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Texas man gets prison for buying Lamborghini with Covid funds

A Texas man who spent coronavirus relief funds to feel a little less bored during lockdown is staring down a nine-year prison term after pleading guilty to wire fraud and money laundering. Lee Price III finagled more than $1.6 million in low-interest relief loans, the Associated Press reports, which he spent to pay off a mortgage and buy a couple of cars: an $85,000 Ford F-350 and and Lamborghini Urus.  According to the Houston Chronicle, Price's scheme involved funneling a little under $1 million through each of two of his businesses (Price Enterprises Holdings and 713 Construction), both of which Price claimed had large payrolls that needed to be covered using emergency funds from the Paycheck Protection Program (PPP). While these were ostensibly loans, they were structured to be forgiven if the funds were distributed within 10 calendar days and the borrower applied for forgiveness within 10 months of taking the loan. Provided those criteria were met, it was essentially free money to cover payroll. Price's employees, however, did not exist.   You'll be forgiven for thinking you've heard this story before. Coronavirus really seemed to bring out the Lamborghini fans. A California man was accused of adding one to his garage (along with a Ferrari and Bentley) and plead not guilty earlier this year to charges that he scammed more than $5 million from the PPP. Last year, a Florida man's scheme to defraud the same program was undone by a hit-and-run accident in the blue Lamborghini Huracan Evo he bought with the proceeds. 

Ken Okuyama's Kode 0 brings classic '70s design to the Quail

Ken Okuyama designed this, the Kode 0, to invoke memories of such classic '70s supercar designs as the Lancia Stratos Zero, Lamborghini Countach and Ferrari Moduro. But its retro-futuristic looks are only skin deep. The Kode 0 sits atop the guts of a current Lamborghini Aventador, including its naturally aspirated 6.5-liter V12 engine. Due to its full carbon fiber bodywork, the Kode 0 weighs just 3,417 pounds. That's more than 600 pounds lighter than the Aventador upon which it's based. With 690 horsepower and 507 pound-feet of torque, the Kode 0 can hit 60 miles per hour in just 2.9 seconds. The Kode 0's dramatic wedge-shaped design is inspired by the works of Marcello Gandini and flows seamlessly from front to rear. Its almost impossibly short rear overhang and slanted roofline draw the eye toward the acute crease that makes up the rear portion of the passenger compartment. It's certainly striking, especially when the doors open to reveal bright green highlights hiding behind the bodywork. The Kode 0 is radically different but equally as stunning as the Kode 57 that Okuyama unveiled at the Quail last year. See for yourself in our high-res image gallery above. Related Video: Featured Gallery Ken Okuyama Cars Kode 0 View 11 Photos Image Credit: Copyright 2017 Drew Phillips / Autoblog.com Design/Style Lamborghini Coupe Luxury Performance Supercars Pebble Beach

The Huracan Performante will be the fastest Lamborghini yet

We expected the track-special Huracan you see above to be called Superleggera, as it's the lighter and more hard-core version of the little Lambo, but reports now confirm the name will be Performante. That's not the cool part. Thanks to a bunch of changes, including a new active aero system called ALA, this has the potential to be the fastest Lamborghini yet. That means faster than the Aventador SV, and quite possibly faster than the Porsche 918 Spyder. That measure of speed and world domination relates to the car's Nurburgring time, which hasn't been announced yet. We'll see the camouflage-free Performante first at the Geneva show in March, where it's likely the 'Ring time will be announced. What we know about it so far is very interesting, though. Motor Trend has driven a Performante prototype and provides a lot of details. Perhaps the coolest part, and the biggest facilitator for the extra speed, is the new active aero system called Aerodynamica Lamborghini Attiva. From MT's description, it sounds like it can "vector" airflow, opening and closing a flap on either side of the rear wing depending on which direction the car is turning. It also does away with heavy hydraulic rams in favor of electric motors to accomplish the active part. The car also gets a more powerful 5.2-liter V10 (around 30 more horsepower for a total of about 630), a weight reduction of about 90 pounds, upgrades suspension, stickier tires, and a retune of all electronic systems like those governing the transmission, ABS, traction control, and stability control. We'll bring you the full details on this monster Lamborghini track machine from Geneva in March. In the meantime, prepare yourself for a little Lambo that's quicker than its big brother – and pretty much every other production car out there. Related Video: Featured Gallery 2018 Lamborghini Huracan Superleggera Spy Shots View 12 Photos News Source: Motor Trend Lamborghini Technology Coupe Performance Supercars confirmed lamborghini huracan superleggera