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Petrolicious studies the purity of a Porsche 911 2.7 RS

Water-cooled Porsches are superior to the old, air-cooled models. This really isn't up for debate, despite the mob of Porsche purists, with pitchforks and torches in hand, currently descending on the Autoblog offices. Water-cooled models are more powerful and easier to live with, two factors that make modern Porsches just so darn amazing.
And while we won't hear arguments on anything we've written above, we will say that the old air-cooled models, while not superior, are just, somehow, better. They sound better - a lot better. They're simple, elemental and wildly entertaining things, that just beg for more and more. They rev in a way that forces drivers to work to unlock their power, rather than just push their right foot down. Part of the appeal of air-cooled Porsches, in addition to what we just listed, are the gorgeous cars they're slotted into, like the subject of the latest video from Petrolicious.
Starring a 1973 Porsche 911 Carrera 2.7 RS, this video is a bit shorter than recent ones, but it's no less exciting. This 911, complete with it's sweet-sounding exhaust is the kind of simple, entertaining thing we can watch over and over. Scroll down for the full video.

Porsche's former CEO Wiedeking to stand trial over VW-share manipulation

Former Porsche CEO Wendelin Wiedeking (left in the above photo) could potentially be facing some time in the slammer after all. The last we had heard, he and former Chief Financial Officer Holger Haerter (right) had avoided a trial in April due to a lack of evidence. However, an appeals court in Stuttgart has looked at the case again and overruled the earlier decision, finding that the executives should be tried for share manipulation during Porsche's failed attempt to take over Volkswagen in 2008, Bloomberg reports.
The judges in the appeal "list numerous indications that could suggest that there was a hidden decision to increase the stake as they could suggest the opposite evaluation by the lower court," said Stefan Schueler, a spokesperson for the court, in a statement cited by Bloomberg. Wiedeking and Haerter put out their own releases saying that there was no merit to the charges.
The prosecutors allege that Wiedeking and Haerter had a plan to buy up VW stock options in 2008 to take the automotive giant over but hid it from investors. The whole thing was a massive failure and eventually allowed VW the chance to acquire Porsche and forced the two execs to step down. In addition to the criminal investigation, hedge funds have attempted to sue the company multiple times in civil court for the same reason, but they have repeatedly failed.

eBay Find of the Day: 1981 Porsche 928 convertible by Carelli

The Porsche 928 was perhaps the consummate European GT of its day. With a powerful front-mounted V8 engine that grew in displacement as the model years went on, it was capable of eating up the miles at triple-digit speeds in great comfort for occupants. It was also an unusual beauty, with its sharp front and curved rear featuring innovative integrated bumpers.
Currently for auction on eBay Motors is one of the rarest 928s you're likely to find, in a handsome combination of Guards Red paint and tan leather interior, though we wouldn't mind a less-showy finish to the factory wheels. According to the seller, this car is one of eight 928 convertibles by Carelli Design, a firm that's still in business.
The auction claims that these cars were made in 1981 as a feasibility study between Carelli and Porsche for a possible production 928 convertible. The seller says he worked at the dealership where the car is said to have been originally sold $103,000. To remove the roof and hide the convertible top, there were significant changes made to the body and interior, including redesigned doors and a completely new trunk. As you can see in the gallery, when down, the top is completely hidden in a very factory-like fashion. When up, it looks slightly awkward, though (and we'd really like to see a rear three-quarter view to check out the blind spots).