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Porsche reveals new LMP1 racecar testing ahead of 2014 Le Mans debut

Getting ready for its triumphant return to the premier racing class of Le Mans, Porsche has released a handful of images showing its new LMP1 racecar testing. Porsche hasn't run a car in the Prototype class at 24 Hours of Le Mans since 2009, but this racecar - still veiled in secrecy - will be expected to battle against the Audi and Toyota LMP1 Prototypes to help bring Porsche its 17th Le Mans victory.
Aside from knowing that it will use a hybrid powertrain to meet LMP1 rules, there are no other details about the car... including its name or potential sponsors. In the meantime, Porsche has set up a microsite, called Mission 2014, to share its extensive history racing at Le Mans. Also, be sure to check out some of the past videos Porsche has released as it gears up for its reborn LMP1 program.

Man arrested for stealing part of Paul Walker Porsche wreck

Humans are odd creatures. Some of us collect things associated with bad events, particularly when it comes to cars. Your author, for example, has the grille of his wrecked 2004 Mini Cooper S hanging on the wall. As a more extreme example, an 18-year-old Californian is in trouble with the LA police, but not for taking an item from his own car accident. Instead, he has been arrested for stealing from the wreck of the Porsche Carrera GT that killed actor Paul Walker and racer Roger Rodas.
And it wasn't a small piece, either. It was the Carrera GT's carbon-fiber roof panel. Making matters worse is word that the theft happened while the tow truck that was hauling the wrecked Porsche was sitting in traffic. According to the LA Sheriff's Department report, "A witness saw a male exit a vehicle that was following the tow truck. The male grabbed a piece of the wrecked Porsche off the tow truck bed." Besides the eyewitnesses, it didn't help that images of the roof panel were later posted on Instagram.
The man, Jameson Witty, was later arrested at his home, where police also found the roof panel. The driver of the car Witty was in when he took the roof panel, meanwhile, is planning on surrendering to the police, according to CNN. It remains unclear if the district attorney's office will charge the two, although if it does, they'll be facing felony grand theft and tampering with evidence.

Rimac inks deal to purchase 55% of Bugatti from VW Group

ZAGREB, Croatia — Croatian electric supercar builder Rimac is taking over the iconic French manufacturer Bugatti in a deal that is reported to be worth millions of euros. Rimac said GermanyÂ’s Volkswagen Group, including the Porsche division — which owns a majority stake in Bugatti — plans to create a new joint venture. The new company will be called Bugatti-Rimac. Rimac Automobili announced Monday that it will be combining forces with Bugatti to “create a new automotive and technological powerhouse.” Rimac has progressed in 10 years from a one-man garage startup to a successful company that produces electric supercars. Mate Rimac, who founded the company in 2009, says the venture is an “exciting moment” and calls the combination of the companies “a perfect match for each other.” Porsche will own 45% of Bugatti-Rimac while Rimac Automobili will hold the remaining 55% stake, according to Croatian media reports. Financial details of the deal were not published. Bugattis will continue to be assembled in eastern France, where the company was established in 1909. The vehicles will use engines developed and made in Croatia. “In an industry evolving at ever-increasing speed, flexibility, innovation and sustainability remain at the very core of RimacÂ’s operations," the company said. “Uniting RimacÂ’s technical expertise and lean operations with BugattiÂ’s 110-year heritage of design and engineering prowess represents a fusion of leading automotive minds." Earnings/Financials Green Bugatti Automakers Porsche Volkswagen Green Automakers Electric Supercars