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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.

Uber adds supercar rides in Singapore

Order a ride through Uber and you'll have a choice between what kind of car you want or need: Uber Black for standard fare, Uber X for the lowest cost available, Uber Taxi to order a regular cab, Uber SUV if you need to move more people or even Uber Lux if you want a luxury town car service. But customers in Singapore now have another option: to be picked up in a Lamborghini or Maserati. The pilot program launched in collaboration with Dream Drive will allow customers to be picked up in either a Lamborghini Gallardo Spyder or a Maserati GranTurismo to get around the Southeast Asian city-state. Ordering up the Maser will set customers back 165 Singapore Dollars (equivalent of $120 USD) for the first 15 minutes and 7 SGD ($5.10) for every subsequent minute. The Lambo gets the same per-minute rate but begs a higher 200 SGD ($146) base rate. Uber and Dream Drive were even offering free rides over the weekend to launch the initiative. Those prices make riding around in an Italian exotic pretty pricey, especially since you don't actually get to drive them – just ride shotgun. But then cars are quite expensive to begin with in Singapore, where it costs over half a million in US dollars to get a new Maserati in the first place. News Source: Uber via GTspirit.com Green Lamborghini Maserati Supercars Uber singapore

Lamborghini's upcoming V12 hybrid leaked in patent images

Varryx and Wilco Block are two Euro-based car enthusiasts we've come to know mostly for their ability to get spy video and images of coming treats. They've both done it again, both on Instagram, and both with the same car, publishing a series of design patent drawings. Lamborghini Automobili SpA submitted figures of its hybrid V12 successor to the Aventador to the North Macedonian bureau of the World Intellectual Property Office, perhaps hoping the out-of-the-way geographic location would translate to an out-of-the-way digital sequestration before the reveal this spring. But the Internet hates keeping secrets, so here we are. What we're privy to are every major angle of a coupe that looks like it has the design of the Aventador as its foundation, bookended by fascias from a couple of Aventador-based specials. Varryx provided the colors for the image above.  Lamborghini said design of the Sian FKP 37 "is just for the Sian." Fundamentally, perhaps, yes. But in the patent images, the tall, horizontal-y-shaped lighting DRL that welcomes the sharp, pincer-like curve of the front fenders, and the lower intake outlines make clear connection to the Sian. The Huracan Tecnica is the bridge, the V10-powered coupe adopting another take on the Sian's style. The vertical spat behind the front wheels could also trace its lineage from the limited edition super sports car. The rest of the middle is all Aventador, a swelling body and large side intakes embracing the low cabin and naturally aspirated V12. In back, it's the Centennario, a special edition introduced at the 2016 Geneva Motor Show. The six long strakes on the immense diffuser mimic the number on the Centennario, the difference being the coming production car moves its exhaust up high, where two Centennario taillights flank with two large hexagonal ports instead of the show car's three small tips down low. That engine will be an all-new V12 unit in a new drivetrain, we've been told, aided by a small battery and some supercapacitor tech that's another nod to the Sian. Total output's a mystery, but the Aventador Ultimae clocked 769 horses, the Countach 800 horses, and those not only didn't have hybrid help, they were lighter. Fear not about the weight, automaker CEO Stephan Winkelmann says drivers won't feel the additional weight. We wouldn't be surprised to hear a number higher than 800.