Stephan Winkelmann is going back to Sant’Agata Bolognese.
Update, 10:15am 20/11/2020: Lamborghini has confirmed Stephan Winkelmann’s return as President and CEO.
“It is a great honor and pleasure for me to lead these two unique companies with their extraordinary automobiles,” Mr Winkelmann said.
“I am looking forward to the new challenge. Bugatti stands for the best, most powerful, elegant and luxurious hyper sports cars in the world.
“Lamborghini is the iconic expression of the most exclusive super sports cars demonstrating outstanding design and innovation. Our creativity in both companies is by no means finished and the world is assured some surprises.”
He’ll also retain his current role as President of Bugatti, according to the report, after taking the reins in January 2018.
This isn’t the first time Mr Winkelmann has led Lamborghini. He was CEO of the company between 2005 and 2016, a strong period of growth for the once-small supercar manufacturer.
It has set new global sales records every year since 2009, and has expanded its range to include the Urus SUV sitting alongside its two supercar models.
The British magazine reports developing the next Huracan supercar with Audi is an option being discussed in the Volkswagen Group corridors of power.
The brand expanded into new markets such as China and Russia under Mr Winkelmann first time around, doubled its annual production, and tripled its turnover. It also did the unthinkable, and set about developing the Urus SUV.
As for the man he’ll replace, Stefano Domenicali? He’s taking over from Chase Carey as CEO of Formula 1, part of the Liberty Media group.