A Mid-Engine Grand Tourer,the Bugatti Veyron EB 16.4 is produced by Bugatti headquarters in Château St Jean in Molsheim ( France). The production and development is credited to Ferdinand Karl Piech.Named after French racing driver Pierre Veyron, after the Le Man in 1939 while racing for the Bugatti company. Two hundred Veyron are known to have been built and delivered since production began. All the Veyron editions contribute to the 200 being built (stopped built in late 2008). The editions that are contributing are the Veyron, Veyron 16.4, Pur Sang, Hermes Edition, Sang Noir, Targa, Vincero, and the Bleu Centenaire. It will be replaced with the Grand Sport, which is essentially a Veyron Convertible.
Built with a W16 Enigne,the Veryon hosts 16 cylinders in two banks of eight cylinders,the equivalent of two narrow-angle V8 images mated in a “W” configuration. Each cylinder has 4 valves for a total of 64, but the narrow staggered 8 configuration allows two camshafts to drive two banks of cylinders so only 4 camshafts are needed. The engine is fed by four turbochargers and displaces 8.0 L (7,993 cc/488 cu in) with a square 86 mm by 86 mm (3.4 in × 3.4 in) bore and stroke.

With a claimed 1001 horsepower, the Veyron is a major technical achievement. Its engine has 16 cylinders, essentially formed by joining two V8 engines at the crank.
This W16 powerplant displaces 8.0 liters and features ten radiators for everything from the engine cooling systems to the air conditioner.
The $1.3 million Veyron reaches a top speed of 253 mph – a speed it can maintain for 12 minutes before all the fuel is gone. Power is transmitted to the pavement via four-wheel-drive and a seven-speed dual-clutch automated manual transmission.
The car can hit 60 mph in just 2.5 seconds, 100 mph in 5.5 seconds, and 150 mph in 9.8 seconds. Getting to 200 mph takes 18.3 seconds, and 250 mph takes 42.3 seconds.
A special key is required to “unlock” the Veyron’s top speed of 250+ mph. The car is then lowered to just 3.5 inches from the ground. A hydraulic spoiler extends at speed, and it can also serve as an air brake.

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I ts also damn costly. I heard that it is having pearl and diamonds in its interior.
Is it true ?
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