VIDEO: 73-YEAR-OLD BUGATTI RECOVERED FROM THE BOTTOM OF A LAKE!

A Rusted 1925 Bugatti Type 22 Brescia has spent the last three-quarters of a century at the bottom of a lake in North Italy. The car was found on January 23, 2010. 

When the car was found and raised, it validated a legend that had circulated for 70 years, it will not be restored but the rusted old car will live in the Mullin Automotive Museum in Oxnard, California. The car had been more than 50 meters below the surface for over 70 years; the story of the majestic two-seaters began in April 1925 when it was delivered new to an architect living in Nancy, France. Three years later, the owner moved to Switzerland, taking his Bugatti with him, but he failed to pay the import duty on the car. 

Leaving Switzerland, the Frenchman left the car to his Swiss hosts in Tessin, in 1937 the new owner; fearing that they may be fined for failing to pay the hefty import duty, they dumped the car in the lake, it then became one of the urban legends. Some believed it to be true, that such a car had been dumped in the lake, but most did not. Considering the car being submerged for nearly three-quarters of a century, the Bugatti was still in a remarkable condition.