Porsche Classic’s “Project Gold” Sold for $3 Million USD

Ten minutes and 37 bids later.

Automotive
8.5K 2 Comments

Porsche Classic’s fully-restored 1998 911 Turbo “Project Gold” 993 has just gone under the hammer for a little over $3 million USD — €2,743,500 EUR ($3,125,532 USD), to be exact. As part of RM Sotheby’s The Porsche 70th Anniversary Auction 2018, Porsche spent nearly one-and-a-half years working on this one-of-one version of its iconic sports car, and have gone on record to say that there will never be another one like it.

Having already been 20 years since the last air-cooled 911 rolled out from production, Porsche had to locate the original new-old-stock body from its factory in Zuffenhausen. Along with the body and frame, an additional 52,000 genuine classic Porsche parts were sourced to complete the extremely rare example. In terms of power, the engineers behind this project added 42 more horsepower than the standard 993 Turbo via its “Werksleistungssteigerung II” (WLS II) power kit, giving the “Project Gold” a total horsepower of 450hp at 6,000 rpm. The best part about the sale of this beautiful car is that the net proceeds of €2,589,000 EUR (approximately $2,949,518 USD) will go towards the non-profit Ferry Porsche Foundation.

For more automotive news, McLaren unveils the “Speedtail” hypercar.

Read Full Article

What to Read Next

Ultra-Rare Porsche 911 Turbo S Lightweight Surfaces for Auction
Automotive

Ultra-Rare Porsche 911 Turbo S Lightweight Surfaces for Auction

One of Only 19 models made in the right-hand drive configuration.

Rare Porsche 911 "Turbo Remastered" 1974 Prototype Homage Surfaces for Auction
Automotive

Rare Porsche 911 "Turbo Remastered" 1974 Prototype Homage Surfaces for Auction

Celebrating 50 years since the iconic vehicle’s debut.

Rare 2010 Porsche 911 Sport Classic Surfaces for Auction
Automotive

Rare 2010 Porsche 911 Sport Classic Surfaces for Auction

One of just 250 examples, estimated to fetch as much as $465,000 USD.


One of Porsche’s Rarest Air-Cooled 911’s Surfaces for Auction
Automotive

One of Porsche’s Rarest Air-Cooled 911’s Surfaces for Auction

A 1993 Porsche 911 Turbo 3.6, listed by RM Sotheby’s and notably finished in its original Black Pearl paint.

Instagram Drops Special Halloween Features
Tech & Gadgets

Instagram Drops Special Halloween Features

Including “Superzoom.”

Nike Air Force 270 Utility Straps Up in "Sequoia/Habanero Red"
Footwear

Nike Air Force 270 Utility Straps Up in "Sequoia/Habanero Red"

Arriving this week.

Upcoming CLOT x Air Jordan 13 Is Inspired by Chinese Terracotta Warriors
Footwear

Upcoming CLOT x Air Jordan 13 Is Inspired by Chinese Terracotta Warriors

Continuing to bridge Eastern and Western culture.

Hiroshi Fujiwara & Burton AK457 Release Functional, Detail-Filled Luggage Options
Fashion

Hiroshi Fujiwara & Burton AK457 Release Functional, Detail-Filled Luggage Options

Subtle technical designs.

Nike's Air More Money "Lone Star State" Tips Its Hat to Texas
Footwear

Nike's Air More Money "Lone Star State" Tips Its Hat to Texas

Releasing next month.


Boston Red Sox Beat Los Angeles Dodgers to Claim 9th World Series Championship
Sports

Boston Red Sox Beat Los Angeles Dodgers to Claim 9th World Series Championship

Its fourth title in 15 years.

BAPE Debuts All-New 1ST Camo Shark Masks for Fall/Winter 2018
Fashion

BAPE Debuts All-New 1ST Camo Shark Masks for Fall/Winter 2018

Cold weather gear.

Kanye West Teases Potential Big Baller Brand Collab
Footwear

Kanye West Teases Potential Big Baller Brand Collab

Stay tuned.

Take a First Look at the Carhartt x Nike Air Max 95
Footwear

Take a First Look at the Carhartt x Nike Air Max 95

Dominated by camo.

Anderson .Paak's 'Oxnard' Tracklist Features Kendrick Lamar, Pusha T & More
Music

Anderson .Paak's 'Oxnard' Tracklist Features Kendrick Lamar, Pusha T & More

Arriving November 16.

More ▾