2003 Porsche 911 Carrera Coupe Targa W/ New Motor!! on 2040-cars

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Former Top Gear crew starts filming for Amazon show

We might have only a hint at the name and no exact date for a premiere, but fans can celebrate that Jeremy Clarkson, Richard Hammond, and James May are filming once again. Plus, it looks like every cent of Amazon's reportedly lavish budget is being put on the screen. A photo tweeted by Clarkson shows the three hosts standing proudly in front of a Porsche 918 Spyder, Ferrari LaFerrari, and McLaren P1 at a racetrack. Clarkson jokes that the show has just a "skeleton crew" but behind him stand several dozen people, a sophisticated-looking camera rig, and two big trucks. This definitely looks worth the anticipation of the premiere on Amazon Prime next fall. Hammond tweeted the same picture and wrote: "The band is back together and it feels brilliant." This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Intriguingly, it appears that fellow British auto journalist Chris Harris is currently filming at the same track. He tweeted a photo to Clarkson of the McLaren doing a very smoky slide, while being followed by the other two hypercars. The Porsches in both photos wear the same red-and-white number 3 livery and have the same license plate number. In a later message, Harris was also clear that he wasn't filming there in connection with the trio's Amazon show. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

$1.4B hedge fund suit against Porsche dismissed

Investors 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.

Porsche 911 goes up in flames at New York Auto Show

It was a bad day for the 2016 DUB Show Tour after a Porsche 911 Turbo associated with the tour caught fire ahead of its 2016 New York Auto Show dates. And yes, the entire fiasco was caught on video. It's not clear how the fire started, but reports from the scene and video footage show smoke pouring off the 911. Worryingly, the fire seems to have been inside the Jacob Javits Convention Center, after New York's NBC affiliate reported smoke "spewing" throughout the sprawling facility. Workers can be heard shouting to get away from the burning 993 while at least one brave soul attacked the flaming sports car with a fire extinguisher. Despite the seriousness of the video, an aftershot – shown above – from the guy behind the video, Instagram user Zuumy, shows that there doesn't seem to be that much damage on the surface. The car just looks very, very dusty and dirty. According to WNBC, the New York Fire Department hasn't received any incident reports about the fire. And while it's part of the show, there's no reference to a 993 911 on the DUB Show Tour's Instagram or official page. Bummer, we know. You can check out the video of the blaze below. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.