Production of the Bugatti Veyron is finally coming to an end after a 10-year run. The French brand has limited the number of cars to 450, with 300 coupes that sold out years ago and a further 150 open-top Grand Sport models making up the total. Now, the final Veyron, a 1,183-horsepower Grand Sport Vitesse dubbed the La Finale, has been sold.

Bugatti says the car was sold to a Middle Eastern buyer, for his own private collection. There’s been no mention of price, but Bugatti says the car will represent a collector’s item of “particular” value. Read that as it costing more than the than the average 2.3 million euros ($2.6 million) spent on a Veyron when options are included.

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The car will be shown to the public for the first time at next week’s Geneva Motor Show, where Bugatti will also present the first Veyron ever built, the car with chassis number one. Being a Grand Sport Vitesse, it features the most potent version of Bugatti’s quad-turbocharged 8.0-liter W-16 and all 1,183 horsepower and 1,106 pound-feet of torque that comes with it. This affords it 0-62 mph acceleration in just 2.5 seconds and a world record top speed (for open-top production cars) of 254 mph.

“In the Veyron, Bugatti has created an automobile icon and established itself as the world’s most exclusive supercar brand,” Bugatti CEO Wolfgang Dürheimer said in a statement. “So far no other carmaker has managed to successfully market a product that stands for unique top-class technical performance and pure luxury in a comparable price/volume range.”

According to Dürheimer, there were four main goals in developing the Veyron. The car had to have more than 1,000 metric hp (986 American hp), hit a top speed in excess of 400 kmh (248.55 mph), accelerate to 100 kmh (62 mph) in under 3.0 seconds and—the biggest challenge—still be civil enough to drive to a night at the opera in comfort and style.

With the final Veyron now sold, soon Bugatti’s factory in Molsheim, France will be tooled up to start production of the Veyron’s successor, a faster and more powerful model packing hybrid technology. However, that successor may not come for some time.

When asked if we’ll see the Veyron’s successor launched in 2016, Dürheimer explained that Bugatti doesn’t follow ordinary production cycles and that its cars are comparable to pieces of art, which can take time to develop. This good news is that Dürheimer confirmed any successor will need to perform better than the Veyron in every possible way.

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