By Ben Wojdyla, 12:20 PM on Tue Aug 19 2008, 3,491 views (Edit, to draft, Top, Slurp)

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The Bugatti Veyron 16.4 Grand Sport debuted at the Pebble Beach Concours last weekend, and chassis number one was promptly auctioned off the following day by Gooding & Company for the obnoxious sum of $2.9 million. "Standard" pricing for the ultra-exclusive convertible is set at €1.4 million, or about $2 million, so a paltry $900,000 for the privilege of owning the first one is totally worth it. Thanks to the magic of the internet you can watch the entire sales process below the fold. It certainly is a whole different world.

[WCF]