Volkswagen announced on Sunday that it would be seeking a valuation of between 70 and 75 billion dollars for Porsche AG in its initial public offering, making this potentially the third largest IPO in European history. Some experts had hinted at an expectation of valuation around $85 billion, meaning this is actually going to be a bit shy of …
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Recent Posts from: Porsche
Two-day Porsche 963 test at Daytona gives Team Penske time to adjust
Porsche's first race with the new 963 prototype is coming up faster than you might think, as January's Rolex 24 at Daytona is just four months away. To get a jump on things Porsche and Team Penske have been running in the new car at the World Center of Racing, spending two days at the track pounding out laps to acclimate car and driver and crew. …
Continue to the full articleIndy 500 champ Marcus Ericsson is jumping into a Porsche Carrera Cup race seat
In a couple of weeks, on the back of his IndyCar season finale at Laguna Seca in California, Chip Ganassi racer and 2022 Indy 500 Champ Marcus Ericsson heads back to Sweden for a guest slot in the final round of the Swedish GT Championship, as well as the season ending Porsche Carrera Cup Scandanavia championship at Mantorp Park. The IndyCar star …
Continue to the full articlePorsche pops onto the GTE Pro podium in Japanese WEC round
After delivering a stunning performance in qualifying to start the six-hour race at Fuji from pole and third, Porsche found out quite quickly in the race that it didn't have the long-run pace to keep up with the Ferraris. A byproduct of the series' Balance of Performance, and the car's inability to keep the tires from turning to mush …
Continue to the full articleThe Porsche/Red Bull Formula One deal is officially dead
This week Porsche issued a short, and somewhat terse, statement confirming that talks between Stuttgart and the championship-leading F1 squad have fallen apart basically at the zero hour. This surprise news comes on the heels of at least a month of both companies essentially just signatures away from making the deal done. It's hard to say exactly …
Continue to the full articlePorsche finally has a roof top tent to fuel your sports car camping dreams
If you've been scrolling through Instagram lately experiencing FOMO when you see minor car-world celebs cruising around the world with a roof top tent on their sports car, don't worry, you aren't alone. Sports car camping has been done for decades, and Porsches especially, fitting the front trunk with a tent and sleeping bag and heading for the …
Continue to the full articleChampion Porsche won the Porsche Classic Restoration Challenge with this gorgeous 930
This weekend, during Porsche's Sportscar Together Festival at the Indianapolis Motor Speedway, the winners of the Porsche Classic Restoration Challenge were announced. Finalists from each of the three regions were sent to Indy for judging, both by Porsche Cars North America staff, and a separate people's choice ballot was offered for P-car fans in …
Continue to the full articlePorsche could be working on an all-electric Panamera
Call it a Taycan XL or a luxury sedan version of Porsche's upcoming 7-seater SUV, the next Panamera looks like it could be an all-electric large sedan. Based on the same SSP platform that will be the basis for Porsche's upcoming 7-seater EV—and the next-generation Taycan coming later this decade—the next Panamera is already in testing, …
Continue to the full articleThe Porsche and Red Bull Formula One deal might be dead
Just a few weeks ago the Porsche and Red Bull Racing merger was considered a done deal, with the German auto manufacturer picking up a 50% ownership of the current Constructors Championship leading team. The partnership would have been a dream for both Red Bull and Porsche, as Porsche would be jumping into Formula One with one of the top teams in …
Continue to the full articlePfaff Motorsport plaid Porsche wins GT-only round at VIR with perfect strategy
The penultimate round of the 2022 IMSA WeatherTech Sportscar Championship was contested this weekend, and Porsche put in another strong, but hardly dominant, performance to take the victory. This marks the Pfaff Motorsports team's fifth IMSA win this season, including the 24 Hours of Daytona to kick off this season, and sets up the team for a …
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