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Volkswagen decides to keep Lamborghini and Ducati, transfers Bentley to Audi

Investors in the market for a high-end Italian manufacturer that peddles performance will need to keep looking. Volkswagen announced it will hang on to Lamborghini and Ducati in the foreseeable future. Executives in Wolfsburg, Germany, are making far-reaching changes to the Volkswagen Group to reboot it with a big focus on technology. Credible rumors claimed that the people in charge of the carmaker wanted to carve out Lamborghini — which owns Ducati — and ultimately list it, or at least a chunk of it, on the stock market in order to fast-track the group's electrification strategy. Going electric is expensive, so selling Lamborghini would have helped fund the expansion, and high-octane supercars don't easily go hand-in-hand with zero-emissions cars. "Volkswagen needs to change from a collection of valuable brands and fascinating combustion-engine products that thrill customers with superb engineering to a digital company that reliably operates millions of mobility devices worldwide," summed up Herbert Diess, the group's boss, during a September 2020 meeting. His team ultimately decided not to fully divest both brands. It's too early to tell whether part of Lamborghini will be listed on the stock market, as some insiders have suggested, or if those plans are off the table, too. Changes are coming to Bentley as well. While it's not being spun off either, it will fall under the Audi umbrella starting on March 1, 2021. Volkswagen explained linking the two companies will "allow for synergies to be achieved as part of the electrification strategy of the two premium brands," a statement which suggests they will share a growing number of components during the 2020s. Unverified rumors claim that Bentley will notably get its own version of an ultra-luxurious electric SUV code-named Landjet that Audi is currently developing. We've reached out to Bentley for more details, and we'll update this story if we learn more. Bugatti's future wasn't mentioned in the release; unconfirmed reports suggest it will be traded for a stake in Croatian start-up Rimac. Volkswagen's supervisory board also reaffirmed its support for Diess, who was appointed CEO in 2018 and who has played a significant role in the company's transformation. Finally, the board approved the development of what a statement refers to a future leading electric vehicle sold by the Volkswagen brand that will be developed and manufactured in Wolfsburg.

Lamborghini Huracan EVO2 race car is a harbinger of future models

Lamborghini funneled the lessons learned from years of racing into the latest evolution of the track-only Huracan. Called EVO2, the coupe gains a number of aerodynamic updates and more powerful brakes for the 2022 season. You don't need to be a seasoned car spotter to tell the EVO2 apart from the outgoing EVO. Its front end has been completely redesigned with new-look headlights, air curtains on both sides of the bumper, and a reshaped splitter made with carbon fiber. It's the same story out back, where the LED lights are thinner and the diffuser is bigger. Most of the visual changes were made with racing in mind, but they'll have a lasting effect on the firm's range. "[The EVO2's design] blends the muscular styling cues that characterizes previous racing variants of the Huracan with some of the styling cues that define Lamborghini's DNA. Additionally, the Huracan Super Trofeo EVO2 illustrates an futuristic approach to design that partly previews elements that will make their way to future road-going models," revealed Mitja Borkert, the head of the company's design department, in a statement. There's more carbon fiber, too. The rocker panel extensions and some of the aerodynamic elements fitted to the rear end are now made with the lightweight material rather than with plastic to shed every last ounce of weight. Lamborghini will inevitably electrify during the 2020s, but it plans to celebrate the non-electrified internal combustion engine in the coming years. Don't look for a hybrid system under the EVO2's body. It uses a naturally-aspirated, 5.2-liter V10 that's mid-mounted and tuned to send 620 horsepower to the rear wheels via a six-speed sequential transmission. Bigger brake rotors and redesigned calipers capable of housing larger brake pads provide stopping power lap after lap. Lamborghini notes its Squadra Corsa division developed the new braking system in-house. Fans and drivers will get their first chance to see what the Lamborghini Huracan Super Trofeo EVO2 is capable of on May 28, 2021, at the Paul Ricard race track in the south of France. It's scheduled to make its competition debut during the 2022 season of the Super Trofeo series. Pricing for the European market starts at 250,000 euros, which represents about $306,100 at the current conversion rate. Alternatively, teams currently racing a Super Trofeo EVO will be able to purchase an upgrade kit to bring their car to EVO2 specifications. Pricing hasn't been announced yet.

Performance cars old and new are headed to auction at Las Vegas Grand Prix

Auction house RM Sotheby's is hosting a sale ahead of the 2023 Las Vegas Formula One Grand Prix, and most of the lots that will cross the block were designed with performance in mind. Whether you want a supercar or a Formula One car, there's a chance you'll find it in Sin City. One of the highlights from the sale in terms of rarity and price is the Mercedes-AMG Petronas W04 that Lewis Hamilton drove in the 2013 F1 season. Assigned chassis number F1W04-04, it's the team's last car powered by a naturally-aspirated V8 engine, and you're on the wrong track if you're thinking of the 4.0-liter unit that powers AMG's road cars. The engine in question is a 2.4-liter unit that develops 750 horsepower and is capable of revving to a screaming 18,000 rpm. The KERS system injects 80 additional horses into the driveline. Hamilton drove F1W04-04 in 14 of the 2013 season's 19 races, and he won that year's Hungarian Grand Prix in the car. RM Sotheby's notes that F1W04-04 is "the sole example to be sold outside of the Mercedes-Benz organization," which explains why it expects the car will sell for anywhere between $10 million and $15 million excluding the buyer's fee and a 2.5% import duty that applies to American residents. That's a lot of money, but modern Formula One cars rarely come up for sale. Several other cars are expected to sell above the $1 million mark, including a 1999 Mercedes-Benz CLK GTR ($8 million to $9 million), a 1988 Porsche 959 Komfort ($1,650,000 to $1,850,000), and a 1996 Bugatti EB110 Super Sport ($2,500,000 to $3,250,000). The 1990 Ferrari F40 GT (one of 21 units built) could bring up to $4 million. You can take home a rare, high-end classic even if you cap your budget at $1 million. How about a 1984 Lamborghini Countach 5000 S that was delivered new to Ralph Lauren and that has been in the hands of its second owner since 1986? RM expects the coupe will sell for up to $900,000. The auction house is also giving enthusiasts two distinctly different ways to spend a six-digit sum on a 30-something-year-old Mercedes-Benz. There's a 1990 190E 2.5-16 Evolution with about 3,400 original miles that could fetch up to $700,000. That's a lot to pay for a W201, but this isn't a run-of-the-mill Baby Benz: It's one of 502 examples built for homologation purposes. Alternatively, the 1989 560SEC AMG 6.0 Wide-Body could sell for up to $900,000. It's one of the most emblematic cars designed by AMG before it joined Mercedes-Benz.