Ferruccio Lamborghini
After the war he returned to his home near Modena in northern Italy and setup a small car and motorcycle repair shop. He soon realized that there was a desperate need for tractors in the agricultural area in which he lived. He found he could build about one tractor a month from derelict military vehicles. As Italy's economy grew demand for his high quality tractors started to grow. He began building his own tractor engines. His tractor business became very successful reaching a rate of over 400 a month in 1960. He soon looked at expanding the business and in 1960 began manufacturing heaters and air conditioning units for buildings as well as maintaining the tractor business. This too became very successful.
About this time Lamborghini started to get interested in developing a high performance car. He had owned Oscas, Maseratis and Ferraris but was always disappointed with them. Particularly their engines. There is a now famous story about how he was frustrated with problems he had with a clutch in a Ferrari (a Ferrari 250 GT), and went to visit Enzo Ferrari who's factory was nearby. Enzo had no time for a tractor manufacture and simply dismissed him. Lamborghini decided there was nothing Ferrari was doing he could not do better. He decided too build his own car with a V12 engine. For the design he found a very talented engineer named Giampaolo Dallara who had previously worked on a Ferrari V12 engine.
The new engine had 4 cams, a short stroke and 4 big bore valves per cylinder. It developed a surprising 350 HP. It was an all aluminum engine with a crankshaft supported by seven main bearings. These crankshafts were machined from SAE 9840 steel. The connecting rods (12) were of SAE 4340 steel. The pistons were of forged aluminum. Each pair of camshafts were driven by their own half engine speed sprocket and silent chain. This engine was really the prototype for all future Lamborghini engines. A body designed by Scaglione-Touring was used to house the engine.
The Lamborghini "350 GTV" prototype was shown to
the public on the Turin Auto Show of 1963. Sales started the
following year. The car was called the 350 GT. It was a complete
success. Over 130 were sold.The future of Automobili
Lamborghini looked very bright during the sixties. The 350 GT
was succeeded by the 400 GT and then the 400 GT 2+2.
The 350 GT and 400 GT 2+2 made the Lamborghini name known
throughout the world. With the funds coming in from these cars
and his successful tractor business Ferruccio allowed his
engineers to design and construction a new car - the Lamborghini
Miura. The Miura made the Lamborghini name legendary. It was a
car truly ahead of its time. It shocked even companies like
Ferrari and Maserati.
The Miura was first shown on November 1965 at the Turin Auto
Show by Ferruccio Lamborghini himself. Only the chassis was
shown at the show, the engine was transversely mid-mounted,
something up to then only seen in real F1 race cars. The design
of the body was executed by Marcello Gandini in less than a
year, and on the March 1966 Geneva Show it was completed and on
display. It looked even better than in Turin. The car was very
aggressively styled, and an appropriate name was chosen for it,
the Miura, a name taken from the ferocious Spanish fighting
bulls. Again the car was a complete success.
This was followed in 1973 at the Geneva Auto Show when
Lamborghini shocked the world again with his revolutionary LP400
Countach. Only a prototype was shown. Today it is difficult to
realize the impact that car had on everybody at that time. Even
now the car is a show stopper! The car at the show was painted
in a bright red and with a black suede interior. It showed for
the first time, the by now, famous, Lamborghini signature swing
up doors. It also displayed unique vertically mounted rear air
intakes to go with its powerful 4 Liter engine.
In 1974 disaster struck. The Lamborghini tractor
business received a major setback.
A massive order for tractors
to a south American country was cancelled. Lamborghini
anticipating the demand, had previously upgraded the tractor
factory to be able to build the numbers of tractors required.
The company lost a lot of money over it. Compounding things also
at this time was a series of labor problems at the factory.
While his personal fortune was still considerable he decided to
sell part of his share in the factory. Eventually the factory
was taken over by Fiat.
During the seventies the company survived on sales of
Miura's. The car business started to be self sufficient and make
money. However Lamborghini eventually sold all his
remaining stock in the company to a Swiss investor. The
company to this day still retains his name however.
Ferruccio Lamborghini died in February 1993 at the age of almost
76
The oil crisis of the 70's started to made sales of high
performance cars difficult. Production art the factory was
plagued with budget and parts supply problems. People gave
up waiting for cars with two year back orders. A wealthy
Canadian, Walter Wolf, played a major role is supporting
Lamborghini and developing the Countach during these difficult
times.
In 1978 the company declared bankruptcy. An Italian court was
appointed to find a buyer. A Swiss based group called the
Mimran brother's were able to save the factory. Patrick Mimran
(one of the brothers), in 1980 started to turn the company
around. The Countach was developed further under him from the
LP500 S right up to the impressive QuattroValvole. .
Just as things were going well, the Mimran brothers sold the
company to Chrysler Corporation. This was a big surprise
at the time. Chrysler support however was just what the
company needed at that time. They were working on a Countach
successor -- the Diablo. Chrysler kept the winning team
together in Italy. While the cultures of the two companies were
different and things got stressful between the management
groups, they did succeed in bringing the vast resources of
Chrysler to bear on the design, pollution controls, and
new manufacturing techniques etc. for the new car.
Again the result was an outstanding success. The new
Lamborghini Diablo got rave reviews everywhere it went.
However in another twist of faith, in 1994 Chrysler fell upon
hard times and had to sell the company. It was bought by an
Indonesian investment group headed by Tommy Suharto of the well
known Suharto family. Unfortunately in the late 90's an
economical crisis started to hit the Indonesian owners hard and
the much needed money for research on a successor to the Diablo
started to dry up.
Fortunately the German company Audi had an interest in
Lamborghini. On August 4 1998, in a complex series of transactions
Audi AG became the sole owner of Automobili Lamborghini. As in
the case of the Chrysler buyout, this could not have been a
better time for Lamborghini. Audi took an active role in
designing the Murcielago and brought to the table again the vast
resources of a major automobile company to develop and produce
another exotic car.
Lets hope this is the last chapter of ownership changes in
this unique little Italian car company. It is to the
credit of the people there that they have hung in to all the
changes of ownership they have experienced over the years and
yet produce.
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