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    Lee Sibley
    They’re calling it the massacre of Monterey. One of the highlights of #Car-Week in California, auction houses present their sales in front of some of the world’s wealthiest people, who flock to the coastal city to indulge in a festival of luxurious and collectible sports cars. This year though, it’s fair to say auction house sales had lost their sparkle.

    In many ways the writing was on the wall. Most luxury marques and models, including the Porsche 911 in its various iterations, are down in value compared to a year or two ago. The #Porsche-911R / #Porsche and 997 GT2 RS are good cases in point: both these collectibles were valued at 20 per cent more just 12 months previously. Developments – or lack of – at #Monterey sought to confirm this downwards trend. Many lots didn’t sell, including desirables including a 993 GT2 and 2.7 RS Touring, while others were way down on reserve by the time the hammer fell.

    The entire Monterey sale will be remembered by the farcical events around lot 362, the sole remaining Type 64. Not technically a Porsche, this is a 1939 car built and driven by Dr Ferdinand Porsche and was intended to compete in a Berlin to Rome race in honour of a Pact of Steel between Nazi Germany and Fascist Italy at the time.

    Lot 362 was expected to fetch $20 million, but a mistake started the bidding at $30 million instead of $13 million, with ‘offers’ climbing to $70 million (rather than $17) before the error was realised. Among derision in the room, the sale collapsed. Regardless, Sotheby’s sale was down 25 per cent overall on 2018, a very definitive marker as to the state of the market presently. There’s much conjecture as to why this is the case, from generic talk of a recession, to changes in buying habits of younger generations.

    Without doubt there’s very little confidence in the market right now, but this downward trend in values is no bad thing. It is a widely held view in the industry that prices have been too high for many models for some time now, so an adjustment – no, a reality check – was dearly needed. It looks like that’s exactly what we got from Car Week.
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    Owner: Lee Sibley Poole, UK

    Model: #Porsche-911-Carrera-996.1 / #1998-Porsche-911-Carrera-996.1 / #Porsche-911-Carrera-996 / #Porsche-911-Carrera / #Porsche-911-996 / #Porsche-911 / #Porsche

    Year #1998

    Acquired JAN 2019

    After the 996’s roadbased European adventures I was keen to get a track day under my belt for 2019. With tyres and brakes recently renewed all-round, I figured now was the best time to indulge.

    I opted for a Porsche Club GB track day, as usually the standard of driving is pretty respectable and, best of all, there’s always a good atmosphere: proceedings aren’t overawed by high volumes of cars – a common mistake made by mainstream trackday companies – and everybody is happy to talk to anybody. Being a PCGB event, I also benefitted from complimentary track day insurance cover as part of my policy with Locktons, subject to an excess of 10 per cent of the vehicle’s value.

    Goodwood was the chosen venue, because unbelievably I’d never driven the motor circuit there before. It was a real box-ticker for me, made all the more special because my dad had decided to come along for the day. I always relish some father and son time, especially when he’s paying for breakfast en route… and before anyone moans, I did offer!

    The track day itself was brilliant. A great mix of cars were on track, from a beautiful 964 RS right up to a plethora of 991.2 GT3 and GT3 RSs. It was a pleasure to share a circuit with them and engage in some brilliant conversations with their enthusiastic owners. A good, complimentary lunch topped things off, and I always appreciate the exceptional organisational skills of the PCGB team lead by James Mclaren-Rowe.

    In hindsight I could have done with some tuition to properly learn the lines, but I had a belter of a day simply having a laugh with my old man. As for the 996? Firstly, let me say it performed excellently overall.

    As my dad and I teared around Goodwood’s pretty circuit, giggling away all the while, I couldn’t help but think just how good value for money these cars are. My example had just got back from a 2,871-kilometre (1,784-mile) European trip less than a week before, and had zero preparation for the track day besides a quick tyre pressure check. If you can find a good example they give you so much sports car for as little as £15k. Phenomenal.

    Secondly – perhaps inevitably – it highlighted, as all track days have done with my 996s through the years, that the car’s 21-year-old suspension is due for renewal. I’ll look at that in the coming months.
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    Lee Sibley
    Lee Sibley joined the group Porsche 911 993 Club
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    Hybrid #Porsche-911-992 ‘in three or four years’

    / #Porsche-911-Hybrid-992 / #Porsche-911-Hybrid / #Porsche-911 / #Porsche / #Porsche-992

    Porsche chairman Oliver Blume has reaffirmed that the company is committed to launching a petrol-electric hybrid version of the 911. “We will continue with high-performance petrol engines in our sports car for as long as possible,” said Blume. “We are thinking about a hybrid drivetrain for the 911. The platform is already prepared.” Porsche has gained expertise in hybrid drivetrains through its motorsport activities, including three wins at Le Mans with its 919 Hybrid. Blume said the hybrid driveline under development would be the highest-powered driveline in the 911. He pointed to the Panamera S-E Hybrid as an example of what is possible, noting that it uses 60Ah battery technology and makes around 700bhp. By comparison, the latest evolution of the 911 Turbo uses a twin-turbo 3.8-litre petrol engine developing 532bhp. “There’s no decision yet whether we will have a plug-in hybrid, which has more weight but more range, or a solution like that in the 919 Hybrid race car,” said Blume. “But in three or four years we’ll be able to offer a hybrid of some sort in the 911.”

    A hybrid 911 would be the most powerful in the model’s line-up
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    Lee Sibley
    Lee Sibley joined the group Ferrari 360
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    First 992 products from Exclusive revealed

    / #Porsche-911-992 / #Porsche-992 / #Porsche-911 / #Porsche / #Porsche-911-992 / #Porsche-Exclusive-Manufactur

    Porsche has revealed the first options readily available for the #Porsche-911-992 from its Exclusive Manufactur department. A lightweight- #carbon-fibre-roof , #LED headlights and Porsche-embossed headrests are already available via the 992’s online configurator, with leaked images on social media showing a forthcoming GT3-style fixed rear wing.
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