Category: Sports Cars (Page 26 of 28)

VW to purchase Porsche

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News broke over the weekend the VW will purchase Porsche.

Porsche SE’s controlling families will agree Thursday to accept an offer by Volkswagen to buy its sports car business Porsche AG for roughly 8 billion euros ($11.28 billion), Der Spiegel reported Saturday.

Germany’s leading weekly magazine wrote that the rival Porsche and Piech clans, which own 100 percent of Porsche SE votes, will approve the two-stage takeover at a supervisory board meeting on July 23.

There are several hurdles to the deal, however, including some tax issues, so we may not see this deal close as soon as initially reported.

Porsche Panamera Turbo sets fastest lap by a sedan

porsche-panamera

The Cadillac CTS-V held the record for the fastest lap by a sedan at Nürburgring since May 9, 2008, but now that time has been beaten by the Porsche Panamera Turbo. Of course, as pointed out by AutoGuide.com, the Caddy costs about half of what you’ll pay for the Porsche.

That said, Porsche has to be pleased by the performance of this beautiful sedan.

Chrysler will keep the Dodge Viper alive

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The new Chrysler is off to a fast start as it decides to reverse a decision to kill off or sell the Dodge Viper nameplate.

Chrysler Group LLC announced today that production will continue for the legendary Dodge Viper SRT10.

Originally slated to cease production in December 2009, the Chrysler Group Conner Avenue Assembly Plant — the exclusive home of Dodge Viper production since 1995 — will continue to build the V-10 powered sports car. Chrysler Group is no longer pursuing a sale of the Viper business assets.

“The Dodge Viper has successfully captured the hearts and imagination of performance enthusiasts around the globe,” said Mike Accavitti, President and Chief Executive Officer, Dodge Brand. “We’re extremely proud that the ultimate American-built sports car with its world-class performance will live on as the iconic image leader for the Dodge brand.”

Hopefully this decision bodes well for the new company. The Dodge Viper is an impressive performance vehicle, and the new Chrysler needs signature vehicles for branding purposes.

The 2010 Hennessey Z700 rocks!

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Sub5zero.com has the goods on the new 2010 Hennesey Z700.

If your mantra is “Too much horsepower is never enough” Hennessey Performance Engineering has answered your call. This is especially true if you are the owner of a 2010 Chevy Corvette ZR1. If you’re thinking — ‘Isn’t the 2010 Corvette ZR1 already the fastest and most powerful production Vette ever with 638 hp and supercar performance?’ — you are correct. But Hennessey believes that everyone should have an opportunity to step their ride up to the next level. Porsche 911 owners can purchase the GT3 RS, Dodge Viper drivers can grab the Viper ACR and now Corvette ZR1 enthusiasts can move up to the Hennessey Z700.

The Hennessey Z700 is dyno tuned to 705 bhp and 717 lb-ft of torque with the help of a new supercharger, upgraded exhaust and reworked air induction systems. The 2010 Corvette ZR1 is then put on a serious diet with the biggest reduction coming via the replacement of stock rims with ultra-lightweight carbon fiber wheels wrapped in Michelin Pilot Sport Cup tires (which sheds 60 pounds). A Z-Aero carbon fiber front splitter, canards and rear spoiler add over 300 pounds of downforce. You also get a revised interior that includes carbon fiber seats along with an Alcantara steering wheel and shift knob.

Check it out sub5zero for more photos and information on this monster ride.

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