Bugatti unveiled the 16C Galibier Concept in Frankfurt last month and reportedly it has been given the green light for production according to Auto Express.
The four-door concept features a 8.0-liter quad-turbo W16 engine borrowed from the Veyron, which will be detuned to 800 horsepower and mated to a conventional eight speed transmission. It's estimated that the Galibier would reach a top speed of 220 mph.
If these reports are true expect to see the Galibier's release in 2013 with a price tag of £900,000 price tag, which is about $1.4 million.