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Bugatti names former Ferrari, Lotus man its new American chief

After six years running its American operations, John Hill is leaving Bugatti. So the exotic carmaker is going to need someone to fill his shoes - particularly since the United States and Canada account for a quarter of all Bugattis sold (to say nothing of Latin America). Fortunately, it appears to have found just the right person in Maurizio Parlato.
An old hand in moving exotic sports cars in North America, Parlato comes to his role as Chief Operating Officer at Bugatti of the Americas after years in the business. He served as top man in America first for Ferrari and Maserati and then at Lotus, holding numerous other positions at both companies over the years, including the latter's global sales and marketing director. (Lotus, for what it's worth, was once owned by Bugatti, but that was long before Parlato arrived on the scene.)
Parlato assumes his new role at Bugatti at a time when the company is trying to move the last few dozen Veyrons before switching over to its successor. He'll have a network of 13 dealers to manage, satisfy and ultimately expand, but if anyone can do it, Parlato seems to have proven that he can.

Is a wrecked Bugatti worth $250k?

When a Bugatti Veyron crashed on a highway in Austria a few months ago, insurance company AXA estimated the cost of repairs at upwards of $800,000. Of course, there were worries that even after all the repairs the car may never drive quite the same. So rather than try, the insurance company evidently wrote it off and paid the owner the insured value of the car. But now it's got the wrecked Bugatti on its hands, and is looking to offload it.
This early model, built in 2008, has the original version's 987-horsepower 8.0-liter quad-turbo W16 engine, a fixed roof and a blue and black livery - unlike some more recent examples that have adopted a removable roof panel, employed a more powerful 1,184-hp engine and moved away from the original two-tone paint schemes. It's got nearly 20,000 miles on the odometer and would still require the better part of a million bucks to get it running again... at which point it could be worth more in spare parts, which surely don't come cheap from the manufacturer in Molsheim.
Alternatively, with bidding currently hovering around a quarter million, you could just get yourself a brand spankin' new Ferrari 458 Italia, Lamborghini Huracán or McLaren 650S and actually get to drive it without spending eight hundred grand on repairs. But if you were looking to pick up a Veyron on the cheap, regardless of condition, this could be your chance.

Guinness reconfirms Bugatti Veyron's world record top speed

After taking last week to review the record category for World's Fastest Production Car, Guinness World Records has reconfirmed that the holder of this hotly contested superlative remains the Bugatti Veyron Super Sport.
The Veyron Super Sport set the official record back in 2010 with a Guinness-verified speed of 267.8 miles per hour, but other interested parties have recently contested that record's validity because the Veyron used that day had its speed limiter removed. With the speed limiter in place, the Veyron Super Sport tops out at 258 mph.
Guinness rules state that a record-setting production car must be unchanged from what is available to customers. While some, particularly Hennessey Performance, have claimed that removing the Veyron's speed limiter violated that rule, Guinness has settled the matter by stating that "a change to the speed limiter does not alter the fundamental design of the car or its engine."