Bugattis Owners Club Christmas card, c. 1948, cover features multicolor logo on cover, center spread has greetings and b&w photo of the 1920 Grand Prix of Le Mans, with Ettore Bugatti standing next to his entry drive by De Vizcaya in the pits shortly before he had the Brescia disqualified by touching the radiator cap. A- cond. (stains and foxing on covers)