Porsche Is Working on a New Supercar More Expensive Than a 911
Porsche has been struggling lately, at least from certain perspectives, in that its profits have not been what executives have demanded, blamed in part on big investments in EVs. Enter more expensive Porsches, including, most excitingly, possibly a replacement for the legendary 918 Spyder supercarSupercarA high-performance sports car with exceptional speed, advanced engineering, and striking design, produced in low volumes by marques such as Ferrari, Lamborghini, and McLaren. Supercars sit near the top ofGo to Supercar Glossary.
Porsche is also looking at building a three-row SUV that would sit above the Cayenne in its lineup, like a replacement for the 918 Spyder would sit above the 911. Specifics, at this stage, are hard to come by, but Porsche’s CEO confirmed at a conference that the company’s interest in the new cars is more than just passing.
“We are looking at models and derivatives both above our current two-door sports cars and above the Cayenne,” Porsche CEO Michael Leiters said, according to Car and Driver.
The new SUV has been speculated about for years now, and in 2023, it was thought that the car—codenamed K1—was an all-electric three-row SUV built with off-road capabilities. The ride height would be adjustable, and it was to be built to compete with cars like the Tesla Cybertruck, Rivian R1, and the GMC Hummer EV.
The car was also going to be priced at something like three times that of a Cayenne, which currently starts at $89,900, which would make the price somewhere well north of $200,000, which would align with Porsche’s current priorities of selling more expensive products. It sounds like, now, the flagship SUV won’t be all-electric, either, with gasoline and hybrid configurations instead.
The supercarSupercarA high-performance sports car with exceptional speed, advanced engineering, and striking design, produced in low volumes by marques such as Ferrari, Lamborghini, and McLaren. Supercars sit near the top ofGo to Supercar Glossary, on the other hand, would be a different kind of expensive product, and would compete with cars like the McLaren W1 and the Ferrari F80. Car and Driver speculates that the car could have any number of powertrain configurations, from all-electric to hybrid—like the F80 and 918 Spyder—to a pure gas-powered machine, possibly with a twin-turbo 5.0-liter flat-eight engine the company shelved a few years ago.
The lack of details there suggests that the car is some ways off from becoming a reality, but, regardless, when it does appear, it will almost certainly open the hearts of Porsche purists, and possibly even their pocketbooks as well.
This article originally appeared in Robb Report US.