A rare 1931 Bugatti Type-41 Royale received a record $11 million bid at an international classic car auction.

The bid was made by Ed Weaver, a carpet mill owner from Dalton, Ga. During the six-minute, 20-second auction, Weaver outbid three other bidders, including author Clyve Cussler of Denver and Domino's Pizza of Detroit.But owner Hans Thulin of Stockholm wants $15 million for the Bugatti, one of only six in existence and continued negotiations with Weaver late Sunday.