$eight.3M for Lamborghini Veneno Roadster tops outcomes of seized supercars public sale

A set of seized supercars together with ultra-rare fashions just like the Lamborghini Veneno Roadster and Koenigsegg One:1 have been bought at a Bonhams public sale in Cheserex, Switzerland, on Sunday.

The automobiles, 25 in complete, beforehand belonged to Teodoro Nguema Obiang Mangue, the son of Equatorial Guinea President Teodoro Obiang Nguema Mbasogo, however have been seized by Swiss authorities in 2016 as a part of a wider investigation by French authorities over Mangue’s alleged misappropriation of state funds. He was finally discovered responsible of embezzlement following a French trial in 2017.

The Veneno Roadster, considered one of 12 Venenos bought to the general public (three coupes and 9 roadsters), fetched the best bid, with the ultimate gross sales determine coming in at $eight.32 million, together with fee. That is a staggering worth, even with the automotive’s extraordinarily low mileage of 201 miles.

Seized supercars of Teodoro Nguema Obiang Mangue – Picture by way of Bonhams

A controversial sale was that of a Koenigsegg One:1 whose closing bid got here in at $four.6M. Bonhams had estimated the automotive’s worth at between $1.8M and $2.37M, which prompted Koenigsegg to launch a press release that the automotive’s worth based mostly on earlier gross sales was double the estimate.

One other attention-grabbing consequence was the sale of a Ferrari Enzo for $three.1M, which was considerably larger than the $2.2M Ferrari LaFerrari within the assortment commanded. Historically, it has been the opposite means round.

Different highlights included an Aston Martin One-77 ($1.5M), Bugatti Veyron ($1.3M), McLaren P1 ($1.3M) and a Porsche 918 Spyder ($1.5M).

Seized supercars of Teodoro Nguema Obiang Mangue - Image via Bonhams

Seized supercars of Teodoro Nguema Obiang Mangue – Picture by way of Bonhams

Many of the bidders on the automobiles have been nameless, although one of many bidders informed Reuters in an interview revealed Monday that a number of of the automobiles have been purchased by a single collector within the Center East.

Proceeds from the sale of the automobiles will probably be used to seek out social packages in Equatorial Guinea.

This is not the primary time a seized assortment of automobiles beforehand owned by Mangue have been bought at public sale. A set that included two Veyrons, a Ferrari Enzo and a Porsche Carrera GT have been seized by French authorities in 2011 and bought in 2013 for $four million. Hopefully he is discovered his lesson this time.

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