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Next-generation Panamera will spawn variants, Sport Turismo in the running

A few years ago it took actual willpower not to consider what kinds of cool derivatives Porsche could make with the Panamera. Our fancies were helped by patent drawings of a Panamera convertible, rumors of a two-door 928 GT and internal Porsche sketches of such a car, and report after report after report that the current, second-generation Panamera would begin to expand the family. That hasn't happened, but according to a new report in Auto Express, the next Panamera will be the one to begin the bifurcation. Wolfgang Hatz, the brand's head of research and development, told the mag that, "We have prepared it for a lot of derivatives, personally I like very much the Sport Turismo." The Panamera Sport Turismo, remember, was the hybrid, concept wagon that rolled into the 2012 Paris Motor Show and made everyone ask, "Why didn't you build this design from the beginning?" It could have been Hatz's English, but after professing his ardor for the Sport Turismo, the executive said, "But there is a good chance for more derivatives." We're not sure if that means the Sport Turismo is all but approved, or if he was speaking of the third generation Panamera's new MSB platform in general. Even though Hatz mentioned a coupe and convertible, it sounds like that latter variant won't be happening, Hatz saying that the brand already has the Boxster and 911 Cabriolet. We're willing to forgive that omission – who's really looking for a four-door convertible, anyway? – and welcome the Sport Turismo first if Hatz will please please please get us a new 928.

German judge 'inclined to dismiss' hedge fund lawsuit against Porsche

Last year, around two dozen investors, including hedge funds, leveled a 1.4 billion euro ($1.95 billion at the time) lawsuit against Porsche in connection with the automaker's attempted takeover of Volkswagen in 2008. The Stuttgart Regional Court dismissed the case. Around 19 of those plaintiffs are heading back to court to appeal the ruling and still hope to get 1.2 billion euros ($1.4 billion). However, according to one German judge, the chances for success aren't any better this time around. "On balance it's our view that we consider the lawsuit, or the appeal, to be unpromising for several reasons," Gerhard Ruf, a judge in Stuttgart, said to Reuters. "We are inclined to dismiss the case." The court's ruling on the appeal will be announced on March 26. The investors' case hinges on Porsche's strategy surrounding the botched takeover. The sports car maker said that it wasn't trying to control VW, when in fact it was. These hedge funds had bet against Volkswagen stock, but the share price surged when Porsche's plan inevitably came to light. Investors have sued the sports car company multiple times since then in attempts to recoup billions of dollars. However, none of the lawsuits have been successful, whether attempted in the US or Germany. Former Porsche CEO Wendelin Wiedeking and and CFO Holger Haerter might still stand trial for the alleged stock manipulation, though. News Source: ReutersImage Credit: Matthias Rietschel / AP Photo Government/Legal Porsche Volkswagen lawsuit hedge funds porsche lawsuit

Patrick Dempsey to take break from racing after career season

The popular American actor has decided to take a step back from racing to focus on his "family and acting career." Outside of motorsports, Dempsey's tenure on the hit TV show Grey's Anatomy as Derek Shepherd ended last year, as did his 16-year marriage to makeup artist Jillian Fink. They have since reconciled. Reaching the top step of the podium During that same year, Dempsey finally reached the top step of the podium in his professional sports car racing career, winning the Fuji round of the 2015 FIA World Endurance Championship. Earlier in the season, he placed second in class in the prestigious 24 Hours of Le Mans endurance classic. His Dempsey-Proton Racing Porsche squad ended 2015 sixth in the GTE-Am standings. Along with four starts at Le Mans between 2009 and 2015, Dempsey competed in a total of 68 races between Grand-Am, ALMS and the recently formed hybrid of the two -- The IMSA WeatherTech SportsCar championship. He scored nine podiums, which includes high profile races such as the Rolex 24, Sebring 12 Hours and Petit Le Mans at Road Atlanta. Patrick Dempsey to focus on "family and acting" in 2016 But he will not add on to his growing racing resume this year. Dempsey has released a statement, announcing that he will not compete in any events this season, although his team will continue to do so. My motorsports journey has been a rewarding one and allowed me to meet so many interesting people. While the focus so often is the performance of the car, in reality it is all the various personalities, from team mates to competitors to officials to fans that I remember the most. I have loved being part of part of different teams and sharing the experience with so many great friends. I want to thank everyone who made this possible and helped me along the way. I also wanted to especially thank the fans for their support and friendship. None of this would happen without you buying the tickets and attending the races, so I am grateful for that investment in my passion. It makes me especially happy to see how many people have become race fans during my racing career. At this point in my life, after an amazing season thanks to my friends at Porsche and TAG Huer, I need to take a step back and focus on both my family and my acting career. Dempsey-Proton Racing will continue on racing a Porsche 911 RSR in the World Endurance Championship season. I hope my schedule permits me to enjoy some race weekends at least as a team owner.