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3 Incredible Facts About the Bugatti Veyron

Written By, NowCar Team

Bugatti Veyron La Finale

With the last Bugatti Veyron just sold off, it's the end of an era for Bugatti and its record-breaking supercar. 

And while you won't find it in showrooms any longer, and we'll likely be waiting years on its successor, the history and allure of the Veyron will far outlive any of the 450 models produced over the past 10 years. 

To give you a short glimpse into the history, NowCar has put together three of the most incredible facts about the Bugatti Veyron.

The Original Veyron Concept Debuted in 1999

After Volkswagen bought the rights to the Bugatti name in 1998, the company quickly got to work on reviving the brand. It quickly hit the ground running with a few concepts shown at various international auto shows. Most of these were a throwback to early luxury cars.

In 1999, however, the first Veyron concept, dubbed the "Bugatti Veyron EB 18.4," was shown at the Tokyo Motor Show. With a mix of sophisticated classic interior and exterior design, the original Veyron concept also took design cues from modern supercars.

The concept was a hit and only minor changes were made from the EB 18.4 concept to the production version we all know and love. 

VW's Chairman Promised the Production Veyron Would Reach 400 km/hr

Looking to make a big splash with the Veyron concept, VM Chairman Ferdinand Piech promised that the production car would reach a top speed of 400 km/hr, which is 248.55 mph. 

The goal in this claim was to beat the McLaren F1, which set a top speed record of 240 mph in 1993, a record that still holds for a production car powered by a naturally aspirated engine.

It would take the team at Bugatti six addition years to deliver on Piech's promise in 1999, but the production Veyron broke all speed records, reaching a top speed of over 253 mph in 2005. This held until Bugatti outdid themselves with the Super Sport variant of the Veyron, which topped out at over 269 mph in 2010.

In 2014, however, performance upgrader Hennessey beat both the Veyron and Veyron Super Sport with its own vehicle, the Venom GT. It barely defeated the Super Sport, with a top speed of 270 mph, which was less than a one whole mile per hour faster than the Bugatti.

Volkswagen Lost $6.25 Million on Each Veyron Produced

The base price of the regular Veyron was $1.7 million. The Super Sport? A jaw-dropping $2.7 million.

With that kind of price tag, you'd think Bugatti was racking in plenty of profits for the Volkswagen Group, right? Wrong. 

Despite the Veyron costing over 21 times that of the new 2015 Chevrolet Corvette Z06, it actually loses money. But not just a few thousand dollars, either. For every Veyron the Volkswagen Group produced, the company lost an insane $6.25 million.

And while this only translated into a few billion dollars overall, it's rare that a company willingly loses money on purpose.