#Chiron

When you’re selling a car that starts at just a tick under $3 million, one that’s already regarded as the most powerful and expensive sports car in the world, does more speed really add to the package? Without a supply of rarified air to tap into, this author can only assume that bragging rights grow more important the more a person makes. Why else do wildly affluent people scale Everest only to die on its frigid, oxygen-free slopes?

For Bugatti, maker of the 1,500-horsepower, 16-cylinder Chiron, a speed record crushed under the wheels of a “near production” prototype last month serves only to add additional — and perhaps unnecessary — glitz to the ultimate of halo cars.

Bugatti’s successor to the Veyron, the Chiron (are those pronounced similarly?) will reportedly cost $2.5 million, according to Car.

The hyper car, which was shown to prospective owners in France, will be a quad turbo, W-16 that produces more than 1,400 horsepower. According to the report, the car will make its debut in Geneva next year.

The price hike is roughly $200,000 over the Veyron, which started at $1.7 million and eventually ballooned to $2.3 million by the end of its production. While the price difference is enough for your own personal fleet of Volkswagen GTIs, how big does your yacht need to be anyway?

Our European correspondent, Vojtěch Dobeš, is at the 34th Annual GTI Meeting in Worthersee this week. Hopefully he will have some interesting stories to share if he isn’t too distracted by Austria’s fräuleins.

Here’s your news from overnight.