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Final notes from Porsche Rennsport Reunion V [w/videos]

Having spent three days with an intense Monterey sun above, a fleet of raucous, roaring racecars below, and a genuine library of hundreds of cars parked everywhere, Porsche Rennsport Reunion V can be summed up in one word: amazing. It's one thing to know today that Porsche is special because rich people buy them and collectors obsess over them. It's another thing to see and hear and feel and smell why Porsches are special, to experience what really makes a brand. Whenever auto writers use the word "pedigree" – usually in reference to brands that don't have it – this is what we mean. And we bathed in it for a weekend. Now we need to wash all of our clothes, because pedigree smells like race fuel. Porsche used all of the Mazda Raceway Laguna Seca pit garages to set up an excellent display of important Le Mans cars, from the 1958 718 RSK to the current 919 Hybrid. All but one were overall or class winners, and four consecutive pit boxes held cars that were all in the movie Le Mans: a 1969 910, a 1969 917K, a 1970 908 LH "Flunder" Spyder, and a 1971 917 LH. Outside the garage on its own plinth was a 1949 Gmund 356 SL, the first Porsche to win an international motorsports race when it took its 110cc class at Le Mans in 1951. Walking from 1958 to 1998 and having all that history in the metal behind you, you could see why Porsche wanted to spend hundreds of millions of dollars to return to Le Mans with the 919 Hybrid to protect its legacy. Even with three full days we didn't get to see everything we wanted to see or talk to everyone we wanted to talk to. We could have spent days interviewing the Who's Who of racing drivers alone. But we did get to answer the questions you left for us in Comments after our 2017 911 Carrera ride-along: RoninEdge: The engineers had left by the time we got your Boxster/Cayman engine question, and the only answer we could get after that was the official Porsche line: "We haven't released any information on any 2017 models other than the four already mentioned," the 911 Carrera and Carrera S in coupe and cabriolet trims. Ferps: Posche North America decided to take the Targa off the website, but you can still buy 2016 models and there are still Targas on dealer lots. The 991.2 Targa hasn't been revealed yet. JohnnyHedwardsJr: We couldn't review the 911 GTS Rennsport Reunion Edition, but there is a gallery of live images below. Porsche is only making 25, and every one of them is spoken for.

Meet the man that discovered and restored the oldest existing Porsche

Luciano Rupolo is an absolutely fascinating gentleman. He was born in France but spent nearly his entire life in Italy as an auto mechanic running his own shop. His grandfather and father instilled a love of sports cars in him that he carried on by historic racing in Italy for decades. He saw his life-long automotive passion repaid when he found and restored the car that might have been the first Porsche registered for the road.
You can spot in his garage a split-window Corvette, Ferrari 250 GTE and other exotics, but Rupolo's most interesting automotive story concerns his Iso Grifo Competizione (pictured above). The sports coupe was found in the Canary Islands as little more than a shell, but Rupolo got help from a prestigious source for its restoration. The result is a motoring masterpiece.
Rupolo is a fantastic storyteller with a captivating, tale to tell. Settle in, scroll down and watch the bittersweet documentary about his life with one of the first Porsches.

Volkswagen profit jumps as it warns of a cooling auto market

FRANKFURT, Germany — Volkswagen says its profits jumped 44% in the third quarter thanks to a more profitable mix of vehicles in its lineup but warned that global car markets are slowing more than expected and lowered its forecast for annual sales. After-tax profit rose to $4.42 billion (3.98 billion euros) as revenues rose 11% to $68.27 billion (61.42 billion euros). The sales margin of 7.8% exceeded the goal of 6.5-7.5% as vehicles bringing higher profits took a larger share of sales. The Wolfsburg-based automaker pointed to the headwinds facing the industry by saying that it expects "vehicle markets will contract faster than previously anticipated in many regions of the world." It said sales would be "on a level" with last year's record of 10.8 million vehicles. Previously it had expected a slight increase. The company said its profits would be in the lower end of its forecast range. Global automakers are facing a slowdown in sales amid disputes over trade and from pressure in the European Union and China to develop and sell low-emission vehicles that require heavy investment in new technology. Ford and Renault have issued profit warnings in recent days, while Daimler, maker of Mercedes-Benz luxury cars, lost money in the second quarter and is expected to outline a cost-cutting strategy for investors on Nov. 14. Volkswagen is leading the push into electric vehicles in Europe by launching its ID.3 battery-powered compact car at prices it says will make zero local emission vehicles a mass phenomenon. The company was able to increase earnings in the quarter despite an 18% rise in spending on research and development.