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Aston Martin renames Vantage GT3 after Porsche throws hissy fit

Porsche has a long history of using the name "GT3" for its hardcore, naturally aspirated 911 models, and that means it's certainly not going to share it with the likes of Aston Martin. See, it seems the arrival of the Aston Martin Vantage GT3 at the 2015 Geneva Motor Show didn't sit well with Stuttgart, which opted to lawyer up. According to Goodwood Road and Racing, attorneys from both sides of the Channel have been in discussion for months over the issue, with Porsche arguing it's been using the GT3 name since 1999, and that makes it theirs. Aston, though, argues that the FIA GT3 racing series makes the name fair game for road cars. Moreover, the Brits point out that the alphanumeric was in use well before Porsche got its mitts on it – GRR rightly points out the Lotus Esprit GT3 hit the streets three years before the 996 GT3. And while we're on the subject, Bentley has its own GT3, but we're guessing its status as one of Porsche's siblings means its immune to this kind of squabbling. Rather than getting into a knock-down, drag-out courtroom brawl with one of the Volkswagen Group's prized brands, though, Aston has taken the high road. The company will rechristen both the road-going Vantage GT3 and Vantage racer as the GT12. While Porsche is no stranger to aggressively protecting what it views as its closely held vehicle names, we have to admit, it seems like Aston actually has something of a case. Do you think the Brits were right to settle and change the Vantage's name, or should they have taken the fight to Porsche? Have your say in Comments.

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.

Porsche spotted testing next 911 GT3 in its natural habitat

Want a Porsche 911 GT3? Well too bad, because they're all sold out – and from what we hear, they have been for a while. But don't worry, there'll be another one coming soon. And here's our first look at it. Based on the updated 991, the new GT3 may be one of the few variations on the theme that won't be going turbocharged. It may, however, get a three-pedal manual transmission – possibly the six-speed from the 911 R as opposed to the seven from the Carrera. That is, at least, if the tinkerers in Weissach perk up their ears and listen to what their most enthusiastic customers have been saying. Because while the dual-clutch PDK may be faster, the GT3 has traditionally been as much about the driving experience as it has about outright pace. As it's mostly wearing the bodywork of the outgoing GT3, there's unfortunately little to be seen from this prototype spotted testing at the Nurburgring in one of the first (mostly) thawed test sessions of the season. But you can expect the new model to blend elements from the old GT3 with the revisions made to the new 911. And with it, expect a bit more power and a bit more performance from the latest iteration of a driving enthusiasts' favorite. We're told to expect the new 911 GT3 to hit dealers some time next year. There may or may not be a GT3 RS to follow, but from what we've seen, there ought to be an even faster GT2 RS entering the mix before long as well.