The rumor has been around for a while, but Bugatti has confirmed it will soon a offer a plug-in hybrid.

Wolfgang Durheimer, the Bugatti CEO said the luxury automaker will debut, likely in 2012, a 1.4 million super car based on the 16 C Galibier concept that debuted in 2009.

The four-seat sports sedan will feature 16-cyclinder engine, with the plug-in hybrid option possessing a 25-mile radius in electric-only driving.

Durheimer didn't report if Bugatti hybrid engine will be downsized, but he commmented Bugatti hopes to sell around 1,500 units during car's yet-to-be determined tenure.