A cashed-up Bugatti collector has commissioned the most expensive car of all time at approximately £12 million ($18.68M). The bespoke La Voiture Noire (literally meaning black car) was revealed this morning, March 5, at the Geneva Motorshow.

The one-off car is a tribute to the Type 57SC Atlantic, designed by Jean Bugatti himself. While the contemporary vehicle owes much to the 57SC Atlantic, there are some obvious diversions. It's supremely streamlined with a dorsal fin running from the front of the car all the way back and a windshield that flows seamlessly into the windows like a helmet. The La Voiture Noire features a Chiron engine that gives it 1,479 horsepower and 1,180 pound-feet of torque.

Bugatti’s deputy design director Etienne Salomé explains that when the team came together they asked “What if Jean was still here?” and “How would he translate the timeless beauty and elegance of his own private Atlantic onto a modern-day Bugatti?”

By all accounts, they have achieved that elegance. It's described as a “coupé with the comfort of a luxury limousine and the power of a hyper sports car.”