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Two dead in Lamborghini crash at Las Vegas exotic car experience center

According to the Las Vegas Sun, as well as several other local outlets, two men died in a Lamborghini crash on track at a facility called SpeedVegas. The car reportedly hit a concrete wall with a tire barrier and burst into flames. Tragically, the driver and the instructor were both killed instantly. We confirmed with the Occupational Safety and Health Administration (OSHA) that the organization is investigating the crash. The crash happened at SpeedVegas, a facility with a 1.5-mile closed track that offers visitors the opportunity to drive high-performance sports cars ranging from the Porsche Cayman GTS up to a Lamborghini Aventador. According to the website, drivers do not need any experience before taking the wheel, and only need to be 18 years old, have a valid driver's license, and wear closed-toe shoes. The facility provides helmets and insurance as part of the driving fee. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. SpeedVegas provided an official statement, seen above, on the crash at its Twitter page. It confirms that the crash occurred, and that the company will cooperate fully with the investigation. It also passes along sympathy to employees and family members connected to the victims. We have also reached out to the Las Vegas Metropolitan Police Department, and SpeedVegas directly for further comment on the incident, but have not received a reply at the time of publishing. We will update this post with additional information as it is available. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

VW makes $23K on every Porsche sold, more than Bentley or Lamborghini

It's a good time to be in the luxury car business. In Volkswagen Group's financial report for the 2013 fiscal year, it is revealed that that Porsche enjoyed an operating margin of 18 percent. That means the Stuttgart brand made on average about $23,200 per car sold, according to BusinessWeek. Bentley wasn't far behind, and Audi (which was combined with Lamborghini) posted a 10.1 percent margin. This compares to only around 2.9 percent for the Volkswagen brand.
"Luxury brands are on fire," said Dave Sullivan, an industry analyst at AutoPacific. He said that the average profit margin is between six and eight percent. Brands like Porsche and Bentley have the benefit of competing in rarefied markets. Buyers looking at one their vehicles have fewer models to shop against and don't care as much about price. They can also charge more for options, which further boosts income, according to BusinessWeek.
In a way, we should be more impressed by the continued success from Audi. Its models generally have direct competitors in every segment from the other premium automakers. Plus, their buyers aren't the captains of industry who are shopping for a Bentley. Still, the Four Rings is leading rivals in sales so far this year.

Lamborghini Super Trofeo one-make racing series coming to America

Starting in June, racing fans in North America will have another way to get their fix. Lamborghini is bringing its Super Trofeo series to the US and Canada in a "long-term" deal that kicks off in a six-race season this year and should bring some extra excitement to the newly formed United SportCar Racing series in coming years.
The inaugural Lamborghini Super Trofeo North America race will be held at Mid-Ohio on June 15 and 16 with most of the rounds running alongside Grand-Am, International Motor Sport Association and American Le Mans Series races; the season finale will be held at the Indy Car event at Fontana, California on October 18 and 19. More importantly, the winners of each round will compete in a world final at a race in Italy against winner from the Super Trofeo races in Europe and Asia.
All competitors will be piloting specially prepared Gallardo LP 570-4 racecars featuring 570-horsepower V10 engines and paired with all-wheel drive. Scroll down for the Lamborghini press release, which gives the full six-race schedule.