Bugatti is one of the most famous names in the automotive world. The beautiful Type 31 and successful Type 50 are some of the most expensive cars on the planet. Then there was a bit of a gap and the EB110 SuperSport debuted to be one of the fastest cars on Earth. Nearly a decade later the Veyron was the fastest car on Earth, now the Bugatti Chiron Super Sport 300+ is the fastest car in the world. Now, there is a new version of the Chiron, known as the Chiron Pur Sport Grand Prix edition.

Yet another limited edition Bugatti

This limited edition Chiron is inspired by Louis Chiron who drive the original Type 51 to victory at the 1931 Monaco Grand Prix, hence the reasoning behind the reveal location. The car was revealed at possibly the most Bugatti event there is, the ultra-exclusive Top Marques Monaco located atop the Grimaldi Forum towering over the Mediterranean Sea.

The car itself is identical to the 'standard' Chiron Pur Sport in terms of performance and mechanical prowess. The only difference is the paint job. The front bumper, side skirts, and rear bumper are all black, meanwhile, much of the body is painted a light blue, oddly similar to the shade light blue Hyundai use on their N models. Red accents are plastered on the front fenders and rear bumper with a black "32" decal on the doors.

Bugatti is also announcing the Bugatti Monaco as the latest addition to their dealer network.

"The customized hyper sports car is a tribute to the achievements of early racing pioneers who piloted Bugatti’s racing cars in the 1920s and 30s, and now it is returning home to the site of some of those heroic drives," Hendrik Malinowski, The managing director of sales and marketing at Bugatti said. "Guests will be able to admire the level of detail and craftsmanship that our ‘Sur Mesure’ team has poured into the Chiron Pur Sport ‘Grand Prix'.”

What about the future of Bugatti?

The future of this incredible car company is in question. Not so much about whether it will exist, Bugatti is not going anywhere. But more so what will become of this manufacturer now that it is owned by electric hypercar manufacturer Rimac.

In an interview with Automotive News Europe CEO Mate Rimac said, "if you look at Bugatti, it’s all based on the W16 engine, which is almost two decades old… I’m an electric car guy, but a Bugatti should still have a combustion engine for some time.”

We may see the two companies continue to do their own business just under one roof. For example, Bugattis and Rimacs of the future may share basic underpinnings and stuff like infotainment software and switchgear, but Bugattis may continue to strictly be gasoline powered, whereas Rimacs will be electric only.