Bugatti is one of the most prestigious badges in the automotive industry. If one doesn't have at least $3 million to throw around, then one shouldn't even think of entering a Bugatti showroom. The first unit of the brands latest creation, the Veyron 16.4 Grand Sport, sold for $3.19 million - exceeding the roadster's sticker price of $2.05 million.

Only 150 units of the Veyron 16.4 Grand Sport will be produced, 50 of which has already been sold to existing Bugatti customers who apparently have another $3 million to throw around. So what's next for the exclusive luxury brand that caters to a very elite demographic?

According to Automotive News, Bugatti is working on a Rolls-Royce competitor to replace the Veyron production that ends in 2012. CEO Franz-Josef Paefgen says that Bugatti may work together with sister brand Bentley to build the car. Is World's fastest sedan on the way?

And it doesn't end there. Rumors have started of Veyron GT model. A 1200-hp Veyron that will top speeds of 270 mph.