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VW has received several tentative bids for Ducati

Italy's Benetton family is vying with motorbike firms and buyout funds for control of Italian motorcycle brand Ducati, which is being sold by Germany's Volkswagen, sources involved in the process told Reuters. Volkswagen, whose Audi division controls Ducati, has received several tentative bids with the Benetton family's investment vehicle Edizione Holding valuing the Monster motorbike maker at $1.2 billion, one of the sources said. As well as Edizione Holding, U.S. buyout fund Bain Capital, which owns a stake in Ski-Doo snowmobiles maker BRB, and two Indian motorbike firms, Eicher Motors and Bajaj Auto, have also bid for Ducati, the sources said. Indian carmaker Eicher controls Royal Enfield, a motorcycle brand established in 1893 which ranks as one of the oldest. Strategic bidders also include U.S. automotive firm Polaris Industries, which earlier this year said it would wind down its struggling Victory Motorcycle brand. A shortlist of bidders for a second stage of the auction could be selected as soon as Saturday, two of the sources said. Volkswagen adviser Evercore has a long list of bidders including private equity funds such as Ducati's previous owner Investindustrial, CVC Capital Partners, Advent and PAI, all hoping to outbid industry players, the sources said. If it gets to the second round, Edizione Holding could seek to form a consortium with a financial investor, two of the sources said, in a bid to secure control of Ducati, whose racers have won the Superbike world championship 14 times, with Carl Fogarty and Troy Bayliss its most successful riders. Audi, Edizione Holding, Investindustrial, Advent and PAI declined to comment, while the other interested groups were not immediately available for comment. PRICING CHALLENGES For some buyout funds, Ducati's valuation of up to $1.4 billion – which sources said is based on a multiple of more than 10 times its core earnings of roughly 100 million euros – is a tall order as they lack the synergies that some motorbike makers could achieve. But Investindustrial founder Andrea Bonomi, who sold Ducati to Audi for about 860 million euros in 2012, is serious about a comeback, one of the sources said. China's Loncin Motor was among a group of industry players that initially showed interest in Ducati, alongside Harley-Davidson. The latter has, however, decided against making a bid due to Ducati's price tag, while it could not be established if Loncin Motor had carried on bidding.

Lamborghini's first US Winter Accademia should be snow freaking cool

Though they are equipped almost exclusively with all-wheel drive, a Lamborghini might not be our first choice to drive in the snow. Not for practical reasons, anyway. But the idea sure does sound like fun – and probably more than a little bit educational, too. That's why Lamborghini established the Winter Accademia. Similar to the warm-weather Lamborghini Accademia we recently undertook at Laguna Seca, the Lamborghini Winter Accademia is a factory-organized advanced driving course, only this one takes place in the snow. The program was previously held only in Livogno, Italy, but the Bolognese automaker is now bringing it to the United States. Lamborghini will hold its Winter Accademia program during two sessions in early February at Snowmass in Aspen, Colorado (the same resort town where Ferrari held its winter driving program for the FF). During those sessions, pupils will have the chance to drive the Aventador and Huracan in the snow under the tutelage of factory instructors who will teach them techniques like emergency braking, drifting and lapping a makeshift roadcourse in the snow. Which sounds not only like a whole lot of fun, but like good skills to anyone who doesn't want to put their high-performance sports car in the garage for the entirety of the winter season. LAMBORGHINI ANNOUNCES FIRST-EVER NORTH AMERICAN WINTER ACCADEMIA FOR 2015 High Performance, Dynamic Ice and Snow Driving Coupled with Once-in-a-Lifetime Opportunity in Aspen/Snowmass HERNDON, Va., December 9, 2014 – Lamborghini Squadra Corse is gearing-up for its first-ever North American-based winter driving school. The 2015 Winter Accademia at Aspen/Snowmass will provide driving enthusiasts and brand aficionados an opportunity to push exclusive Lamborghini cars and themselves to the limit. For those who crave the opportunity, the Lamborghini Winter Accademia program, which takes place February 5-7 and 6-8, 2015 in Aspen/Snowmass, Colorado, will allow enthusiasts to experience the all-wheel-drive supremacy of the Aventador LP 700-4 as well as the Huracan LP 610-4 on ice and snow. Under the guidance of passionate, professional Lamborghini instructors, participants will not only handle critical winter-driving conditions, but learn techniques exclusive to the Lamborghini Winter Accademia Program.

Lamborghini previews a Huracan race car made just tame enough for the road

November 2020's Los Angeles Auto Show has been rescheduled to May 2021, but the new date is not stopping carmakers from revealing the models they planned to introduce at the event. Lamborghini released a preview image that shows what could be the most extreme variant of the Huracan to date. We'll see it in full this Wednesday, November 18. Very likely called Huracan STO, an acronym which stands for Super Trofeo Omologato, the coupe will arrive as a street-legal supercar endowed with some of the technology developed for the Super Trofeo Evo model that races around the world. Lamborghini's preview image highlights W-shaped LEDs integrated into the headlights, but the cover that obscures the STO's full design can't conceal the giant wing attached to the back end. It also looks like the hood receives a pair of deep air vents. While the photo leaves a lot to the imagination, a set of spy shots published earlier in 2020 gave us a much better look at the car's aggressive aerodynamic add-ons. We expect the cabin will ditch some of the comfort-oriented features found in the standard Huracan in order to save weight; earlier reports claimed the STO will tip the scale at approximately 330 pounds less than the coupe it's based on. Amazon Alexa compatibility won't be needed, for example. Who preheats their oven while lapping Laguna Seca? It sounds like the variant will be street-legal, however, so it won't be completely stripped down. Why the STO needs so much downforce is, if you'll pardon the pun, up in the air. Power will almost certainly come from Lamborghini's naturally-aspirated, 5.2-liter V10 engine, but we'd be surprised if the firm doesn't use this opportunity to put a few more horses in the cavalry. In the Huracan Evo, the 10-cylinder produces 632 horsepower and 442 pound-feet of torque. Rear-wheel drive and a paddle-shifted automatic transmission will come standard, and bigger brakes will help drivers keep the extra power in check on and off the track. Lamborghini will unveil the Huracan STO online on November 18. While nothing is official yet, unverified rumors claim it will arrive as a limited-edition model, and odds are it will be sold out by the time it breaks cover. Related Video: