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Lamborghini Aventador SV Roadster will debut in Monterey

While the Monterey Car Week and Pebble Beach Concours d'Elegance remain a brilliant place to watch cars (and people), it just wouldn't be the same if some of the world's finest automakers didn't bring something new to the affair. Lamborghini will take center stage in the lead up to this year's Concours, unveiling the all-new Aventador LP 750-4 Superveloce Roadster at The Quail on Friday, August 14. While normally we'd say that details are scarce, the truth is, we expect the Aventador SV Roadster to simply mimic the standard SV hardtop. That should mean a screaming, 740-horsepower V12, a sub-three-second sprint to 60 miles per hour, a 200-mph-plus top speed, and a price tag in excess of half a million dollars. The SV Roadster will be limited to just 500 units, making it rare even among the ultra-pricey world of Lamborghini. Look for much more on the SV Roadster when it makes its debut next week at The Quail, in sunny California. Until then, scroll down for Lambo's brief press release. Related Video: Sant'Agata Bolognese 7th August 2015 – Automobili Lamborghini will present the global unveiling of the Aventador LP 750-4 Superveloce Roadster during a press conference at "The Quail, A Motorsports Gathering" on Friday, August 14 at 10 a.m. Following the sold-out coupe, Lamborghini will offer a more exclusive option for customers seeking the performance associated with the Superveloce moniker and the joy of open cockpit driving. Representing a true expression of super sports car purity, the Aventador LP 750-4 Superveloce Roadster is limited to a 500-unit production run. Further details about pricing, dealer delivery and specifications will be released in conjunction with the official debut.

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 Huracan Spyder promises 201-mph top speed

After chopping the roof off the Aventador SuperVeloce in Monterey, Lamborghini has, unsurprisingly, decapitated its entry level Huracan and given birth to the successor to the Gallardo Spyder. The new Huracan LP 610-4 Spyder is set to debut this week at the 2015 Frankfurt Motor Show, offering the same 5.2-liter, 610-hosrepower V10, seven-speed dual-clutch automatic transmission, and all-wheel-drive system. The top speed is a hair-raising 201 miles per hour, down just a single digit from the hardtop model, while the 0-62-mph time has fallen from 3.2 to 3.4 seconds. Blame the increase in weight for the slight drop in performance – the Spyder model adds 264 pounds to the hardtop's 3,135-pound dry weight. Of course, unlimited headroom and looks that can kill more than make up for that. According to Lamborghini, the lightweight softtop can be dropped in just 17 seconds and at speeds of up to 31 miles per hour. Impressive though that may be, it's the improvements that Lambo has made over the old Gallardo Spyder that are really newsworthy. Torsional rigidity is up 40 percent over Sant'Agata's last entry level droptop, while downforce jumps by 50 percent with the Huracan Spyder. Prices for Lamborghini's newest convertible start at 186,450 Euros ($211,341 at today's rates), with deliveries slated to begin in the spring of 2016. Read on for the official press release, and check back soon for live images from the floor of the Frankfurt Motor Show. Or, if you really want to see the debut go down, you can watch the livestream of the reveal, here. Related Video: Lamborghini Huracan LP 610-4 Spyder: Performance and lifestyle under the open sky • Inspiring Huracan technology and performance with open air emotion • Electrohydraulic, lightweight soft top for pure Spyder feeling • Smart aerodynamic solutions for maximum open-top driving comfort • Naturally aspirated 5.2 l V10 engine with 449 kW/610 hp, 0 - 100 km/h in 3.4 seconds, top speed 324 km/h (201 mph) • 'Cylinder on demand' technology in combination with stop-and-start system for lower CO2-emissions Sant'Agata Bolognese/Frankfurt, 14.09.2015 – Automobili Lamborghini presents the new Huracan LP 610-4 Spyder at Frankfurt International Motor Show. The open top version of the Huracan LP 610-4 combines the power and performance of the coupe with the emotion of open-air driving.