According to German magazine "Auto Motor und Sport", Bugatti have plans to develop a new super-sportscar that's going to be much faster than already reasonably quick Bugatti Veyron.

"Project Lydia" (named after Ettore Bugatti's wife Lydia) is the codename for this ambitious project and, according to sources, this new Bugatti will be even more powerful and much lighter than Veyron.

Performance figures are even more astonishing than the very idea of something beeing faster than Veyron itself. They say the power output of W16 quad-turbo engine will be raised to 1,175 hp and the overall mass of the car will be reduced to just 1,5 tonnes. And if that's not impressive enough, get this - sources indicate that VW with this new "Project Lydia" car is going to set a new production car speed record in Nordschleife and the target time is 6 minutes and 40 seconds! 15 seconds faster than current record holder Radical SR8 and a whole minute faster than simulated lap time for Bugatti Veyron.

According to "Auto Motor und Sport", this Bugatti sportscar will be ready for public introduction some time between 2009 and 2010. Price will be 2.5 million US dollars and VW will only make 70 of these pricey beasts.