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The secret to a successful sports car company? Build more SUVs

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Ferrari's Purosangue SUV is sold out for two years. Call it the "Cayenne effect." Enthusiasts scoffed, guffawed and protested when Porsche, maker of the venerated 911 sports car, launched its Cayenne sport utility vehicle in 2002. The large SUV boosted the marque's sagging sales, winning over Porsche loyalists. The Italians took notice. These days, Lamborghini factory workers in Sant'Agata Bolognese, Italy, are busy filling orders for the Urus, a high-performance SUV that has attracted new customers and electrified sales. Demand for the Urus eclipses the company's slinky Huracan and Aventador supercars, accounting for more than half of the company's deliveries. Lamborghini sold 5,367 Urus units last year compared to 3,113 Huracans and 753 Aventadors -- a record for the Italian brand. Lamborghini recently added the Urus Performante model, which bolts from 0 to 62 mph in 3.3 seconds and packs 657 horses under a twin-turbo V8 engine. The 5,314-pound Perfo...

Governor signs public funding bill for new A's stadium in Vegas, growing global sports destination

Nevada Gov. Joe Lombardo has signed into law a $380 million public financing package to help build a Major League Baseball stadium for the Oakland Athletics on the Las Vegas Strip RENO, Nev. -- Nevada Gov. Joe Lombardo signed into law Thursday a $380 million public financing package to help build a Major League Baseball stadium for the Oakland Athletics on the Las Vegas Strip as MLB's commissioner outlined a months-long approval process for the A's proposed move there. The first-term Republican governor and former sheriff in Las Vegas said he was excited to sign the measure the Democrat-controlled Legislature approved Wednesday night after a seven-day long special session. “This is an incredible opportunity to bring the A’s to Nevada,” Lombardo said in a statement from Carson City. The $1.5 billion stadium with a retractable roof is planned near the homes of the NFL’s Vegas Raiders, who fled Oakland in 2020, and the NHL’s Golden Knights, who won the Stanley Cup this week in ju...