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Koenigsegg One:1 coming with 1,340 hp, Bugatti-beating speed

It's been nearly four years since Bugatti took its Veyron Super Sport on a top-speed run to 267.8 mph (and drew some controversy for the setup). That's a epoch in supercar development time, and today there's word of a belated challenge to not just the Veyron's speed record but its status as the king of all supercars — from Sweden.