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Porsche celebrates 50 years of 911s with limited edition model

Despite being 50 years old now, the Porsche 911 sure is looking good for her age. And to commemorate this milestone anniversary, Porsche has created the 911 50 Years Edition you see here, which will make its debut at the 2013 Frankfurt Motor Show - 50 years after the original 911 debuted at this very same expo.
What's really neat about the 50 Years Edition is that it houses a rear-wheel-drive setup inside of the wider body used for all-wheel-drive Carrera 4 and 4S models. Found at the back is the 3.8-liter flat-six from the Carrera S, upgraded with the Powerkit package that increases horsepower from 400 to 430 and includes the Sport Chrono setup. According to Porsche, hitting 60 miles per hour takes just 4.2 seconds with the seven-speed manual transmission, or 3.8 seconds with the optional dual-clutch PDK.
Visual changes include two special paint colors - a darker graphite grey and a lighter geyser grey - unique 20-inch wheels that pay homage to the original Fuchs rollers of the 1963 car, and special badging at the rear and on the door sills. Inside, there are more throwbacks to the original 911, with green labeling on the instruments, white pointer needles and silver accents. What's more, the leather seats feature a fabric insert reminiscent of the Pepita design from the '60s. Looks great to us.

Son of Porsche 911 designer recalls 1963 Frankfurt debut

The Goodwood Revival is described by its presenters as the greatest motorsport racing party of the year. We often focus heavily on the motorsports, but you can't forget about the party. For the first preview of the new 911 Turbo in the UK, Porsche recreated its booth from the Frankfurt Motor Show in 1963 - the time and place of the original 911's public debut.
Porsche's cameras also caught up with Mark Porsche, the great grandson of Dr. Ferdinand Porsche and son of the late Ferdinand Alexander "Butzi" Porsche, who oversaw the design of the 911. Mark Porsche admires the 911's friendly design, which is set off by the round headlights, and says his mother, who was at the original Frankfurt booth in 1963, was milling around the booth at Goodwood - no doubt taking a trip down memory lane.

Porsche again staring down another $1.8B in hedge fund lawsuits

The sequence of events from 2007 that began with Porsche's secret attempt to take over Volkswagen, and instead lead to Porsche being taken over by VW, continues to instigate lawsuits against the Stuttgart sports car manufacturer. A group of hedge funds that suffered over $1 billion in losses sued the car company in New York. Porsche had publicly stated it wasn't trying to buy VW, the hedge funds in question were shorting VW stock, and when Porsche's actual intentions were revealed, the stock shot up and the hedge funds took a beating.
The case was thrown out over the issue of jurisdiction, then appealed, only to see another suit filed on top of that. After that, most of the hedge funds withdrew their claims in New York and Porsche offered a 90-day window to refile in Germany where it is already fighting a number of other suits over the same issue. The hedge funds accepted the offer, refiling in Stuttgart for $1.8 billion in damages. According to Bloomberg, Porsche hasn't commented on the refiling, but as the same plaintiffs are involved, it's safe to assume that the carmaker still feels the case is "unsubstantiated and without merit." It has fared alright so far even in German courts, with two lesser cases against it thrown out last year.