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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.

Mansory loads up the Lamborghini Huracan with more power, carbon fiber

Mansory drenched the Lamborghini Huracan in carbon fiber and cranked the engine to more than 1,000 hp. The result? Something called the Torofeo, which was revealed at the Geneva Motor Show. The name refers to toro, which is Spanish for bull, and the Super Trofeo Motorsports line. Mansory added new air intakes up front to improve cooling, widened the body, made the wheel arches more prominent and gave the supercar new mirrors. There's also a new rear spoiler and diffuser that enhance air flow. The tuner says the carbon-fiber pieces are even lighter than Lamborghini's stock parts. There are also enhanced daytime running lights as a passive safety feature. Under the hood, the 5.2-liter V10 gets two turbochargers and is rebuilt with new pistons, camshafts, connecting rods, a new fuel system and a water-cooled intercooler. There's also an upgraded exhaust system. The enhancements lift the Huracan to a claimed-1,000 hp, up considerably from the usual 600-plus hp. The cabin is upgraded with more leather, Alcantara-covered seats and a new steering wheel. It all rolls on forged alloy wheels that measure 20 inches in front and 21 in the rear. Sound good? Mansory also brought plenty of other cars, including a slightly less powerful Lamborghini, to Geneva, as well. Related Video: MANSORY TOROFEO –Lamborghini Huracan in an exclusive MANSORY-carbon fibre suit. March 2015 A radical, new interpretation of the Lamborghini Huracan is the latest development from the premium manufacturer MANSORY. Referring back to the Spanish "Toro" meaning bull and the Super Trofeo Motorsports Range, MANSORY have christened the sports car TOROFEO. Radical changes have been made to the body, engine and interior, making the "little" Lambo a real MANSORY car. And as you would expect from MANSORY, they didn't hold back in their use of carbon fibre. Where Lamborghini thought they had maximised the use of carbon fibre, MANSORY have added an extra touch based on their core competency. No other company in the market is as closely linked to the use of carbon fibre as MANSORY. These specialists manufacture and process this ultra-light, extremely strong material taken from the world of motorsport in their own in-house autoclaves, which means they don't have to rely on suppliers. This gives them complete freedom in the scope, fit and design of components. The best proof of this can be seen in the completely newly designed carbon fibre body.

$1.3B worth of classic cars were auctioned in 2014

The collector auto market in the US just continues to expand with the values of vehicles seemingly only growing in the past years, especially if they have a prancing horse on the hood. This year was no different. According to data compiled by classic car insurance agency Hagerty, there were about $1.3 billion worth of vintage rides auctioned in North America in 2014, up just slightly from $1.2 billion crossing the block in 2013. If you want an idea of just how big a role the Monterey Car Week plays in the North American collector hobby, Hagerty's stats illustrate it perfectly. The company recorded $430 million in auction sales during the week – about a third of the entire market for the year. The event also hosted the biggest seller of 2014 when the hammer fell on a 1962 Ferrari 250 GTO (pictured above) for $38.115 million at Bonhams. In fact, vintage Ferraris in general were among the top buys in the classic auto world in 2014. Eight of the ten most expensive vehicles sold at auction were Prancing Horses (the other two were Ford GT40s). Also, the insurance company's price index for these Italian stallions showed a 43-percent gain in value for the year. The market for another Italian supercar is exploding, as well. The Lamborghini Countach showed a staggering 175-percent growth in auction value in 2014. According to Hagerty, the average price when they crossed the block was $736,599. Judging by Hagerty's numbers, there were still some places to look for those hoping to spend a bit less money. The Aston Martin Lagonda showed a strong gain in value with a 32-percent increase in auction price, but they still averaged $47,078. In addition, the company's index for '50s American cars showed only one-percent growth for these classics. These huge leaps in collector car value might be winding down, according to Hagerty. It predicts growth in the market to slow to an estimated five percent gain in 2015. Maybe a few of these classics might actually become a bit more affordable to fans without such deep pockets sometime in the future. Featured Gallery Bonhams Maranello Rosso Collection: Monterey 2014 View 21 Photos News Source: HagertyImage Credit: Copyright 2014 Drew Phillips / AOL Aston Martin Ferrari Lamborghini Auctions Car Buying Performance Classics aston martin lagonda ferrari 250 gto Lamborghini Countach collector cars 1962 ferrari 250 gto auto auction