Cars

Pre-auction estimate on seized One:1 hypercar too low, says Koenigsegg

A Koenigsegg One:1 is among an assortment of exotic machines headed to auction without reserve, and its valuation by the auction house handling the sale, Bonhams, has thrown Koenigsegg into a tizzy. The One:1, in case you’ve forgotten, draws its name from the fact it delivers one horsepower, measured in metric hp, for every kilogram of weight, including the weight of the driver and half a tank of gas. That’s 1,360 metric hp combined with 1,360 kg of weight. For American readers, it’s 1,341 hp and 2,998 lbs. Seized supercars…

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