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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. 

Twin-turbo Lamborghini ignites at 250 mph

Yesterday we covered a crash at the Unlimited 500+ drag race in Moscow, featuring a Nissan GT-R, but today brings better news: a Lamborghini Gallardo making 2,005 horsepower successfully went 250 miles per hour on the one-mile strip in 23.9 seconds without crashing. That's the good part. The bad part is the single-serving supercar burst into flames immediately after it crossed the finish line. Fortunately the driver was able to quickly bring the Lamborghini to a stop and get out of the car, but we have a feeling it will need some engine work before it sees any more action. That and perhaps a new paint job.
Underground Racing tuned the Gallardo LP570-4 Superleggera's V10 to such an astronomical power output with the help of what sounds like twin-turbochargers (which is typical of UR builds). But despite the very impressive mile time, it's still hard not to feel sorry for the poor engine, which just couldn't take the pressure. Watch the 2,005-hp Gallardo reach 250 mph - then catch fire - in the video below.

Artist gives Lamborghini Huracan fierce rattle-can paint job

It is nearly impossible to make a car as flashy as a Lamborghini even more so, but Miami-based artist and car customizer Rich B Caliente did just that. Caliente recently unveiled a piece where he painted an Imperial stormtrooper helmet from Star Wars in a striking mixture of matte blues, silvers, and golds. Not long after, Caliente was contacted by an artist known only as ZEVIGG who saw the customized stormtrooper helmet and wanted the same treatment for his Lamborghini Huracan. "I asked him to give me a day to think about this project since it involved major amounts of time and effort, on top of that it had never been done before as far as color blending an entire car. After some careful thought, I felt confident that I could knock it out of the box even though it was a $200,000-dollar car I'd be using as my canvas," Caliente told DUB Magazine. Dubbed "Project Inspire", the work took place over the course of three days in a paint booth at Exclusive Motoring, a high-end customization shop in Miami. Using nothing but spray paint cans, Caliente hand painted the Lamborghini like a grafitti artist spraying an underpass. The mixture of paints gave the car a rich patina and provided a base on which the car's owner added his own personal artistic touches. The car's look was capped off by Vossen Precision Series wheels, which were painted to match the car, and a set of grippy Toyo Proxes to keep the powerful Lambo planted. Soon after completion, the car was driven at the Miami leg of the Bullrun Rally. It now resides with its owner in New York City, where ZEVIGG parades it around as a rolling piece of art. Related Video: News Source: Motor Trend, DUB Magazine, @raymondneice Weird Car News Lamborghini Ownership Coupe Supercars Videos paint huracan street art