The Bugatti Veyron EB 16.4 is a mid-engine grand touring car produced by Bugatti headquarters in Château St Jean in Molsheim (Alsace, France). It is named after French racing driver Pierre Veyron, who won the 24 hours of Le Mans in 1939 while racing for the original Bugatti company. 133 examples of the Veyron are known to have been built since production began. There will be a total of 300 built. All the Veyron editions contribute to the 300 being built. The editions that are contributing are the Veyron, Veyron 16.4, Pur Sang, Hermes Edition, Sang Noir, Targa, Vincero, and the Bleu Cenetaire. It will be replaced with the Grand Sport, which is essentially a Veyron Convertible
Development of this vehicle began with the 1999 EB 16/4 "Veyron" concept car, which itself had a chassis based on that of the Bugatti 18/3 Chiron concept car. It was similar in design and appearance to the final Veyron production car. One major difference was the EB 18/4's use of a W18 engine with three banks of six cylinders. The Veyron's chief designer was Hartmut Warkuss, and the exterior was designed by Jozef Kabaň of Volkswagen, rather than Giorgetto Giugiaro of ItalDesign, who had handled the three prior Bugatti concepts.
The then – Volkswagen Group chairman Ferdinand Piëch announced the Veyron at the 2000 Geneva Motor Show. It was promised to be the fastest, most powerful and most expensive car in history. Instead of the W18, it would use a VR6/WR8-style W16 engine. First seen in the 1999 Bentley Hunaudières concept car, the W16 would have four turbochargers and produce a quoted (metric) 1001 horsepower (see engine section for details on the power output). Top speed was promised at 407 km/h (253 mph), and the price was announced at €1 million.
Development continued throughout 2001 and the EB 16/4 Veyron was promoted to "advanced concept" status. In late 2001, Bugatti announced that the car, officially called the "Bugatti Veyron 16.4", would go into production in 2003.
Piëch retired that year as chairman of the Volkswagen Group and was replaced by Bernd Pischetsrieder. The new chairman promptly sent the Veyron back to the drawing board for major revisions. Neumann was replaced as Bugatti president by Thomas Bscher in December 2003, and substantial modifications were made to the Veyron under the guidance of a former VW engineer, Bugatti Engineering chief Wolfgang Schreiber.
The Veyron costs €1,100,000 (net price without taxes);[citation needed] prices vary by exchange rates and local taxes (like value added taxes). Prices for the UK or the US are over £880,000, or around $1,400,000. The car is often compared to the Concorde as a feat of technology.
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