With the Urraco, Ferruccio Lamborghini intended to build a more economical sports car which comes in the same price bracket as the Porsche. The Coupe 2+2 line, presented in 1970, another one of Nuccio Bertone’s whims, a new 8-cylinder engine is designed for the engine, launched on the market first with a 2.5 liter displacement and later (in 1974) with 3 liters, while a 2-liter V8 was also proposed for the Italian market.
Initially Lamborghini planned an annual production of 2,000 vehicles but, starting from 1972, only 780 Urracco, of which 520 of the P 250 version, 194 of the P 300 model and 66 P 200 for Italy were sold in ten years.
Lamborghini Urraco (translated as "little bull") made its official debut at the 1970 Turin Auto Show. It was a 2+2 coupe with body designed by Marcello Gandini, and rather than being a supercar, it was created as a competitor for models like Ferrari Dino and Maserati Merak.
The Urraco was offered offered in three different configurations: P200, P250 and P300. The first one was powered by a 2,0 liter V8 engine that delivered 182 hp; the P250 used a 2,5 liter V8 engine with 220 and the P300 a 3,0 liter V8 engine with 250 hp. Depending on the specifications the top speed ranged between 220 and 250 km/h (136 to 155 mph).
The car was featuring a RMR layout (Rear Mid-engine, Rear-wheel drive) meaning that the engine designed by Paolo Stanzini was placed ahead of the rear wheels, mounted transversely, and sat beside the transmission. The engine was mated to a standard five-speed all-syncromesh gearbox.