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In 1987, the Bugatti name was acquired by Italian entrepreneur Romano Artioli, and with it created the brand "Bugatti Automobili SpA".
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Bugatti never raced in Formula One again. The car, however, was uncompetitive and retired on lap 19. Production of all vehicles was halted in the mid-1950s, despite the best efforts of Roland Bugatti, son of founder Ettore, who produced the Bugatti Type 251, a 2.5-liter, straight-8 powered racing car that was entered in the 1956 French Grand Prix. When Ettore Bugatti died in 1947, the Bugatti name began to fall into decline. Bugatti's racing pedigree was affirmed with 24 Grand Prix victories, 5 Targa Florio Endurance race wins, and 2 Le Mans 24 Hours titles between 19. Over the next 40 years, Bugatti followed up on this early success with numerous road and race cars including the Brescia Tourer, Type 50T and Type 101 road cars, and Type 35 and electric Type 52 race cars. The car went on to take second place at the 1911 French Grand Prix at Le Mans. The 300 kg Type 13 was capable of 30BHP, making it one of the fastest cars in the world at the time. 1.4 Volkswagen Purchase, and the Veyronīugatti's history stretches back to 1909, when Italian founder Ettore Bugatti produced the Type 13, with one of the worlds first 4-valve engines.