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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 That's because this is no ordinary Miura – it's an SV Jota, one of only five or so originally made by the factory in Sant'Agata Bolognese.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

Donald Trump's Lamborghini Diablo is up for sale

Back in Donald Trump's booming heyday, a car couldn't get much flashier, much more outlandish, much more... Trump than a Lamborghini Diablo. Turns out he actually owned one – a 1997 Lamborghini Diablo VT roadster, to be specific, like the one pictured above. And now it's up for sale. This VT roadster is one of just 200 or so that were made before the 1999 facelift. It featured the Viscous Traction (viscous-fluid coupling) all-wheel drive system that debuted on the Diablo VT, and the carbon-fiber roof panel could be removed and stowed over the engine cover. Short of the Ferrari 575M Superamerica with the Fioravanti-designed flip-top, we could hardly imagine a more fitting set of wheels for the mogul. Bear in mind that the Diablo was developed when the company was owned by Chrysler – which would not, of course, prove the last time Chrysler would be in bed with an Italian automaker. This one was built after the brand was sold to a Malaysian company (before it was absorbed into the Volkswagen Group). And in those days, Lamborghini was closely allied with US-based supercar manufacturer Vector Motors. The Diablo was about as American as an Italian supercar could be. Trump's is finished in French Racing Blue and appears to be in pristine condition. It's now been adorned with Trump stickers, seemingly well-documented as having belonged to Trump himself, and formerly registered in Palm Beach, FL. It's being sold by one Michael Digonis in New York via The Drive, who is asking $299,000 for it. That is a lot, but considering the celebrity provenance it could prove a sound investment – especially if Trump wins the Republican nomination and the general election next year. Related Video:

Lamborghini Miura SV burns to the ground in London

If there's one thing Italian supercars seemingly love more than moving quickly, it's being on fire. That even applies to iconic machinery like the Lamborghini Miura SV, one of our personal favorite exotics of all time. One such Lamborghini owner just witness their machine go all flambé during a photo shoot in London. Details are scarce at the moment, but it looks as if something went awry in the engine bay.
You can watch the disaster in the video below, but just make sure your stomach is well prepared for the nauseating sight. Nothing's worse than watching $700,000-worth of gorgeous collector car go up in smoke.