News

Bugatti Reveals New $4.1 Million Hypercar Dubbed The Tourbillon

The latest exotic vehicle from the 115-year-old company will replace the Chiron, and features an 8.3 liter 1800 horsepower engine.

Published

2 years ago

June 21, 2024

Nour Nasir

Bugatti

A new Bugatti hypercar, named the Tourbillon, will succeed the Chiron as the company aims to extend its dominance of the high-end automotive sector and secure its place within parent company Volkswagen.

Earlier this year, the Chiron’s 500-car production run ended with the $3.9 million Chiron Super Sport. Meanwhile, the last of the W16-powered models — the Bolide and W16 Mistral — will be delivered later this year.

Designed for eternity and shaped for speed, the BUGATTI TOURBILLON is a truly timeless masterpiece in every single detail.

Each surface is carefully refined to balance aero- and thermo-dynamic performance, inspired by BUGATTI’s design legacy.#BUGATTI #BUGATTITourbillon… pic.twitter.com/8m4dCI7cQ8

— Bugatti (@Bugatti) June 20, 2024

The €3.8 million ($4.1 million) Tourbillon — French for whirlwind — pairs a 1800 horsepower, 8.3 liter naturally aspirated V-16 engine developed by Cosworth to a new eight-speed dual-clutch gearbox. The hypercar also utilizes two electric motors — a first for the 115-year-old company. The Tourbillon can officially reach an electronically limited top speed of 445 kph (276 mph), though 300 mph+ speeds should technically be within reach. Finally, electric assistance means driving up to 37 miles without using the main power plant is possible.

bugatti tourbillion exterior

“The Bugatti brand is about heritage, about craftsmanship, about artisan work, [and] a combustion engine very much still fits within the picture,” explained Bugatti Chief Executive Officer Mate Rimac. “We felt like people still want that craftsmanship of the combustion engine”.

bugatti tourbillion dashboard

An obvious highlight of the Tourbillon is its highly aesthetic and opulent interior. The center console uses crystal glass and aluminum to accentuate various dials and switches, while Swiss watchmakers were enlisted to create an intricate three-gauge instrument pod made from titanium, ruby, and sapphire.

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Moving to the Tourbillon’s exterior, we see clean lines, a signature horseshoe shape, and “dihedral” doors. Finally, when using track mode, a hidden rear wing acts as an airbrake for greater stability while braking.

Bugatti’s executives have yet to discuss whether they will use their new hypercar to attempt another top-speed record. In total, 250 Tourbillons will be built, with deliveries beginning in 2026.

News

Saudi Digital Payments Reach 80% As Cash Use Shrinks

Visa data shows cards and mobile wallets dominate spending, with smartphones now driving a growing share of daily transactions.

Published

1 day ago

January 23, 2026

Nour Nasir

saudi digital payments reach 80% as cash use shrinks

Digital payments now account for 80% of all transactions in Saudi Arabia, according to Visa’s latest Where Cash Hides report, another marker of how quickly the Kingdom is moving away from cash.

The share is up four percentage points from a year ago. Around 67% of consumers are now largely non-cash users, paying mainly with cards or mobile wallets. Smartphones are taking a bigger role, with mobile payments making up 16% of transactions.

visa where cash hides saudi arabia 2026

Cash is retreating in routine spending. Eating out dropped 9%. Bill payments fell 8%, as shoppers opt for faster checkouts and app-based payments.

“The data shows a steady move toward digital payments in Saudi Arabia. Such progress is possible only because banks, fintechs, merchants, and technology partners are moving together in the same direction, in line with the Kingdom’s Vision 2030,” said Ali Bailoun, Visa’s Senior Vice President and Group Country Manager for Saudi Arabia, Bahrain, and Oman.

Also Read: UAE Users Sleep Less, But More Efficiently, ŌURA Data Reveals

Despite the recent findings, it’s important to note that cash hasn’t yet disappeared. It still shows up for tips (39%), peer-to-peer transfers (28%) and rent (14%).

Visa points to security features such as tokenization, along with rewards and cashback, as factors nudging more spending onto cards and phones — a shift that tracks with Saudi Arabia’s wider Vision 2030 push to digitize commerce.