---
title: "1,341-HP Koenigsegg One:1 Formerly Owned by Dictator’s Son Brings $4.6M at Auction"
description: "Like its record-holding sibling Agera RS, the One:1 can reach a mind-numbing 270 miles per hour."
date: "2019-10-01"
modified: "2019-10-01"
authors:
  - name: "James Gilboy"
    job_title: "Contributing Writer"
    link: "https://www.thedrive.com/authors/james-gilboy"
url: "https://www.thedrive.com/news/30096/1341-hp-koenigsegg-one1-formerly-owned-by-dictators-son-brings-4-6m-at-auction"
categories:
  - "Culture"
  - "For Sale"
  - "Koenigsegg News"
  - "News"
  - "News by Brand"
---

# 1,341-HP Koenigsegg One:1 Formerly Owned by Dictator’s Son Brings $4.6M at Auction

![](<https://www.thedrive.com/wp-content/uploads/images-by-url-td/content/2019/09/image-1.jpeg>)
*\<em\>www.thedrive.com</em>*

A one-of-six [Koenigsegg One:1](<https://www.thedrive.com/new-cars/8185/koenigsegg-claims-one1-hypercar-is-capable-of-a-640-nurburgring-lap-time>) confiscated from the son of Equatorial Guinea's dictator Teodoro Nguema Obiang Mangue, was sold at a charity auction for over $4.6 million on Sunday.

The auction, consigned by [Bonhams](<https://www.bonhams.com/auctions/25819/lot/24/?category=list&length=12&page=2>), was held at a golf club in Cheserex, Switzerland, just outside the capitol of Geneva. This, the "Bonmont Sale," saw several of the corrupt former Guinean official's exotic hypercars sold off, including a rare [Lamborghini Veneno Roadster which sold for $8.3 million](<https://www.thedrive.com/news/30091/2014-lamborghini-veneno-seized-from-corrupt-official-sells-for-8-3-million>). This Koenigsegg was the second-most expensive sale at the event with a hammer price of $4,617,811 contributing to a pool of over $27 million collected for charities in Equatorial Guinea.

![message-editor%2F1569879427406-image.jpeg](<https://www.thedrive.com/wp-content/uploads/content-b/message-editor/1569879427406-image.jpeg>)
**Bonhams**

This specific Koenigsegg has covered a mere 597 kilometers, or just 371 miles, meaning that its previous owner averaged 124 miles per year at most. Pricing information for the One:1 was never made public, but it was rumored to cost more than $2.85 million.

Koenigsegg manufactured just six One:1s on the basis of its Agera hypercar. Its 5.0-liter twin-turbo V8 produces 1,341 horsepower, or 1,000 kilowatts—one megawatt—which led to Koenigsegg referring to the One:1 as the world's first "megacar." This same engine later propelled the Agera RS across the Nevada desert to capture the [record for the world's fastest production car, averaging almost 278 mph in a two-way test](<https://www.thedrive.com/article/15771/the-koenigsegg-agera-rs-is-now-the-fastest-production-car-ever-made>). That record has since been beaten by a heavily modified Bugatti Chiron, whose Super Sport 300+ variant is billed as being capable of reaching 304 mph.

![message-editor%2F1569879562091-image-2.jpeg](<https://www.thedrive.com/wp-content/uploads/content-b/message-editor/1569879562091-image-2.jpeg>)
**Bonhams**

Koenigsegg is expected to continue pursuing top speed records with the Agera's successor, the Jesko, which will have a [gyroscopic instrument panel mounted to its steering wheel](<https://www.thedrive.com/news/28249/300-mph-koenigsegg-jesko-hypercar-boasts-worlds-first-gyroscopic-gauge-cluster>) and a further-evolved version of the V8 that powers the One:1. On E85, Koenigsegg says the Jesko will generate 1,578 horsepower, which will put it on even footing against the Chiron Super Sport 300+.

![message-editor%2F1569879876891-image-3.jpeg](<https://www.thedrive.com/wp-content/uploads/content-b/message-editor/1569879876891-image-3.jpeg>)
**Bonhams**

## Author
James is a former staff writer for The Drive. He has changed the conversation around electrification, debunked misinformation online, and become a prominent hunter of what he calls "automotive cryptids."

### Author social links  
[Instagram](<https://instagram.com/jamesgilboy>)