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Audi reportedly shoots down $9.2 billion investor bid for Lamborghini

Volkswagen is open to divesting some of the brands in its portfolio, but it hasn't put a "for sale" sign on in front of Lamborghini's lawn yet. The firm allegedly shot down a big offer for the brand from a group of investors. Quantum Group SA, a newly-established holding company based in Zurich, Switzerland, made the non-binding offer in May 2021, according to anonymous sources who spoke to WardsAuto. The publication adds the group is ready to spend 7.5 billion euros (around $9.2 billion at the current conversion rate) to buy the entire Lamborghini division from Audi. The sale would include the brand, its intellectual property (like its trademarks and patents), its historic factory in Sant'Agata Bolognese, and its racing division. Full details about the proposed acquisition were closely examined by top Volkswagen executives, including company CEO Herbert Diess and Audi boss Markus Duesmann. While the offer sounds like it's neatly packaged, Volkswagen replied that it's not having a garage sale. "Lamborghini is not for sale. This is not the subject of any discussion within the group," a company spokesperson told industry trade journal Automotive News. These comments are in line with the ones made in December 2020. Quantum's aim wasn't to sever all ties with Volkswagen. It planned to turn Lamborghini into "a spearhead for innovation by consistently implementing new clean drivetrain technologies" across the range, a strategy that's already in the pipeline; Lamborghini announced it will electrify in the 2020s and launch its first series-produced EV. Investors also hoped to sign a five-year supply agreement with Audi, and to create what they called an Advanced Automotive Innovation Center headquartered somewhere in Lower Saxony, the German state Wolfsburg is in. In late 2020, when rumors about an imminent Lamborghini spin-off were rampant, Volkswagen stressed it had no plans to sell the Italian supercar manufacturer or to find a new home for Ducati, which Lamborghini owns. Unverified reports claim a chunk of the company could be listed on the stock market in a bid to raise revenue, however. Bugatti is another part of the Volkswagen empire that Diess and his team allegedly wanted to trade in to fund the group's pivot towards electric powertrains. In September 2020, reports claimed top executives had approved swapping the storied French carmaker and its assets for a significant stake in Croatia-based Rimac that would be transferred directly to Porsche.

Lamborghini takes Veneno out to play on wet Vallelunga [w/video]

With only four examples in existence, you're not very likely to ever see a Lamborghini Veneno roaming your local highways and byways. That's what makes this clip a little out of the ordinary.
Lamborghini brought the super-rare supercar out to the Vallelunga circuit near Rome for the World Finals of its Super Trofeo series, where, incidentally, American driver Andrew Palmer beat out the competition from Europe and Asia to claim the world title. Prospective buyers for the even more expensive Veneno Roadster were taken for laps to give them a taste of what to expect, because with no roof whatsoever, the open-top supercar wouldn't be our choice for a drive in the rain.
Lambo also brought out the Sesto Elemento, the previous release from the company's new prototype development center, to play on the wet track alongside the anthracite Veneno that remains the company's property. Check out the action in the image gallery above and the video below.

Get a closer look at the 830-horsepower Lamborghini SCV12 track car

Lamborghini has just released a set of photos and video of its upcoming SCV12 hypercar, giving us a clearer look. The track-only machine does look similarly sized to the Aventador, but it apparently doesn't share much with the road car. The closest relation is has to the Aventador is the use of a naturally aspirated V12 engine. But this one is the most-powerful naturally aspirated V12 ever built by Lamborghini. It makes 830 horsepower, and that's partly made possible by the car's aerodynamics and intake manifold. The car features a huge roof intake scoop, and the hood has several vents that channel air to the scoop. At speed, these components create a supercharging effect, pushing more air into the engine than what it would pull in naturally. The engine is connected to a six-speed sequential transmission and powers only the rear wheels. Previous reports have mentioned the SCV12 will get a trick limited-slip differential. The SCV12's chassis and aerodynamics have other impressive details. The car produces more downforce than a GT3-class race car thanks to its huge custom carbon fiber rear wing and array of dive planes and splitters. Lamborghini says the SCV12 uses a unique carbon fiber chassis that uses other components such as transmission as structural members. The rear pushrod suspension is actually partly connected to the transmission. The SCV12 also features magnesium wheels wrapped in slick Pirelli tires specific to the Lamborghini. Besides the car, buyers of the SCV12 will also get to participate in a variety of driving programs and famous racetracks and get coaching from five-time Le Mans winner Emanuele Pirro. Technical support will be provided by Squadra Corse. Details such as pricing and number of units have yet to be revealed, but we won't have long to wait as Lamborghini will unveil the car later this summer. We wouldn't be surprised if the car costs well into the seven-figure range. Previous reports have suggested only 40 will be built. Related Video: