Luxury automaker Bugatti had barely unveiled its new sports car when the vehicle was purchased by a mystery buyer for an unprecedented €16.7 million ($19 million).

The new supercar, named La Voiture Noire, was publicly debuted on Tuesday at the Geneva International Motor Show in Switzerland.

The German/Italian automaker produced only one example of La Voiture Noire to celebrate Bugatti’s 110th anniversary.

According to the company, the six-tailpipe “hypercar” is equipped with an eight-liter engine that has 16 cylinders and 1500 brake horse power.

The new vehicle is reportedly a homage to Bugatti’s legendary Type 57 SC Atlantic, which was produced in the 1930’s.

According to Bugatti, La Voiture Noire is “more than a modern interpretation” of the old Type 57 SC Atlantic, of which only four units were ever produced.

The Type 57 SC Atlantic is seen as the most famous work of Jean Bugatti, the son of the company’s founder, Ettore Bugatti.

Shoco Super Sports News 2019.

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Money devaluates, consumer products become more expensive?