In the early 1960s tractor manufacturer Ferruccio Lamborghini began to interest in development of fast cars. He already had cars productions Osca, Maserati and Ferrari, but none of them could fot his needs.
There are several theories about the reasons of Lamborghini firm foundation. All these versions can be reduced to a conflict between Enzo Ferrari (owner of Ferrari), and Lamborghini. The most popular version was told by Ferruccio Lamborghini’s son. He said that Lamborghini went to the factory to complain to Enzo Ferrari about the quality of one part in his car Ferrari 250 GT. Enzo sent back Lamborghini to his tractors, because he believed that Lamborghini wasn’t good in sports cars. Lamborghini went back to the factory and found out that the producer of many cars parts was the same as for Lamborghini tractors.
Ferruccio decided that his car will have engine V12 and hired talented engineer Giotto Bizzarrini, who had worked on Ferrari V12.
The prototype vehicle, known as the Lamborghini 350 GTV, was presented to the public at Turin auto show in 1963. Production version of the prototype (Lamborghini 350GT) was very successful.
The success of the model 350GT, was followed by no less successful model of Lamborghini 400GT, which brought enough money to develop the first supercar, the legendary Lamborghini Miura. This car prototype was shown by Ferruccio in November 1965 at Turin auto show, and a working version was presented in March 1966 at Geneva motor show. Miura had a great success, only in 1967 111 cars were sold and the company became well known around the world.
In 1971, Lamborghini once again surprised the world with a new revolutionary prototype Lamborghini Countach.
During the seventies, the successful sales of Lamborghini Countach allowed the company to bring profit.
But 1970s oil crisis reduced the demand for supercars and the company, among others, ran into financial problems. As a result, in 1978 the company declared itself a bankrupt. The italian court forced owners to sell the company. It was bought by brothers Mimram from Switzerland.
Then Chrysler Corporation bought the company.
In 1994, the Chrysler Corporation, due to financial difficulties sold the Lamborghini company to an investment group from Indonesia Megatech. For the same reason (financial problems), the company in 1998 again changed its owner, at that time it was Audi AG.
Lamborghini cars are among the most powerful, expensive and exclusive serial-manufactured cars.