![]() ![]() Due to the ongoing disagreement with engine designer Giotto Bizzarrini, a working powerplant was not available for the prototype car in time for the show. Lamborghini designed and built the 350GTV in only four months, in time for an October unveiling at the 1963 Turin Motor Show. The design penned by Franco Scaglione of the 350GTV was not very well received hence necessitating a redesign The body was styled by the then-relatively unknown designer Franco Scaglione, who was selected by Ferruccio Lamborghini after passing over highly regarded names including Vignale, Ghia, Bertone, and Pininfarina. The first Lamborghini chassis design was penned by Italian Giampaolo Dallara of Ferrari and Maserati fame, together with a team that included Paolo Stanzani, then a recent college graduate and Bob Wallace, a New Zealander who was known at Maserati for his keen sense of chassis handling and excellent feedback and developmental skills. Lamborghini did not fully compensate the designer until ordered to do so by the courts, a terrific irony considering variants of Bizzarrini's V12 design were used by Lamborghini automobiles for nearly half a century, from 1963 to 2010. Lamborghini was displeased with the engine's high revolutions and dry-sump lubrication system, both characteristic of the racing engines he specifically did not wish to use when Bizzarrini refused to change the engine's design to make it more "well-mannered", Lamborghini refused to pay the agreed-upon fee of 4.5 million Italian lire (plus a bonus for every unit of brake horsepower the engine could produce over the equivalent Ferrari engine). The engine Bizzarrini designed, known today as the Lamborghini V12, had a displacement of 3.5 litres, a 9.5:1 compression ratio, and a maximum output of 365 PS (268 kW 360 hp) at 9,800 rpm. Autostar was led by Giotto Bizzarrini, a member of the "Gang of Five" of Ferrari engineers, who had been responsible for creating the famous Ferrari 250 GTO, but left the company in 1961 after founder Enzo Ferrari announced his intention to reorganise the engineering staff. Lamborghini wanted the engine to have a similar displacement to Ferrari's 3-litre V12 however, he wanted the engine to be designed purely for road use, in contrast to the modified racing engines used by Ferrari in its road cars. Prior to founding his company, Lamborghini had commissioned the engineering firm Società Autostar to design a V12 engine for use in his new cars. New products and model lines were introduced to the brand's portfolio and this increased productivity for the brand.ġ963–1972 – Ferruccio Lamborghini Early 1950s – Start-up and 350GT The Lamborghini V12 engine, designed by Giotto Bizzarrini found its use in Lamborghini Automobiles for over 50 years In 1998, Mycom Setdco and V'Power sold Lamborghini to the Volkswagen Group where it was placed under the control of the group's Audi division. After replacing the Countach with the Diablo and discontinuing the Jalpa and the LM002, Chrysler sold Lamborghini to Malaysian investment group Mycom Setdco and Indonesian group V'Power Corporation in 1994. Patrick Mimran sold Lamborghini to the Chrysler Corporation in 1987 for US$25 million. Under his management, Lamborghini's model line was expanded from the Countach to include the Jalpa entry-level sports car and the LM002 high performance off-road vehicle. As CEO and President, Patrick Mimran invested heavily in the company's expansion, and was later credited as being the man who saved Lamborghini. The company went bankrupt in 1978, and was placed in the receivership of brothers Jean-Claude and Patrick Mimran in 1980, who purchased the company for US$3 million, renaming it Nuova Automobili Lamborghini SpA. Ferruccio Lamborghini sold ownership of the company to Georges-Henri Rossetti and René Leimer and retired in 1974. ![]() Lamborghini grew rapidly during its first decade, but sales plunged in the wake of the 1973 worldwide financial downturn and the oil crisis. Lamborghini gained wide acclaim in 1966 for the Miura sports coupé, which established rear mid-engine, rear wheel drive as the standard layout for high-performance cars of the era. ![]() The company's first models were introduced in the mid- 1960s and were noted for their refinement, power and comfort. Italian manufacturing magnate Ferruccio Lamborghini founded the company in 1963 with the objective of producing a refined grand touring car to compete with offerings from established marques such as Ferrari. Lamborghini's production facility and headquarters are located in Sant'Agata Bolognese, Italy. is an Italian brand and manufacturer of luxury automobiles. Lamborghini Countach LP5000 QV, Lamborghini Diablo SV and Lamborghini MurciélagoĪutomobili Lamborghini S.p.A. ![]()
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