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Reiter a well known German tuner has released the Lamborghini Gallardo LP560 GT3 for GT3 racing class. The car is based on the Gallardo LP560-4, the Reiter LP560 GT3 is a lightweight road-course rocket. The 5.2-liter V10 has been revised to GT3 specifications, while lightweight aluminum chassis components draped in carbon fiber bodywork keeps weight down to just 2,624 pounds.

Downforce has been optimized, shift times have been halved and weight distribution has been balanced. But one of the most intriguing elements of the LP560's design is that it can be easily upgraded to compete in the higher level GT2 class, giving privateer teams a wider variety of titles to contest. Reiter will sell your team a turn-key GT3-spec model for 265,000 euros (about $375k), and upgrade it to GT2 spec for another 30,000 euros ($43k). Details in the press release after the jump.