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Bugatti unveiled the 1,600 horsepower Centodieci supercar on Friday. A Bugatti logo radiator badge on a veyron during the London Motor Show at ExCel on May 17, 2018 in London, England. The UK's largest automotive retail event will be showing over 150 new vehicles and includes a "Built in Britain" display, Celebrating all that’s great in British automotive engineering. Getty Images/John Keeble

As Bugatti celebrates its 110th anniversary, it is using The Quail: A Motorsports Gathering as the backdrop for the unveiling of its most powerful supercar to date. Bugatti debuted the Centodieci at the Monterey, California, auto show following the showing of its $18.7 million La Voiture Noire at the Pebble Beach Concours D’Elegance earlier this week.

At 1,600 horsepower and a $10 million price tag, the Centodieci is built for speed. It can reach 62 mph in 2.4 seconds and is powered by an 8.0-liter W16 engine equipped with an extra air inlet for cooling, CNBC reported. Top speed on the car is reportedly 236 mph.

The supercar takes on a ‘90s appearance paying homage to the EB110 supercar incorporating five circular intakes at the rear. New LED headlights were also integrated, taking on the wedge style of the EB110.

“With the Centodieci we pay homage to the EB110 super sports car which was built in the 1990s and is very much a part of our tradition-steeped history,” Stephan Winkelmann, Bugatti president said in a statement.

The supercar was also built 44 pounds lighter than Bugatti’s Chiron by using carbon fiber and creating a weight ratio of 2.5 pounds per horsepower, according to the news outlet. It also reportedly has 200 pounds of downforce, which Bugatti said helps it to corner like its Divo super car.

On display in white, the Centodieci was designed to offset the La Voiture Noire, which Winkelmann said was “like yin and yang.”

While the La Voiture Noire has only one buyer, the Centodieci will have a total of 10.