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Porsche to decide soon on Bugatti future

WEISSACH, Germany — Volkswagen will soon decide on the future of its luxury brand Bugatti, Oliver Blume, Volkswagen management board member and CEO of Porsche AG, said on Monday. Last week, Reuters reported that Bugatti was working on a strategic partnership with Rimac, which will likely result in a joint venture between Porsche and Rimac, with Porsche as a minority partner, Volkswagen CEO Herbert Diess said in March. "The future of Bugatti is an issue that will be decided on a group level," Porsche said in a statement, declining to comment further. Porsche boss Oliver Blume earlier this year said intense discussions on Bugatti's future were ongoing and that Rimac could play a role as the brands were a good technological fit, adding that a decision was expected in the first half of 2021.  

The 500th and final Bugatti Chiron is a tribute to the model's beginnings

It's the end of the road for the Bugatti Chiron. Limited to 500 units globally, the W16-powered coupe entered production in 2016, set a top-speed record, and spawned several models. The final Chiron was built in May 2024, but the French brand will soon unveil what comes next. Bugatti named the final Chiron "L'Ultime," which translates to "the last one" in French. It's a Super Sport model whose livery is inspired by the first Chiron shown to the public when the model was announced at the 2016 Geneva Motor Show. It's finished in Atlantic Blue and French Racing Blue, like the show car, but the colors blend into each other; they were separated by hand-polished aluminum trim on the show car displayed in Switzerland. The color split extends to the wheels, and the grille wears a blue Bugatti emblem created specifically for the model. The name of places that helped shape the Chiron's career appear on both sides of the last example built. Paul Ricard is the track in the south of France where Bugatti tested pre-production prototypes, for example. Geneva is where the Chiron was presented to the public, and Ehra-Lessien is the German test track where the Chiron became the first car to cross the 300-mph barrier. It reached precisely 304.773 mph. 2024 Bugatti Chiron l'Ultime View 22 Photos More subtle design details further identify L'Ultime as the final Chiron built. The center caps feature "500/500" logos while "#500" appears ahead of both wheel arches — that's number 500, not hashtag 500. Bugatti notes that this livery was created at the request of a customer. Inside, there's Deep Blue leather upholstery and carbon fiber trim. The "#500" logo appears on the center console, while the seats and the steering wheel get blue, white, and red stitching as a tribute to the French flag. Bugatti's historic home is in Molsheim, in northern France. There's no word on where the final Chiron is off to. It might end up tucked away in a private museum, or you might spot it at the next cars and coffee gathering. As for what's next, we won't have to wait long to find out. The company, which is controlled by Croatia-based Rimac, confirmed that the Chiron's successor will ditch the W16 engine that also powered the Veyron and instead use a new V16 engine designed in-house. The 16-cylinder will work jointly with some kind of hybrid drivetrain, though full technical details haven't been released yet.

Veneno Roadster, One:1, One-77, LaFerrari, P1, Veyron headline 25-car Bonham's auction

Bonhams is holding a no-reserve auction in fall 2019 that includes some of the most valuable and sought-after supercars of the past decade. The lot of 25 beautiful collector items includes a Lamborghini Veneno Roadster, a Koenigsegg One:1, an Aston Martin One-77, a Ferrari LaFerrari, a McLaren P1, and a Bugatti Veyron. The collection, which was seized from a corrupt politician from Equatorial Guinea, is valued at roughly $13 million. If selling off future classics that are still in their infancy as collector items seems strange, it's because this is not a straightforward situation. These cars will be sold off by the State of Geneva, not a person. The collection was previously owned by the vice president of Equatorial Guinea, Teodoro Obiang, but the cars were seized when he was placed under investigation for money laundering and unfair management of public interests. These 25 cars, which were located in Geneva, were first sequestered in fall 2016. A trial court ordered them sold off, and the money earned from the sales would be invested in social programs that benefit Equatorial Guinea. And so, Equatorial Guinea is about to see an influx of cash, as every vehicle is valued in the hundreds of thousands, if not millions, of dollars. The rarest might be the Koenigsegg One:1. One of only six remaining, it has 371 miles on the dial, and is valued at roughly $1.8 million. The Lamborghini Veneno Roadster, one of nine in the world, is a close second. It has 202 miles logged, and is valued at about $5.1 million. The Aston Martin One-77 is another rare bird. It is example No. 35 of 77, holds a 7.3-liter V12 engine, and is valued at about $1.4 million. A McLaren P1, Ferrari LaFerrari, and Bugatti Veyron 16.4 round out the top of the list. The remaining cars are not fully detailed, but they include examples from Mercedes-Maybach, Bentley, Maserati and Porsche. The auction will take place on Sunday, Sept. 29, at the Bonmont Golf & Country Club near Lake Geneva. For more photos and information, visit Bonhams.