Koenigsegg Throws Serious Shade at Bonhams for Undervaluing a Koenigsegg One:1

Koenigsegg is none too happy with Bonhams for what the automaker believes is a dropped deuce on the auction house’s valuation of a One:1 hypercar. The specific One:1, which once belonged to Teodoro Nguema Obiang Mangue, the Vice President of Equatorial Guinea and the son of Obiang Nguema Mbasogo, who happens to be the President of the same country, is part of a ridiculous collection of supercars that were seized by the Geneva Police after the veep was charged with money laundering and unfair management of public interests. In addition to the One:1, the seized collection, which will be auctioned off by Bonhams, also includes a McLaren P1, a Bugatti Veyron, a Lamborghini Veneno, and more than 20 other models. Koenigsegg, though, isn’t concerned as much for the other cars as it is in the auction house’s valuation — $1.8 million to $2.4 million — of the mighty Swedish hypercar. Is the Koenigsegg One:1 worth more than Bonhams’ valuation, knowing that it was probably purchased using dirty money? That might depend on who you ask.

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