The Islero was the first Lamborghini with hidden pop-up headlights and the first designed by Mario Marazzi. Its appearance seemed somewhat dull even next to the Espada, not to mention the Miura. The 400 GT version was quickly followed by the improved 400 GTS that soldiered on until 1970 when the Islero was replaced by the Jarama.
Lamborghini was truly prolific in its first few years as an automaker. Ferruccio Lamborghini’s men put the 350 GT into production in 1964 and then, only two years later, the bigger, more powerful 400 GT arrived. At the same time, the stunning Gandini-penned Miura dropped and, for 1968, Lamborghini readied up two new cars: the Islero which replaced the 400 GT and an even bigger grand tourer, the Espada. Lamborghini’s wave didn’t last much longer, though, and, by the mid-’70s, the company was in financial hot water.
The Islero name comes from a Miura-breed bull that killed the famous matador Manuel Rodriquez in August of 1947.