Last Updated on June 8, 2023 by Victor A
Ownership of Lamborghini has changed hands many times since its founding back in 1963. At present, Lamborghini is owned by Audi. And if you want to find out who were their previous owners and when and how it was acquired, you may want to continue reading.
Note that Lamborghini plays in a very competitive field. Luxury sports cars are a segment where companies throw huge amounts of money on development and on continually improving their design, the fact that the company found long-term stability with Audi is a sign that they might stick together for a while.
History and Previous Owners of Lamborghini
Lamborghini was founded in May 1963, Sant’Agata Bolognese, Italy, by Ferrucio Lamborghini.
Ferruccio Lamborghini was a designer, mechanic, engineer, inventor, and businessman who made most of his wealth from the creation of tractors.
The birth of the company Lamborghini was sparked after an argument with Enzo Ferrari after Ferrucio complained about his Ferrari 250 GT.
The company went through rapid growth until the 1973 financial downturn and the oil crisis, which forced Ferrucio Lamborghini to sell his company to Georges-Henri Rossetti and René Leimer.
In 1978 the company went bankrupt, but Jean-Claude Mimran and Patrick Mimran purchased Lamborghini as receivership in 1984. The Italian automaker line-up grew significantly due to the heavy investment and the effective management of the Mimrans.
Then, in 1987 the Chrysler Corporation purchased Lamborghini. They kept the company for 7 years, where they discontinued the Lamborghini Jalpa and the LM002, Lamborghini’s first SUV. In 1994 they decided to sell the company to an Indonesian group called V’Power Corporation and to a Malaysian investment group called Mycom Setdco.
Their ownership of Lamborghini was brief as they sold it to the Volkswagen Group in 1998 where Lamborghini was placed under the control of the Audi division.
1998 – Present, Lamborghini is owned by Audi
Their most successful era has come through the Audi ownership, where Lamborghini has introduced successful models and has greatly increased brand value.
The Lamborghini Urus made the company even more successful, from 2003 to 2013, they sold 14,022 vehicles, while the Urus only needed two years after release to completely shatter that record. They built the 15,000th Urus in 2021.
Today, the company is headquartered together with its main production site in Sant’Agata Bolognese, Italy. And in 2011, Lamborghini was structured so it become a subsidiary of Audi AG and was named Automobili Lamborghini S.p.A.
As you might have heard, in 2021 there was an important offer to buy Lamborghini. Quantum Group and Centricus Asset Management, offered $9.2 billion (7.5 billion euros) to purchase Lamborghini, but the Volkswagen Group rejected the offer and expressed that Lamborghini is not for sale.
In our opinion, Lamborghini is in good hands, it is clear that Audi knows what they are doing, the brand keeps on increasing in value, new models are being rolled out, and there are plans in the near future to launch EV models.