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VW has received several tentative bids for Ducati

Italy's Benetton family is vying with motorbike firms and buyout funds for control of Italian motorcycle brand Ducati, which is being sold by Germany's Volkswagen, sources involved in the process told Reuters. Volkswagen, whose Audi division controls Ducati, has received several tentative bids with the Benetton family's investment vehicle Edizione Holding valuing the Monster motorbike maker at $1.2 billion, one of the sources said. As well as Edizione Holding, U.S. buyout fund Bain Capital, which owns a stake in Ski-Doo snowmobiles maker BRB, and two Indian motorbike firms, Eicher Motors and Bajaj Auto, have also bid for Ducati, the sources said. Indian carmaker Eicher controls Royal Enfield, a motorcycle brand established in 1893 which ranks as one of the oldest. Strategic bidders also include U.S. automotive firm Polaris Industries, which earlier this year said it would wind down its struggling Victory Motorcycle brand. A shortlist of bidders for a second stage of the auction could be selected as soon as Saturday, two of the sources said. Volkswagen adviser Evercore has a long list of bidders including private equity funds such as Ducati's previous owner Investindustrial, CVC Capital Partners, Advent and PAI, all hoping to outbid industry players, the sources said. If it gets to the second round, Edizione Holding could seek to form a consortium with a financial investor, two of the sources said, in a bid to secure control of Ducati, whose racers have won the Superbike world championship 14 times, with Carl Fogarty and Troy Bayliss its most successful riders. Audi, Edizione Holding, Investindustrial, Advent and PAI declined to comment, while the other interested groups were not immediately available for comment. PRICING CHALLENGES For some buyout funds, Ducati's valuation of up to $1.4 billion – which sources said is based on a multiple of more than 10 times its core earnings of roughly 100 million euros – is a tall order as they lack the synergies that some motorbike makers could achieve. But Investindustrial founder Andrea Bonomi, who sold Ducati to Audi for about 860 million euros in 2012, is serious about a comeback, one of the sources said. China's Loncin Motor was among a group of industry players that initially showed interest in Ducati, alongside Harley-Davidson. The latter has, however, decided against making a bid due to Ducati's price tag, while it could not be established if Loncin Motor had carried on bidding.

Pope Francis gets a papal-themed Lamborghini Huracan

Lamborghini picked a special recipient for the newest and rarest version of its Huracan RWD, giving an ultra limited-edition version of the supercar to Pope Francis in a ceremony Wednesday at the Vatican attended by company executives. The new Popemobile, it's not. Fittingly, according to Catholic News Agency, it's the seventh version of the Huracan, the Italian company's entry-level model. It's set to be auctioned at RM Sotheby's on May 12, 2018, with orders from the Holy See to split the proceeds between three charitable causes: restoring villages on the Nineveh Plain in Iraq, helping victims of human trafficking and supporting missionary work in Africa. The papal Huracan RWD is done in Monocerus white with Tiberio yellow stripes running along the hood, roof and body, reflecting the colors of the flag of Vatican City. It was blessed and autographed by the pontiff in the presence of Lamborghini Chairman and CEO Stefano Domenicali, board members and two employees who helped build the car. The Huracan is the successor to the Gallardo, Lamborghini's best-selling model of all time, with a design inspired by the hexagonal form of the carbon atom. It's powered by a naturally aspirated, 5.2-liter V10 that makes 602 horsepower and 413 pound-feet of torque. Normally, the sports car starts $199,800. But a version blessed and autographed by the pope? Priceless...Related Video:

Lamborghini teasing 50th Anniversary model in video?

This new year is going to mark a lot of anniversaries in the automotive world, including the 60th year of the Chevrolet Corvette and 50 years since the introduction of the Porsche 911 and the Lamborghini brand. We already know Chevy is celebrating with the all-new C7 Corvette, and we've heard rumblings that Lamborghini might be planning a new model of its own.
Tucked in at the end of a great video highlighting the first 50 years of Lamborghini, there's a quick glance of a shadowy car with Gallardo-like headlights. There isn't much to go off of in this shot, but we do see that the front fenders are more squared-off than any other current model, meaning that it could very well be the 2014 replacement for the Gallardo.
Scroll down to watch Lamborghini's history (and possibly future) wrapped up quite nicely in a 72-second video.