The Urraco, which was initially produced to fill a void below the shapely and decidedly ferocious Miura in Lamborghini’s lineup, has long been considered to be one of the most underrated performance cars to ever emerge from the hallowed works at Sant’Agata in central Italy. It debuted at the 1970 Turin Salon and was penned by Bertone’s Marcello Gandini, who was best known at the time for the Miura but whose status as a Lamborghini stylist was cemented with the Countach that followed. The Uracco was intended to square off against Ferrari’s Dino and Maserati’s Merak, and its wedge look was considerably more modern than that offered up by its rivals.

Three variants that were meant for the international market were assembled over its six-year production run, all of which were powered by variants of the Lamborghini’s small V-8 powerplant. At its debut, it featured the relatively compact 2.5-liter unit in the P250, which was a figure that grew to the P300’s 3.0-liter unit in 1974. That final variant could sprint to 100 km/h from a complete stop in about 5.6 seconds. A 2.0-liter model dubbed the P200 was assembled for the Italian market, where a higher tax was levied on larger-displacement engines.

Ultimately, fewer than 800 Uraccos of any sort were built between the car’s 1973 production debut and its close in 1978. Of those, only 21 Uraccos, dubbed the P111, were assembled for the American market, each with certain safety and emissions modifications made to comply with increasingly strict federal regulations.

Despite its positioning as the entry-level Lamborghini, the Uracco was a full-fledged sports car with all of the swagger expected of a vehicle adorned with the brand’s distinctive raging bull. Still, as a 2+2, it proved a remarkably practical vehicle.

This 1975 Lamborghini, one of the mere handful of American-specification Uraccos built, is an especially rare example of an already unusual breed. This Uracco, which was originally finished in black over black, shows less than 39,000 original miles and was the recent recipient of a thorough cosmetic and mechanical restoration by marque experts at Bobileff Motorcar Company. Its expertly applied red paint contrasts elegantly with its tan leather interior, and inside, its black carpeting and black suede dashboard contrast nicely with the distinctly Italian hides on its doors and seats.

Its original matching-numbers V-8 engine has been rebuilt and is said to run as new. In addition, its independent suspension was also carefully refurbished, leaving it in exceptional condition throughout.

This attention-grabbing Uracco is ready to be enjoyed immediately, and it’s just begging to be opened up.