The Bugatti Veyron is going to be a tough act to follow. Just ask Bugatti. Full-on development is currently underway on the Veyron's successor, rumored to be called Chiron, and Bugatti isn't holding back. In fact, it's going all-out in its quest to make the LaFerrari, McLaren P1, and Porsche 918 Spyder look like hypercars for amateurs. Car Magazine was recently given a full-exclusive at what Bugatti is up to and the findings are completely and totally nuts.

Basically, the new hypercar will pick up right where the Veyron 16.4 left off, meaning it'll trample its competition from the get-go. Power will once again come from the W-16 engine, only this time it'll produce over 1,500 hp. Yes, it'll have performance stats that'll even shame some F1 cars. Torque is projected to be around 1,106 lb-ft and 0-62 mph will happen in just two seconds flat. Top speed? Get ready for it: 288 mph. Holy hell. This will partially be made possible thanks to electric-actuated turbocharging and direct injection. Despite having cylinder deactivation, the Chiron will return 14 mpg, which is actually very good considering this car's performance capabilities.

92% of its parts are new or heavily modified from the Veyron, thus making it a better daily driver as well. The bottom line is that the Bugatti Chiron will be a display of everything awesome and high-tech from the VW Group. The latest word is that Bugatti will unveil the Chiron sometime in 2016.