Remember this Bugatti Type 22 Brescia that was recovered from Lake Maggiore in Switzerland last year?! This car has spent more than 70 years under the water, so as you see in the pictures it is just a pile of rust. But a European bidder at Bonhams retromobile sales in Paris just paid €260,500 for it! Representing the Peter Mullin Collection in California, they are going to put this car in the museum in its present condition. After all restoring this thing almost means rebuilding it from scratch!
Lake Maggiore Bugatti Type 22 sells for €260,500,