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Lamborghini Gallardo LP570-4 Blancpain Edition

Lamborghini might have spent the last few weeks teasing us about a new ten-cylinder supercar concept that it will unveil at the 2010 Paris motor show, but it’s just released pictures of another V10-engined supercar. Called the Lamborghini Gallardo LP 570-4 Blancpain Edition, it’s essentially a limited edition version of the hardcore Superleggera. That’s right.

Underground Racing Lamborghini cracks 250 mph--watch the video here

Earlier this year, we told you about Underground Racing, a shop in Charlotte, N.C., that makes a business out of upgrading Lamborghinis with twin turbochargers to boost engine output to more than 1,000 hp. Now, a Lamborghini Gallardo Superleggera upfitted by Underground Racing cracked the 250-mph mark at the Texas Mile event. Car owner Richard Holt made the 250.1-mph run in late March, but video was posted just this week.

How well is Ferrari really doing? Results analysed

Ferrari seems to be holding up well in the global recession, according to figures announced this week. Its market share is up, consolidated revenues fell just 7% in 2009 and overall operating profit stood at a juicy €245m. Not a bad performance in the biggest economic downturn for generations.Ferrari operates in the upper echelons of the premium sports car market: serious stuff with at least 450bhp and a minimum €140,000 price tag.