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Porsche 911: Big in Taiwan

Porsche is continuing celebrations for the fiftieth anniversary of its iconic 911. In its latest video, it's gone to Taiwan, to interview some of the folks that have grown passionate about the rear-engined sportscar over the years.
By and large, the views expressed in this video could have come from anywhere in the world. The 911 is a great car and that doesn't change from country to country. These enthusiasts have the same passion that fans in England, the United States or Germany have for the Carrera. Take a look below at the full video, to see what the 911 enthusiasts of Taiwan love about their 911s.

$1.4B hedge fund suit against Porsche dismissed

Investors have canvassed courts in Europe and the US to repeatedly sue Porsche over its failed attempt to take over Volkswagen in 2008 (see here, and here and here), and they have repeatedly failed to win any cases. You can add another big loss to the tally, with Bloomberg reporting that the Stuttgart Regional Court has dismissed a 1.4-billion euro ($1.95B US) lawsuit, the decision explained by the court's assertion that the investors would have lost on their short bets even if Porsche hadn't misled them.
Examining the hedge funds' motives for stock purchases and the bets that VW share prices would fall, judge Carola Wittig said that the funds didn't base their decisions on the key bits of "misinformation," and instead were participating simply in "highly speculative and naked short selling," only to get caught out.
With other cases still pending, the continued streak of victories bodes well for Porsche's courtroom fortunes, since judges will expect new information to consider overturning precedent. If there is any new info, it could come from the potential criminal cases still outstanding against former CEO Wendelin Wiedeking and CFO Holger Härter, who were both indicted on charges of market manipulation.

More details on Lanzante's F1-engined Porsche 930 restomod

Not long after last year's Porsche Rennsport Reunion, we posted on Lanzante Engineering's restomod project with the original Porsche 911 Turbo. McLaren Formula One used TAG-branded Porsche engines for four years in the 1980s to win two constructor's and three driver's championships. McLaren sold 11 of those engines to Lanzante — nine of which have been raced, one with a win to its credit — and Lanzante is installing them into the original chassis of some 930s. PistonHeads stopped by the shop to find out more. By the end of its service in the MP4/3, the TAG-Porsche TTE P01 motor rang up 1,060 horsepower in qualifying and 960 hp in the race, revving to a 12,600-rpm redline. Porsche engine legend Hans Mezger had led the development, coaxing those numbers from just 1.5-liters of V6 aided by two large KKK turbos at a max of four bar. All that was fine for a time when F1 ran with unlimited testing and unlimited parts, but a modern owner doesn't want to pay five techs to live in his garage and keep his car running. Lanzante asked Cosworth to make the engine more drivable and reliable. Cosworth installed a new crankcase, adjusted the air-fuel mixture, and installed smaller turbos for quicker power delivery, decreasing max boost by 25 percent to three bar (43 psi). The redline has come down to 9,000 rpm, for final output figures of 503 hp and 310 pound-feet of torque. According to PistonHeads, power climbs a "steady incline to redline," and more than half the rev band delivers maximum torque. The 503-hp rating doesn't sound like much today, when a Mustang gets more than 700 hp. Yet the first 930 Turbos got 296 hp and 243 lb-ft from a 3.0-liter flat-six with one big KKK turbo. The most powerful 930 Flatnose worked up 330 hp and 347 lb-ft from a 3.3-liter flat-six. Lanzante's taken out a ton of weight, though. The TAG engine is already 220 pounds lighter than the 930's 3.3-liter; a new carbon fiber hood and engine cover, and aluminum door skins shed more pounds. The total package weighs roughly 2,430 pounds, which is more than 500 pounds lighter than the original Porsche Turbo. That includes the extra pieces needed to make an F1 engine power a passenger car. Lanzante had to swap in a 930 Flatnose front bumper, which replaces the fog lights for oil coolers. The team put radiators at the front of the car as part of a brand new water cooling system. The climate control is entirely electric, because F1 cars didn't come with HVAC.