Bugatti’s record-breaking Chiron Super Sport could be yours for US$4 mil

After selling almost all 30 of its US$3.9 million special-edition Chiron Super Sport 300+ supercars over dinner this weekend, Bugatti is moving to double its lineup by adding a second model.Unlike the limited-run Chiron a version of the car that set a 304 miles-per-hour record earlier this month the new vehicle may take the shape of a four-seater, Bugatti President Stephan Winkelmann said in an interview.It could also leave the worlds racetracks for some off-road driving, he said, a departure for a brand honed on producing race cars going at incredible speeds.Bugatti, one of a stable of super-premium Volkswagen-owned brands including Porsche, Lamborghini and Bentley, is looking at sexy financing for the new model, Winkelmann said. Porsche used a German promissory note called a Schuldschein to partially fund the development and production of the battery-powered Taycan.Demand for supercars remains unbroken, judging by a dinner held at Bugattis headquarters in Molsheim, France, over the weekend. Nearly all of the Chiron Super Sport 300+ models slated for production were sold, Winkelmann said.Even so, the focus at the Frankfurt auto show this week will be on electric vehicles like the Taycan and VWs coming ID.3. A battery version of the Chiron wouldnt work, he said hypercars still need combustion fire power. But he could see a less-expensive daily driver at a lower price, say in the US$1 million range, working in a hybrid-electric set-up.There is still a lot of time for internal combustion engines, the 54-year-old said. The Chiron Super Sport 300+ has some modifications and is 20 centimeters longer than the version that raced around a recently resurfaced Volkswagen track in Ehra-Lessien, Germany.Winkelmann briefly discussed the idea of uniting VWs luxury brands under one umbrella. He declined to be drawn on the prospects of Bugatti holding a public stock offering, saying its not his decision to make.If we put those type of brands together its unique in the automotive industry, Winkelmann
Origin: Bugatti’s record-breaking Chiron Super Sport could be yours for US$4 mil

Bugatti’s wild one-offs aren’t commissioned—they’re dreamt up by the company

The one-off Bugatti La Voiture NoirBugatti Lamborghini’s SC18 Aventador is a one-of-a-kind supercar created from a blank sheet of paper, hand-in-hand between Lamborghini chief designer Mitja Borkert and its anonymous buyer. Unveiled late last year, it was the first of what will be a growing number of multimillion-dollar commissions from the Bologna, Italy-based brand, according to chief technical officer Maurizio Reggiani. Bugatti, another Volkswagen-owned brand, is also making multi-million-dollar one-off cars for the world’s most supremely wealthy collectors. Witness the Bugatti La Voiture Noire, a US$12.5 million beast that debuted at the Geneva Motor Show earlier this year and which retains the title of the most expensive new car ever sold. It will be delivered to its (also secret) owner by the end of 2021. But while both cars are unique, they embody opposing design philosophies. Lamborghini starts from a blue-sky “whatever you want” approach for those who can cough up the funds, while Bugatti develops the car first, and then asks a prospective buyer, “Do you want it?” I spoke with Frank Heyl, the head of exterior design for Bugatti, in Lake Como, Italy. We were there for the annual Concours d’Elegance Villa d’Este and he had brought Bugatti’s big black beauty to show off on the lawn. As Bugatti chief Stephan Winkelmann milled around chatting with European collectors and vintage driving enthusiasts, Heyl discussed the burgeoning market for custom-body a.k.a. coachbuilt cars—and why Bugatti will never give a customer a pen and say, “Have at it.” Hannah Elliott: The La Voiture Noire has seemed like a great success, at least in terms of media hype and, of course, the fact that it has a buyer. Now you’ve got the task of putting it into production, and it won’t be delivered until late 2021—but in the meantime, do you have the sense that there is room for more cars like this from Bugatti? What is the world appetite for the coachbuilt car? Could we say there are hundreds of people globally who would want to purchase a similar vehicle? Frank Heyl: Easily. The market for this is really growing, and the brand is so strong that we have come to see now that the sky is the limit. HE: This reminds me of the statistic Bloomberg reported that many Bugatti owners actually own two or more of them. FH: Yes. There are a lot of multi-owners, which is significant when you consider that our base product is US$3.2 million. There are people that actually bought a Chiron to get a Divo. (Only people who owned one of the 500 Chiron cars made were invited to purchase a Divo.) That shows how strong the brand is and how the brand is perceived. HE: So, on a higher echelon than the “mainstream” Bugatti owner, what type of people are the ones buying one-off cars like La Voiture Noire? FH: Well, obviously collectors and enthusiasts. It wouldn’t be so easy if the brand didn’t have the heritage had have already been built up now so many years. HE: The La Voiture Noire car is the spiritual successor to Jean Bugatti’s personal Type 57 SC Atlantic that got lost during the Second World War. I know the idea for it has been percolating at Bugatti for more than a decade, but I imagine the timing had to be right before you finally produced it—the market had to be able to support it. FH: Yes. Back when I started (11 years ago) it cost a million dollars to buy a Veyron. Then we started the special (Veyron) Super Sport, which broke the world record. Initially, we thought we could sell a dozen or so. But it was actually more. We felt like, Okay there is more room here, let’s keep pushing. And by talking to the customers, it became very clear that there is so much more room for more ideas. HE: What about doing what Lamborghini does, allowing customers to create their very own cars. Would Bugatti do that type of ultra-hyper-bespoke one-off work where the customer calls the shots? FH: To have a customer coming to say, “I have this or that car in my mind,” that’s not how we work. When you talk about coachbuilt cars, it goes the other way around: It has to come from us. We have an idea for something, and we say to the customer, “Would you be interested?” Some say yes, some say no. HE: Why not do it? FH: When it is the other way around—I have also been involved in similar one-off projects, not for Bugatti—it gets very very difficult. You have to be very, very disciplined in your process. Otherwise your process will explode, and your time will run out. If you are not very disciplined in that process it will not make a business as well. After all, in the end we have to make it work financially. It doesn’t mean the customer cannot say, “Hey can you do this?” For example, the six tailpipes on La Voiture Noire. That was a specific dream from the customer request. But even that requires a little bit of discipline, too. The one-off Bugatti La Voiture Noir Bugatti HE: Coachbuilding is Bugatti’s heritage, even though the brand had largely
Origin: Bugatti’s wild one-offs aren’t commissioned—they’re dreamt up by the company