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Surviving Countach from 'The Wolf of Wall Street' headed to auction

The Lamborghini Countach’s rarity and status as the bedroom wall poster car of the 1980s has made it exceedingly valuable as a collectorÂ’s car. That said, a few examples of the car have risen above the rest as incredibly rare and expensive, and one of these super-special Lambos is headed to auction in December. RM SothebyÂ’s recently announced that it would auction a 1-of-12 white Countach that starred in "The Wolf of Wall Street." The 1989 25th Anniversary Bianco Polo Countach is one of two cars used in the film, but the other was badly damaged during production. With its U.S.-spec bumpers and Bianco (white) interior, the car is considered exceptionally valuable – at up to $2 million by some estimates. The damaged car still wears its scars, but SothebyÂ’s pointed out that the Countach in its auction sustained no damage during filming. The location and current condition of the other Countach are unknown, but as far as we can tell, no one has attempted to restore or auction it in the years since filming.  This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. With a 5.2-liter V12 under its rear hatch, the Countach was like something from outer space at the time. That sizable powerplant made 449 horsepower and 370 pound-feet of torque when new, which reached the rear wheels through a five-speed manual transmission. Its performance isnÂ’t all that impressive by todayÂ’s standards – it takes around 5 seconds to hit 62 mph (100 km/h) from a standstill. The 190 mph top speed is quite stout, but the CountachÂ’s appeal is about more than its specs. From its debut in the early 1970s, the Countach has commanded the imaginations of car enthusiasts, young and old. Many of us grew up in the 1980s with the car plastered on our bedroom walls, and its staggering 26-year production run is the stuff of legends. The 25th Anniversary models had styling touches designed by Horacio Pagani, and this car is breathtaking, even with its goofy U.S. bumpers — safety regulations here required the addition of awkward bumper guards on the carÂ’s nose. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Lamborghini struggles to cap its own production to maintain brand exclusivity

Lamborghinis, Ferraris, Bentleys, and so on demand high prices, and that's not just because you’re buying incredible performance, technology and luxury. YouÂ’re also buying exclusivity. Recently, however, Wall Street and shareholders have been pressuring supercar makers to produce more cars and yield more profits. The problem is that higher production volume compromises exclusivity and dilutes the brand. So while LamborghiniÂ’s shareholders want the company to produce more cars, executives are seeking to impose limits and cap production. "We must not go on growing forever. We now have to consolidate these results and preserve exclusivity," Lamborghini CEO Stefano Domenicali told reporters at an event inaugurating the companyÂ’s newest paint and body shop at the SantÂ’Agata Bolognese plant in Italy. The execs are having limited success, however, as the company announced that it plans to sell more than 8,000 cars this year, which is “the right dimension of our company with our current product portfolio,” Domenicali said. A run of 8,000 cars would be an increase of 39 percent from 2018's total of 5,750 new Lambos. It has been a strong decade for Lamborghini; a mere 1,302 vehicles were sold back in 2010. However, that goal of 8,000 could swell to around 10,000 cars, depending on whether the company adds another model to its small lineup. Such a case would have to be deliberated among shareholders. Lamborghini saw considerable growth in the first quarter of this year, likely attributed to the launch of its Urus SUV. So far, analysts are forecasting an increase in revenue to around 1.7 billion euros, or $1.92 billion USD, up from 1.42 billion euros or $1.6 billion USD in 2018, said Chief Financial Officer Paolo Poma. At the same event, Lamborghini confirmed that an electric supercar is not in its future at this time as “customers are currently not interested,” Poma said. However, Lamborghini is indeed seeking to add hybrid vehicles to its lineup by 2025, as itÂ’s pressured to lower CO2 emissions and meet future mandates. The Urus is expected to be one of the cars receiving a hybrid powertrain, as it is not planned to get a V10 or V12 engine.

Instructor's death at Disney racetrack 3rd in past year [w/video]

For his 24th birthday, TaVon Watson wanted a thrill ride, so he headed to the Exotic Driving Experience track at Walt Disney World. With instructor Gary Terry by his side, Watson raced a Lamborghini around the one-mile course until he lost control of the sports car and slammed into a guardrail. Terry, 36, was killed. "It's not the kid's fault. It's a freak thing that happened," said Timothy Horvath, a Terry family friend. As for Terry, "if he thought he was in any danger, he wouldn't have done it." It was at least the third death in the past year at speedways in the US that allow customers to get behind the wheel of a fast car. Last September, an Indiana man was killed in a crash at the Rusty Wallace Driving Experience at Kentucky Speedway, and a New Jersey woman died at the Wall Stadium Speedway in New Jersey. Watson had paid under $400 for the chance to drive the Lamborghini Gallardo LP570-4 Superleggera, which sells for around $240,000. He failed to maneuver the high-powered vehicle through the course while driving about 100 miles per hour, and the passenger side struck the guardrail, according to the Florida Highway Patrol. Terry died at the scene. Watson was treated at a hospital and released. Both Watson and Terry were wearing helmets and lap and shoulder belts, said Sgt. Kim Montes, a spokeswoman for the Florida Highway Patrol. Watson doesn't face any traffic charges since the accident took place on a closed track, and there are no indications he was doing anything criminal, authorities said. Investigators from the federal Occupational Safety and Health Administration are looking into what happened. OSHA spokesman Lindsay Williams said the agency hadn't previously investigated Petty Holdings, the company that operates the track. Terry was a former racecar driver and was also senior operations manager at the tourist attraction. Working there was his "dream job," Horvath said. Watson, a hotel bellhop, didn't respond to emails or an inquiry via Facebook. He didn't have a phone listing. On his LinkedIn profile, he described himself as self-motivated, professionally mannered, humble and "a very quick learner." He told authorities he had been at the Exotic Driving Experience before. A spokeswoman for Petty Holdings wouldn't comment on whether the Lamborghini had any special safety devices like those provided in a driver's ed car, and Montes said investigators had yet to examine the Lamborghini.