieved. With an impressively diverse and curated selection of 95 automobiles ranging from 19th century motor carriages to 21st century supercars, the handpicked assembly offered something for every taste and interest. Leading the sale was the singular 1937 Bugatti 57SC Sports Tourer by Vanden Plas. Armed with a generous amount of international buzz from the preceding weeks, this very special pre-war car had the auction tent packed to capacity with bidders and spectators. With a starting bid of $6-million, the bidding quickly rose to $8-million.

Outrageous Thor24 semi truck to appear in the new season of 'Jay Leno's Garage'

Wednesday is Jay Leno's birthday, and CNBC used the occasion to announce the upcoming season of Jay Leno's Garage. In a new teaser video, Leno is seen with a stacked list of guests, some new, some repeats, as well as a wild gamut of vehicles, including the absolutely insane 24-cylinder, 3,424-horsepower Thor24.  The outrageous semi build, which sold at auction in Saudi Arabia earlier this year for a whopping $12 million (or $1 million per supercharger) will join the likes of the Tesla Cybertruck and a recliner on wheels on the upcoming season of Jay's series.  Thor24 View 24 Photos The formula for Jay Leno's Garage is simple, successful, and not changing anytime soon. He brings out a bunch of famous people, some of which are real enthusiasts, others who have more casual driving backgrounds, and they experience a vehicle together. In the short clip released by CNBC, Leno is accompanied by Elon Musk (again), Danny Trejo, Bill Burr, Tim Allen, Jon Hamm, Brad Garrett, Jeff Dunham, Kelly Clarkson, Matt LeBlanc, Blake Shelton, Norm MacDonald, Edd China, and Jon Lovitz.           View this post on Instagram                   Thank you for sharing your dream with us. Happy Birthday, Jay! Love always, your @cnbcprime Family. A post shared by Jay Leno's Garage (@jaylenosgarage) on Apr 28, 2020 at 8:27am PDT The people, however, are merely social lubricants to spotlight the real stars of the show, the cars. This season will include the Tesla Cybertruck, the record-breaking Bugatti Chiron Super Sport 300+, a 1965 Buick Riviera, a naked cat car, an Aston Martin DBS Superleggera, a Porsche Taycan, a modern Ford GT, a Chevrolet Corvette C8 hard-top convertible, amphicars, a snail car, a beetle car, a couch car, and the 24-cylinder, 12-supercharger, 3,424-horsepower Thor24 semi. Just to name a few. As usual, there will be racing, stunts, spinouts, smoke from both tires and engines, and lots of silly dad jokes. Season 5 of Jay Leno's Garage debuts on CNBC on May 20 at 10 p.m. ET. Related Video: Celebrities Green TV/Movies Aston Martin Bugatti Chevrolet Tesla Special and Limited Editions Jay Leno Jay Lenos Garage

Matthias Muller officially named VW Group CEO

While the vast number of rumors made it seem like a foregone conclusion, Porsche boss Matthias Muller has officially been named Volkswagen Group CEO to replace the recently resigned Martin Winterkorn. His contract runs through the end of February 2020, and until a replacement is found, Muller also gets to hang onto his old job as chairman of Porsche. At the same time, the VW Group Supervisory Board is announcing a massive structural reorganization across the entire company, with the new management model in place by the beginning of 2016. Contrary to previous rumors, Michael Horn remains as President and CEO of VW Group of America. The board wants a greater emphasis on brands and regions going forward, and the scale of this shift can be seen in the US. On November 1, VW Group business in the US, Mexico, and Canada is being combined under the leadership of current Skoda chairman Winfried Vahland. However contrary to previous rumors, Michael Horn remains as President and CEO of VW Group of America. Other brands are also seeing some significant changes mechanically. Porsche, Bentley, and Bugatti now fall under the Group's "sportscar and mid-engine toolkit." This means that the brands will start sharing standardized technical parts. A Chief Technical Officer across all of the company's brands will also start working toward future innovations. The new brand-centric view means the end of a group-wide production department. "Going forward, the brands and regions will also have greater independence with regard to production. So it follows that they should also hold the responsibility for these activities," Berthold Huber, interim Chairman of the Supervisory Board, said in the announcement. In a statement with the press release about his promotion, Muller promised to turn the company around after such an international crisis. He said: "My most urgent task is to win back trust for the Volkswagen Group – by leaving no stone unturned and with maximum transparency, as well as drawing the right conclusions from the current situation. Under my leadership, Volkswagen will do everything it can to develop and implement the most stringent compliance and governance standards in our industry." Matthias Muller appointed CEO of the Volkswagen Group Muller remains Chairman of Porsche AG until a successor has been found Matthias Muller (62) has been appointed CEO of Volkswagen AG with immediate effect.