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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.

Justin Bieber arrested for possible DUI, drag racing [w/video, UPDATE]

Pop star Justin Bieber was arrested early this morning in Miami Beach, FL with TMZ.com listing his charges as including driving under the influence, drag racing, resisting arrest and driving on an expired license. TMZ says that Bieber was stopped for street racing his Lamborghini Gallardo, then failing a field sobriety test, and is being charged with resisting arrest for "refusing to take his hands out of his pockets."
It's also being reported that Bieber was racing against rapper Khalil (also arrested) who seems to have been driving a Ferrari 16M Scuderia Spider (although it was mistakenly called a "red Lambo" in the article). There is no additional information about the arrest of either men, but TMZ has obtained eyewitness video, which is posted below, that shows Bieber in his Lamborghini surrounded by fans and then later shows the car stopped by police officers.
UPDATE: As it turns out, the cars in question didn't actually belong to either Bieber or Khalil. We just received an email that indicates that both the Ferrari and the Lamborghini involved in the incident were rentals. The president of Lou La Vie, an exotic car rental outfit in Miami, is claiming ownership of both vehicles, though didn't provide any other significant information regarding the case.

Ukrainian man turns Eclipse into quasi-Reventon

The Mitsubishi Eclipse may very well be the Pontiac Fiero of our time. Whereas the old Poncho formerly served as the go-to platform for every Ferrari and Lamborghini replica gone awry, the Eclipse seems to have usurped that crown in the modern age. Need an example? Look no further than this crafty Eclipse owner from Ukraine recently uncovered by our friends at EnglishRussia.com. Using nothing but some very impressive fabrication skills, some sheet metal and his ingenuity, the guy turned his budget Japanese cruiser into an homage to the Lamborghini Reventon.
Sure, the proportions are a little off. And yes, the front end looks a bit wonky, but the finished product is better than we could manage. Besides, this project turned out far cleaner than other Lamborghini tributes we've seen. You can head over to EnglishRussia.com for a closer look at the build process. You'll be amazed.