Lamborghini is an Italian luxury sports car manufacturer headquartered in Sant'Agata Bolognese, Italy. It is owned by the Volkswagen Group through its subsidiary Audi. Lamborghini was founded in 1963 by Ferruccio Lamborghini and gained fame for high-performance sports cars like the Miura and Countach. Financial troubles plagued the company until it was acquired by Audi in 1998. Under Audi's ownership, Lamborghini has realized strong growth through new models like the Gallardo and Aventador, establishing itself as a prestigious rival to Ferrari.