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Party sponsored by Lamborghini tried to airlift yacht into Austin lake for F1 race

This was the kind of understatement we didn't expect to encounter in the Lone Star State: on our way into Austin to attend the Grand Prix of the Americas, the man sitting next to us on the plane - an Austinite born and raised - said, "There's gonna be a lot of wealthy people here." You know, as if Texas didn't have its fair share already.
Wealthy people need wealthy things to do and not-as-wealthy people to arrange such things for them. Case in point is My Yacht Club, which follows the Formula 1 parade and other rah-rah events around the globe, hosting guests and parties on yachts. In Austin the event group has had to change its schtick; there's no way to navigate one 150-foot motor yacht into Austin's Lady Bird Lake. MYC principal Nicholas Frankl told KUT News, "We spoke to the Army Air Corps. They couldn't lift it." We believe he meant the Army Corps of Engineers, but no matter, they couldn't lift it either.
So MYC has switched to a land-lubbers venue, The Long Center where Ballet Austin, the opera and the symphony perform. In case you readers are worried about how guests will manage without chiseled Italian deckhands in epaulets, not only has Frankl promised that "the elements of decadence and luxury and coolness and exclusivity are all there," guests will get to guzzle 24-karat gold-infused champagne. Because the stars at night just aren't as big and bright without it, obviously.

Reiter Extenso R-EX shows Gallardo's still got it

Lamborghini is moving on from the Gallardo to the new Huracan, and with it, is taking its racing program in house. But the Bolognese marque's longtime racing partner Reiter Engineering has a thing or two to say about that, and is showing what it can still do with an old platform by introducing the new Gallardo Extenso R-EX. Designed to comply with GT3 regulations, you can tell just from looking at it that Reiter's new competition-spec Lambo is meaner and more aggressive than any version it's done before. Reiter widened the rear track by five inches to make it over 80 inches broad (the widest allowed under FIA GT3 regulations), cloaked it in carbon-fiber bodywork (to make it look more like the Murcielago R-SV the company built for GT1), fitted new camshafts (for a fatter torque curve) and Mahle pistons (for improved efficiency and reliability), and retuned the exhaust to give the fans something to cheer for. The result is an even more extreme take on the Gallardo than anything we've seen to date, and promises to give even the upcoming Huracan GT3 a run for its money in series like the Pirelli World Challenge, Blancpain GT Series and SRO GT Sports Club. Privateer racing teams will be able to get their hands on one for ˆ248,000 (a little over $300k) with the full confidence that Reiter's experience has to offer: To date the company has built over 100 racing cars that have gone on to win over 200 races and score some 400 podiums. The Bavarian company further claims that every one of those built since 2012 is still on its original engine. THE NEW REITER GALLARDO EXTENSO R-EX Wider, lighter, more powerful – the new REITER Gallardo EXTENSO Reiter Engineering develops a far-reaching evolution of the proven GT3 car as Lamborghini's official Gallardo GT3 partner and plans to enter the new racecar in the Blancpain GT Series, the US Pirelli World Challenge and the SRO GT Sports Club. The name reflects the aim: the Reiter Gallardo FL2 GT3 receives a far-reaching and comprehensive facelift, 'Extenso', just like the Spaniards would say. The innovations do not only include looks and sound, but also handling and engine: The rear of the Reiter Gallardo EXTENSO is significantly wider. The rear aluminium side panels are replaced by new carbon fibre rear quarter panels. At the same time, the rear axle track width is increased by a whopping 13 cm using new wishbones. As a result, the maximum...

Lamborghini officially reveals new Veneno Roadster

Sexy or vulgar - whatever you thought of the Veneno which Lamborghini unveiled at the Geneva Motor Show this past March, it didn't much matter. Because by the time we saw it, all three examples were already bought and paid for... at the equivalent of $3.9 million each. But if you had that much cash burning a hole in your pocket and lamented missing out on the opportunity to put one in your driveway, we've got good news, because Lamborghini has just confirmed another nine examples to be built. Only this time, it's got no roof.
Now officially confirmed after leaking out the other day, the Lamborghini Veneno Roadster features the same radical styling, extreme competition-derived aerodynamics, carbon-intensive construction and twelve-cylinder powertrain as the coupe that proceeded it and which we enjoyed photographing for your viewing pleasure just last month. The principal difference, of course, is the open-air cockpit, which offers no protection from the elements whatsoever: no fabric umbrella contraption, no removable glass or metal panel, nothing to get between your dome and the air rushing by at 220 miles per hour. That's the same top speed as the coupe, while the 0-62 run takes just a fraction of a second longer at 2.9 seconds. But we doubt you'd notice the difference with that 6.5-liter V12 revving just behind your ears.
It's the same engine and seven-speed ISR gearbox that powers the Aventador, only tuned up to 750 horsepower for the Veneno. And it should have more power, because at 3.3 million euros (about $4.5 million, give or take a Gallardo), the Veneno Roadster isn't just $600,000 more expensive than the Veneno coupe, it's also more than ten times the price of an Aventador. Still with us? You can scope out all the details in the press release below and browse through the photos in the gallery above for a closer look.