Bugatti has revealed its new Chiron supercar.

Described as ‘the world’s most powerful, fastest, most luxurious and most exclusive production super sports car’ the Chiron is the world’s first production sports car with 1,500 HP.

With torque of 1,600 Nm between 2,000 and 6,000 rpm, the Chiron offers a limited maximum speed of a whopping 260mph, and 0 to 62mph time of less than 2.5 seconds. This is the result of the unique eight-litre W16 engine that has been newly developed by Bugatti in combination with the four new, larger turbochargers that are controlled by the Bugatti two-stage turbocharging. A new carbon fibre monocoque, a newly designed adaptive chassis, tyres developed especially for Bugatti and other innovative technologies, help the Chiron ‘for the first time’ become an agile, modern Bugatti with handling that ‘ensures maximum driving pleasure’.

Limited to a series of 500 units the basic price is €2.4 million net (£1.8 million) with Bugatti confirming advance orders have already been received for one third of the total production.

“It is part of human nature to cross boundaries and set new records – to run 100 m faster than ever before, to fly even further into space and to enter new realms. This striving is also our driving force at Bugatti,” said Wolfgang Durheimer, President of Bugatti Automobiles S.A.S., at the presentation of the Chiron. “The Chiron is the result of our efforts to make the best even better.”

The first Chiron is due to be delivered to a customer this autumn.