Rare 1905 Fiat to fetch USD 1,820,000 at auction
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A rare 108-year-old Fiat – a legendary predecessor to modern day luxo-performance sedans - is expected to fetch a whopping USD 1,820,000 at an auction.
The car, initially built for German beer barron, August Anheuser Busch is only one of 20 examples ever made.
Due to go under the hammer on May 25 in Italy, the car has for the past century lived most of its life within a few miles of its original owner, 'Gizmag' reported.
Expected to fetch around USD 1,820,000, FIAT promoted the 60HP as a true 5-passenger "touring car."
In those early days of automotive evolution, the 60HP was considered one of the best examples of ground breaking, envelope pushing automotive design - on wooden wheels.
Featuring an aluminum-clad body, the Fiat was light years ahead on many engineering and design levels. To support the big 10.6 litre engine, a steel chassis incorporating a 5/8th inch scuttle and bellypan of aluminum was used.
The 4-cylinder 60HP engine, transmission, gear set and steel-nickle axles all carried genetic attributes from Fiat's racing familia.
The big sleigh was so mechanically impressive that Fiat's real world racers would continue to use the same innards up until 1912, the report said.
Costing around USD 20,000 in 1905, the 60HP supercar was designed specifically for the elite industrial types of the day.
Although there is no information on top speed or performance figures it is estimated the car could easily break 100 km/h.