2012 Cpo 911 997.2 Base Coupe With Lots Of Great Options In Mint Condition! on 2040-cars

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UPDATE: Porsche could raise its stake in Rimac, and Rimac weighs in

CLARIFICATION: An earlier version of this Reuters story said Porsche could raise its stake in Rimac to nearly 50%, but Rimac reached out to Autoblog to say that's not so. Here is a statement from Mate Rimac: "We have a very strong partnership with Porsche that is key for Rimac Automobili. Porsche is a shareholder in Rimac since 2018 with 15.5% ownership currently, accumulated over several rounds of investment. While it is true that we are discussing further expansion of this collaboration that will lead to increase of Porsche's stake in Rimac Automobili, some media have mistakenly reported that Porsche would take over 50% or nearly 50% of the company.   We are very happy that the partnership with Porsche will strengthen even further, but it is in the interest of both Rimac and Porsche that Rimac is a fully independent company. We are working with many car companies that are not our shareholders and there is a clear separation between shareholding and projects. It is very important to us that our industry customers have the peace of mind that Rimac is independent and that there is an "Information Firewall" between projects and shareholders (not only Porsche, but also Hyundai and others) - and this will not change. Confidentiality is very valued in the industry and one of the basics for collaboration between companies. Our shareholders are happy with such an arrangement and expect the same level of professional behaviour and confidentiality for their projects and customer projects.   So, the point is: Porsche's stake will increase but nowhere near to 50% and Rimac will remain independent with many industry customers that are not our shareholders/investors." The original story, with the 50% reference removed, appears below.   FRANKFURT — Volkswagen unit Porsche is participating in a financing round of Rimac Automobili that will see the electric supercar maker raise 130 million-150 million euros ($157 million-$181 million), its owner Mate Rimac told weekly Automobilwoche. The fundraising should be completed in two to three months and another round is planned at the end of the year, Rimac told the trade journal. Porsche owns a 15.5% stake in Rimac Automobili and could raise its stake in a deal that would also include the transfer of Volkswagen's supercar brand Bugatti to Rimac, Automobilwoche said. Volkswagen and Rimac were not immediately available for comment on Sunday.

Jack Olsen built a Porsche 911 to drive every day and conquer Willow Springs

Almost two years ago we wrote about the 12-Gauge Garage Jack Olsen built to house his multifarious Porsche 911 - its 1972 bodywork hides four decades of Porsche parts, like the transaxle from a 1977 911 and the engine from 1995 911, for example. It weighs 2,400 pounds and has 272 horsepower, and Olsen uses it daily driving and for track days, the latter excursions featuring homemade, bolt-on aero parts. German magazine Auto Bild stopped by Olsen's house to look in on the Porsche called "Black Beauty II," and we get a few more details about the mods he's made, like swapping out for fiberglass body panels and welding Fuchs wheel centers to wider Corvette barrels so he could run different tires. Most importantly, though, Olsen divulges his passion for lowering his lap time at Willow Springs. Randy Pobst set the lap record for a production car around the 2.5-mile Big Willow track in a Porsche 918 Spyder at 1:23.54 during a Motor Trend test (the outright record, according to Willow Springs, is held by Michael Andretti at 1:06.050 in a CART car). Further down the list, Steve Millen drove a 415-hp 911 GT3 RS around the same track in 1:33.14 - a car 600 pounds heavier than Olsen's. Over the past 14 years of tinkering with his car, Olsen says his data shows his lap time is now down to 1:26.88, achieved on the day of filming the Auto Bild video. That time would put him in between the 1:26 flat posted by Dominik Farnbacher in a 608-hp Dodge Viper SRT-10 ACR and the 1:28.93 put up by Pobst in a 400-hp, 991-series 911. You can hear Olsen tell it in his own words in the video.

2016 Porsche 911 R First Drive

Competition has forced the 911 GT3 RS to prioritize lap times over driving enjoyment. The 911 Carrera line has softened, now full of GT cars rather than the wild children of yore. Turbocharging is hitting the rear-engine Porsche en masse. All of this gave Porsche Motorsport a vacuum of emotion and purity to fill with just 991 examples of its glorious 911 R, a machine focused on putting unadulterated feel and enjoyment back into driving. Even amongst the diehard Porsche fraternity, just going faster doesn't work for everybody. They don't all want the thrill that comes from a high-downforce car running out of grip inches from a concrete wall. Not everybody loves suspensions so tied down that the slightest bump threatens the front splitter's continued existence. And many don't love turbochargers or want a computer to shift gears for them. Fortunately, just such people live, breathe, and work at Porsche Motorsport. This part of the company makes its living building Porsche's fastest machines, like the Cayman GT4 and the 911 GT3 and GT3 RS. But in an era when the bulk of Porsche's profits come from SUVs, Porsche Motorsport also sees itself as the guardian of the parent company's soul. Motorsport has enough pull that when it tells Porsche's board it needs a car like the 911 R the board listens. The quickest way to turn the 911 into a driver-connected car was to pull the weight out, and the easiest way to do that was to use the 911 GT3 RS as the basis. So it gets that car's magnesium roof, polycarbonate side and rear glass, carbon-fiber bonnet and front fenders, and lots of aluminum. The air conditioning got thrown out (you can pay to put it back in), as did the multimedia screen (ditto), the audio and navigation systems (ditto, ditto), the rear seats, and even the interior door handles. Cloth straps replace the latter so you can still get out of the car. At 3,020 pounds, the R is 110 lighter than the race-bred GT3 RS. Eschewing turbocharging in the interest of car-lover must-haves like induction noise, butterfly chirps, intuitive throttle response, and purity of sound, the 911 R simply borrowed the GT3 RS's 4.0-liter flat-six. So there's 500 horsepower of engine playing for keeps, the car ripping to 60 mph in 3.7 seconds from a standing start, hitting 124 mph in 11.6 seconds, and continuing on to 201 mph thanks to the lack of a monster, drag-inducing rear wing. The dry-sump engine revs and revs and feels like it wants to keep revving forever.