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Rare U.S.-spec 1990 Lamborghini LM002 fetches $467,000 at auction

A rare "Rambo Lambo," an American-spec 1990 LM002 that was Lamborghini's first SUV and arguably the first high-performance sport utility, has sold at auction in New York for $467,000. RM Sotheby's says the luxury ute, which has 19,153 miles on the odometer, underwent a comprehensive five-year mechanical and cosmetic restoration and was originally priced at $158,000 when it arrived in the U.S. through a Florida port of entry. The auction sale price is more than twice the cost of the new Urus, the sleek new crossover that Lamborghini unveiled earlier this week. The LM002 traces its lineage to the Cheetah, a rear-engine-mounted 4x4 that Lamborghini made with an American defense contractor for the U.S. Army, which did not reward the automaker with a contract. It was Lamborghini's first production SUV, based on the Cheetah's basic engineering, and it added luxurious wood and leather to the interior, a spacious cargo area and the 5.2-liter Countach V12 engine that took it from 0-60 in 7.7 seconds. Only 301 examples were ever made between 1986 and 1993, with just 48 of them built to the LM/American specs and delivered to the U.S. Sotheby's notes that the exotic car market of the early '90s "was in full flourish thanks to a new generation of millionaires and billionaires seeking the ever-greater 'toy' — and nothing was bigger or better than the LM002." It boasts a massive 76-gallon fuel tank, and the model that just sold was equipped with specially designed Pirelli Scorpion run-flat tires. Jay Leno took an LM002 of the same model year for a spin two years ago on an episode of "Jay Leno's Garage." The restoration effort was valued at $325,000 and covered the Countach engine, new exhaust and a full, new interior, adding an Alpine stereo head unit and integrated Bluetooth to bring things up to modern speed. It also features the rare rear cargo toolbox, tonneau cover, and correct LM/American floor mats and chrome bumpers. The owner also got correct tools, keys, books, jack, full receipts and photographic documentation of the restoration process, plus two OEM ECU computer units.Related Video:

The List #0691: Drive a Lamborghini

The List's tour of Italy continues as Jessi and Patrick visit Sant'Agata Bolognese, the home of Lamborghini. While a museum and factory tour provide a brief distraction, our hosts are champing at the bit to hop behind the wheel of the 691-horsepower Lamborghini Aventador. "The Aventador has all the sex appeal you'd expect from an exotic Italian sportscar," says Jessi. "And this Lamborghini has the updated technology you'll need to keep a previously raw and sometimes frightening driving experience to a pure, unadulterated thrill." Watch as Jessi and Patrick unleash this raging bull on the streets of Italy. Have an RSS feed? Click here to add The List. Click here to subscribe to The List in iTunes. Click here to learn more about our hosts, Jessi and Patrick. Lamborghini Driving Coupe Supercars The List Videos Original Video autoblog black

Lamborghini Huracan Sterrato off-roader is headed to production

Ending years of rumors and speculation, Lamborghini has confirmed it will build the rally-inspired Huracan Sterrato concept it unveiled in June 2019. The model, which will be the final evolution of the Huracan, is scheduled to make its official debut before the end of 2022. Preview images released by the firm give us an early look at the first off-road-ready Huracan. The coupe remains draped in camouflage but we can tell that not a lot has changed since the design study made its debut over three years ago — and that's just awesome. At its core, the Sterrato takes the form of a Huracan on stilts with two driving lights attached to its front end, wheel arch flares and a pair of roof rails. Lamborghini Huracan Sterrato, preview images View 5 Photos We're curious to find out how Lamborghini modified the Huracan's suspension system to dial in the extra ground clearance. And, there's no word yet on what the model is powered by, though we're guessing it uses a version of the standard car's naturally-aspirated, 5.2-liter V10. For context, the Sterrato concept was powered by the Huracan EVO's V10 engine, rated at 640 horsepower and 442 pound-feet of torque. It also featured all-wheel drive, a four-wheel steering system and torque vectoring, but all of these systems were retuned for off-road use. Lamborghini widened the front and rear tracks by about an inch, hence the big flares, and it added 1.85 inches of ground clearance. Lamborghini will introduce the Huracan Sterrato — assuming the concept's name is retained for the production model — by the end of 2022, meaning deliveries could start in early 2023. Pricing information hasn't been announced yet. When it lands, the off-roader will compete in a class of one. There are a great many supercars and there are a great many super-SUVs, but these two segments have rarely intersected in the realm of production cars. It's a different story in the concept car world: Volkswagen-owned ItalDesign Giugiaro turned the Lamborghini Gallardo into a high-riding design study called Parcour in 2013, and Audi unveiled the 5.0-liter V10 TDI-powered Nanuk later that year.