Joey:
No history? Fifteen years? Please do some research before you come up with stuff like that.
I'll give you the BRIEFEST of histories of Bugatti. Ettore Bugatti built the first Bugatti Type 10 in 1909 and Bugattis started racing shortly afterwards. A Bugatti was entered in the fourth Indianapolis 500 in 1914. Bugatti won LeMans in 1920. Bugs too the first four places in the 1921 Italian Voiturette Grand Prix. Bugatti has a very strong racing history.
Another point you're missing is that the "Callaway Sledgehammer" was only a tuner car...not a production car. Bugattis have always been production cars.