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Former Porsche execs acquitted of stock manipulation charges

A German court acquitted former Porsche CEO Wendelin Wiedeking and former CFO Holger Harter of stock manipulation charges, according to Bloomberg. Prosecutors alleged the men hid plans to takeover Volkswagen while publicly denying their intentions to investors. The presiding judge didn't find any merit to those claims, though. "There is nothing to the allegations, absolutely nothing," Judge Frank Maurer said, according to Bloomberg. "There was no secret plan to take over VW." Rather than Porsche taking over VW, the exact opposite eventually happened, and both execs stepped down. Investigators first indicted Wiedeking and Harter for alleged stock manipulation in late 2012. A court in Stuttgart dismissed the case in 2014 because of a lack of evidence, but an appeals court later overruled that decision. The current trial finally began in October 2015. If convicted, Wiedeking faced up to 30 months in prison, and Harter could have received up to 27 months, Bloomberg reported. Prosecutors also wanted one million euro ($1.1 million) fines from them and 807 million euros ($910 million) from Porsche. The acquittal might not be the end of this long-running case, though. In Germany, prosecutors have the right to appeal a ruling, and the lawyer hasn't made a final decision yet. If the court thinks there's a reason, the former execs could be back in front of a judge at some point in the future.

Porsche 911 GT2 test mule caught in the snow

This may look like a weird, cobbled-together Porsche, but insiders tell us we're actually looking at the forthcoming GT2. Maybe even a GT2 RS. Those schooled in the intricacies of Zuffenhausen nomenclature will be suitably excited by now. But for the rest of us, the GT2 (with or without the RS) represents the pinnacle of the most hardcore 911s. It's essentially a 911 Turbo without the all-wheel drive but some other goodies thrown in – or to put it another way, it is to the Turbo what the GT3 is to the 911 Carrera. Porsche first did a 911 GT2 back in 1993 based on the 993-generation model. It then did another based on the 996, and then on the 997. But the last one we saw was the GT2 RS that came out in 2010, packing 612 horsepower channeled exclusively to the rear wheels through a six-speed manual transmission. The German automaker didn't do a GT2 version of the 991, but now that the entire model line is undergoing a transformation – and an near-complete switch to turbo power – it apparently has another one in store for us. Aside from ditching the Turbo's all-wheel drive, the new GT2 will be lighter and pack more power – as much as 700 hp, from what we hear. As you can see from the spy shots, the test mule spotted romping in the snow is also wearing larger exhaust tips and the signature GT2 RS black hood. Expect the finished product to wear its own shoes and a more extreme aero kit as well. The question on everyone's minds will be whether it will, like the latest GT3 and GT3 RS, be offered only with a dual-clutch transmission, a conventional manual, or the buyer's choice of either. We'll find out sooner or later as the most extreme of Elfens is tipped to surface late next year. Related Video:

Porsche drivers escape this horrific VIR crash unscathed

There is no doubting the fact that it takes nerves of steel to be a racecar driver, but the same can also be said for motorsports photographers. Case in point: The American Le Mans Series Oak Tree Grand Prix at the Virginia International Raceway where two Porsche 911 racecars crash hard into the tire barrier, but the dedicated cameraman stays with the shot - diving away only at the last second just as the battered No. 31 car (shown above) comes to rest atop the tire barriers just feet from where he was standing.
The crash occurred when the two Porsches charged hard into a corner. Judging by the video, the white No. 48 car appears to not see the orange No. 31 and the two cars make contact, skidding off track hitting the tire barriers at a high rate of speed. Both drivers walked away from the frightening crash, but the video - posted below - shows just how bad things could have been. Hopefully the close call will serve as a lesson for the woman standing in the track marshal's post who has her back to the racing as the two cars barrel directly toward her.