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Rare early Lamborghini Countach sells for record $1.2 million

Lamborghini may have made headlines with the highly exclusive, $4.5-million Veneno and the even more expensive Veneno Roadster that followed, but when it comes to classics sold at auction, their prices seldom approach the kind of figures attained by rare classics made by arch-rival Ferrari. Early 350 GTs and rare Miuras (like the SV prototype Gooding sold a few years ago for a record $1.7 million) have been known to breach the seven-figure mark, but now the Countach is making its way into the big leagues as well.
Pictured here is a rather exceptional early example sold by Bonhams in Connecticut last week. This 1975 Lamborghini Countach LP400 "Periscopica" - so dubbed for the unique rearview mirror fitted to the first 150 examples made - has just over 10,000 miles on the odometer. With flawlessly retouched Blu Tahiti (read: French racing blue) paint and an immaculate deep tan leather interior, the Periscopica was the subject of feverish bidding before selling for $1.2 million to a buyer present at the auction, beating out a dozen or so telephone bidders.
The record price for a Countach trumps the previous record, also set by Bonhams at the Quail Lodge last August, where another '75 Periscopica sold for $836,000. The rising prices surely reflect the coming of age for the Countach, now nearly 40 years since its introduction - particularly for the generation that grew up idolizing it as the prototypical supercar. Scope it out in the artful gallery of 76 high-resolution images above and the details of the auction below.

Lamborghini NA V12 swan song a track-only 830-hp Aventador SVR?

According to a poster on a McLaren Life forum and picked up by The Supercar Blog, Lamborghini is preparing a small-batch, track-only model to begin deliveries around 2021. At the end of last month, user Champagne612 wrote that he (or she) was "Going to spec next week and test drive the SVR V12 track version of AV." In the words of Champagne612, this Aventador SVR is the last hurrah for Lamborghini's naturally aspirated 6.5-liter V12, a flourish before hybridization becomes necessary on the brand's iconic powerplant. Supposedly, only 40 SVRs will be made, each one producing 830 atmospheric horsepower. That would give the SVR 60 more horses than the road-legal SVJ. Lamborghini's only made two other SVR models. In 1968, there was the one-of-one Miura Jota SVR, a customer-request Lamborghini brewed with a mix of outsourced parts. More relevant to this latest car, in 1996 Lamborghini built 31 examples of the Diablo SV-R — based on the Diablo SV — to form a one-make race series. It's not clear if the coming SVR will be just a customer track-day car, a la the new Porsche 911 GT2 RS-based 935, or if Lamborghini has larger plans, a la the Ferrari FXX-K program. The Sant' Agata brand has leaned even more into the customer racing vibe of late, with a Urus one-make series planned, and the customer-request, road-legal Aventador-based SC18 Alston unveiled last year (pictured). Based on that, there's chatter that an Aventador SVR could be a feint at the so-called hypercar class opening next year in the World Endurance Championship. The connection seems more than tenuous, but it's not impossible. Lamborghini CEO Stefano Domenicali said at the Goodwood Festival of Speed that the carmaker was perusing the hypercar regulations taking effect in 2020 until about 2025, and told Autocar that the SC18 Alston "shows that we have internal capabilities for such a [Le Mans] project." Those rules require a minimum weight of 1,100 kilograms, maximum combined output of 750 hp — an optional hybrid system can contribute no more than 270 hp — and a minimum of 20 production versions built over two years. Save for the fact that committed entries from Aston Martin and Toyota are much more slippery than any Lamborghini, the rules on paper put an Aventador-based model firmly in the mix, and unresolved regulations limiting downforce and mandating a minimum drag figure could inch an Italian competitor closer to the mark.

Lamborghini chief stands by V12s

Despite the push for fuel efficiency and low carbon emissions, the V12 is still a staple of high performance. Ferrari, Mercedes-Benz, Aston Martin, and yes, Lamborghini maintain fleets of these monstrous dinosaur engines. And for the final entry on that list, that's not going to change. Lamborghini CEO Stefano Domenicali sat down with Autocar and explained in no uncertain terms that his company will continue to offer V12s for the time being. "Our major customers and dealers around the world say: 'Please do not touch the V12'," Domenicali told Autocar. "So we will continue to work in that direction." But there's more than just customer demand driving Lambo's V12 loyalty. According to Domenicali, the company's niche is small enough to weather V12-ruining storms. "In the short term, there is still a lot of development potential in the V12," Domenicali told Autocar. "Of course, we need to understand what the market is doing in terms of emissions and legislation, but I don't see that will be a problem. We are always very open to how the market might evolve." That evolution, lately, has tended toward electrification. The flagship of Lambo's arch-nemesis Ferrari pairs a 12-cylinder engine with a hybrid system for blistering performance. Then there's the stuff happening with the V8-powered Porsche 918 Spyder and McLaren P1. These three hybrids are in an entirely different and more potent performance (and price) class than Lamborghini's hottest model, the Aventador LP750-4 SV. Hybrids are the future of performance, for Lamborghini included... Eventually. "We cannot be disconnected to the world of the future but we want to be balanced," Domenicali said. "We need to make sure that as soon as the technology of electrification is relevant to our car at a cost level, and will add value, we are flexible to shift in that direction." Finally, Domenicali addressed advanced connectivity systems while parrying Autocar's question about autonomous vehicles. "If you own a Lamborghini, you want to have the passion of driving it and we need to keep that. But new technology could have some relevance to the driver. For example, if you are on a race track, you could have a head-up display which shows you how to maximize your performance [around a corner], using the telemetry we have now," Domenicali told AC. "That's an approach where I see that technology could be very useful for our customer." Related Video: