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VW has received several tentative bids for Ducati

Italy's Benetton family is vying with motorbike firms and buyout funds for control of Italian motorcycle brand Ducati, which is being sold by Germany's Volkswagen, sources involved in the process told Reuters. Volkswagen, whose Audi division controls Ducati, has received several tentative bids with the Benetton family's investment vehicle Edizione Holding valuing the Monster motorbike maker at $1.2 billion, one of the sources said. As well as Edizione Holding, U.S. buyout fund Bain Capital, which owns a stake in Ski-Doo snowmobiles maker BRB, and two Indian motorbike firms, Eicher Motors and Bajaj Auto, have also bid for Ducati, the sources said. Indian carmaker Eicher controls Royal Enfield, a motorcycle brand established in 1893 which ranks as one of the oldest. Strategic bidders also include U.S. automotive firm Polaris Industries, which earlier this year said it would wind down its struggling Victory Motorcycle brand. A shortlist of bidders for a second stage of the auction could be selected as soon as Saturday, two of the sources said. Volkswagen adviser Evercore has a long list of bidders including private equity funds such as Ducati's previous owner Investindustrial, CVC Capital Partners, Advent and PAI, all hoping to outbid industry players, the sources said. If it gets to the second round, Edizione Holding could seek to form a consortium with a financial investor, two of the sources said, in a bid to secure control of Ducati, whose racers have won the Superbike world championship 14 times, with Carl Fogarty and Troy Bayliss its most successful riders. Audi, Edizione Holding, Investindustrial, Advent and PAI declined to comment, while the other interested groups were not immediately available for comment. PRICING CHALLENGES For some buyout funds, Ducati's valuation of up to $1.4 billion – which sources said is based on a multiple of more than 10 times its core earnings of roughly 100 million euros – is a tall order as they lack the synergies that some motorbike makers could achieve. But Investindustrial founder Andrea Bonomi, who sold Ducati to Audi for about 860 million euros in 2012, is serious about a comeback, one of the sources said. China's Loncin Motor was among a group of industry players that initially showed interest in Ducati, alongside Harley-Davidson. The latter has, however, decided against making a bid due to Ducati's price tag, while it could not be established if Loncin Motor had carried on bidding.

Lamborghini reveals more details about the Aventador's hybrid successor

Lamborghini has released additional details about the Aventador's long-awaited successor. Called LB744 internally, the model will stand out as the company's first series-produced hybrid car, and the latest teaser gives us a better idea how the system is set up to behave. Quick recap: Power comes from a gasoline-electric hybrid drivetrain rated at about 1,001 horsepower and made up of a new, 6.5-liter V12, an eight-speed automatic transmission, and three electric motors. This configuration allowed Lamborghini to dial in a 44% front and 56% rear weight distribution; engineers also fitted stiffer anti-roll bars and reduced the steering ratio by 10% compared to the Aventador Ultimae.  Enthusiasts will have four driving modes called Citta, Strada, Sport, and Corsa, respectively, to choose from. They'll also be able to select one of three powertrain modes named Recharge, Hybrid, and Performance. As its name implies, Recharge relies on the V12 to charge the lithium-ion battery pack in a couple of minutes, for example. The LB744 is also capable of driving on electricity alone for short distances. Selecting Strada ("road" in Italian) caps the drivetrain's output at about 873 horsepower. Sport mode unlocks 894 horsepower and brings with it profile-specific settings for the transmission, the suspension system, and the active aerodynamic parts. Finally, selecting Corsa ("race" in Italian) unleashes the drivetrain's full potential and configures the drivetrain's electrified components for maximum performance. Drivers will also have the option of disabling the electronic stability control system, and the LB744 will come with a launch control function. Going hybrid allowed Lamborghini to add electric torque vectoring to the front axle. We're told that slowing down the front wheel that's on the inside part of a corner makes the LB744 more agile while improving stability during high-speed driving. This technology works hand-in-hand with the four-wheel steering and brake-energy recuperation systems; it sounds like there's a lot of electronic wizardry happening here. Details such as the car's weight haven't been released yet. All we know at this stage is that Lamborghini designed the LB744 around a new carbon fiber monofuselage that includes a carbon fiber front structure (in contrast, the Aventador used an aluminum front structure).

Gumball team creates Lamborghini-powered Batmobile

Look, whatever you think of the Gumball 3000 Rally, it does attract some spectacular machinery. High-end supercars and modded monsters are the norm, but occasionally, something really special pops up. Like the Batmobile. Okay, so this isn't exactly the Batmobile, but the Dark Knight's wheels clearly served as the inspiration for this brute. It comes from Team Galag, one of the many groups that contest the globe-trotting Gumball. This car has had very real, very talented hands on it during development. According to the video, the lead engineer spent 15 years at Sweden's Koenigsegg, which might explain the lovely detail on the carbon-fiber body. The fixed wheel covers are impressive but disorienting, making it look like the car just hovers over the road. Underneath all that carbon fiber sits a thumping 5.2-liter V10, borrowed from a Lamborghini Gallardo. This might be the only application where this engine is underwhelming – look at that body, and then listen to the engine. It just feels a little mismatched for such a wild looking car. Still, the work here is impressive. Now, if only it can get through this year's Gumball without crashing... Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. News Source: Mr JWW via YouTube Aftermarket Lamborghini Videos gumball 3000