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1971 Lamborghini Countach LP prototype 500 lives again

On March 11, 1971, Lamborghini unveiled the Countach LP 500 prototype at the Geneva Motor Show on the Carrozzeria Bertone stand. Lamborghini had also brought the reworked Miura P400 SV to the show, and believing it would be the star, had placed the Miura at its own stand and dispatched the Countach to the design house stand. Admittedly, Lamborghini had done the same thing in 1966 when the Miura debuted in Geneva. The Countach ruled the 1971 show and was soon on magazine covers around the world. The Italian house spent three years developing the prototype for production, putting the Countach LP 400 on sale in 1974. The prototype sacrificed its life during crash testing for the production model. Now the prototype is back, or the best facsimile thereof. Lamborghini says "an important collector" approached the firm in 2017 asking if they could recreate the yellow shock that started the 50-year craze for V12 engines and scissor doors. That customer might have got his idea from the 1971 Miura P400 SV prototype that Lamborghini restored in 2017 using archival documents. So the automaker's classics division, Polo Storico, went back to the archives for drawings, documents, meeting notes and pictures; interviewed people who were there at the time; and contacted suppliers like Pirelli for an updated version of the Cinturato CN12 and paint maker PPG for the Giallo Fly Yellow Speciale color. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. It took 2,000 hours for the design house, Lamborghini Centro Stile, to reproduce the bodywork, all of it hand-beaten as it was in 1971. It took more than 25,000 hours to recreate the entire coupe with parts that were either original, restored, or fabricated from scratch ranging from the platform frame (instead of the tubular frame in the production car) to the partially electronic instrumentation. Lamborghini didn't mention the engine, though. The prototype contained a 5.0-liter V12; the production model downsized that for a more reliable 4.0-liter unit. We'll guess a collector committed enough to pay for 25,000 hours of Lamborghini work wouldn't compromise on the heart of the matter. Whatever's back there, it sounds righteous in the video.  The result is now on display in the concept class at the Concorso d'Eleganza Villa d'Este.

BMW Z8, Lambo LM002 sell for $192,500 apiece in Detroit [w/poll]

Think a car are a bad investment? That all depends on what kind of car you're talking about. Because while most cars depreciate in value as soon as you drive them off the lot, others can do even better than hold their value. The cars that appreciate tend to be pretty high-end exotics, but they don't have to be multi-million-dollar classics to command a premium at auction. Just look at the results from RM Sotheby's Motor City sale in Detroit this past weekend. The auction house moved a solid $7.4 million worth of metal, which is pretty impressive when you consider that – unlike events at Lake Como or Pebble Beach – not one of the lots dipped into seven figures. 1930s-era American classics performed the strongest, with Duesenbergs, Packards, Auburns and the like all fetching hundreds of thousands. But what intrigued us most were the European exotics that rounded the top ten results. Amidst the Depression-era American steel were a BMW Z8 from 2001 and a 1988 Lamborghini LM002, each of which sold for an equal $192,500. Hardly the highest figures paid for European exotics this year, but considering how much they were worth just a few years ago, they've proven solid investments. BMW only made 5,703 examples of the Henrik Fisker-designed retro Z8, of which only 2,543 were brought to the United States, where they originally sold for $128,000. The most anyone had ever paid for one at auction, according to Sports Car Market, was $184,082, just this past March at Silverstone. That makes the price achieved this weekend a new record for one of the slinkiest vehicles the Bavarian automaker has ever made, representing an impressive 50-percent increase in value over the course of fourteen years. This particular example – chassis WBAEJ13481AH60437 for those keeping track – is decked out in silver over black, with less than 15,500 miles on the odometer. This Rambo Lambo was produced early in the 301-unit production run, with the sought-after carbureted engine and 32,000 miles on the clock. It didn't set any records at the same price, other examples of the LM002 having traded over the past few years for over $200k. But considering that Sant'Agata originally charged around $120-130k for the SUV when it was new, its selling price still represents about 50-percent appreciation (leaving inflation aside).

Lamborghini Miura owner sues garage over million-dollar car-b-que [w/video]

Remember about a year and a half ago when a rare, classic Lamborghini Miura SV went up in flames in London? Its owner sure does. And he's not willing to write it off, pointing fingers squarely at the Lamborghini dealership in London for causing the fire. It may seem like a difficult case to make, especially since the Miura was not in the dealership's possession when the fire erupted – the owner's son was driving it, but he was driving it home from the dealer where it had been brought in for service. According to the suit filed by the vehicle's owner, billionaire property agent Jon Hunt, the mechanics at the dealership owned by high-end automotive group H.R. Owen must have improperly fitted the spark plugs during the Miura's service. Lamborghini's official dealership should have known better, says Mr. Hunt. That's why Hunt is suing the dealership to the tune of GBP700,000, equivalent to over $1 million at today's rates, plus storage costs and "loss of enjoyment." The vehicle – one of only 764 made – was evaluated at GBP900,000, but Hunt's suit deducts the GBP200,000 it was worth as scrap. We've included footage of the fire below, but it's not for the weak of heart when it comes to watching an irreplaceable classic supercar burning to the ground. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.