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This is Lamborghini's evil-looking new racecar

As a part of the festivities to launch its Aventador Roadster model, Lamborghini has announced that is returning to racing with the new Gallardo GT3 FL2 and its in-house race team, Lamborghini Squadra Corse. The new race-spec Gallardo, co-developed with Reiter Engineering, will initially compete in motorsports series such as the Italian GT3 Championship, Asia Le Mans Series and the single-make Blancpain Super Trofeo Championship. Additional series will be announced later including races in the US next year - possibly as a part of the new Grand-Am/American Le Mans Series series.
Reiter Engineering has been building racing Lamborghinis since 2000, but this will be the first time it has worked in cooperation with the automaker to create a car.Other than the obvious aero changes such as the front splitter, rear diffuser and massive rear wing, the 2013 Lamborghini Gallardo GT3 FL2 also received some weight reduction, better brakes and engine cooling and, surprisingly, improved fuel consumption. The car dropped about 55 pounds compared to a standard Gallardo, and since it was designed to compete in endurance races, it was given "24-hour" brakes, although we don't actually know what changes were made.
Deliveries of the Gallardo GT3 FL2 will begin in March with a starting price of 320,000 euros, or around $430,000. Scroll down for more details about Lambo's newest racer.

Lamborghini 5-95 Zagato could be bound for limited production

Lamborghini has been seriously upping its production overt the years. When Audi took over in the late 1990s, the company's production was measured in the 200-unit range. Now it's making over 2,000 cars every year. But at the same time, Sant'Agata has been focusing on low-volume production as well, with a separate assembly line dedicated to putting together concept cars and limited editions like the Sesto Elemento and Veneno. And now it may just have another on its hands.
That would be the Lamborghini 5-95 Zagato, a unique coachbuilt supercar based on the Gallardo and unveiled last week at the Concorso d'Eleganza Villa d'Este on the shores of Italy's glamorous Lake Como. It was commissioned as a one-off custom for noted Lambo and Zagato collector Albert Spiess, but reports suggest that it could be put into limited production.
The viability of the project would likely depend on how many orders the Italians might garner for an expanded production run. Whether the project would be undertaken at Lamborghini's special projects facility or off-site by Zagato remains to be seen, but you can bet it would fetch a pretty penny or two, despite the fact that the platform on which it's based is now over a decade old and has since been replaced by the newer Huracán.

Santa upgrades to Lamborghini Gallardo, spreads joy in LA

We understand. It's hard to slow down and really take in the holiday season, so it often comes and goes in a blur. That's especially so in Los Angeles, where almost everything moves fast and you feel like a face in the crowd. Determined to keep up with the fast pace and be noticed, one Santa Clause and his "elf" assistant decided to upgrade their "sleigh" - to a Lamborghini Gallardo (no reindeer needed).
We commend Santa's choice in the beloved Lamborghini and think Los Angelenos did notice him (though we're not sure he wanted to be approached by Freddy Krueger up there). Head below to watch Santa and his helper spread holiday joy with V10-powered goodness.