Didn't we already kind of know that this was going to happen when these guys released several tracks under the Bugatti Boyz moniker? I mean, I posted the track "Another One" more than a month ago. Anyway, the above video serves as the official announcement by Rick Ross and Diddy that they are indeed the Bugatti Boyz. They are also apparently working on an EP together, so we can expect tracks like "Another One" to end up somewhere official.
Their untitled EP is probably dropping either next month or some time next year.