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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 trying its best to keep new Cabrera under wraps

The Gallardo was far and away Lamborghini's most successful model. Over the course of ten years, the Bolognese automaker sold some 14,000 of them. As the Gallardo has now reached the end of its production cycle, Lamborghini is hard at work developing its replacement, and these are the latest spy shots of the work in progress.
Now wearing swirly camouflage instead of the flat-black wrap spied on previous prototypes, this latest version is our best glimpse yet at the supercar expected to be called Cabrera. Despite the more disguising wrap, though, the contrast between bodywork and air vents is more evident - particularly between the side window and the rear wheel, where this prototype appears to be sporting a panel similar in appearance to the "side blade" on the Audi R8 (with whose replacement the Cabrera is expected to share much). However, this is more likely a bit of disguise to throw us off the scent. Don't be thrown by the headlamp treatment, either. It may look like a Photoshop product, but our photographers on the ground tell us these translucent screens are just another diversion - as if you couldn't tell this was a Lambo from a mile away.
As for technical details, we're still expecting a reworked version of the outgoing model's 5.2-liter V10 driving all four wheels, only retuned to the tune of 600 horsepower. A dual-clutch gearbox (similar to the excellent unit newly installed in the R8) is tipped to transmit the power instead of the six-speed manual or robotized gearboxes in the outgoing Gallardo or the rapid but unrefined ISR transmission in the Aventador. Expect weight to be trimmed thanks to Lamborghini's further experimentation with carbon fiber production techniques, helping the Cabrera do better than hold its own with newer, fresher competition like the Ferrari 458 Italia and McLaren 12C.

Watch this 1,000-mile Lamborghini Espada road trip

The Lamborghini Espada was four-passenger GT built by the Italian automaker from 1968-1978. While some may consider its appearance ungainly, a 60-degree, 4.0-liter V12 fed by Weber carburetors generated 350 horsepower, enough to give the 3,600-pound two-door spirited performance when compared to its peers. Making the driving experience even more engaging was its standard rear-wheel drive, a slick five-speed manual gearbox and a lack of power steering (the automaker offered an automatic and power steering on later models).
Whether or not you are a fan of this unique four-seater or its era, this Evo magazine video of editor Harry Metcalfe touring France as he makes his way along the epic Route Napoléon (today, part of a 200-mile section of Route Nationale 85) is worthy of its 19-minute run time - if not for just the sound of the wailing twelve-cylinder engine.
The mountain portions are simply spectacular, and Metcalfe does his usual excellent job narrating as he joyfully coaxes the GT's narrow tires (205/70-15) around each corner, calling the Lamborghini a "four-wheel drift machine," but actually preferring its high-speed capabilities. We particularly enjoyed his fuel stop, explaining the odd top-off procedure, as well as his early morning pre-flight when he realized that the Lamborghini had been running on only 11 cylinders during the previous day's segment. Watch the joy in the journey below.