Fiat goes under the hammer for the first time in 108 years

| 22 Mar 2013

The sole-surviving 1905 Fiat 60HP Five-Passenger Touring Car is estimated to make in excess of €1.4million at RM’s 25 May Villa d’Este sale on the shores of Lake Como.

The aluminium-bodied car was built especially for American-based brewing magnate August Anheuser Busch at a cost of $20,000. Number two of just 20, it was ordered through US importer Holland and Tangman and completed by luxury coachbuilder Quimby.

Featured at Pebble Beach in 2012, the Edwardian car sports original paint, brasswork, upholstery and mechanicals and is said to be the last of its kind in the world.

RM’s managing director in Europe Max Girardo said: “It is undoubtedly the ultimate performance and luxury car of its time.”

The ex-Earl Howe 1933 Mille Miglia works car, MG K3 will top the list of British classics in the sale and is expected to make €550-600,000.

Chassis number K3001 is the first production K3 built and features a supercharged six-cylinder engine.

The MGs were conceived to take on Alfa Romeo and Maserati at the Mille Miglia and Howe guided this machine to second in class, with another K3 finishing just ahead of him.   

The auction house will also sell a trio of Bugattis a Type 57 Ventoux (€290-400,000), a 1929 Type 40 (€250-300,000) and a 1927 Type 37 Grand Prix (€750,000-1million).

The latter was originally delivered to London after before being exported to Asia and spending time in China, Malaysia and Singapore. It also competed in the 1972 Mille Miglia before settling in France where it has remained since.

The full lot list is available on RM’s website.