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Tamara Ecclestone's Lamborghini has gone missing

A Lamborghini Aventador owned by socialite Tamara Ecclestone has disappeared from a garage in London where it was being serviced. The daughter of billionaire Formula One CEO Bernie Ecclestone reportedly purchased the car a couple of years ago from a dealer named Ziad Shawadi when she was dating businessman Omar Khyami. The supercar was put under Omar's name to secure a resident's parking permit, but it was registered to her Chelsea, London, address.
Tamara tried to sell the Lamborghini last summer after the couple split, but learned that her boyfriend had used the $400,000 exotic as collateral on a loan - and that set off a legal battle due for a hearing later this year.
But now the car has disappeared, and the culprits are alleged to be men working for Shawadi who have apparently repossessed it as a result of the outstanding loan. Ecclestone filed a complaint at a Notting Hill police station, but the authorities have said they won't be moving on this one. There has been no word on the fate of the parking permit.

Florida Man accused of buying Lamborghini with coronavirus relief funds

We'll preface this by saying that when things work as they're meant to, we don't hear about them. When it comes to the Paycheck Protection Program, created as part of the CARES Act in March to provide loans to businesses to pay employees during the coronavirus lockdown, that means many jobs were saved but we also get stories of honest businesspeople unable to get loans or blackguards abusing the program. This story is the latter. David T. Hines, a 29-year-old Miami man with four businesses, applied for PPP funds in May. He received about $3.9 million in loans, and blew about $500,000 of that before the government began investigating and his bank froze his accounts. Instead of applying for loans to cover monthly expenditures of about $200,000 among his four moving-related companies, the feds say, Hines' four applications through Bank of America claimed combined monthly expenses of $4 million to pay 70 employees. BofA approved three of the four submissions. After the government made its first of three planned deposits of $3,984,557 into Hines' Bank of America account, Hines continued requesting more money, authorities say, ultimately seeking $13.54 million.  The spending began almost immediately after the PPP disbursement. As far as the government could tell by going through Hines' records, none of the money was spent on employees who "either did not exist or earned a fraction of what Hines claimed in his PPP applications.” Instead, officials say, Hines picked up a blue Lamborghini Huracan Evo for $318,497. He paid a person he listed as "Mom" $60,000. Saks Fifth Avenue got another $4,000. In June, $8,500 went to the Graff jewelry boutique, and $7,000 went to Miami's Setai hotel. The disbursement problem has arisen because the Small Business Administration that backs the PPP loans doesn't verify the claims in the applications, according to Assistant U.S. Attorney Michael Berger. How did Hines get caught, then? He got into a hit-and-run accident in his blue Lamborghini in July, and Miami police impounded the car. That eventually attracted investigation from no less than six governmental departments: the FDIC-OIG, USPIS, IRS-CI, the SBA-OIG, the Board of Governors of the Federal Reserve System, and the Bureau of Consumer Financial Protection-OIG. The U.S.

Lamborghini will unveil an enigmatic hypercar at the Frankfurt auto show

Lamborghini released a dark teaser image that previews a new model scheduled to break cover during the 2019 Frankfurt Auto Show. Posted on its official Instagram channel, the teaser shot asks more questions than it answers while giving us one more reason to look forward to the event. "Just open your eyes to the future," Lamborghini instructed its fans in the caption that accompanied the photo. That's not much to go off of, but the blacked-out image looks like it depicts the front of a low-slung supercar wearing Y-shaped LED running lights. The company's logo is the only other visible detail, but we see enough to tell whatever Lamborghini is teasing shares a few key styling cues with the striking Terzo Millennio concept unveiled as a design study in 2017.  This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.   The resemblance fills in another piece of the puzzle. Developed jointly with MIT, the Terzio Millennio ditched the Aventador's sonorous, naturally-aspirated V12 in favor of in-wheel electric motors fed by supercapacitor energy storage technology. These components aren't ready for production yet, but earlier rumors claimed the Terzo Millennio's strikingly futuristic design and proud emphasis on clean, eco-friendly performance would influence Lamborghini's first road-going gasoline-electric hybrid. We might be looking at the yet-unnamed model. Where it will slot in the Lamborghini range is up in the air, too. It's not replacing the Huracan, and the Aventador S is expected to stick around until the early 2020s. It doesn't look related to the high-riding Urus in any way, either, which hints it's a limited-edition model. Lamborghini has a proven history of previewing new cars with limited-edition models, so the Frankfurt-bound model could give the public an early taste of the car that will replace the Aventador S. We're also not ruling out the possibility that the car is somehow related to Lamborghini's interest in the new hypercar category created for the World Endurance Championship (WEC). None of these theories are mutually exclusive; the car could draw inspiration from the Terzo Millennio, hint at the Aventador's replacement, and give the Aston Martin Valkyrie a run for its money at Le Mans in 2020. The speculation around Lamborghini's next model will end when it makes its debut in Frankfurt 10.