---
title: Bugatti Type 35 · HICONIUM
description: The Type 35 turned one Grand Prix design into a family of customer racing cars. Cast-aluminium wheels carried the brake drums and its straight-eight tolerated sustained high revs. Continuous identity matters.
canonical_url: https://hiconium.dev/vehicles/bugatti/type-35
image: https://hiconium.dev/og/vehicle/bugatti/type-35.png
market_as_of: "2026-09-01"
---

> HICONIUM · Index: https://hiconium.dev/llms.txt · Every page: append `.md` or send `Accept: text/markdown`.
> Path: [Home](https://hiconium.dev/) › [Vehicles](https://hiconium.dev/models) › [Bugatti](https://hiconium.dev/manufacturers/bugatti) › Type 35
> On this page: [The price and the proof](#the-price-and-the-proof) · [Model readouts](#model-readouts) · [Documented sales](#documented-sales) · [A difficult debut, then six seasons of development](#overview-heading) · [Technical specifications](#technical-specifications) · [Powertrain](#powertrain) · [Chassis](#chassis) · [Type 35 register](#type-35-register) · [The people behind the car](#the-people-behind-the-car) · [Ettore Bugatti](#ettore-bugatti) · [Edmond Moglia](#edmond-moglia) · [Member instruments](#member-instruments)

![A French racing blue Bugatti Type 35, front three-quarter view on a French-blue field with golden dust](https://hiconium.dev/images/cars/bugatti-type-35/hero-wide-2560.jpg)

# Type 35

Racing by multiplication

The Type 35 turned one Grand Prix design into a family of customer racing cars. Cast-aluminium wheels carried the brake drums and its straight-eight tolerated sustained high revs. Continuous identity matters.

1924 to 1930 · ~340 built · Molsheim

## The price and the proof

Indicative road-car band $1M–$4M · 32 documented road sales · 32 recorded sales on file · market as of 2026-09-01. Modeled values are not observed sales. Nothing here is investment advice.

Confidence: medium. Public results exist, but they cover materially different Type 35 specifications and levels of originality. Continuous factory identity, period racing history and original major components dominate the spread.

Family-level USD band for documented Molsheim-built cars. Reconstructed, assigned-identity and continuation cars are separate markets.

Valuation method and source rules: [HICONIUM standards](https://hiconium.dev/standards). Observed auction results across the wider market: [Market terminal](https://hiconium.dev/market).

### Model readouts

32 documented anchors. model v1 · seed bugatti-type-35. Compound annual growth is modeled price CAGR; S&P 500 is a price index without dividends. Forecast quantiles are not investment advice.

| Window | This car* | S&P 500 | Gold |
| --- | --- | --- | --- |
| 1Y | +58.5% | +18.8% | +21.9% |
| 5Y | +9.8% | +11.4% | +17.6% |
| 10Y | +3.8% | +13.3% | +11.8% |

| Series | Deepest drawdown | Window |
| --- | --- | --- |
| This car* | -99.7% | Jan 2017 → Jun 2019 · recovered Aug 2020 |
| S&P 500 | -50.8% | Oct 2007 → Mar 2009 · recovered Mar 2013 |
| Gold | -39.3% | Sep 2011 → Dec 2015 · recovered Jul 2020 |

| Horizon | P10 | P50 | P90 |
| --- | --- | --- | --- |
| +6M | $1'715'918 | $2'081'622 | $2'525'265 |
| +12M | $1'658'902 | $2'166'574 | $2'829'609 |
| +24M | $1'611'378 | $2'347'022 | $3'418'509 |

### Documented sales

32 recorded. Every public sale on this file, newest first. Amounts keep the recorded currency. Source links appear only when the catalog stores a public auction-lot URL.

| Date | Chassis / label | Class | House | Venue | Amount | Currency | Basis | Source |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 2025-02-28 | RM Sotheby's · Miami, USA · incl. buyer's premium | Road | RM Sotheby's | Miami, USA | $1'380'000 | USD | incl. buyer's premium | [https://rmsothebys.com/auctions/mi25/lots/r0001-1930-bugatti-type-35b-grand-prix/](https://rmsothebys.com/auctions/mi25/lots/r0001-1930-bugatti-type-35b-grand-prix/) |
| 2025-02-06 | bonhams · Paris, The Grand Palais Historique · hammer | Road | bonhams | Paris, The Grand Palais Historique | €660'000 | EUR | hammer | [https://cars.bonhams.com/auction/30406/lot/156/1925-bugatti-type-35-grand-prix-two-seater-chassis-no-4644-engine-no-45/](https://cars.bonhams.com/auction/30406/lot/156/1925-bugatti-type-35-grand-prix-two-seater-chassis-no-4644-engine-no-45/) |
| 2024-12-12 | Bonhams · The Bond Street Sale, London, UK · incl. buyer's premium | Road | Bonhams | The Bond Street Sale, London, UK | £552'000 | GBP | incl. buyer's premium | [https://cars.bonhams.com/auction/29336/lot/107/1925-bugatti-type-35a-35t-23-litre-grand-prix-two-seater-chassis-no-4564-engine-no-stamped-4826/](https://cars.bonhams.com/auction/29336/lot/107/1925-bugatti-type-35a-35t-23-litre-grand-prix-two-seater-chassis-no-4564-engine-no-stamped-4826/) |
| 2024-03-01 | Gooding Christie's · Amelia Island Auction, Amelia Island, USA · incl. buyer's premium | Road | Gooding Christie's | Amelia Island Auction, Amelia Island, USA | $582'500 | USD | incl. buyer's premium | [https://www.goodingco.com/lot/1925-bugatti-type-35c-grand-prix/](https://www.goodingco.com/lot/1925-bugatti-type-35c-grand-prix/) |
| 2024-02-02 | 2024 | Road | Artcurial | Rétromobile 2024, Paris, France | €405'280 | EUR | incl. buyer's premium | [https://glenmarch.com/auction-cars/show-backup-image/142080/results](https://glenmarch.com/auction-cars/show-backup-image/142080/results) |
| 2023-09-09 | Bonhams · Goodwood Revival, Goodwood, UK · incl. buyer's premium | Road | Bonhams | Goodwood Revival, Goodwood, UK | £345'000 | GBP | incl. buyer's premium | [https://cars.bonhams.com/auction/27998/lot/231/1929-bugatti-type-35b-grand-prix-chassis-no-bc138-engine-no-3558/](https://cars.bonhams.com/auction/27998/lot/231/1929-bugatti-type-35b-grand-prix-chassis-no-bc138-engine-no-3558/) |
| 2023-02-04 | Artcurial · Rétromobile, Paris, France · incl. buyer's premium | Road | Artcurial | Rétromobile, Paris, France | €2'216'800 | EUR | incl. buyer's premium | [https://glenmarch.com/auction-cars/show-backup-image/124909/results](https://glenmarch.com/auction-cars/show-backup-image/124909/results) |
| 2022-05-13 | Bonhams · The Monaco Sale 'Les Grandes Marques à Monaco', Monaco, Monaco · incl. buyer's premium | Road | Bonhams | The Monaco Sale 'Les Grandes Marques à Monaco', Monaco, Monaco | €2'000'000 | EUR | incl. buyer's premium | [https://www.bonhams.com/auction/27712/lot/118/1927-bugatti-t35-b-chassis-no-4888-engine-no-127-tc/](https://www.bonhams.com/auction/27712/lot/118/1927-bugatti-t35-b-chassis-no-4888-engine-no-127-tc/) |
| 2022-03-27 | Aguttes · The Spring Sale, Paris, France · incl. buyer's premium | Road | Aguttes | The Spring Sale, Paris, France | €507'400 | EUR | incl. buyer's premium | [https://glenmarch.com/auction-cars/show-backup-image/107849/results](https://glenmarch.com/auction-cars/show-backup-image/107849/results) |
| 2022-03-19 | 2022 | Road | Artcurial | Rétromobile 2022, Paris, France | €333'760 | EUR | incl. buyer's premium | [https://glenmarch.com/auction-cars/show-backup-image/108108/results](https://glenmarch.com/auction-cars/show-backup-image/108108/results) |
| 2022-03-19 | 2022 | Road | Artcurial | Rétromobile 2022, Paris, France | €655'600 | EUR | incl. buyer's premium | [https://glenmarch.com/auction-cars/show-backup-image/108105/results](https://glenmarch.com/auction-cars/show-backup-image/108105/results) |
| 2021-08-14 | Gooding Christie's · The Pebble Beach Auctions, Pebble Beach, USA · incl. buyer's premium | Road | Gooding Christie's | The Pebble Beach Auctions, Pebble Beach, USA | $5'615'000 | USD | incl. buyer's premium | [https://www.goodingco.com/lot/1929-bugatti-type-35b-grand-prix](https://www.goodingco.com/lot/1929-bugatti-type-35b-grand-prix) |
| 2021-06-21 | Osenat · Automobiles de Collection, Fontainebleau, France · incl. buyer's premium | Road | Osenat | Automobiles de Collection, Fontainebleau, France | €252'000 | EUR | incl. buyer's premium | [https://www.osenat.com/en/lot/111624/15360334?sort=1&offset=10](https://www.osenat.com/en/lot/111624/15360334?sort=1&offset=10) |
| 2021-05-19 | Bonhams · The Bond Street Sale, London, UK · incl. buyer's premium | Road | Bonhams | The Bond Street Sale, London, UK | £333'500 | GBP | incl. buyer's premium | [https://cars.bonhams.com/auction/27194/lot/17/1927-bugatti-type-35b-grand-prix-two-seater-chassis-no-bc43-engine-no-137t/](https://cars.bonhams.com/auction/27194/lot/17/1927-bugatti-type-35b-grand-prix-two-seater-chassis-no-bc43-engine-no-137t/) |
| 2020-09-05 | Gooding Christie's · Passion of a Lifetime, Hampton Court Palace, UK · incl. buyer's premium | Road | Gooding Christie's | Passion of a Lifetime, Hampton Court Palace, UK | £3'935'000 | GBP | incl. buyer's premium | [https://glenmarch.com/auction-cars/show-backup-image/74097/results](https://glenmarch.com/auction-cars/show-backup-image/74097/results) |
| 2019-06-02 | bonhams · Greenwich · hammer | Road | bonhams | Greenwich | $8'500 | USD | hammer | [https://cars.bonhams.com/auction/25220/lot/44/a-bugatti-type-35-grand-prix-childs-car-by-group-harrington/](https://cars.bonhams.com/auction/25220/lot/44/a-bugatti-type-35-grand-prix-childs-car-by-group-harrington/) |
| 2019-02-07 | bonhams · Paris, The Grand Palais Historique · hammer | Road | bonhams | Paris, The Grand Palais Historique | €12'000 | EUR | hammer | [https://cars.bonhams.com/auction/25339/lot/201/2018-bugatti-type-35-childs-car/](https://cars.bonhams.com/auction/25339/lot/201/2018-bugatti-type-35-childs-car/) |
| 2018-05-11 | bonhams · Monaco, Villa La Vigie · hammer | Road | bonhams | Monaco, Villa La Vigie | €16'000 | EUR | hammer | [https://cars.bonhams.com/auction/24953/lot/11/2018-bugatti-type-35-childs-car/](https://cars.bonhams.com/auction/24953/lot/11/2018-bugatti-type-35-childs-car/) |
| 2017-11-05 | Artcurial · Automobiles sur les Champs 11, Paris, France · incl. buyer's premium | Road | Artcurial | Automobiles sur les Champs 11, Paris, France | €1'438'880 | EUR | incl. buyer's premium | [https://glenmarch.com/auction-cars/show-backup-image/34904/results](https://glenmarch.com/auction-cars/show-backup-image/34904/results) |
| 2017-10-06 | bonhams · Knokke-Heist, Le Zoute · hammer | Road | bonhams | Knokke-Heist, Le Zoute | €24'000 | EUR | hammer | [https://cars.bonhams.com/auction/24130/lot/21/bugatti-type-35-childs-car/](https://cars.bonhams.com/auction/24130/lot/21/bugatti-type-35-childs-car/) |
| 2017-08-19 | RM Sotheby's · Monterey, USA · incl. buyer's premium | Road | RM Sotheby's | Monterey, USA | $1'155'000 | USD | incl. buyer's premium | [https://glenmarch.com/auction-cars/show-backup-image/31906/results](https://glenmarch.com/auction-cars/show-backup-image/31906/results) |
| 2017-01-21 | 2017 | Road | Gooding Christie's | The Scottsdale Auctions 2017, Scottsdale, USA | $3'300'000 | USD | incl. buyer's premium | [https://glenmarch.com/auction-cars/show-backup-image/24132/results](https://glenmarch.com/auction-cars/show-backup-image/24132/results) |
| 2016-05-13 | bonhams · Monte Carlo, Fairmont Hotel · hammer | Road | bonhams | Monte Carlo, Fairmont Hotel | €920'000 | EUR | hammer | [https://cars.bonhams.com/auction/23591/lot/118/current-bugatti-connoisseur-ownership-since-1964-the-ex-glen-kidston-george-duller-vivian-selby-lyndon-duckett-ex-miramas-autodrome-ex-brooklands-motor-course-ex-shelsley-walsh-ex-southport-sands-ex-rob-roy-hill-climb-etc1925-bugatti-type-35-grand-prix-two-seater-chassis-no-4450-engine-no-75c/](https://cars.bonhams.com/auction/23591/lot/118/current-bugatti-connoisseur-ownership-since-1964-the-ex-glen-kidston-george-duller-vivian-selby-lyndon-duckett-ex-miramas-autodrome-ex-brooklands-motor-course-ex-shelsley-walsh-ex-southport-sands-ex-rob-roy-hill-climb-etc1925-bugatti-type-35-grand-prix-two-seater-chassis-no-4450-engine-no-75c/) |
| 2014-08-17 | 2014 | Road | Gooding Christie's | Pebble Beach 2014, Pebble Beach, USA | $2'970'000 | USD | incl. buyer's premium | [https://glenmarch.com/auction-cars/show-backup-image/56486/results](https://glenmarch.com/auction-cars/show-backup-image/56486/results) |
| 2014-05-10 | RM Sotheby's · Monaco · incl. buyer's premium | Road | RM Sotheby's | Monaco | €728'000 | EUR | incl. buyer's premium | [https://rmsothebys.com/en/auctions/mc14/monaco/lots/r172-1926-bugatti-type-35b-grand-prix/181730](https://rmsothebys.com/en/auctions/mc14/monaco/lots/r172-1926-bugatti-type-35b-grand-prix/181730) |
| 2014-02-06 | Bonhams · Les Grandes Marques Du Monde Au Grand Palais, Paris, France · incl. buyer's premium | Road | Bonhams | Les Grandes Marques Du Monde Au Grand Palais, Paris, France | €1'610'000 | EUR | incl. buyer's premium | [https://www.bonhams.com//auctions/21768/lot/385/?category=list&length=100000&page=1](https://www.bonhams.com//auctions/21768/lot/385/?category=list&length=100000&page=1) |
| 2004-10-08 | bonhams · San Francisco · hammer | Road | bonhams | San Francisco | $180 | USD | hammer | [https://cars.bonhams.com/auction/13043/lot/99/type-35-bugatti-by-tony-upson/](https://cars.bonhams.com/auction/13043/lot/99/type-35-bugatti-by-tony-upson/) |
| 2004-08-13 | 1375 | Road | bonhams | Carmel, Quail Lodge & Golf Club | $700 | USD | hammer | [https://cars.bonhams.com/auction/13027/lot/1375/type-35-bugatti-by-tony-upson/](https://cars.bonhams.com/auction/13027/lot/1375/type-35-bugatti-by-tony-upson/) |
| 2004-08-13 | 1446 | Road | bonhams | Carmel, Quail Lodge & Golf Club | $1'600 | USD | hammer | [https://cars.bonhams.com/auction/13027/lot/1446/type-35-bugatti-by-tony-upson/](https://cars.bonhams.com/auction/13027/lot/1446/type-35-bugatti-by-tony-upson/) |
| 2004-08-13 | bonhams · Carmel, Quail Lodge & Golf Club · hammer | Road | bonhams | Carmel, Quail Lodge & Golf Club | $2'000 | USD | hammer | [https://cars.bonhams.com/auction/13027/lot/1498R/a-1-8-scale-model-bugatti-type-35-by-art-collection/](https://cars.bonhams.com/auction/13027/lot/1498R/a-1-8-scale-model-bugatti-type-35-by-art-collection/) |
| 2003-08-15 | bonhams · San Francisco · hammer | Road | bonhams | San Francisco | $1'300 | USD | hammer | [https://cars.bonhams.com/auction/12940/lot/492/bugatti-type-35-profile-by-ton/](https://cars.bonhams.com/auction/12940/lot/492/bugatti-type-35-profile-by-ton/) |
| 2003-05-03 | bonhams · San Francisco · hammer | Road | bonhams | San Francisco | $450 | USD | hammer | [https://cars.bonhams.com/auction/12916/lot/353/type-35-bugatti-by-tony-upson/](https://cars.bonhams.com/auction/12916/lot/353/type-35-bugatti-by-tony-upson/) |

Auction prices are recorded as published by the selling house. No currency conversions are applied.

## A difficult debut, then six seasons of development

Five Type 35s started the French Grand Prix at Lyon in August 1924. Tyre failures blunted the result, but the basic package was already present: a 2.0-litre straight-eight, a low frontal area and a 750 kg chassis built around low unsprung mass.

Displacement rose to 2.3 litres for the 35T, then Bugatti added its own three-lobe supercharger. The 35TC became the 35B, while detailed revisions to cooling, suspension, wheels and combustion continued through 1930.

Bugatti states that roughly 340 Type 35s were built, while also noting that the exact number is no longer clear. Surviving cars therefore require component-level research rather than a production total treated as exact.

| Highlight | Detail |
| --- | --- |
| The wheel carries the brake | Bugatti cast the eight-spoke wheel and brake drum as one aluminium component. A wheel change renewed the drum surface and reduced the mass moving with the suspension. |
| One type, many specifications | Type 35 values cannot be read from the badge alone. A 35A, a supercharged 35C and a late 35B differ in engine, output, period use and survival rate; many cars also exchanged major components during competition. |
| A customer racing network | Bugatti sold cars to private entrants as well as running works teams. That multiplication, supported from Molsheim, helped the family accumulate about 2'500 victories during its active period. |

| Label | Value |
| --- | --- |
| Built | ~340 |
| Debut | 1924 French Grand Prix |
| Engine | SOHC inline-eight |
| Supercharged | 35C, 35T and 35B |
| Targa Florio | Five consecutive wins |

## Technical specifications

### Powertrain

| Label | Value | Note |
| --- | --- | --- |
| Original Type 35 | 1'991 cc inline-eight | 90 PS at launch; later factory material also quotes 95 PS |
| Type 35A | 2.0L inline-eight, 75 PS | the less expensive road-going derivative |
| Type 35B | 2'262 cc supercharged inline-eight | up to 140 PS in late factory specification |
| Supercharger | Bugatti three-lobe Roots type | developed with Edmond Moglia |
| Clutch | Wet multi-plate |  |
| Gearbox | 4-speed manual |  |

### Chassis

| Label | Value | Note |
| --- | --- | --- |
| Front axle | Hollow forged axle | sealed ends and reduced unsprung mass |
| Wheels | Cast aluminium | detachable rims with integral brake drums |
| Brakes | Four-wheel mechanical drums |  |
| Front suspension | Semi-elliptic leaf springs |  |
| Rear suspension | Reversed quarter-elliptic leaf springs |  |
| Race weight | 750 kg | factory figure for the 1924 car |

### Type 35 register

8 documented · public records only. Private, unpublished and member-only chassis files are omitted.

| Year | Chassis | Colour | Provenance | Last public sale | File |
| --- | --- | --- | --- | --- | --- |
| 1930 | 397B0 |  | Published auction record from RM Sotheby's, 2022-09-24. | $220'000 · RM Sotheby's · 2022-09 | [Chassis file](https://hiconium.dev/vehicles/bugatti/type-35?file=397B0) |
| 1927 | 475 PS |  | Published auction record from RM Sotheby's, 2020-10-24. | $249'200 · RM Sotheby's · 2020-10 | [Chassis file](https://hiconium.dev/vehicles/bugatti/type-35?file=475%20PS) |
| 1925 | 4564 |  | Published auction record from Bonhams, 2024-12-12. | £552'000 · Bonhams · 2024-12 | [Chassis file](https://hiconium.dev/vehicles/bugatti/type-35?file=4564) |
| 1929 | 4938 |  | Published auction record from Gooding Christie's, 2021-08-14. | $5'615'000 · Gooding Christie's · 2021-08 | [Chassis file](https://hiconium.dev/vehicles/bugatti/type-35?file=4938) |
| 0 | 37371 |  | Published auction record from Bonhams, 2014-02-06. | €1'610'000 · Bonhams · 2014-02 | [Chassis file](https://hiconium.dev/vehicles/bugatti/type-35?file=37371) |
| 1927 | 4888 |  | Published auction record from Bonhams, 2022-05-13. | €2'000'000 · Bonhams · 2022-05 | [Chassis file](https://hiconium.dev/vehicles/bugatti/type-35?file=4888) |
| 1925 | 4634 |  | Published auction record from Gooding Christie's, 2024-03-01. | $582'500 · Gooding Christie's · 2024-03 | [Chassis file](https://hiconium.dev/vehicles/bugatti/type-35?file=4634) |
| 1930 | 4947 |  | Published auction record from RM Sotheby's, 2025-02-28. | $1'380'000 · RM Sotheby's · 2025-02 | [Chassis file](https://hiconium.dev/vehicles/bugatti/type-35?file=4947) |

## The people behind the car

### [Ettore Bugatti](https://hiconium.dev/people/ettore-bugatti)

Designer and engineer · Bugatti

![Portrait of Ettore Bugatti](https://hiconium.dev/images/cars/bugatti-type-35/people/ettore-bugatti.jpg)

Defined the Type 35 package and drove its continuous development around low mass, reliability and customer competition.

### [Edmond Moglia](https://hiconium.dev/people/edmond-moglia)

Supercharger engineer · Bugatti

Worked with Ettore Bugatti on the three-lobe Roots-type supercharger used by the later Type 35 family.

## Member instruments

A HICON Bid is a confidential expression of buying interest on this file. It is not a binding purchase, and HICONIUM holds no funds. [Sign in](https://hiconium.dev/sign-in) to place one. Garage files for an owned chassis are member records and are not listed here. [How membership works](https://hiconium.dev/membership).