Legacy Metrics

1927 Bugatti Type 40 Grand Sport-style

40377roadFrance
Engine
Twin Solex carburettors fitted; matching-numbers crankcase retained (engine no. 280)

Bugatti Type 40 chassis 40377, one of approximately 790 built, departed Molsheim on 6 April 1927 bound for South America, where it was delivered new to Count Luiz Eduardo Matarazzo of São Paulo, Bugatti's South American representative. It retains its matching-numbers crankcase (engine 280 as recorded in the factory ledger). Discovered in Argentina circa 1971, it underwent a lengthy restoration in Norway through 1983, during which a new Grand Sport-style body was fitted. Subsequently maintained by marque specialist Ivan Dutton, with engine and gearbox rebuilds completed.

Ownership

  1. Auction sale
    Sold €161,000 (≈ $177K)

    RM Sotheby's catalogue lot →

  2. 1927-04-06 →Factory delivery
    Count Luiz Eduardo Matarazzo
    full documentation

    Bugatti's South American representative, based in São Paulo, Brazil. Car was likely bodied by a local coachbuilder after arrival in South America.

  3. → 1971
    Argentine owner in Buenos Aires
    partial documentation

    Car was registered in Buenos Aires with plate 816-866 by 1971; body at that point was a sporty two-seater style.

  4. 1971 →Acquisition unknown
    John Lodwig
    partial documentation

    Discovered and acquired the car in Argentina; subsequently sold it to a Norwegian collector.

  5. → 1985Private sale
    Øivind Selvig
    partial documentation

    Norwegian collector who undertook an extended restoration lasting until 1983, during which a new Grand Sport-style body was installed.

  6. 1985 → 1993Private sale
    Paal Myhre
    partial documentation

    Acquired the car approximately two years after the restoration concluded; later traded it to the consigning owner.

  7. 1993 →Private sale
    Current consignor
    partial documentation

    Long-term owner who has had the car maintained by marque specialist Ivan Dutton, including a gearbox rebuild in 1994 and an engine rebuild in 2013.

Competition

No competition history extracted from the catalogue.

Maintenance & restoration

  1. 1983
    Restoration

    A lengthy restoration programme, begun around 1971 and concluded in 1983, during which a new Grand Sport-style open body was fabricated and fitted to the chassis.

    Work initiated and overseen by Norwegian owner Øivind Selvig.

  2. 1994Engine rebuild
    Ivan Dutton

    Gearbox stripped and rebuilt by marque specialist Ivan Dutton.

  3. 2013Engine rebuild
    Ivan Dutton

    Full engine rebuild carried out by marque specialist Ivan Dutton.

  4. Modification

    The car was upgraded at an undetermined point in its history with twin Solex carburettors.

    Date and location of this modification are not recorded.

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Each chassis record is compiled from public auction archives and links to its source material. Ownership, competition and maintenance entries are extracted from those catalogue listings by an LLM, which can make mistakes — please contact us with any corrections. The summary is Legacy Metrics’ own writing; we do not reproduce catalogue text.

“Full” and “partial” documentation labels indicate how well each entry is corroborated in the underlying sources, not an audit of the car’s physical paperwork. Names of recent or living owners are withheld for privacy.