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With 1,500 horsepower, the Chiron can launch to 62 mph in less than 2.5 seconds.

Bugatti has introduced the Chiron, claimed to be the world's most powerful, fastest, most luxurious and most exclusive sports car ever.The Chiron has big shoes to fill, serving as the Veyron's even more extreme successor -- the first production sports car to deliver 1,500 horsepower. The figure represents an increase of 50 percent over the original Veyron.

Its massive 8.0-liter W16 engine has been redesigned with four larger two-stage turbochargers. Early reports suggested the configuration would use electric compressors, though Bugatti has not yet clarified technical details of its innovation.

The redesigned turbos help the engine produce no less than 1,180 lb-ft of torque all the way from 2,000 rpm to 6,000 rpm, launching the car to 62 mph in less than 2.5 seconds. Keeping on the throttle will bring the Chiron up to 124 mph in under 6.5 seconds and 186 mph in a mere 13.5 seconds.

Bugatti has limited maximum speed to 261 mph "for road use," however the company is presumably preparing to push higher to achieve a new top-speed record. The Veyron holds a Guinness World Record with a 267.8 mph run, and the Chiron is expected to approach 290 mph.

The car brings a fresh exterior styling, keeping the Veyron's characteristic horseshoe grille. The design language is a bit more aggressive, described as embracing the 'beast' without sacrificing 'beauty.' It is a few inches longer, taller and slightly wider than its predecessor.

Photos reveal a luxurious interior with plenty of fine leather, carbon fiber and aluminum accents. Future special-editions will likely bring a wide range of additional design themes and contrasting colors.

Bugatti has already sold a third of its planned 500-unit production run, each example fetching $2.6 million. Early customers will receive their record-setting supercar sometime this fall.

Live Photos by Ronan Glon.