Bugatti is reportedly beginning work on the next generation Veyron, and rumor has it that they’re looking to hit Ludicrous Speed. Okay, maybe it won’t go quite that fast, but with a target of 270 miles per hour, it figures to be pretty darn close.

@funkmasterflex

According to AutoExpress, despite losing money on each one it builds, Volkswagen Group has no plans to watch its mighty hypercar fade away, and the next version will stick to the business of shattering perceptions of what a production car can do. Reportedly, the 8.0-liter W16 engine and its quad-turbo setup will return in a similar form as is employed in the Bugatti Veyron Super Sport. However, the new car will head to the scales and produce a number far below what we see in current Veyron models. It will achieve this through more extensive use of lightweight alloys and carbon-composite materials.

If AE is reading its tea leaves correctly, the new warp-speed Bugatti Veyron to make an appearance sometime in 2013.