Lamborghini was founded in 1963 with a northern-Italian guy named Ferruccio Lamborghini, who had previously served as a mechanic in the Italian Royal Air Force during the Second World War. His earliest business ventures found him construction tractors with leftover materials from wartime armoury supplies for a business he named Lamborghini Trattori S.p.A. His success in the agricultural sector meant that his company became one of the biggest suppliers of farming equipment in all of Italy. Efore long Lamborghini was branching out into different areas, such as gas heating and air-conditioning manufacture.
Lamborghini’s new found wealth led him to purchase many sport automobiles, but he entered the business after making a complaint about one of the Ferraris he bought. In response to his concern He had been advised that as a tractor maker he was uneducated in sports car designs and therefore unable to make such a decision. This insult caused him to act decided that he was deliberated for a while, namely his settlement to move in the manufacturing of supercars.
Before the Lamborghini Corporation was founded, Lamborghini had determined that the revered engineering company, Società Autostar, would be responsible for producing V12 engine vehicles which could challenge the vehicles Ferrari were making using celebrated engineer Giotto Bizzarini being the mastermind of those new engine designs. Lamborghini wanted to focus his business just as much on domestic supercars as racing ones and was ultimately not pleased with the finished designs Bizzarrini gave himas he felt that the engine’s revolutions were too large, giving them the specific kind of sports car power that he wanted to avoid. Bizzarrini refused to change the layouts which resulted in Lamborghini denying him the fee they agreed on.
The company’s first major vehicle was the 350GTV which Lamborghini built and designed himself. It was unveiled in the 1963 Turin Motor Show. However, as a result of the dispute with Bizzarrini, the production of the automobile was delayed, and when it was actually got displayed there was rather embarrassingly no engine underneath the hood, with bricks being used to create the illusion of the engine’s weight.
Since Lamborghini’s popularly escalated, the business moved to larger grounds, a facility in the Italian city of Sant’Agata Bolognese, close to the country’s thriving industrial area. The region was selected as Lamborghini’s new residence since the city’s communist party promised the company a 19% interest rate on all banked finances with zero tax on the profits if Lamborghini would allow all their factory employees to become union members.
The final supercar was introduced at the Geneva Motor Show in 1964 to widespread acclaim, and by the end of that year Lamborghini was steadily selling the car, albeit with some monetary losses that occurred due to Lamborghini’s need to compete with the prices at Ferrari. By the time production of the 350GT ended in 1965, 120 of the cars had been purchased.