The Jarama is the Islero replacement — a Marcello Gandini design built by Marazzi on the Espada platform, shortened by approximately 11 inches to make a tighter 2+2 with the specific US regulatory environment of the early 1970s in mind. The 3.9-litre Bizzarrini-designed V12 sat up front, driving through a ZF five-speed; the GT produced 350 bhp and the later GTS 365 bhp.
Approximately 327–328 cars were built between 1970 and 1976 — the GT/GTS split is disputed across sources (see variant notes) — making the Jarama one of the rarest catalogued Lamborghini road cars. Together with the Islero, it is the last front-engined V12 Lamborghini before the marque moved entirely to mid-engined V12 flagships.
Named after a bull-breeding region north of Madrid, the Jarama is the last of a specific Lamborghini idea — a front-engined V12 2+2 GT for owners who wanted the V12 without the mid-engined theatre. Gandini's angular Marazzi bodywork is characteristic of his early-1970s work at Bertone; the Espada platform underneath is one of Lamborghini's most sophisticated period chassis, and the shortened-wheelbase Jarama drives with a lightness the Islero never quite matched. Together with the Islero the Jarama closes Lamborghini's front-V12 road car chapter — a small, finite historical category.