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Submit your questions for Autoblog Podcast #323 LIVE!

We're set to record Autoblog Podcast #323 tonight, and you can drop us your questions and comments regarding the rest of the week's news via our Q&A module below. Subscribe to the Autoblog Podcast in iTunes if you haven't already done so, and if you want to take it all in live, tune in to our UStream (audio only) channel at 10:00 PM Eastern tonight.
Discussion Topics for Autoblog Podcast Episode #323
Lamborghini Veneno

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 Countach LPI 800-4 revealed, basically a retro Sian

Update: We've added some additional information from an interview with Lamborghini's Chief Technology Officer. Yes, the Lamborghini Countach really has returned, though only for a seriously limited run. Not only that, it's more of a retro Sian than its own unique model. But that also means it packs Lamborghini's most technologically advanced powertrain yet. According to Lamborghini's Chief Technology Officer Maurizio Reggiani, the car is meant as more of a "celebration" or tribute to the car that set the pattern for future Lamborghinis, rather than a revival or reintroduction of the model. Lamborghini really leaned into the retro cues on this new Countach, too. It's mainly based on the original prototype and production models. The prototype design cues come in with the louvred vents behind the side windows, the horizontal slit of a front grille and the way the rear window and engine cover blend together. Then there's a dash of the early production models with the enormous interpretation of the side NACA ducts. The wheels have a nod to later Countach models with circular openings between the spokes like past phone-dial wheels. And the rectangular headlights and trapezoidal wheel arches are just universal Countach touchstones. The car also features quad exhaust tips, which is unique among Aventador-derived Lamborghinis. The interior on the other hand is pretty much modern Lamborghini, though the seats get similar stitching to older models. Powering the Countach is the Sian's mild-hybrid 6.5-liter V12. It makes 803 horsepower in total, with most of it coming from the engine. In fact, 769 of those ponies come from the V12, while 34 come from the 48-volt electric motor. It gets its electrons from a lightweight and fast charging and discharging supercapacitor, though. The engine winds up to 8,700 rpm, and it's in the same longitudinal layout as Lamborghinis stretching back to, well, the original Countach. It's connected to a seven-speed automated manual transmission and powers all four wheels. Apparently, the powertrain was retuned for smoother shifting. But the company didn't sacrifice any performance, as Lamborghini claims a 0-62 mph time of 2.8 seconds and a top speed of 221 mph. It also features pushrod suspension with magnetorheological adjustable shocks, and carbon ceramic brakes with six-piston front calipers and four-piston rear calipers. Only 112 Countachs will be built. The number comes from the protoype's designation LP 112.