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Rare early Lamborghini Countach sells for record $1.2 million

Lamborghini may have made headlines with the highly exclusive, $4.5-million Veneno and the even more expensive Veneno Roadster that followed, but when it comes to classics sold at auction, their prices seldom approach the kind of figures attained by rare classics made by arch-rival Ferrari. Early 350 GTs and rare Miuras (like the SV prototype Gooding sold a few years ago for a record $1.7 million) have been known to breach the seven-figure mark, but now the Countach is making its way into the big leagues as well.
Pictured here is a rather exceptional early example sold by Bonhams in Connecticut last week. This 1975 Lamborghini Countach LP400 "Periscopica" - so dubbed for the unique rearview mirror fitted to the first 150 examples made - has just over 10,000 miles on the odometer. With flawlessly retouched Blu Tahiti (read: French racing blue) paint and an immaculate deep tan leather interior, the Periscopica was the subject of feverish bidding before selling for $1.2 million to a buyer present at the auction, beating out a dozen or so telephone bidders.
The record price for a Countach trumps the previous record, also set by Bonhams at the Quail Lodge last August, where another '75 Periscopica sold for $836,000. The rising prices surely reflect the coming of age for the Countach, now nearly 40 years since its introduction - particularly for the generation that grew up idolizing it as the prototypical supercar. Scope it out in the artful gallery of 76 high-resolution images above and the details of the auction below.

Lamborghini invades Miami with Aventador parade, high-speed runs at airport [w/video]

Lamborghini is only starting to throttle the engines on its 50th anniversary celebrations. The company lined up fifty of its Italian jobs for a cannonball run down the south runway at the Miami International Airport, the Aventador Roadster breaking 200 miles per hour, then ran them all through the streets of Miami to be properly introduced to one of their most ardent clienteles.
Contrary to the appearance of the image above, no airplanes had to wait to taxi behind the ground-based flyers. Not that any of them would have had to wait long, though, since the 700-horsepower Aventador Roadsters were exceeding the lift-off speeds of commercial airliners by at least 30 mph.
There's a press release and a video below, along with a gallery of high-res photos of the day's events. Enjoy.

The Lamborghini Urus finally starts production in April

It's been years since Lamborghini pulled back the cover on the Urus, the automaker's first SUV since the bold and boxy LM002. Since then we've gotten a few details on the twin-turbo V8 and the plug-in hybrid system, but no one outside of Lamborghini has had a chance to get behind the wheel. According to company CEO Stefano Domenicali, the wait won't be much longer as Lamborghini's newest model is slated to start production this spring. In an interview with Digital Trends, Domenicali stated that pre-production models will start rolling off the line in April. That means it will still be a few months before the first batch reaches customer hands. According to The Drive, Lamborghini has significantly expanded its facility in Sant'Agata, Italy, in order to meet production demands. Annual output for the Huracan and Aventador will be capped at 3,500 cars each. Look for similar output for the Urus. We know that the Urus will get a plug-in hybrid system, but don't look for a battery-powered Aventador anytime soon. The Urus will be the only model that gets the system. There are still a lot of unknowns when it comes to the Urus, so look for final numbers on power, performance, and price closer to final production. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. News Source: Digital Trends via The Drive Plants/Manufacturing Lamborghini Crossover Future Vehicles Hybrid Luxury Off-Road Vehicles Performance stefano domenicali