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Lamborghini confirms Le Mans Daytona hybrid entry for 2024

Last August, Racer magazine reported that Lamborghini had green-lit a project to put a car in global endurance racing's Le Mans Daytona hybrid (LMDh) class, but wasn't ready to announce it yet. The brand's head of motorsport for the U.S. said at the time that work on a factory endurance program was "90 percent of the way there." Now, the last 10 percent has been completed, and the Sant' Agata Bolognese carmaker announced its LMDh car will start racing in 2024. The class, developed by the U.S. IMSA organization in collaboration with France's ACO, begins competing next year. Here's the refresher on the top to endurance racing categories, LMDh and Le Mans Hypercar (LMH), both of which are allowed to run in the FIA World Endurance Championship and the IMSA WeatherTech SportsCar Championship. LMDh cars use a spec chassis provided by one of four suppliers, Dallara, Ligier, Multimatic or Oreca. LMDh teams can use any engine and electronics they want, but they will all fit a spec hybrid unit supplied by Bosch, a spec lithium-ion battery from Williams Engineering, and a spec gearbox from Xtrac. Max horsepower is limited to about 680. VW sister brand Porsche opted for a Multimatic chassis powered by a turbocharged V8. Sportscar365 believes Lamborghini will buy a Ligier chassis. Since the R8 and its V10 are headed for the dustbin, Lamborghini could use a V8 as well. Every team creates its own bodywork, the limit being a 4:1 ratio of drag to downforce and a single aero package for the year to keep costs down. As the teaser shows, Lamborghinis on the track will be known by their Y-shaped DRL signatures, too.  Audi had been planning an LMDh entry, but dropped out when it confirmed its eventual entry into Formula 1. So for the moment, Lamborghini will join other LMDh manufacturers Acura, Alpine — which will switch from its current LMH car to LMDh in 2024, BMW, Cadillac, and Porsche. That latter brand is also going into F1, but hasn't axed any other programs. The LMH class is based on roadgoing hypercars, a manufacturer required to sell 20 of the retail hypercars over a two-year period to qualify. Although output's capped to around 680 hp as with LMDh, manufacturers can develop their own engines, gearboxes and hybrid systems. Discrete bodywork is allowed, held to the same drag-to-downforce ratio limit. The current LMH entries are Alpine, our own Scuderia Cameron Glickenhaus, and Toyota.

Lamborghini has already pre-sold 700 Huracans

It's barely been two months since Lamborghini revealed the new Huracan. The latest ten-cylinder Raging Bull hasn't even had its public debut yet, scheduled to take place next month at the Geneva Motor Show (the same show where McLaren will reveal its new 650S and Ferrari the revised California T). But the Bolognese automaker has already managed to take a whopping 700 orders for the new supercar.
Not that the customers are waving their checkbooks sight unseen, mind you. Over the course of the past month, Lamborghini has been carting pre-production Huracans around the world for VIP clients, 700 of whom have put down their deposits.
To put that number into perspective, consider that in 2012 (the last full year of production), the factory in Sant'Agata built just over 1,200 Gallardos. Assuming Huracan production continues at the same pace, that means Lamborghini already has over half a year's worth of production spoken for. So if you want to get yours anytime in the coming year, you'd better get your deposit in lickety-split.

Audi CEO says brand's EVs are almost as profitable as its other cars

After, oh, a hundred years or so of building vehicles primarily powered by internal combustion engines, automakers around the world have been and still are pumping billions of dollars into the development of electric vehicle technology. Everything from platforms and batteries to motors and the software to control it all requires untold hours of development, and that takes time and money. Fortunately, it's not going to take long for that massive investment to start paying off, at least according to Audi CEO Markus Duesmann, who told Reuters in an interview that "The point where we earn as much money with electric cars as with combustion engine cars is now, or ... next year, 2023. They are very even now, the prices." As a brand, Audi contributed more than a quarter of overall profit for the massive Volkswagen Group, which has such powerhouse brands as Volkswagen and Porsche among others. Under the Audi umbrella are Lamborghini, Bentley and Ducati, and it seems those high-end branches aren't going anywhere, at least for now. "These brands ... are very valuable very profitable brands, where we can even expand the synergy level in the future," Duesmann said in the interview. "There are no plans whatsoever to get rid of them." Despite the overall profitability of the brand, the ongoing global chip crisis is causing headaches. "We had a very strong first half in 2021. We do expect a much weaker second half," said Duesmann, who added, "We really have trouble." In fact, so serious is the trouble that the brand is forced into "a day-to-day troubleshooting process" to limit the chip-shortage damage. The good news for the automaker is that Audi has been able to boost its profit margin from 8% prior to the pandemic in 2019 to 10.7% in the first half of 2021. The bad news is that various chip shortages aren't expected to get a whole lot better over the rest of the year. Related video: