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Rare U.S.-spec 1990 Lamborghini LM002 fetches $467,000 at auction

Fri, Dec 8 2017

A rare "Rambo Lambo," an American-spec 1990 LM002 that was Lamborghini's first SUV and arguably the first high-performance sport utility, has sold at auction in New York for $467,000. RM Sotheby's says the luxury ute, which has 19,153 miles on the odometer, underwent a comprehensive five-year mechanical and cosmetic restoration and was originally priced at $158,000 when it arrived in the U.S. through a Florida port of entry. The auction sale price is more than twice the cost of the new Urus, the sleek new crossover that Lamborghini unveiled earlier this week. The LM002 traces its lineage to the Cheetah, a rear-engine-mounted 4x4 that Lamborghini made with an American defense contractor for the U.S. Army, which did not reward the automaker with a contract. It was Lamborghini's first production SUV, based on the Cheetah's basic engineering, and it added luxurious wood and leather to the interior, a spacious cargo area and the 5.2-liter Countach V12 engine that took it from 0-60 in 7.7 seconds. Only 301 examples were ever made between 1986 and 1993, with just 48 of them built to the LM/American specs and delivered to the U.S. Sotheby's notes that the exotic car market of the early '90s "was in full flourish thanks to a new generation of millionaires and billionaires seeking the ever-greater 'toy' — and nothing was bigger or better than the LM002." It boasts a massive 76-gallon fuel tank, and the model that just sold was equipped with specially designed Pirelli Scorpion run-flat tires. Jay Leno took an LM002 of the same model year for a spin two years ago on an episode of "Jay Leno's Garage." The restoration effort was valued at $325,000 and covered the Countach engine, new exhaust and a full, new interior, adding an Alpine stereo head unit and integrated Bluetooth to bring things up to modern speed. It also features the rare rear cargo toolbox, tonneau cover, and correct LM/American floor mats and chrome bumpers. The owner also got correct tools, keys, books, jack, full receipts and photographic documentation of the restoration process, plus two OEM ECU computer units.Related Video:

Teen who stole Guy Fieri's Lamborghini gets life in prison [w/video]

Mon, 27 Jan 2014

If you're currently on a crime spree, we'd recommend against stealing the Lamborghini of a popular, bleached-blonde chef, lest you end up getting sentenced to life in prison. That's not to say 19-year-old Max Wade's life sentence was simply due to pilfering Guy Fieri's Lambo - an attempted murder charge for a drive-by shooting, among other crimes, also played a role - but we doubt it did much for his case.
You'll recall we last reported on Fieri's missing Gallardo Spyder in April of 2012, when it was reported that the Marin County Sheriff's Department and Mill Valley Police Department recovered the car from a storage container, that also housed the motorcycle Wade, then 17, used in the drive-by. Wade originally stole the V10-powered droptop from a San Francisco dealership in 2011, reportedly by rappelling onto the dealership's roof.
Wade was charged as an adult for his crimes, despite being a minor when they were committed, and could be eligible for parole at an unspecified date. That said, he's also facing a separate sentence of over 21 years, according to Boston.com. Scroll down for the news report from KPIX-5, the Bay Area's CBS affiliate.

Italian cops get a Lamborghini to haul some precious cargo

Fri, Mar 31 2017

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: