Lp1000 Twin Turbo Imsa Wide Body Ceramic Brakes Hre Wheels $350k+ Spent on 2040-cars

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If VW defaults on loans it may sell Bentley or Lamborghini

If something goes catastrophically wrong with Volkswagen Group's recent $21 billion loan, brands like Bentley or Lamborghini could hit the auction block. According to two insiders to Reuters, the beleaguered German automaker agrees with its creditors to sell assets if the company somehow can't pay back the debt in a year. One of these anonymous people claimed the company hasn't yet deliberated over what to sell. However, the sources were willing to speculate that the power engineering portion of Man could be among the first to go. "Volkswagen may also consider divesting luxury car brands Bentley and Lamborghini or motor bike brand Ducati, although these units don't really move the needle," an insider said to Reuters. VW Group negotiated with the banks earlier this week to get the massive loan. The cash is necessary as a buffer in case the automaker doesn't have enough money on hand to repair vehicles or settle upcoming fines. VW would reportedly issue bonds in the spring to begin paying the debt. The company's bills will start racking up quickly in the new year. German authorities mandate a recall there in early 2016, and repair campaigns in the US for the 2.0- and 3.0-liter diesel engines are inevitable. There are also hundreds of class-action lawsuits to settle. The company needs to resolve its CO2 emissions scandal in Europe, too. In response to these financial threats, VW management created a cost-cutting plan to slash the research and development budget by $1.1 billion next year.

Lamborghini Accademia heading to Laguna Seca

If you want to learn how to get the most out of your Lambo, who better to teach you than Lamborghini itself. That's why the Bolognese automaker has launched the Lamborghini Accademia. Developed by the factory's Squadra Corse competition department, the Lamborghini Accademia is set up to show customers how to handle their supercars on a closed track and with the expert tutelage of factory instructors.
The trouble for American customers, though, is that the Accademia has (this year, at least) only held sessions at European tracks like Imola in Italy and Hockenheim in Germany. Not that the cost of a transatlantic flight would deter someone splurging six figures on a supercar, mind you, but we're glad to report now that the program is coming to North America for the first time.
Between September 14 and 17, the Lamborghini Accademia will be setting up shop at California's legendary Mazda Raceway Laguna Seca. That's where instructors will run groups of 24 students through the finer points of slalom, acceleration, braking, drifting and section-by-section learning of the famous track, from the Andretti Hairpin to the famous Corkscrew... all from behind the wheel of the new Huracán LP 610-4. Not a bad place to experience the Raging Bull marque's latest creation, or a bad car in which to experience one of America's finest racing circuits.

The Lamborghini Huracan Performante lapped the Nurburgring in under 7 minutes

Lamborghini just released new footage of its Huracan Performante at the Nurburgring, and along with it some big news. The car managed to lap the 'Ring in a stunningly quick time of 6:52. That time puts it ahead of the Porsche 918 Spyder's record of 6:57 by a massive 5 seconds. It's also just 4 seconds shy of the Radical SR8LM, which barely qualifies as a street-legal car. Though the Huracan Performante isn't the first Lamborghini to crack the seven-minute mark at the Nurburgring, it's done it by the largest margin. The Aventador LP750-4 SV was the first Lambo under 7 minutes with a time of 6:59.73. Lamborghini hasn't released specifications for this new Huracan, but it reportedly produces 630 horsepower from a V10 engine, which is substantially less than its slower 740-horsepower Aventador SV sibling. Odds are it was helped on the track by lighter weight, and the reported active aerodynamics on-board. Check out the video above in its entirety. And then check back during the Geneva Show to see the full reveal of this monstrously fast Lambo. Related Video: