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Party sponsored by Lamborghini tried to airlift yacht into Austin lake for F1 race

This was the kind of understatement we didn't expect to encounter in the Lone Star State: on our way into Austin to attend the Grand Prix of the Americas, the man sitting next to us on the plane - an Austinite born and raised - said, "There's gonna be a lot of wealthy people here." You know, as if Texas didn't have its fair share already.
Wealthy people need wealthy things to do and not-as-wealthy people to arrange such things for them. Case in point is My Yacht Club, which follows the Formula 1 parade and other rah-rah events around the globe, hosting guests and parties on yachts. In Austin the event group has had to change its schtick; there's no way to navigate one 150-foot motor yacht into Austin's Lady Bird Lake. MYC principal Nicholas Frankl told KUT News, "We spoke to the Army Air Corps. They couldn't lift it." We believe he meant the Army Corps of Engineers, but no matter, they couldn't lift it either.
So MYC has switched to a land-lubbers venue, The Long Center where Ballet Austin, the opera and the symphony perform. In case you readers are worried about how guests will manage without chiseled Italian deckhands in epaulets, not only has Frankl promised that "the elements of decadence and luxury and coolness and exclusivity are all there," guests will get to guzzle 24-karat gold-infused champagne. Because the stars at night just aren't as big and bright without it, obviously.

Lamborghini Gallardo LP 570-4 Squadra Corse brings one-make series to the road

Lamborghini announced a new Gallardo model today, the all-wheel-drive LP 570-4 Squadra Corse, and it's almost identical to the LP 570-4 Super Trofeo single-series race car. Its world premiere will be held at the Frankfurt Motor Show in September.
The street-legal Squadra Corse shares key components with the Super Trofeo - both of which are based on the Gallardo Superleggera - including the 570-horsepower V10, carbon fiber rear wing and removable engine hood made in the same material. The rear wing produces up to three times more downforce than what's found on the LP 560-4. Through the generous use of weight-saving materials and components, the Squadra Corse weighs in at 2,954 pounds, which is 154 pounds lighter than the LP 560-4. To stop all of that mass, standard production carbon-ceramic brakes are used.
Carbon fiber bucket seats with Alcantara center inserts replace the regular seats, though buyers can option them back in. Alcantara also covers the underside of the dashboard. The door panels, center console cover, handbrake frame and lower section of the steering wheel are all made in carbon fiber.

Lamborghini Veneno supercar celebrates the bull's 50th birthday

While yesterday's and today's leaks of the 2013 Lamborghini Veneno took some of the mystery out of this 50th-anniversary hypercar, the exotic, street-legal racecar is no less exciting. Now with the official announcement, we get more details about what three lucky people on Earth will get to experience.
The Veneno is named after one of the fastest and strongest fighting bulls ever.
As we suspected, the Veneno name follows the Lamborghini tradition of naming its cars after famous fighting bulls, and this new Aventador-based hypercar is named after one of the fastest and strongest fighting bulls ever, a bull that gained recognition back in 1914 for killing a matador. To match its name, the Veneno gets its strength from Lamborghini's 6.5-liter V12 producing 750 horsepower and tops out at 220 miles per hour.