Wow!+lp560 Front Bumper+superleggera Carbon+carbon Fiber Interior+hre Wheels on 2040-cars

Auto blog

$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

The exotic '80s: Ferrari, Lamborghini, Lotus and the Porsche 959

There's no secret that we are big fans of the MotorWeek Retro Review series around here. In an automotive world that often focuses on the latest tech and what's coming in the future, it's refreshing to take a look into the past to get a new perspective. That said, the show is really outdoing itself this time by posting a full episode from the '80s to YouTube, complete with the original, jazzy opening. The video is an absolute standout, too, with drives of some of the best supercars that Europe could offer at the time. Among the now classic sportscars that MotorWeek got to drive are the Ferrari 328, Lotus Esprit Turbo, Lamborghini Jalpa and Autokraft AC Mark IV. There's even a preview that sings the praises of the tech in the Porsche 959. The episode is basically a showcase of most of the exotics from young enthusiasts' walls and school folders during the '80s and is not to be missed. News Source: MotorWeek via YouTube Ferrari Lamborghini Lotus Porsche Performance Classics Videos lotus esprit ac

Lamborghini weighs first factory-backed Le Mans entry

Lamborghini could expand its racing program by competing in the World Endurance Championship (WEC). The Italian company has never been able to justify funding the development of an LMP1-spec prototype from the ground up, but the hypercar category the WEC will launch in 2020 makes competing in high-profile races like the 24 Hours of Le Mans much more affordable. The new class created to pick up where LMP1 will leave off has piqued the interest of Lamborghini boss Stefano Domenicali. He told British magazine Autocar that his team is taking a careful look at the regulations, and company officials will decide whether to go racing by the end of 2019. The hypercar category will replace LMP1 during the 2020/2021 season, and its guidelines call for racers that look like production models. They'll need to weigh under 2,160 pounds, and they'll be allowed to use active aerodynamic technology, which Lamborghini already uses on production models like the Aventador SVJ, the Huracan Performante, and the Huracan Evo. Domenicali hinted a car similar to the one-off, Aventador-based SC18 (pictured) introduced in late 2018 could take Lamborghini racing. It shows the company has "a base for what could be an interesting approach," he told Autocar. Created at the request of a customer, the SC18 delivers 770 horsepower and 531 pound-feet of torque thanks to the Aventador's naturally-aspirated, 6.5-liter V12. If Lamborghini chooses to race, it will need to fend off competition from Aston Martin and Toyota, among others. Aston Martin confirmed it will compete in the hypercar category with an evolution of the 1,160-horsepower Valkyrie, while Toyota is busily transforming the Super Sport concept into a hypercar-spec racer. Unverified reports suggest McLaren and Ferrari could also join the fray sooner or later. While Lamborghini's history isn't rooted in racing, and it has never operated a full, factory-backed WEC program, its cars have competed in the 24 Hours of Le Mans and other endurance events on several occasions. Die-hard fans will remember the Murcielago R-GT that raced at Le Mans between 2006 and 2009. It was more show than go, and it finished near (or at) the bottom of the pack. Auto News Motorsports Lamborghini Le Mans lmp1