2006 Porsche 911 997 Carrera Convertible, Red/tan, Updated To 2010, Led Lights on 2040-cars

Auto blog

Porsche Macan Turbo vs Cayman GTS in track battle

"Well this is stupid." On the surface, that was our reaction to this video, as well. Why would you compare the hottest Porsche Cayman with a crossover of any kind, even if it is the 400-horsepower Macan Turbo?
We're guessing because it'd be bloody good fun, as evidenced Auto Express's latest track battle. To be fair, there is some interesting stuff here. The two do have a similar starting price, separated by less than $3,000 here in the US market. And, factoring in the Macan's hefty horsepower and torque advantages - 60 horsepower and 126 pound-feet - does make for a slightly interesting comparison.
We won't spoil the verdict, so check out the full video from Auto Express, and then let us know what you think in Comments.

2013 Goodwood Festival of Speed statue unveiled

Each year at the Goodwood Festival of Speed, a single marque is celebrated with a large and ornate "Central Feature" sculpture, with recent automakers including Audi in 2009, Alfa Romeo in 2010, Jaguar in 2011 and Lotus last year. This year, Porsche gets the honor, and it is using the opportunity to commemorate 50 years of the 911.
The sculpture features three generations of the 911 towering over the Goodwood House. The most recent 991 911 has the lowest position, with an original 1963 car second highest and a 1973 2.7 RS at the top of the pile. Be sure to check out the sculpture for yourself in the gallery of images above.

Porsche board members facing another ˆ1.8B lawsuit over VW takeover bid

Back in 2008, Porsche got the bright idea that it could take over Volkswagen in the midst of the worst economic slump since the Great Depression. Ignoring that this was a catastrophic move for the Stuttgart sports car manufacturer that that eventually resulted in it nearly going bankrupt and eventually being taken over by the same company it sought to control, the aftermath has left Porsche Chairman Wolfgang Porsche and board member Ferdinand Piëch in the crosshairs of seven hedge funds that lost out during the takeover and are now seeking €1.8 billion - $2.43 billion US - in damages from the two execs, according to the BBC.
See, investors bet on Volkswagen's share price going down, partially because Porsche said it wasn't going to attempt a takeover. But Porsche was attempting to take over VW, having bought up nearly 75-percent of VW's publicly traded shares. When word broke that Porsche owned nearly three-quarters of VW (which indicated an imminent takeover attempt), rather than go down like the hedge funds bet it would, VW's share price skyrocketed to over 1,000 euros per share, according to Reuters.
Naturally, when you bet that a company's share price is going to drop and it in turn (temporarily) becomes the world's most valuable company, you lose a lot of money, unless you're able to buy up shares before prices jump too much. This led to a squeeze on the stock, which the hedge funds accuse Porsche and Piëch (who are both members of the Porsche family and supervisory board) of organizing.