2013 Lamborghini Gallardo Lp560-4 on 2040-cars

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$1.3B worth of classic cars were auctioned in 2014

The collector auto market in the US just continues to expand with the values of vehicles seemingly only growing in the past years, especially if they have a prancing horse on the hood. This year was no different. According to data compiled by classic car insurance agency Hagerty, there were about $1.3 billion worth of vintage rides auctioned in North America in 2014, up just slightly from $1.2 billion crossing the block in 2013. If you want an idea of just how big a role the Monterey Car Week plays in the North American collector hobby, Hagerty's stats illustrate it perfectly. The company recorded $430 million in auction sales during the week – about a third of the entire market for the year. The event also hosted the biggest seller of 2014 when the hammer fell on a 1962 Ferrari 250 GTO (pictured above) for $38.115 million at Bonhams. In fact, vintage Ferraris in general were among the top buys in the classic auto world in 2014. Eight of the ten most expensive vehicles sold at auction were Prancing Horses (the other two were Ford GT40s). Also, the insurance company's price index for these Italian stallions showed a 43-percent gain in value for the year. The market for another Italian supercar is exploding, as well. The Lamborghini Countach showed a staggering 175-percent growth in auction value in 2014. According to Hagerty, the average price when they crossed the block was $736,599. Judging by Hagerty's numbers, there were still some places to look for those hoping to spend a bit less money. The Aston Martin Lagonda showed a strong gain in value with a 32-percent increase in auction price, but they still averaged $47,078. In addition, the company's index for '50s American cars showed only one-percent growth for these classics. These huge leaps in collector car value might be winding down, according to Hagerty. It predicts growth in the market to slow to an estimated five percent gain in 2015. Maybe a few of these classics might actually become a bit more affordable to fans without such deep pockets sometime in the future. Featured Gallery Bonhams Maranello Rosso Collection: Monterey 2014 View 21 Photos News Source: HagertyImage Credit: Copyright 2014 Drew Phillips / AOL Aston Martin Ferrari Lamborghini Auctions Car Buying Performance Classics aston martin lagonda ferrari 250 gto Lamborghini Countach collector cars 1962 ferrari 250 gto auto auction

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 finds and restores the Miura used in 'The Italian Job' movie

Today is a historic day for fans of the film "The Italian Job." Lamborghini just announced it has found and completely restored the original Lamborghini Miura P400 used in the film's opening scene. And no, this one was never ceremoniously dumped off the side of a mountain and into a ravine. That was a second, different Miura that Lamborghini provided Paramount Pictures with — it had already been crashed, so was considered a perfect donor car for the scene. Of course, even a crashed Miura is worth some serious cash these days. The orange Miura in question here is #3586, and is verified as the one driven by actor Rossano Brazzi (playing Roger Beckermann in the film) and stunt driver Enzo Moruzzi on the Great St Bernard Pass. We'll put the video right here for you, since those who haven't seen it need to, and those who have most certainly want to watch it again now. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Lamborghini's in-house restoration unit, Polo Storico, did all the work to certify and restore the Miura. It's been a long-time coming, too — this Miura has been off the map since the filming ended and Lamborghini sold the film car to someone in Italy. The car was found in The Kaiser Collection of Vaduz, which happens to be in Liechtenstein. Lamborghini is certain this is the right one after looking at the documentation, company archives and a full examination of the car itself. Testimonials from enthusiasts and former Lamborghini employees further solidified the belief that this was the movie car. The only difference you'll notice between this fully restored Miura and the movie scene is the color of the seats. Lamborghini swapped out the white seats for black ones, as they were worried the white seats wouldn't make it back to the factory in perfect condition. However, there was no time to swap the headrests (mounted to the dividing glass) for black ones to match the seats, which you'll notice in the movie scene. We know we'll have "On Days Like These" running through our heads for the rest of the day on account of this incredible find. Thankfully, Lamborghini provided a bunch of photos to look at the car post-restoration, so go check them all out above as you race to your VCRs to watch the film once more.