What would a Buggati Veyron on steriods be like?

WOW!!! Just when I thought know one would ever remove the Veyron from his throne, Buggati comes and does it themselves! Rumors have it that the new and improved Veyron will be around 1200hp. If that doesn't make your stomach clench, on top of that they plan on reducing its weight by 600lbs!!! The predicted top speed of 264 mph doesn't seem to far fetched now does it?!