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Volkswagen decides to keep Lamborghini and Ducati, transfers Bentley to Audi
Tue, Dec 15 2020Investors in the market for a high-end Italian manufacturer that peddles performance will need to keep looking. Volkswagen announced it will hang on to Lamborghini and Ducati in the foreseeable future. Executives in Wolfsburg, Germany, are making far-reaching changes to the Volkswagen Group to reboot it with a big focus on technology. Credible rumors claimed that the people in charge of the carmaker wanted to carve out Lamborghini — which owns Ducati — and ultimately list it, or at least a chunk of it, on the stock market in order to fast-track the group's electrification strategy. Going electric is expensive, so selling Lamborghini would have helped fund the expansion, and high-octane supercars don't easily go hand-in-hand with zero-emissions cars. "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," summed up Herbert Diess, the group's boss, during a September 2020 meeting. His team ultimately decided not to fully divest both brands. It's too early to tell whether part of Lamborghini will be listed on the stock market, as some insiders have suggested, or if those plans are off the table, too. Changes are coming to Bentley as well. While it's not being spun off either, it will fall under the Audi umbrella starting on March 1, 2021. Volkswagen explained linking the two companies will "allow for synergies to be achieved as part of the electrification strategy of the two premium brands," a statement which suggests they will share a growing number of components during the 2020s. Unverified rumors claim that Bentley will notably get its own version of an ultra-luxurious electric SUV code-named Landjet that Audi is currently developing. We've reached out to Bentley for more details, and we'll update this story if we learn more. Bugatti's future wasn't mentioned in the release; unconfirmed reports suggest it will be traded for a stake in Croatian start-up Rimac. Volkswagen's supervisory board also reaffirmed its support for Diess, who was appointed CEO in 2018 and who has played a significant role in the company's transformation. Finally, the board approved the development of what a statement refers to a future leading electric vehicle sold by the Volkswagen brand that will be developed and manufactured in Wolfsburg.
Actor Eric Bana returning to Bathurst 12 enduro race
Thu, 23 Jan 2014Eric Bana joins the field of the 2014 Liqui-Moly Bathurst 12-Hour race next month, driving for the Australian FXD Workwear team. Bana's done the race twice before, coming in tenth overall in 2009 in his Love the Beast Mitsubishi Lancer RS Evo X, posting a DNF in the same car in 2010.
This year he'll be in Class B behind the wheel of a Lamborghini Gallardo GT3 prepared by Racing Incident, joined by teammates Peter Hill and Simon Middleton. The race happens during the weekend of February 7-9, you can find a press release with the announcement below. You'll want to take the time to get to know it this year, because it's been widely reported that Eric Bana will return next year to share a Porsche 911 GT3 with Mark Webber.
Lamborghini Aventador SVJ teased at Nurburgring
Tue, Jul 24 2018We've been seeing prototypes and hearing reports about a hopped-up version of the Lamborghini Aventador, but only now have we seen something official from the company. It's officially called the Lamborghini Aventador SVJ, and the company teased it in the above trailer of the car at the Nurburgring. It gives us our best look yet, and some tidbits about what we'll hear next about the car. Let's first address the looks. The front fascia has been revised with a much deeper chin and a big wing splitting the main air intakes in the front. The side skirts are wider with end caps at the forward sections behind the front wheels. Those wheels have motorsport-style single center nuts. In one of the trailer's clips, we can see they're wrapped in Pirelli P Zero Trofeo R tires. It also has the outrageous rear wing we've seen in spy shots, and the exhaust also sits high up like on the Huracan Performante. Finally, while not necessarily part of the looks, we get a look at the instrument cluster that reveals this Aventador has a redline of roughly 9,000 rpm. The other part of the trailer to address is the location. The whole trailer takes place at the Nurburgring, and there's usually only one reason to make a big deal about that: lap times. Lamborghini already proved it can make some wickedly fast track cars with the Huracan Performante, a car that laps the infamous track faster than any other Lamborghini (so far) and faster than even the Porsche 918 Spyder. We expect the Performante's left-right split active aerodynamic system will appear on this car. Add to it much more power from the V12, and we have a potential 'Ring monster. Rumors even suggest the Aventador SVJ will have a lap time of around 6 minutes, 45 seconds, faster than the 911 GT2 RS. The SVJ will probably be much lighter than other Aventadors, too. The Twitter post that features the trailer says something slightly ambiguous about having "the best weight to power ratio." We assume that means the best of any Lamborghini. Since this is a teaser, we're expecting to see a more full-fledged video in the near future, hopefully with at least lap time, if no other specifications. Also, the fact that Lamborghini is showing this much of the car now is a sign that a full reveal can't be far away. The Paris Auto Show would be a natural location since it's early this fall. Stay tuned for more in the near future. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences.
