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Wrecked Lamborghini Countach from 'Wolf of Wall Street' fails to sell in Abu Dhabi

Martin Scorsese used two genuine 1989 Lamborghini Countach 25th Anniversary Editions in "The Wolf of Wall Street." They're both headed to auction in December, one of them for the second time. See, in August, RM Sotheby's announced that it would auction one of the movie cars in New York in December, its lot being an undamaged Bianco Polo Countach 25th Anniversary. At the time, no one had information on the location or condition of the second car that had been damaged rather badly as part of filming, victim of the main character driving under severe influence and the stunt department putting in some sledgehammer work. In November, the second, wrecked car showed up in the catalog for Bonhams' On the Grid auction at the season-ending Abu Dhabi Formula 1 Grand Prix. Bonhams put the presale estimate at $1.5 million to $2 million. Someone submitted a bid for $1.35 million, which the seller rejected, so the auction house is putting the car up for sale at a later date. For some perspective on that rejected bid, Hagerty values the 1989 Lamborghini Countach Silver Edition in good condition at $440,000, the qualification being that the car "Runs and drives well. Flaws not noticeable to passersby." An example in concours condition, which is "World-class. Could compete in the world's best Concours d'Elegance events," is valued at $780,000. Classic.com, which tracks transactions of exotics and classics, shows a number of sales this year. Bring a Trailer sold three over the summer, one for $577,600, a second for $632,000, a third for $670,000. Other summer auctions for the same model pulled $472,500, $465,000, and a rejected high bid of $342,000. The highest prices paid this year are $775,000 for a car with 154 miles and $715,000 paid for a car with 102 miles. "The Wolf of Wall Street" car is an undriveable heap, a piece of cinematic sculpture at best, for which the owner seeks at least double the price of a practically new car. And what's wrong with that? Art regularly goes for more than $1.5 million, if that's what this is to be considered — and that might indeed be the consideration. RM Sotheby's recently put a 1962 Ferrari 250/330 GTO on the block at one of its art auctions in New York, perhaps Bonhams plans to do something similar. Car & Bike wrote that the Lamborghini heads to auction again in December. Bonhams' site lists three car-centric auctions in December, the Countach so far not shown among the lots.

Lamborghini Huracan Spyder promises 201-mph top speed

After chopping the roof off the Aventador SuperVeloce in Monterey, Lamborghini has, unsurprisingly, decapitated its entry level Huracan and given birth to the successor to the Gallardo Spyder. The new Huracan LP 610-4 Spyder is set to debut this week at the 2015 Frankfurt Motor Show, offering the same 5.2-liter, 610-hosrepower V10, seven-speed dual-clutch automatic transmission, and all-wheel-drive system. The top speed is a hair-raising 201 miles per hour, down just a single digit from the hardtop model, while the 0-62-mph time has fallen from 3.2 to 3.4 seconds. Blame the increase in weight for the slight drop in performance – the Spyder model adds 264 pounds to the hardtop's 3,135-pound dry weight. Of course, unlimited headroom and looks that can kill more than make up for that. According to Lamborghini, the lightweight softtop can be dropped in just 17 seconds and at speeds of up to 31 miles per hour. Impressive though that may be, it's the improvements that Lambo has made over the old Gallardo Spyder that are really newsworthy. Torsional rigidity is up 40 percent over Sant'Agata's last entry level droptop, while downforce jumps by 50 percent with the Huracan Spyder. Prices for Lamborghini's newest convertible start at 186,450 Euros ($211,341 at today's rates), with deliveries slated to begin in the spring of 2016. Read on for the official press release, and check back soon for live images from the floor of the Frankfurt Motor Show. Or, if you really want to see the debut go down, you can watch the livestream of the reveal, here. Related Video: Lamborghini Huracan LP 610-4 Spyder: Performance and lifestyle under the open sky • Inspiring Huracan technology and performance with open air emotion • Electrohydraulic, lightweight soft top for pure Spyder feeling • Smart aerodynamic solutions for maximum open-top driving comfort • Naturally aspirated 5.2 l V10 engine with 449 kW/610 hp, 0 - 100 km/h in 3.4 seconds, top speed 324 km/h (201 mph) • 'Cylinder on demand' technology in combination with stop-and-start system for lower CO2-emissions Sant'Agata Bolognese/Frankfurt, 14.09.2015 – Automobili Lamborghini presents the new Huracan LP 610-4 Spyder at Frankfurt International Motor Show. The open top version of the Huracan LP 610-4 combines the power and performance of the coupe with the emotion of open-air driving.

Why Italians are no longer buying supercars

Italy is the wound that continues to drain blood from the body financial of Italian supercar and sports car makers. The wound was opened by the country's various financial police who decided to get serious about superyacht-owning and supercar-driving tax cheats a few years ago, by noting their registrations and checking their incomes. When it was found that a rather high percentage of exotic toy owners had claimed a rather low annual income - certain business owners were found to be declaring less income than their employees - the owners began dumping their cars and prospective buyers declined to buy.
Car and Driver has a piece on how the initiative is hitting the home market the hardest. Lamborghini sold 1,302 cars worldwide in 2010, 1,602 cars in 2011 and 2,083 cars in 2012 - an excellent surge in just two years. In Italy, however, it's all about the ebb: in 2010, the year that Italian police began scouring harbors, Lamborghini sold 96 cars in Italy, the next year it sold 72, last year it sold just 60. The declines for Maserati and Ferrari are even more pronounced.
Head over to CD for the full story and the numbers. What might be most incredible isn't the cause and effect, but where the blame is being placed. A year ago the chairman of Italy's Federauto accused the government of "terrorizing potential clients," this year Luca di Montezemolo says what's happening has created "a hostile environment for ­luxury goods." Life at the top, it ain't easy.