Bugatti Veyron is the super fast sports car for a long time and now it’s time for the old car to retire because the same manufacturer has come up with the new Chiron which could possibly make the Veyron look like its numbingly slow.

Instead of calling it the sports car, the new Bugatti Chiron is known as a hyper car which is exceedingly powerful and when you get to know it’s price, it could easily make most people faint because the vehicle is priced somewhere around $2.5 million designed to be owned only by oil company owners and insanely rich businessmen. Despite such pricing, it’s a car desired by every auto enthusiast and has a look to drive you nuts. Here’s all the details to know about the world’s new fastest car yet.

The Chiron packs an 8.0-liter quad turbocharged W16 engine which produces a combined 1,500 horsepower and delivers 1,600 Nm torque. The car is being sold at the H.R. Owen dealership in the United Kingdom, a company known for its luxury car marketing. While it will be available around the globe, the model is extremely limited in numbers. Only 360 units will be shipped to global locations and despite the enormous price tag, there are those who crave to buy it on launch. If you are one among them, it is wise to make a booking right away.

Compared to the previously popular Veyron, the next gen Bugatti Chiron delivers at least 300 horsepower more. The top speed, for safety purposes on road, has been limited to 261 miles per hour. However, there is going to be plenty of race track tests to push the car to its maximum speed and set a new Guinness world record as its predecessor did.

The team of engineers at Bugatti have accomplished the feat by increasing the size of the four turbos, a titanium exhaust with six huge catalytic converters and a two-stage spooling system. The clutch lever is fitted to the passenger seat while carbon silicon carbide brakes as well as air brakes are used to bring it under control when cruising at top speed.

Bold curves and straight lines is the concept based on which the car has been built. It features an agile design which allows the car to zoom past without any hindrances from the air. The shape allows air to pass through creating the best aerodynamics. Bugatti added that the car could easily generate more revenue to overcome its production costs.