1956 Factory Built Intermeccanica Porsche Speedster on 2040-cars
Woodstock, Vermont, United States
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Here is a wonderful opportunity to acquire a simply spectacular Porsche Speedster manufactured by Automobili Intermeccanica. One of 608 Series Two cars built by the factory between 1976 and 1980, fully restored and updated in 2006. Automobili Intermecannica was and is the premier manufacturer of near exact examples of Porsche's famous Speedster series. Originally manufactured in Italy and now in North America their exclusive line of quality built tribute vehicles are unsurpassed in originality and performance. Everywhere you look you will see their attention to detail so exact that only the most knowledgeable of enthusiasts will realize it is not an original example. The addition of classic 1950's and 60's California rally and race plaques along with Lime Rock and Watkins Glen drivers discs only reinforce the authenticity of this Speedster. Always a California car until last July, never abused, attended to by one owner for 26 years. Recent updates include rebuilt 1776 cc high performance flat four, dual Weber carbs, performance exhaust, new clutch, Bilstein shocks, disc brakes, Show quality paint, premium leather and vinyl tan interior. Ventilated seats, German square weave carpet, original tan canvas top, top boot, tonneau cover and side curtain bag. Runs extremely strong, handles and performs better than an original. Needs nothing and ready to be enjoyed. There are other Speedster's on the market but none except an original can offer a driver the experience this one can. If you are looking for an automobile which affords the upmost in drivers satisfaction, was manufactured in an era when classics were born, exudes prestige when driven and shown, all at an affordable price, please consider this car. I am not a dealer, just an individual who collects exceptional and interesting motorcars. Bid with confidence, you will not be disappointed. Please review my feedback, I am extremely proud to have offered enthusiasts like myself the opportunity to acquire vehicles I have searched for and enjoyed. Please email any questions or concerns, all will be answered honestly and promptly. Thank you as always for your interest and best of luck in your bidding.
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Gooding's Pebble Beach auction tops $128 million in sales
Wed, Aug 19 2015While the million-dollar cars are now packed up for Monterey Car Week, the auction results keeping rolling in. Gooding & Co. set a two-day company record by moving over $128 million in beautiful classics during the event. Of the 115 lots that sold, three brought over $10 million, and 26 more went for over a million. In a surprise to no one, a Ferrari led the way when a 1961 250 GT SWB California Spider sold for $16.83 million. That was a new single-lot record for the auction house. In a close second place, a 250 GT SWB Berlinetta Speciale previously owned by famed auto designer Nuccio Bertone went for $16.5 million. Rounding out the top three, a 1982 Porsche 956 that won Le Mans in 1983 cleared $10.12 million. Porsche also grabbed fourth place with a 1960 RS60 going for $5.4 million, and rounding out the top five was a 1957 Ferrari 410 Superamerica Series II Coupe for $5.1 million. Check out the gallery above for a look at many of the beautiful vehicles in the sale. While the press release below lists the top sellers, you can check out the prices and info for all of the lots on Gooding's website, here. Gooding & Company's Two-Day Pebble Beach Auctions Realizes More Than $128 Million 3 cars sell above $10 million, 26 cars above $1 million New auction records broken for Ferrari and Porsche Pebble Beach, Calif. (August 17, 2015) – Gooding & Company, the official auction house of Pebble Beach Concours d'Elegance®, realized more than $128 million at its Pebble Beach Auctions this weekend, resulting in a two-day sales company record. During the two-day sale, the auction house sold 115 of 129 lots, an 89% sale rate and their highest ever average price of $1,113,896 per car. During the auction weekend, an impressive 26 cars sold over the $1 million mark including three vehicles over $10 million. World records were broken as new market standards were set for Ferrari and Porsche, including a 1961 Ferrari 250 GT SWB California Spider (sold for $16,830,000), 1962 Ferrari 250 GT SWB Berlinetta Speciale (sold for $16,500,000), Le Mans-winning 1982 Porsche 956 (sold for $10,120,000), 1960 Porsche RS60 (sold for $5,400,000), 1957 Ferrari 410 Superamerica Series II Coupe (sold for $5,087,500), and a 1988 Porsche 959 Komfort (sold for $1,732,500). David Gooding, President of Gooding & Company: "New bench marks were set and our company hit a new record for highest two-day sale.
Autoblog's top 50 car photos of 2016
Fri, Dec 30 2016This one shouldn't need much explanation. We like cars a whole lot, and that includes not just driving them but taking great pictures of them. We've collected our 50 favorite images from this year in the mega-gallery above. It's a mix of old and new, with a healthy dose of vintage and modern race cars mixed in, and not one single shot under the harsh lights of an auto show. So click through and enjoy. Featured Gallery Autoblog's Top 50 Photos of 2016 View 50 Photos Image Credit: Copyright 2016 Autoblog.com Audi BMW Chevrolet Dodge Ferrari Ford Lamborghini Mazda McLaren Mercedes-Benz Porsche Rolls-Royce Volvo Convertible Coupe Motorcycle Luxury Racing Vehicles Performance Supercars Classics
$1.4B hedge fund suit against Porsche dismissed
Wed, 19 Mar 2014Investors have canvassed courts in Europe and the US to repeatedly sue Porsche over its failed attempt to take over Volkswagen in 2008 (see here, and here and here), and they have repeatedly failed to win any cases. You can add another big loss to the tally, with Bloomberg reporting that the Stuttgart Regional Court has dismissed a 1.4-billion euro ($1.95B US) lawsuit, the decision explained by the court's assertion that the investors would have lost on their short bets even if Porsche hadn't misled them.
Examining the hedge funds' motives for stock purchases and the bets that VW share prices would fall, judge Carola Wittig said that the funds didn't base their decisions on the key bits of "misinformation," and instead were participating simply in "highly speculative and naked short selling," only to get caught out.
With other cases still pending, the continued streak of victories bodes well for Porsche's courtroom fortunes, since judges will expect new information to consider overturning precedent. If there is any new info, it could come from the potential criminal cases still outstanding against former CEO Wendelin Wiedeking and CFO Holger Härter, who were both indicted on charges of market manipulation.