Quantum Group AG along with Centricus Asset Management Limited signed a letter of intent to acquire Automobili Lamborghini S.p.A from AUDI AG for €7.5 billion in early May 2021. The purchase includes Sant’Agata manufacturing headquarters in Italy as well as its motorsport operations. Lamborghini recorded revenue of €1.61 billion in 2020. Existing Automobili Lamborghini management is intended to be retained after the closing. The purchase offer also includes job assurances for existing Lamborghini employees for a period of up to five years.