Lamborghini Gallardo on 2040-cars

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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.

Reiter Extenso R-EX shows Gallardo's still got it

Lamborghini is moving on from the Gallardo to the new Huracan, and with it, is taking its racing program in house. But the Bolognese marque's longtime racing partner Reiter Engineering has a thing or two to say about that, and is showing what it can still do with an old platform by introducing the new Gallardo Extenso R-EX. Designed to comply with GT3 regulations, you can tell just from looking at it that Reiter's new competition-spec Lambo is meaner and more aggressive than any version it's done before. Reiter widened the rear track by five inches to make it over 80 inches broad (the widest allowed under FIA GT3 regulations), cloaked it in carbon-fiber bodywork (to make it look more like the Murcielago R-SV the company built for GT1), fitted new camshafts (for a fatter torque curve) and Mahle pistons (for improved efficiency and reliability), and retuned the exhaust to give the fans something to cheer for. The result is an even more extreme take on the Gallardo than anything we've seen to date, and promises to give even the upcoming Huracan GT3 a run for its money in series like the Pirelli World Challenge, Blancpain GT Series and SRO GT Sports Club. Privateer racing teams will be able to get their hands on one for ˆ248,000 (a little over $300k) with the full confidence that Reiter's experience has to offer: To date the company has built over 100 racing cars that have gone on to win over 200 races and score some 400 podiums. The Bavarian company further claims that every one of those built since 2012 is still on its original engine. THE NEW REITER GALLARDO EXTENSO R-EX Wider, lighter, more powerful – the new REITER Gallardo EXTENSO Reiter Engineering develops a far-reaching evolution of the proven GT3 car as Lamborghini's official Gallardo GT3 partner and plans to enter the new racecar in the Blancpain GT Series, the US Pirelli World Challenge and the SRO GT Sports Club. The name reflects the aim: the Reiter Gallardo FL2 GT3 receives a far-reaching and comprehensive facelift, 'Extenso', just like the Spaniards would say. The innovations do not only include looks and sound, but also handling and engine: The rear of the Reiter Gallardo EXTENSO is significantly wider. The rear aluminium side panels are replaced by new carbon fibre rear quarter panels. At the same time, the rear axle track width is increased by a whopping 13 cm using new wishbones. As a result, the maximum...

Valet Crashes Lamborghini Outside Of Hotel

Security cameras were rolling as a valet at a swanky hotel in India crashed a Lamborghini Gallardo while trying to pull forward into a crowded driveway. In the video, the $187,000 supercar lurches forward and hits several cars and a hotel worker before careening into a wall. The hotel worker was taken to the hospital for minor injuries and released the same day, according to The Telegraph. Police are investigating the crash to determine if the hotel or the valet owes the car's owner damages. This seems like an egregious error in judgement, but valets are people too and they make mistakes. Earlier this year, a valet forgot to put the parking brake on a vehicle, which allowed it to roll into the ocean. Another valet accidentally allowed an SUV to roll down a ramp and into a wall in a parking garage. Related Gallery These Pricey Rides Are Among The Best Of The Best Weird Car News Lamborghini Safety valet