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Stunning vintage Porsche 911 collection profiled by eGarage

It's Pebble Beach time, so how appropriate that eGarage presents us a vid on one of the finest personal Porsche collections in the world. A former COO of drug maker GlaxoSmithKline, Robert Ingram amassed more then 50 Porsches that include a 1949 356 Gmund, a 1961 356B 1600 Carrera GTL Abarth Coupe, and a 1964 356C Carrera 2 Coupe. His collecting career didn't start well, Ingram saying he bought his first Porsche in 1959 sight unseen and it was a fiasco, the seller had lied about everything. Ingram said he still has the car, unrestored, and uses it to show people "what happens when you don't do your due diligence." Things have got much better. Ingram said he's committed to using his cars during his lifetime, so he called some friends for a weekend in Napa Valley to drive selections like his 1968 911L Rally Kit/Sport Kit II, a 1973 911 Carrera RS 2.7, a 1974 911 RS 3.0, and the first 1990 911 Carrera 4 Lightweight. As far as we can tell, they did not drive the Porsche tractor also in the collection. The collection is covered in a new book called Porsche Unexpected by veteran car writer Randy Leffingwell, with photography by Michael Furman, and it also examines the skill of collecting, with tips and mistakes shared by Ingram and other collectors. You can check out some of the cars and words from the party involved in the video above. News Source: eGarage via YouTube Porsche Coupe Luxury Performance Classics Videos egarage

Former Porsche execs charged with stock manipulation in Germany

The ongoing indictment of top Porsche executives for alleged stock manipulation during the attempted takeover of Volkswagen has taken years to reach an actual decision, but a trial date has finally been set for October 22. In addition to former CEO Wendelin Wiedeking (pictured above) and ex-CFO Holger Haerter, prosecutors have also added Anton Hunger, who was communications boss at the time, to the list of those charged, according to Reuters. The men purportedly made false statements to investors about plans to acquire 75 percent of VW stock. The prosecutor also dropped charges against Ferdinand Piech and Wolfgang Porsche in the same case, Reuters reports. The two Porsche family members were on the company's board at the time, but investigators found that they had no role in making the false statements. If found guilty, the former Porsche execs could face up to five years in prison. As expected, lawyers for Wiedeking and Haerter have repeatedly denied any wrongdoing by their clients. The investigation into Porsche SE's actions during the failed VW takeover go back to at least 2009 when the firm's offices were raided. Wiedeking and Haerter were eventually indicted in 2012. A Stuttgart court initially dismissed the case for lack of evidence, but in 2014 that decision was reversed on appeal. At the same time, investors have brought multiple civil lawsuits against the company, but none of those cases have been successful.

Porsche stalls on Ferrari 458 rival

A few years ago, reports surfaced that Porsche was planning a new supercar. But the latest intel suggests that the plan has been put indefinitely on the back burner.
The project alternately referred to as 960 or 988 was put forth by CEO Matthias Müller shortly after he assumed control of the German automaker. It called for a mid-engined V8 supercar to slot in between the 911 and the 918 Spyder to take on the likes of the Ferrari 458 Italia, McLaren 650S and sister-company Lamborghini's Gallardo and subsequent Huracán.
Now three years since the idea was first mooted, the vehicle has yet to materialize. According to Autocar, Porsche is putting a greater emphasis on refreshing its existing lineup. Which is probably just as well, because the mid-engined supercar would have a heck of a challenge on its hands to differentiate itself in terms of performance from the 911 GT3 and 911 Turbo, which already give the 458 and company a run for their money.