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Super-rare Lamborghini Miura SV Jota promises to break records

The prototypical mid-engined exotic, the Lamborghini Miura is fast becoming a collectors' favorite. While they were trading hands at around a quarter of a million dollars less than a decade ago, prices have been skyrocketing, with the last few examples to go up for auction trading at over a million. But this particular example is expected to fetch well over $2 million when it crosses the block later this month. That's because this is no ordinary Miura – it's an SV Jota, one of only five or so originally made by the factory in Sant'Agata Bolognese. A pet project of the company's Kiwi test driver Bob Wallace, the Jota project was meant to explore what would happen if Lamborghini went racing. Old man Ferruccio wasn't interested though, and the original Jota prototype was destroyed. Word soon got out, however, of the Jota's modifications, and a handful of customers sent their Miuras back to the factory to be upgraded to Jota specification. With so few Miuras built to Jota specification, it's rare to see one trade hands. The last one we saw actually sell at auction went for $1.15 million in October 2010, but this particular example is estimated to rake in between $2 million and $2.6 million at RM's upcoming auction in Arizona on January 15-16. In fact, the last time this particular one crossed the block, it failed to sell despite a high bid of $2 million. Chassis number 4892 was initially ordered new from the factory as a Miura SV in 1971 by a customer in Rome in white with a blue interior. Within the following three years, it returned to the factory for Jota upgrades, and was then sold to a customer in Japan where it resided until moving to the US in 2007, taking top honors at the William K. Vanderbilt Jr. Concours d'Elegance in Rhode Island. Despite its excellent condition, it underwent a comprehensive two-year restoration, and its authenticity has been certified by numerous experts, including by the late Bob Wallace himself. If it sells this time around, data from Sports Car Market tells us it will smash the record for Miuras and challenge even the $2.5 million paid for a Reventon in 2009 and the $2.16 million paid for Bertone's one-of-a-kind Lamborghini Marzal concept in 2011 to take its place among the most expensive Lamborghinis ever sold. Featured Gallery 1971 Lamborghini Miura SV Jota #4892 View 31 Photos News Source: RM Auctions, Sports Car MarketImage Credit: Sean Smith/RM Lamborghini Auctions Supercars Classics rm lamborghini miura

Urus could be Lamborghini's first turbo

Ferrari has used turbochargers off and on over the years. Porsche has long embraced them. McLaren uses them exclusively these days. As do Pagani and Bugatti. Lamborghini never has, but that could all change in the near future.
According to Auto Express (whose reports we usually take with a grain or two of sodium chloride) in speaking with Sant'Agata's R&D chief Maurizio Reggiani, Lamborghini could be forced to start using turbocharged engines in the next three to four years. And their first application in the Raging Bull marque's history could be on the upcoming production version of the Urus concept.
The Urus, for those who may not recall, was a crossover concept unveiled at the Beijing Motor Show two years ago and which we saw in a closed-door preview just before that during the New York Auto Show. Taking a sportier approach than the unapologetically utilitarian LM002 (popularly known as the "Rambo Lambo"), the Urus followed the Estoque sedan concept in testing the waters for a different kind of Lamborghini - one to which potential buyers apparently responded positively, as the Italian automaker has been working on bringing it to production ever since.

Take a closer look at Lamborghini's outrageous Veneno [w/video]

We couldn't pass up the chance to take a closer look at the outrageous Lamborghini Veneno. The ultra-limited-production 50th anniversary model looks downright lethal sitting under the lights of the Geneva Motor Show. Regardless of the 750-horsepower V12 lurking at the machine's core, the preponderance of vents, wings, splitters and fins means the hypercar can't help but look like it'll cut you for the fun of it. While most high-performance exotics are as much about what you can't see as what you can, the Veneno gets the ludicrous-loving 12-year-old kid inside of us cackling with joy.
We just can't decide whether this $3.4-million-dollar one-of-three hypercar is the hero or villain of our adolescent daydreams. Maybe both. Click through the detailed gallery for your best look yet at the latest bit of insanity from Lamborghini, and check out its official introduction video below.