Justin Bieber was spotted rolling around Los Angeles in his recent birthday gift from P Diddy; a white Lamborghini Gallardo Spyder! Justin was out with his friend Sean Kingston getting frozen Yogurt.

P Diddy had previously promised Justin the keys to his Lamborghini when he turned 16 and although Bieber told People Magazine in March that he thought Diddy was full of shit, looks like he spoke to soon! Usher also gifted him with a brand new Ranger Rover when he turned 16 on March 1st as well.

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[Source: Nitrobahn.com, DailyMail.co.uk]

The brand new McLaren MP4-12C made it’s public world debut last week (July 2-4, 2010) at the 2010 Goodwood Festival of Speed. Jenson Button (current F1 World Champion) and Lewis Hamilton (2008 F1 World Champion) entertained the crowds by driving an Orange McLaren Validation Prototype MP4-12C up the Goodwood Hill. In addition to the Validation Prototype on hand, it was also complimented by a MP4-12C rolling chassis which exposes the car’s frame and beautifully crafted carbon fiber tub. McLaren will start to ship out their new supercar from their factory in Woking, England next summer!

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[Source: YouTube.com, NewYorkTimes.com]

RIP “Alexander Djordjevic. Famously known online as ‘VRAlexander’, Alex was a true motorsport enthousiast and a rockstar entrepreneur.

VRAlexander had a tragic accident at the 1st Annual Spectre 341 Challenge hill climb road race event this past weekend (June 26, 2010) in his Porsche 996TT. Very few facts are available at this time, however speculation and rumors suggest there might have been an engine fire failure coupled with a accident involving the non guardrail cliff.

VRAlexander Pictures and Video Links
MadWhips CGT Pictures – VRAlexander
PhotoBucket Photos – VRAlexander
YouTube Videos VRAlexander

UPDATE (6-29-2010): Associated Press

VIRGINA CITY, Nev. — A Las Vegas race car driver was killed when his Porsche slid off a curvy, mountain highway that had been closed to traffic for a sanctioned against-the-clock race.

Alexander Djordjevic, 37, died Saturday afternoon while competing in the Speed by Spectre 341 Challenge near the historic mining town of Virginia City, Nevada Highway Patrol Trooper Chuck Allen said Monday.

Djordjevic was wearing a seat belt and helmet. But Allen said his silver 2001 Porsche 911 Turbo was traveling at an “extremely high rate of speed” before it rolled down the embankment off state Highway 341, known as Geiger Grade, which connects Reno to Virginia City, around 4:50 p.m.

The sponsor, Spectre Performance, billed the race as pitting “the world’s fastest street cars against the clock in a full throttle blast up a mountain road.”

Djordjevic told KTVN-TV of Reno before the race that it was a “challenge to yourself and your street car to do well.”

The 5.2-mile stretch of highway was closed during the race, Allen said. The company secured the necessary state permit along with approval from Lyon and Storey counties, he said.

UPDATE (6-28-2010): Spectre Performance – Official statement

“After two days of fun and excitement, the 341 Challenge suffered a tragedy when VRAlexander was killed in an accident when he went off course.”

Alex came from an entrepreneurial background. Over the years, Alex had secured several patents and founded/co-founded dozens of business ventures. His rockstar entrepreneurial status was gained by 7 different corporations owned under his VC company stem from early Silicon Valley start ups to Vegas Casino, restaurant and bar venues. Him and his custom cars have been featured in Magazines and TV programs such as ‘PINKS’ and ‘Supercars Exposed’.

His latest philanthropic venture was the creation of the US Military Charity; a non-profit charity dedicated to help US military troops re-integrate to civilian life from overseas duties.

VRAlexander and Valentino Balboni

VRAlexander and Will Smith

THE 1st ANNUAL SPEED BY SPECTRE 341 CHALLENGE

Spectre Performance announces hill climb road race challenge where the fastest street cars on earth will race up infamous Nevada Highway 341

When: June 25-26, 2010
Where: Nevada Highway 341, South of Virginia City, NV

Ontario, Calif. (Feb. 5, 2010) – Spectre Performance is proud to announce the return of road racing competition to one of the most infamous and challenging mountain roads in America – Nevada Highway 341 – for The 1st annual Speed by Spectre 341 Challenge. The race, scheduled for June 25-26, 2010, will pit the world’s fastest street cars against the clock in a full-throttle blast up a mountain road, which will be closed to the public for the event. The challenge will include Pro-Touring Street Machines, European Exotics, and Highly-Tuned Imports competing for a chance to be crowned King of the Hill.

The Speed by Spectre 341 Challenge is a rare opportunity to drive flat-out on some of the most aggressive and challenging mountain roads in the country, without the worry of oncoming traffic or law enforcement. The course is 5.2 miles long with 22+ turns, a 1,216-foot rise in elevation, steep drop offs and no guardrails! Vehicles must be street-legal and registered. Tires must be DOT legal with at least 3/32? tread depth and a minimum 100 tread wear rating. Qualifying is scheduled for Friday, June 25th. Racing is set for Saturday the 26th.

“We are always looking for ways to go faster, to prove our parts at maximum velocity,” says Spectre Performance founder Amir Rosenbaum. “We autocross and road race our muscle cars and set a 330mph Land Speed Record at Bonneville last year; but to this day one of the most demanding and exhilarating events I’ve ever participated in was the Virginia City Hill Climb. The Speed by Spectre 341 Challenge will bring that excitement back, but with the addition of muscle, exotic and import cars competing against each other it will be an incredible event. We are also very lucky to have FM3 Marketing onboard to ensure everything runs smoothly.”

The original Virginia City Hill Climb was founded in 1972 and ran through 2002. Rosenbaum holds the all time record for the event, running the course in three minutes, ten seconds in a modified Ferrari F40. The Speed by Spectre 341 Challenge will also include a Media Shootout, pitting magazine editors against bloggers and forum members in a project car challenge. Invites will be issued soon and more information will be posted on the website in the coming weeks.

Celebrating its 27th anniversary, Spectre Performance designs, manufactures and sells high performance hpR™ air filters, ProFab™ cold air intakes and automotive accessories engineered and tested in the most extreme conditions on earth for maximum performance, durability and style. Look for Spectre products at all major automotive parts stores and performance part retailers. To learn more about The Speed by Spectre 341 Challenge or to find a dealer near you, visit us online at www.SpectrePerformance.com or: Spectre Performance, 1720 S. Carlos Ave. Ontario, CA 91761 or call (909) 673-9800.

[Source: TeamSpeed.com Tribute Thread, Autogespot.com, Google Hosted News]

With the 2010 GUMBALL 3000 coming to the end of it’s journey (London, Amsterdam, Copenhagen, Stockholm, Montreal, Toronto, New York), the cars are due to arrive in Yorkville, Toronto this evening around 6pm and will be staying at the Hyatt. I will be on location to check out their 2nd last stop of the tour and snap some pics. Stay tuned for pictures coming to a MadWhips.com near you from Josh McRae who partied with the Gumballers last night in Quebec at Chez DegoBar and it looks just as crazy as I remember when I was last there 10 years ago

[Source: YouTube, Facebook]

Checkout this video of Jay Leno taking 1 of 3 Koenigsegg CCXR Pictures and Video for a drive and talking shop with Christian von Koenigsegg. The CCXR is a handbuilt Swedish supercar powered by a twin-supercharged V8. When run on E85 Biofuel the CCXR delivers 1018bhp and 782 ft-lbs of torque and can do 0-62mph (100km/h) in 2.9 seconds. Don’t forget to checkout the CCXR that Top Gear CRASHED!

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[Source: JayLenosGarage.com, Wikipedia.com]

[Source: YouTube.com]

There is much more involved in owning an expensive luxury sports car than just the price. The cost of insurance also plays a big part in how much you pay to own the car. Insurance providers consider such aspects as the cost of repairs, safety rating, risk of theft, safety features, and performance features, in how they set their premiums. So finding the best insurance coverage can be a daunting task for these cars. Below are the top 3 most expensive cars to insure:

1. Bugatti Veyron 16.4 Grand Sport: At a base price of $2,000,000 and only 150 produced, the Bugatti Veyron 16.4 Grand Sport is one of the most expensive and fastest cars in the world. It is an all-wheel-drive convertible that has an 8 Liter turbocharged W-16 Engine that has a power output of 1,001 hp at 6,000 rpm and torque of 922 ft-lbs at 2,200 rpm. It can accelerate from 0 to 62mph (100km/h) in 2.5 seconds. The Grand Sport can reach a maximum speed of 406 km/h with the hardtop, limited to 369 km/h with no roof, and 130 km/h with the soft roof. The more expensive features that one acquires then the more the insurance will cost. The average cost of insurance, depending on the features, is about $2943.78 per month.

2. Mercedes McLaren SLR Roadster: At a base price of $534,485 USD the Mclaren SLR Roadster is the fastest automatic car in the world with a top speed of 332 km/h and can accelerate from 0 to 62 mph (100km/h) in 3.8 seconds. Containing a 5.5 Liter AMG Supercharged V8 engine, it has a power output of 617 hp and 580 ft-lb of torque. The average monthly insurance premium is about $2,715.86.

3. Lamborghini Murcielago LP670-4 SV: At a price $450,000 and limited to 350 this will be the Murcielago’s final stage apperance before it’s phased out for a new model. The LP670-4 SV has a 6.0-litre V12 engine that has a power output of a 661 hp and 490 ft-lbs of torque which produces a 0-62mph (100km/h) time of 3.2 seconds. Lamborghini claims the SV can reach 342km/h with it’s optional smaller spoiler or 337km/h with the standard Aeropack wing. Depending on the features that are included, the price for insuring a new Lamborghini Murcielago can be around $2,863.03 per month.

If you are a sports car enthusiast, you understand the amount of time and money that is invested in these high priced powerful fast cars. The high insurance premiums not only reflects the value of the car, but also the high risk such as theft, damage that may require expensive parts replacement, and how expensive it would be if the car were in a accident. Increasing the car’s performance with a powerful engine and transmission also increases insurance premiums. As well, the acceleration rates and top speeds increase the likelihood of an owner speeding that could result in a car accident or a speeding ticket. The price of the insurance policy takes all of these risks into consideration which makes the insurance expensive. Due to the price and features, insurance companies calculate insurance premiums in a much different way than when insuring regular vehicles.

[Source: Wikipedia.com]

The new Lamborghini Gallardo LP570-4 Superleggera; Carbon Fiber, abundantly utilized in a masterpiece of Engineering. Checkout the latest and greatest teaser video (which was used by CEO Stephan Winkelmann at the Geneva 2010 unveiling) their latest lightweight beastly iteration of the Lamborghini Gallardo!

[Source: YouTube.com]

When I first saw this defaced and devalued Corvette I thought I had seen the epitomy of neglect, then Tariq uploaded some pics of a very dirty Bugatti Veyron in Dubai, then Vinay came back from Dubai with pictures of the worlds dirtiest BMW M6. Now these picture surface of the worlds most neglected Jaguar XJ220 in Qatar! This Le Mans Blue Jaguar XJ220 was Number 132 and has only 900km on the car… Also don’t forget to check the Worlds Ugliest McLaren SLR… Crazy!!

The same car photographed 6 years ago!

[Source: CrankandPiston.com]

Sculpture defies space, poetry transcends time describes the official Bugatti Galibier 16C teaser video! I love the concept photos which show it in Sang Bleu Veyron outfit as well as all black compared to the Type 57. Great video, love the James Bond removable dashboard watch, even though it is supergeek.

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[Source: YouTube, AutoBlog.com, AutomoBlog.net]

Check out this quick video and crank the volume as Motor Trend takes the Lamborghini Gallardo LP550-2 for a test drive! After that don’t forget to checkout the man himself having some crazy fun; Valentino Balboni Lamborghini LP550-2 Drift Video.

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[Source: YouTube.com]

Checkout this awesome video dubbed “the Jenson and Lewis Test” of Lewis Hamilton and Jenson Button driving the McLaren MP4-12C. Jenson and Lewis test drive two pre-production test prototypes at the Goodwood Motor Circuit, Southern England.

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[Source: YouTube.com]

In March 2010, Lamborghini announced the release of the Lamborghini Gallardo LP 570-4 Superleggera – a ultra light and powerful version of the latest Lamborghini Gallardo LP560-4.

Utilizing carbon fiber where they could (replacing glass windows with PCB, carbon fiber rear engine cover, rear diffuser, under body paneling, exterior mirror housings, door sills and the rear spoiler) they were able to reduce the weight by 88lbs to 2954lbs which makes it the lightest road legal Lamborghini. In addition to some AWD system tweaks and a re-tuned 5.2L V10 engine, it now delivers 570hp and 398 ft-lbs of torque (vs standard LP560-4 which has 552hp). The 2010 and can do 0-100km/h (62mph) in 3.4 seconds with a top speed of 202mph.

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PRESS RELEASE
Even more dynamic, lighter, more powerful and stunning – the Lamborghini Gallardo LP 570-4 Superleggera is the new top model in the Gallardo line-up. Its evocative “superlight” badge refers to a driving machine of true sporting character and describes a high-performance and lean automotive athlete. The Superleggera makes its entrance to continue the success of its predecessor, launched in 2007, of which Lamborghini produced and sold no less than 618 in just one year.

Compared with the already lean Gallardo LP 560-4, the weight of the Gallardo Superleggera has been trimmed by 70 kilograms (154 lb). The super sportscar from Sant’Agata Bolognese boasts a dry weight of no more than 1340 kilograms (2954 lb) – the lightest road-going model in Lamborghini’s range, and a new arrival in one of the most exclusive market niche segments.

One key factor is the exterior and interior components made from carbon-fiber. Carbon-fiber is ideal for the manufacture of sportscars as its use allows for weight reduction and improved mechanical features. The car’s performance is thus enhanced thanks to a better weight-to-power ratio and reduced total mass, which means that CO2 emissions are also lower. Lamborghini has been at the forefront in this material’s application for many years, and now the brand is extending its leadership even further.

The V10 power unit with 5.2 liters (317,6 cu in) of displacement generates 419 kW (570 CV*) in the Gallardo Superleggera. This puts the weight-to-power ratio of the new top model at only 2.35 kilograms (5.18 lb) per CV and guarantees breathtaking performance. The Gallardo LP 570-4 Superleggera handles the dash from zero to 100 km/h (0-62 mph) in 3.4 seconds and flies past the 200 km/h (124 mph) mark only 10.2 seconds later, ultimately reaching 325 km/h (202 mph). The engine with “Iniezione Diretta Stratificata” gasoline direct injection also boasts an impressive degree of efficiency. Its fuel consumption and CO2 emissions have been reduced by 20,5 percent compared to the previous model.

The Gallardo Superleggera is an uncompromising driving machine. Its running gear, with its mighty braking system, has a dedicated and exceptionally precise set-up, while its 19-inch wheels, Pirelli P Zero Corsa, clad in Pirelli sports rubber, are extremely light. The Lamborghini Gallardo LP 570-4 Superleggera brings a whole new meaning to the term “super sportscar”.

[Source: Lamborghini.com]

Checkout the ABT Audi R8 GTR video, the modified 5.2 FSI V10 R8 was unveiled at the 2010 Geneva Auto Salon. Limited to 25 iterations the ABT R8 GTR has 620bhp which delivers a 0-100km/h time of 3.2 seconds! and a 200km/h time of 9.9 seconds. Top speed is 325km/h (202mph). See other ABT modified vehicles here: ABT Tuning Pictures

Limited to just 25 vehicles, ABT have built the ultimate R8 based on the structure of the 5.2 FSI V10 production car.

[Source: GTSpirit.com]

Checkout CDC International’s latest kit, the Lamborghini Gallardo Reventon.

CDC brings you a body kit in the Lamborghini Reventon style. There are a lot of Glossy-Carbon components like air intakes, rear diffuser and spoiler sword. The Side Skirts, rear apron and front apron is available in Carbon and in Fiberglass. The parts are a MADE in GERMANY and IMMEDIATELY Available. Engine Upgrade to 800 HP, Exhaust systems, thread chassis and interior finish in Carbon and leather, all colors.

[Source: CDC-International.eu]