Note: Australia is generally considered to be a continental landmass, rather than an island. If however one does count Australia among the islands it, not Greenland, would be the largest in the world (unless one also considered Antarctica an island).
... that was to become the world's fastest, the Bugatti EB110 (so named to honour the 110th anniversary of Ettore Bugatti's birth).
Bugatti EB 110
The completed car was ...