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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.

2018 Lamborghini Huracan Performante First Drive | The Banshee of Sant'Agata

Lamborghini didn't need to build the Huracan Performante. The folks in Sant'Agata could have just rolled out another special-edition Huracan - Superleggera, Tricolore, probably even Mostaccholi - and sold every one. Instead, they gave the junior Lamborghini a trick active aerodynamics system and updated everything enabled by new levels of downforce and more grip from the latest-generation of tires. And then just to prove it's not messing around, Lamborghini went out and set at new production-car Nurburgring Lap Record. The Huracan Performante is a statement. This is Lamborghini's way of saying that its future will not just be high-tech, but the kind that brings world-class performance. And it will be loud. Very loud. Sound is the most defining characteristic of this car. In the era of turbocharging, everything else is too quiet. Quiet is not a problem in the Performante. In track-ready Corsa mode (one of three settings), the exhaust drowns out everything, even your internal monologue. And it's not just loud, it sounds like an honest-to-god racecar. Making a V10 sound not just decent, but back-of-the-neck-hair thrilling, would have been enough. But as we've hinted, there's more to the Huracan Performante. So how did we get here? Lamborghini rolled out the Performante title to define all-encompassing performance. So the all-wheel-drive system stays, the engine gets tweaked, some weight goes out, and Aerodinamica Lamborghini Attiva (ALA, or Lamborghini Active Aerodynamics) comes in. Fun fact: Ala means "wing" in Italian. We've covered most of the details in earlier posts, but to quickly review: ALA uses internal flaps at the front splitter and on the rear wing to alter airflow, either running for maximum downforce or creating a stall effect that lowers drag. At the rear, the system channels air through the wing struts, and using each side independently aids the handling. The increased downforce, plus sticky new Pirelli P Zero Corsa tires, necessitated a retuning of the suspension. Through new springs and anti-roll bars, vertical stiffness is up 10 percent, and roll stiffness increases 15 points. The engine gets a new intake and exhaust, plus titanium intake valves that allow more lift. The improved breathing is good for 630 horsepower, 28 more than before, with 443 pound-feet of torque. And to tie it all together, the integrated chassis control system (Lamborghini calls it ANIMA) was recalibrated.

The Lamborghini Huracan Performante Spyder is a roofless mouthful of awesome

We were not expecting the Lamborghini Huracan Performante Spyder to be much different than its fixed-roof counterpart, and as the camouflage comes off this theory looks to be vindicated. That's good news all around, except for perhaps your hairdo. As a quick refresher, we saw much more covered-up spy shots a while back. It revealed that the Performante coupe's transparent engine cover would be replaced by an opaque one and a cowl to hide the roof when it's down. That's borne out here, and since the top's down in these new photos, you get a great look at the clean lines of the cowl. Like the coupe, it'll pack a 630 horsepower V10 and Lamborghini's incredible Aerodinamica Lamborghini Attiva system. That's Lambo-speak for active aero, and it's what let the coupe lap the 'Ring in under 7 minutes. The Spyder should be packing that system too, although it's likely to be heavier and slightly less slippery than its tin-top cousin. Related Video: Image Credit: SpiedBilde Spy Photos Lamborghini Convertible Performance

First US customer gets the keys to $1.9 million Lamborghini Centenario

Ferruccio Lamborghini's 100th birthday party has now reached the United States. The Lamborghini Centenario – the souped-up Aventador that celebrates Lamborghini's founder – was delivered to its first US customer in Newport Beach, CA, the company said Thursday. The $1.9 million supercar was unveiled in 2016 to mark the 100th birthday of the industry leader, and it's limited to a 40-car run that's split between coupes and convertibles. Naturally, Lambo says they're all sold out. The first US car is a black and blue hardtop. The company says this one was custom built with a glossy carbon-fiber exterior. Inside, is the same color scheme set to leather and Alcantara. Lambo says the rest of the Centenario's US customers will get their cars this year. In case you've forgotten, the supercar runs a naturally aspirated V12 with 759 horsepower capable of hitting 62 miles per hour in 2.8 seconds en route to a top clip of 217 mph. Lambo builds each one to the personal tastes of the customer through its Ad Personam program. "When Ferruccio Lamborghini began realizing his dream of creating the best supercars in the world, he wanted to reach a large audience through production, but he also wanted to keep the unique nature of limited-edition vehicles that clients are able to personalize to their own tastes and style," Automobili Lamborghini America COO Alessandro Farmeschi said in a statement. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Featured Gallery Lamborghini Centenario Design/Style Lamborghini Luxury Supercars lamborghini centenario

Lamborghini Urus will have a 650-horsepower twin-turbo V8

For years, we've known the Lamborghini Urus is coming. Concepts and spy shots give us a pretty good idea of what the replacement for the Rambo Lambo will look like. We also know that the Urus will be powered by a twin-turbo V8, with a plug-in hybrid variant coming sometime later in on. Thanks to Automotive News Europe, we now know that the new V8 will turn out an impressive 650 horsepower, more than Volkswagen Group brethren from Porsche and Bentley. In a recent interview, Lamborghini CEO Stefano Domenicali revealed the final horsepower rating. Torque is still unknown, but given the fact that this is a SUV with a turbocharged engine, look for a minimum of 600 lb-ft. The final output for the plug-in version is still up in the air. A full reveal is still a ways off, but production was set to start sometime last month. This should be the Italian automaker's volume seller, with base price possibly around $200,000, but that's not saying much when we're talking just a few thousand units a year. Lamborghini had its best year ever in 2016, so expect both more sales and longer waitlists when the Urus finally arrives. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

World's largest Lamborghini dealer is in Dubai, because of course it is

Dubai is a place where supercars are so common, even the police drive them. So it's not at all surprising that Lamborghini would open its largest dealership ever in the city. The dealer is three stories tall and has over 19,000 square feet. That's a lot of space for cars, and according to Lamborghini's CEO, Stefano Domenicali, that space is needed, and perhaps other dealers will need to expand. In the release announcing the dealership's opening, he says Lamborghini expects its overall sales to double when the Urus launches this year. This will require more sales and service space. The Dubai Lamborghini dealer isn't just sales and service, though. In the photos above, you can clearly see that a large portion of real estate is dedicated to selling merchandise. Among the trinkets on sale are shirts, hats, keychains, mugs, and model cars. So regardless of your net worth, this dealer has something for you. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Lamborghini Huracan Performante is getting a drop-top version

If you just released a specialized, lightweight track weapon with fancy active aerodynamics, what would you do next? If you said chop the car's top off, you must work for Lamborghini, because that's just what the company is doing to its Huracan Performante. Our spy photographer has caught roadster versions of the ultimate Huracan out during testing. The car looks pretty much as you would expect. The lower body work from the front bumper back is all effectively carry-over from the coupe. The rear wing looks to have the same shape and functionality, too. Where things really change is with the engine cover. Like the normal Huracan roadster, the Performante loses the glass engine cover in favor of an opaque cover and a hard tonneau for the top. The engine cover features larger vents at the base of the wing's pedestals, and they appear to have large scoops at the other end. In addition to the new engine cover, this Performante roadster has different wheels which seem to be taken from the standard model. However, these will likely be swapped for the coupe's mesh-style wheels. A close examination shows that the wheels are shod in Pirelli P Zero Corsas that are probably the same compound as the standard tires for the Performante coupe. While this won't be the first time Lamborghini has built a roadster out of its high-performance entry-level sports car, the decision to turn the new Performante into one seems a little strange considering the effort to lighten it and endow it with magical aero. Even more so when the result is a car that Lamborghini claims laps the Nurburgring faster than the bonkers Porsche 918 Spyder. It feels like a step backwards to add a retractable top that probably weighs more and messes with the aerodynamics. But then, Lamborghinis are known mostly for being flashy and fast, and this Performante convertible will fill both criteria with ease. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Italian cops get a Lamborghini to haul some precious cargo

Three years ago, we told you about Lamborghini's gift to law and order: a Huracan LP 610-4 that was donated to the Italian State Police. That car went into service near Rome in 2015, replacing a Gallardo they'd been using previously. Now, a second Huracan has just been delivered for service in the region around Bologna. Law enforcement may be done a bit differently in the country that convicted, acquitted, re-convicted and re-acquitted Amanda Knox. But why would a police agency need a $200,000, 610-horsepower supercar? Firstly, no one in their right mind turns down a free Lamborghini. Second, it's a display of national pride, decked out, to quote the press release, in "the official colors of the Italian Police (Police Medium Blue), with the white areas and lettering specially executed to match the Huracan's dynamic look. The livery is completed by a stripe divided into the three colors of the Italian flag, which runs along both sides of the vehicle. As is true for all Lamborghini cars, the Huracan Polizia is equipped with P Zero Pirelli tires, but their sidewalls are tinted in Police Medium Blue and were specially created for the occasion." And third, they actually did dream up a role that suits its capabilities. In addition to the usual cop-car complement of police radio, tablet computer, gun holster, fire extinguisher and hand-held sign for directing traffic, the Lambo has been designated for medical responses and, like many police cars in the States, carries a defibrillator for medical emergencies. More to the point, its front trunk is equipped with a special refrigeration system for transporting human organs for transplant. The authorities describe two cases in 2016 in which a series of transplants had donor organs busily crisscrossing the Lombardy and Tuscany regions to various recipients – a situation in which speed is of the essence. Between organ transplants, presumably the car's primary duty will be to look good, serving as an ambassador of goodwill for both the Polizia as well as Lamborghini. Related Video:

Lamborghini: We did not cheat on Nurburgring record

"Why would we [cheat]? We have all the data, all the GPS data. It's verified. It's already verified." – Lamborghini CEO Stefano Domenicali Lamborghini is doubling-down on the legitimacy of the Huracan Performante's production-car record at the Nurburgring. The Italian supercar maker should have been on a high when it launched its Huracan Performante at the Geneva Motor Show, but it was instead forced to defend the 6:52.01 lap time on the Nurburgring's Nordschleife circuit in the wake of criticism. Skeptics suggested the footage had been sped up from a rate of 24 frames per second to 25, arguing the 'authentic' lap time would have been closer to 7:08. James Glickenhaus, the owner of ultra-low volume supercar maker Scuderia Cameron Glickenhaus, even called for the circuit to hold a special day to verify production car lap times. View 12 Photos "Why would we [cheat]?" Lamborghini CEO Stefano Domenicali asked incredulously. "We have all the data, all the GPS data. It's verified. It's already verified. "The simulation we did before we did the lap was already better than the previous time [set by Porsche's hybrid supercar, the 918 Spyder]. "What we saw was the great potential of active aerodynamics. The Nurburgring is a lot of partial throttle and long corners. The SV [Aventador] was for sure faster on the straight, but the lap [by the Performante] was all recorded." A Lamborghini spokesman suggested the entire controversy was rooted in "one blogger's business model [of] paying for clicks." Audi Sport development head, Stephan Reil, also weighed in during last week's Audi RS3 launch, insisting Lamborghini would have had no reason to cheat at anything and that its active aerodynamics would have more than made up for any power shortfalls. Audi is a sister brand of Lamborghini under the ownership of Volkswagen Group. "We also know that architecture well [the Huracan shares its architecture with Reil's R8]. We know what it's capable of," Reil said. "The Performante 'Ring time is absolutely credible. Active aero makes a huge difference. "We did a TT production racer for the 'Ring with about 380 horsepower and gave it maximum wing. It was so slow down the straight that everybody passed it, but the overall lap time was very, very fast. Much faster than without the aero downforce.

Lamborghini Huracan Performante's active aero is the secret to its speed

The most revolutionary real technology at this year's Geneva Motor Show didn't look like it on the show stand. If you squint at the Lamborghini Huracan Performante, it merely looks like a Huracan with a big wing. Up close, you can see the fractal texture of the forged-composite aerodynamic add-ons, but that still doesn't tell you why this car is so special. Lamborghini calls it Aerodinamica Lamborghini Attiva (ALA), or active aerodynamics. This is one of the biggest keys to the Performante's claimed production-car record lap time at the Nurburgring Nordschleife of 6 minutes, 52.01 seconds. The Huracan Performante's number is not without controversy, but I personally care very little about the obsessive phallic-measuring contests that are 'Ring lap times. What's fascinating about the Performante is that, if the lap time is even close to legitimate, it shows that ALA is a major step forward in automotive performance. More than just lap times, the Huracan Performante is an example of why Lamborghini remains special in a world of democratized performance. We sat down to discuss this with Lamborghini's Research and Development Director, Maurizio Reggiani. And one last note on the lap time: Reggiani says with the same temperature and exclusive access to a dry track, "that in this average of speed we can repeat, repeat, repeat, repeat." In previous conversations, Reggiani said that the key difference in performance would come not from horsepower, but weight reduction. For Lamborghini, that means plenty of carbon fiber. But the newest Huracan is not a Superleggera, the old title for the hardcore variant. "Superleggera is too much an objective, a description. Performante is really the DNA of the car. In Italian, Performante means really the best performance," he said. Reggiani continues, "Nothing happened by chance. It's really a building-block approach where you say this can give this contribution, this can give that. Where can you improve something and what is needed to improve something?" That brought them to the active aerodynamics solution, which channels air to stall the front or rear aero elements of the car to change the downforce and drag. Reggiani says, "This can be achieved only with a system that is really light, [has] fast responsiveness. Based on this ...