Latest news with #Bugatti
Time of India
2 days ago
- Automotive
- Time of India
75-Year-Old Jay Leno drives world's fastest open-top car Bugatti Mistral at 280+ MPH; fans call it 'beautiful machine'
Jay Leno, a popular American television host and comedian, recently got an opportunity to experience the world's fastest open-top production car, the Bugatti Mistral. The comedian described the experience as surprisingly effortless. The previous year, the Mistral hypercar reached an impressive top speed of 282 mph on a high-speed test track in Germany. Despite its extreme performance, the 75-year-old compares the driving experience to that of a Miata—smooth and approachable. According to DuPont REGISTRY, the Mistral may not be light or nimble in the conventional sense, weighing in at nearly two tonnes (1,977 kg or 4,359 pounds), yet it defies expectations with its remarkable agility. At speeds exceeding 280 mph, the hypercar reacts so sharply and smoothly that it momentarily tricks your mind into ignoring the laws of physics. Jay Leno drives a $5 million (Rs 41.6 crore) Bugatti Mistral Despite being powered by the massive W16 engine, the Mistral feels so surprisingly light to Leno that he compares it to the lightweight MX-5 Miata. "This feels like a Miata," he said in the viral YouTube video. However, both cars have their own unique appeal, but the comparison remains intriguing, especially when you consider that even the expensive Miata is roughly 131 times cheaper than the Mistral's hefty $5 million (Rs 41.6 crore) price tag, as per Auto Evolution. This particular Bugatti Mistral was featured on the Audrain Museum Network channel, with Jay Leno behind the wheel and his long-time friend Donald Osborne as passenger. In the video, the driver goes beyond just showcasing raw power; it celebrates the final and most elegant chapter of Bugatti's legendary W16 engine. Fans react to the video, one wrote in the YouTube comment section, "Jay and Donald, the greatest combination you can get for car reviews." "I love this Bugatti. So beautiful," another added. The hypercar was designed as a tribute to the 1930s-era Type 57 Grand Raid Usine The Bugatti Mistral marks the brand's long-awaited return to open-top driving, becoming its first roadster since the 2012 Veyron Grand Sport Vitesse. The exclusive hypercar pays homage to the elegant 1930s Type 57 Grand Raid Usine, a rare, Art Deco-inspired masterpiece of which only 10 were ever produced. What truly sets the Mistral apart from the other similar cars is its 8.0-litre W16 engine and a bold defiance of the industry's shift towards downsizing. Additionally, it is equipped with four turbochargers; the engine delivers a jaw-dropping 1,578 horsepower (1,600 PS), which makes it a high-performance tribute to Bugatti's engineering legacy. While Leno, who has driven just about every kind of performance car imaginable, lauds its balance and manoeuvrability. "There should be a sign on the dashboard that says, Please inhale before accelerating," jokes Donald Osborne, CEO of the Audrain Group, who joined Leno during the drive. Key features of the Bugatti Mistral Let's take a look at the key features of the Bugatti Mistral and why there is so much hype around it: The ultimate roadster: According to HR Owen, the Bugatti W16 Mistral is the final swansong of one of the most ambitious powertrains ever made. With an 8.0-litre quad-turbo W16 engine, the car is powered by the definitive version, first introduced on the Chiron Super Sport 300+. The Mistral has 1,600 hp, allowing for a top speed of 420 km/h. Distinctive in every detail: The hypercar is developed with careful attention paid to Bugatti's 'Form Follows Performance' design language, the W16 Mistral. The top line of the windscreen and side windows flows purposefully around the side air intakes. Focused luxury: The interior of the W16 Mistral draws inspiration from the Chiron, refined to offer a blend of sophistication and luxury while maintaining practicality. Is the Bugatti Mistral available in India? As per CarWale, the Bugatti Mistral is not available in India. It is a limited edition, open-top hypercar, with only 99 units produced; that too, all of them have been sold. The Mistral is not being produced for any specific market, including India. While Bugatti does have a presence in India with models like the Chiron, the Mistral is not part of their current or future Indian offerings. FAQs Q. How does Mistral's interior design differ from the Chiron, and what unique touches does it feature? According to NewsCars, the Mistral's cabin inherits much of its layout from the Chiron but includes bespoke refinements characteristic of Bugatti's craftsmanship. Q. How is the interior optimised for high-speed driving? While the W16 Mistral's cockpit delivers luxury and elegance, it's also designed for functionality at velocities up to 420 km/h (261 mph), as per Motor1. For the latest and more interesting auto news, keep reading Indiatimes Auto.
Khaleej Times
6 days ago
- Business
- Khaleej Times
Binghatti net profit surges 172% in first half on continued demand
Binghatti Holding Ltd, a leading UAE luxury real estate developer, on Tuesday reported year-on-year profit and revenue almost tripling for the first half of 2025, driven by the continued demand for its projects. Net profit in the first half of 2025 rose 172 per cent year-on-year to Dh1.82 billion, compared to Dh668 million in the same period last year. Total sales reached Dh8.8 billion, representing a 60 per cent year-on-year increase, while revenue surged almost threefold to Dh6.3 billion, making the Company one of the fastest growing in Dubai's real estate market. The Group also saw strong expansion of its development pipeline. As of 30 June 2025, Binghatti's revenue backlog reached Dh12.5 billion, compared to Dh6.6 billion in the same period last year. The surge in backlog was driven by the launch of seven new projects, while five projects were successfully delivered during the first half, handing over 1,441 units into the market. Branded residence drive global investor demand Binghatti's flagship branded residences, developed in collaboration with world-renowned luxury partners Bugatti, Mercedes-Benz, and Jacob & Co. continue to resonate with global customers. In H1 2025, 61 per cent of Binghatti's sales were made to non-resident buyers, up from 55 per cent a year earlier, underscoring Dubai's safe-haven appeal and Binghatti's pro-active marketing, which include the launch of a London sales office in July. Leading buyer nationalities in H1 2025 included India, Turkey and China. While international investors continue to play a growing role in driving sales, Binghatti also continued to benefit from strong local demand, supported by the UAE's expanding population, and ongoing investment in infrastructure and housing accessibility. The company continued to broaden its domestic customer base by improving affordability and access to high-quality real estate developments. In May, Binghatti signed a Memorandum of Understanding with Abu Dhabi Islamic Bank (ADIB) to offer Sharia-compliant home financing solutions tailored to both ready and off-plan residential units. Under the agreement, eligible buyers will be able to secure financing once construction reaches 35 per cent completion and 50 per cent of payments have been made, a flexible structure designed to unlock new demand among UAE-based homeowners and investors. The company was selected in July by the Dubai Land Department (DLD) and the Dubai Department of Economy and Tourism (DET) as one of 13 developers participating in the newly launched First-Time Home Buyer (FTHB) Programme. As part of this initiative, Binghatti has committed to allocating at least 10 per cent of its newly launched and existing residential units priced under Dh5 million exclusively to eligible first-time buyers. In July, Binghatti also became a founding partner of the Dubai PropTech Hub, a joint initiative of the DIFC Innovation Hub and the Dubai Land Department. The Hub, which aims to attract $300 million in venture capital by 2030, will position Binghatti at the forefront of real estate innovation through access to emerging technologies such as AI, blockchain, and sustainable smart infrastructure. As a founding partner, Binghatti will benefit from early engagement with next-generation PropTech start-ups through the Hub's Living Lab, Scale-up Accelerator, and bespoke innovation programs. Binghatti currently has around 20,000 units under development across about 30 projects in prime residential areas across Dubai, including Downtown, Business Bay, Jumeirah Village Circle, Al Jaddaf, Meydan, Dubai Science Park, Dubai Production City, and Sports City. During the first half, Binghatti launched seven new projects featuring 5,000 units spread over 3.8 million square feet and and handed over five developments comprising 1,441 units over 1 million square feet. The company acquired a landmark megaplot in Nad Al Sheba 1, in the heart of Dubai's sought-after Meydan district with over 9 million square feet of gross floor area, which will serve as the foundation for its first master-planned residential community in Dubai with a total development value of over Dh25 billion. In the first half of 2025, Binghatti's credit profile was formally recognised by leading global rating agencies. In March, Moody's Ratings assigned Binghatti a first-time Ba3 Corporate Family Rating (CFR) with a stable outlook, citing the company's strong market position in Dubai's luxury real estate sector. Shortly after, Fitch Ratings upgraded Binghatti's Long-Term Issuer Default Rating (IDR) and senior unsecured debt to BB- from B+, also with a stable outlook. 'The first half of 2025 has been a period of exceptional growth for Binghatti Holding and the extraordinary year-on-year growth of our net profit and revenue is a reflection of the market's confidence in our differentiated model, one that is built around architectural excellence, speed of execution, and integrated value creation across the entire real estate ecosystem. As Dubai continues to attract global capital and high-net-worth individuals, our developments have become increasingly relevant to an international audience. The rising share of non-resident buyers speaks volumes about both our reach and Dubai's position as a safe, fast-growing investment destination,' said Muhammad BinGhatti, Chairman. 'Our H1 2025 results and operational achievements underscore the discipline, agility, and long-term thinking that drive every aspect of our business. Launching seven projects and handing over four in just six months demonstrates our operational leadership in the market and our deep commitment to on time delivery. Our growing backlog, diversified landbank, and expanding portfolio of unique branded residences created in partnership with global icons Bugatti, Mercedes-Benz Jacob & Co. provide the market with luxury living, investment value and architectural distinction,' said Katralnada Binghatti, CEO
Yahoo
21-07-2025
- Automotive
- Yahoo
The $4 Million Barn Find Bugatti Hidden in a Garage for 50 Years
Read the full story on Modern Car Collector In 2009, one of the most astonishing barn finds in automotive history stunned the collector car world. Hidden in a dusty garage in Newcastle, England, sat a 1937 Bugatti Type 57S Atalante—untouched, forgotten, and coated in nearly five decades of dust. When auction house Bonhams announced its discovery, enthusiasts called it a 'once-in-a-lifetime treasure.' But the story behind how this car ended up locked away is almost as fascinating as the car itself. Watch the full story of this incredible Bugatti barn find in our video below. A Forgotten Treasure The Bugatti was found in the garage of Dr. Harold Carr, an eccentric British orthopedic surgeon who purchased the car in 1955. Once owned by Francis Curzon, the 5th Earl Howe, a renowned Le Mans racer, the Type 57S Atalante was already considered a rare and desirable car in the 1950s. But sometime in the 1960s, Carr parked the Bugatti and never drove it again. For the next 50 years, it sat untouched, with cracked tires, cobwebbed headlights, and dust settling on every surface—a true time capsule. What Makes the Bugatti Type 57S Atalante Special The Type 57S Atalante is one of the most sought-after pre-war Bugattis ever built. Only 17 were produced, and its design was considered revolutionary at the time. Equipped with a 3.3-liter straight-eight engine, the 57S Atalante was lightweight, elegant, and fast, with a distinctive teardrop-shaped body that has become one of the most iconic Bugatti silhouettes in history. The fact that this particular car still had its original components intact after 50 years of storage made it even more valuable to collectors. The Auction Frenzy When the Bugatti crossed the auction block at Bonhams in Paris, collectors from around the world competed for the chance to own it. Despite its dusty, unrestored condition, the Atalante sold for an incredible £3.4 million—around $4.4 million USD. Some argued it should be preserved exactly as it was found, while others believed a full restoration would reveal its original beauty. The Mystery of Why It Was Hidden The biggest question remains: why did Dr. Carr hide the car for so long? Some believe he lost interest in driving as he grew older. Others suggest he may have wanted to preserve the car's originality, knowing it could someday be historically significant. There's even speculation that financial concerns or personal reasons may have played a role. Whatever the reason, Carr's decision inadvertently created one of the most important barn finds of all time. A Once-in-a-Lifetime Find Today, the Bugatti Atalante serves as a reminder that automotive treasures are still out there, hidden in garages, barns, and sheds, waiting to be discovered. Follow us on Facebook and Twitter
Auto Blog
21-07-2025
- Automotive
- Auto Blog
Final Call: 2025 Hyundai Palisade is Being Sold at a Steal
View post: Bugatti's Stunning New Factory Is Ready For The Tourbillon View post: Hyundai Isn't Going to Like the 2026 Ford Explorer's Price Cuts View post: Why Cheap New Cars Are Disappearing in 2025 A Consistent Hot-Seller for Hyundai Ever since its introduction to the US market in 2019, the Hyundai Palisade has consistently sold well, with its strongest sales performance in 2024 when it recorded over 110,000 units delivered. That momentum continues well into 2025; in the first half of the year, Hyundai sold 439,280 vehicles – a 10 % increase over the same period in 2024, marking the strongest opening six months in company history. Over 57,000 of those were Palisades. That success underscores why SUVs like the Palisade are in such high demand. But as Hyundai readies the next-generation model, the value proposition of the outgoing 2025 Palisade is becoming irresistible. For buyers who've set their sights on a three-row SUV that blends comfort, capability, and modern tech, now may be the smartest time to buy – before the model is replaced and prices rebound. Discounts for the 2025 Palisade are Tempting Listings for the 2025 Palisade on right now reveal attractive discounts. A 2025 SEL Premium is listed at $45,004, marked down from an MSRP of $48,315. A base SE model starts at $38,574, slightly undercutting its official price by about $1,374. Meanwhile, a fully loaded Calligraphy Night Edition is listed for $52,589, offering nearly $2,750 in savings off its typical $56,889 price. Across multiple trims, discounts range from $1,000 to well over $5,000. That said, the outgoing Palisade is a tempting proposition, especially for buyers looking to score features like adaptive cruise control, three-zone climate, heated and ventilated seating, large-format infotainment screens, and high-end interior finishes, without paying new-generation premiums. With inventory transitioning soon, now may be the best window to get a richly equipped three-row SUV at a significantly reduced cost. The New‑Gen 2026 Palisade is Worth the Wait, Too The 2026 Palisade arrives this summer with substantial upgrades, especially in refinement and technology, though with slightly higher pricing. The updated model debuts at $38,935 for the SE FWD base (just $1,735 above the 2025 model), while the range-topping Calligraphy AWD climbs to $56,060 for gas models. The all-new Hybrid variant starts at $43,660 (Blue SEL FWD) and tops out at $58,280 (Calligraphy AWD). Fully loaded hybrids and the rugged XRT PRO trim (with lifted suspension, all-terrain tires, and mud/sand/snow modes) provide premium SUV capabilities starting in the low‑$50,000 range. Inside, buyers get twin 12.3‑inch digital displays, USB‑C ports in all three rows, and optional relaxation seats with deployable leg rests, bringing luxury that belies its price point. If you're in the market now, the outgoing 2025 Palisade offers exceptional value at discounted pricing despite generous equipment levels. But if you want the latest tech, hybrid efficiency (30 mpg+), and the enhanced ride quality of the new generation, waiting for the 2026 Palisade – and factoring in its modest price bump – could be well worth it. Make sure to shop around and choose based on whether you prioritize immediate savings or the improvements on the new-generation model. About the Author Jacob Oliva View Profile
Forbes
21-07-2025
- Automotive
- Forbes
How Automotive Tariffs May (Or May Not) Affect Classic Cars
Steven Posner, CEO of Putnam Leasing The Trump administration's tariffs on new automotive vehicles and parts are on the verge of having an impact. The Trump administration has threatened vehicle and parts tariffs since early this year. Trump has levied tariffs on imported vehicles as well as steel and aluminum. There have been delays but Aug. 1 is the next date where tariffs are to take full effect. Trump has delayed tariffs at various times this year. Tariffs are paid by companies that import goods. Those costs typically are passed on to customers. Tariffs are not payments from one country to another. At the same time, tariffs may have an effect on the collectible car market. 'Tariffs do not affect cars 25 year or older,' Steven Posner, CEO of Putnam Leasing, said in a recent interview. However, one-fourth of the way through the 21st century, some collector cars may be affected. They include brands such as Ferrari and Mercedes. 'There's a just a handful of collector cars that are hot in the U.S. market,' Posner added. 'I think it's the law of unintended consequences,' he said. 'It hurts the car broker or car dealer who's interested in something post 2000.' The global automotive industry is full of change. China has been leading the charge for electric vehicles. The U.S., under Trump, is hostile to EVs. Chinese automakers have also seriously revamped product development where new models can be developed much faster than what U.S. and European automakers can accomplish. Posner said high-end buyers of collector cars may go along with the tariffs. 'The individual that buys a Bugatti that costs $4 million and all of it suddenly it costs $5 will spend the extra $1 million.' Collectors of such cars 'are generally wealthy people,' he added. 'You always spend a little bit more.' Some purchasers of such collector cars have 'all their life wanted this particular car.' For now, the world of tariffs, EVs and may come together.
