Koenigsegg’s CCXR

Making its debut at Geneva, the Koenigsegg’s CCXR could be the fastest car ever–and it runs on biofuel. The Swedish auto manufacturer says ethanol fuel has higher octane and better cooling power than regular gas which lets it boost the power up 25 percent over the CCX model to 1018 horsepower at 7200 rpm.

Pictured is the CCX model which is also being shown at Geneva. CCX will be re-engineered to run on biofuels.

Bugatti Veyron

The Bugatti Veyron, a 1001 horsepower sports car, could be eclipsed by the Koenigsegg CCXR’s 1018 hp engine. The 16 cylinder, 8.0 liter engine has a seven-speed transmission. Its speed record of 407 kph could be in jeopardy. The Veyron costs a mere $1,630,000.