Mat Armstrong reveals the most amount of money he's ever lost on a single car building project and it all came from his Lamborghini Revuelto

We’re so used to watching Mat Armstrong turn something like a derelict Lamborghini or Porsche into a usable supercar that we sometimes forget that he, too, can lose money on a project.

He certainly did, and probably more than we thought.

In a recent podcast, Armstrong admitted that there was one project in particular that went really wrong for him.

It was a Lamborghini Revuelto, and the amount he lost was enough for a spare Lambo.

This type of content is what the internet wants at the moment

Car content has always been popular, but it seems that we’ve transitioned from traditional Top Gear-style ‘this is the such and such supercar‘ segments to supercar restoration content.

Creators like Mat Armstrong and Tavarish are growing so fast because there’s clearly an appetite for this sort of thing.

You buy a broken supercar, fix it, and then drive it or sell it at a profit.

It works, and these guys have been upping the ante.

They’re no longer fixing old BMW M3s or Ford Mustangs, they’re fixing hypercars now.

Armstrong is trying to rebuild a Bugatti Chiron – even though Bugatti doesn’t want him to – while Tavarish has famously spent the last few years on the flooded McLaren P1.

Interestingly, the Bugatti project is actually going pretty well.

Certainly better than the Lambo project.

Here’s how much Mat Armstrong lost on the Revuelto

In a recent episode of Cars & Money, Armstrong revealed that the Lamborghini Revuelto was ‘definitely’ his worst idea yet.

“[The car I’ve lost the most on] is definitely the Revuelto,” he explained.

“I think we put £400,000 [$540,000] and… probably £200,000 [$270,000] I would’ve lost on the car.”

That’s not exactly the sort of money you find in the back pocket of a pair of jeans you forgot about.

But the podcasters’ reaction when they asked him how he felt was priceless.

“And how did that feel?” they asked.

Armstrong paused a bit, and then he opted for a diplomatic answer.

“You know… you win some, you lose some,” he said.

At that point, the hosts started laughing and used the most British expression of all: “B****cks!”

Well, at least it sounded a little better than the other equivalent expression.

The one that begins with ‘B’ and ends with ‘it’, and it isn’t ‘Biscuit.’