I think it is real. I found one that looks exactly the same (probably the same car) at Lamborghini Dallas that recently sold and the car just came here a few months ago. The SV badge just looked off to me.
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http://www.lamborghinidallas.com/used/Lamborghini/1999-Lamborghini-Diablo-Dallas-2b81d6350a0a0002523e8c39cb62e993.htm