Oh the tragedy! Many Americans may not be too familiar with Katie Price, but over in the UK, Price is widely known for her television appearances, her lackluster singing career, and her published books. With so many hobbies, we can only imagine that this little harlot has plenty of money to spend which is evident in her newest toy, a Bugatti Veyron->ke1112.

Price laid out £1million - or around $1.6 million at the current exchange rates - on this beautifully fast supercar and plans on ruining it by painting it pink to match her other vehicles. Yeah, she has other pink cars to boast of. A close source to her said: "She will anger petrol-heads worldwide by turning such a beautiful, iconic machine bright pink. But at least it will match her other cars." Just goes to show that money can't buy taste.

In addition to the high cost of the supercar, it seems Price has also purchased a rather expensive "F1" license plate. The Sun doesn't say anything about the F1 plate slapped right on the front of the car, but it looks very similar to the license plate auctioned off in 2008 to Afzal Kahn (Kahn Design owner) for £440,000 (about $880,000). We don't know for sure, but with the amount of money Price throws around, we wouldn't be surprised.

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