Lamborghini is expanding its portfolio, and could be about to build a successor to the legendary Espada. According to this week's Autocar, Lambo chief designer Luc Donckerwolke wants to expand the company's range outwards from just the Murcielago and Gallardo.

The story is based around the discovery of advanced design studies by student Emily Sawamuru that were developed as part of a Lamborghini-sponsored at the Pasadena Art Center in California. The Center is one of the world's top automotive design colleges, and carmakers often use students for this purpose. The car itself looks set to be a four-seater GT based on an Audi-supplied aluminium space-frame chassis.

The report on the Lamborghini Lagartijo suggests that the 6.2-litre V12 will be front-mid mounted, and that it will generate a hefty 620bhp and a seriously meaty 511lb-ft of torque. It shares its name with the famous matador who spared the life of the famed bull Murciélago. The car, if produced, may run around $300,000 USD.