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Veneno Roadster, One:1, One-77, LaFerrari, P1, Veyron headline 25-car Bonham's auction

Bonhams is holding a no-reserve auction in fall 2019 that includes some of the most valuable and sought-after supercars of the past decade. The lot of 25 beautiful collector items includes a Lamborghini Veneno Roadster, a Koenigsegg One:1, an Aston Martin One-77, a Ferrari LaFerrari, a McLaren P1, and a Bugatti Veyron. The collection, which was seized from a corrupt politician from Equatorial Guinea, is valued at roughly $13 million. If selling off future classics that are still in their infancy as collector items seems strange, it's because this is not a straightforward situation. These cars will be sold off by the State of Geneva, not a person. The collection was previously owned by the vice president of Equatorial Guinea, Teodoro Obiang, but the cars were seized when he was placed under investigation for money laundering and unfair management of public interests. These 25 cars, which were located in Geneva, were first sequestered in fall 2016. A trial court ordered them sold off, and the money earned from the sales would be invested in social programs that benefit Equatorial Guinea. And so, Equatorial Guinea is about to see an influx of cash, as every vehicle is valued in the hundreds of thousands, if not millions, of dollars. The rarest might be the Koenigsegg One:1. One of only six remaining, it has 371 miles on the dial, and is valued at roughly $1.8 million. The Lamborghini Veneno Roadster, one of nine in the world, is a close second. It has 202 miles logged, and is valued at about $5.1 million. The Aston Martin One-77 is another rare bird. It is example No. 35 of 77, holds a 7.3-liter V12 engine, and is valued at about $1.4 million. A McLaren P1, Ferrari LaFerrari, and Bugatti Veyron 16.4 round out the top of the list. The remaining cars are not fully detailed, but they include examples from Mercedes-Maybach, Bentley, Maserati and Porsche. The auction will take place on Sunday, Sept. 29, at the Bonmont Golf & Country Club near Lake Geneva. For more photos and information, visit Bonhams.

2016 Lamborghini Huracan LP 580-2 First Drive [w/video]

The most enjoyable – not necessarily the "best" or "fastest" – driving machines permit latitude with their exactitude, using ruthless precision to support a driver's personal style instead of smother it. Very few cars get it right. The Porsche 911 GT3 is one that does. Add the Lamborghini Huracan LP 580-2 – the new rear-wheel drive variant of the all-wheel drive Huracan LP 610-4 – to the short list. To get a sense of how the rear-drive car stacks up, let's revisit our impressions of the all-wheel version. We drove the LP 610-4 at Laguna Seca back in May for the brand's Intensivo driving school, and two idiosyncracies stood out. The first is that it ticked around corners like the second hand on a watch. That's great for an autocross, pivoting through cones like a Tron lightcycle. But on a circuit, you want the freedom to find your own best way to move the machine around the track, and the all-wheel-drive Huracan won't relent on its commitment to ultimate precision. You aim at grace but you get mechanics – a robot trying to follow your instructions for dancing the Tarantella. The second peculiarity was that it squirmed under heavy braking, coming down from triple-digit speeds into a hairpin like a bull shaking off a swarm of flies. The timed run from 0-62 miles per hour is just 0.2 seconds slower than the 610-4. The LP 580-2 is the prescription to cure both symptoms. As the name attests, output drops from 602 horsepower to 572 hp and torque is reduced from 413 pound-feet to 398 lb-ft, all of it sent to the rear wheels. The timed run from 0-62 miles per hour is just 0.2 seconds slower than the 610-4. No mere devaluation of potency, engineers remapped the 5.2-liter V10's power and torque delivery so it's different from the AWD version. Power delivery is further differentiated between the 580-2's manual and automatic shifting, and it feels more linear when you're working the paddles. You need a fetish for grilles to spot the variance between this car and the all-wheel drive version. Designers reworked the strakes on the lower front intake and removed the hexagonal mesh ornamentation, so you peer straight at radiators. The corners of a larger rear grille cut deeper into the bumper. The badge ahead of the rear wheels says, "LP 580-2." The standard 19-inch wheels are of a new design called "Kari." Those are the visual differences. The cabin is identical.

As VW electrifies, it questions the role of Lamborghini, Bugatti, Ducati

FRANKFURT — Volkswagen needs to change to stay relevant in the electric and digital vehicle era and will announce "important steps" to that end before the close of the year, Chief Executive Herbert Diess said on Wednesday. "Volkswagen needs to change: From a collection of valuable brands and fascinating combustion-engine products that thrill customers with superb engineering — to a digital company that reliably operates millions of mobility devices worldwide," Diess told shareholders at the company's virtual general meeting. Vehicles need to stay in contact with customers, offer new services and comfort functions on a weekly or even daily basis, he said. "We will take further important steps to set the course for this in the rest of 2020," Diess said. Senior executives told Reuters the company is reviewing what role its high-performance brands Lamborghini, Bugatti and Ducati will play as the company increasingly focuses on electric, digital and autonomous vehicles. Volkswagen, which also owns VW, Audi, Porsche, Seat and Skoda, is looking at whether it has the resources to accelerate development of electric platforms for smaller brands at a time it is investing billions to transform its more mainstream cars. Asked whether Ducati, which is known for making noisy combustion-engined motorbikes, has an electric future, Markus Duesmann, who oversees research and development for the group, said: "It will not take long until we see an electric Ducati." Whether Ducati, which is a medium-sized premium motorbike brand, would offer an electric variant, depends on whether a bike could offer range comparable to a combustion-engined variant, Duesmann said. Advances are being made in battery technology which could make this possible, he added. Separately Frank Witter, the company's chief financial officer, in response to a question about whether a sale of Lamborghini is planned, said Volkswagen does not comment on speculation about potential divestments. Lamborghini's Chief Executive Stefano Domenicali this week announced his departure from the sports car maker to take on a new job as president of Formula One. VW needs cash Volkswagen is reviewing the future of these three high-performance brands as part of broader quest for more economies of scale as it shifts to mass producing electric cars, senior executives told Reuters.