1980 Porsche 924 Turbo (barn Fresh), Runs But Needs Complete Restoring on 2040-cars

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Porsche drivers escape this horrific VIR crash unscathed

There is no doubting the fact that it takes nerves of steel to be a racecar driver, but the same can also be said for motorsports photographers. Case in point: The American Le Mans Series Oak Tree Grand Prix at the Virginia International Raceway where two Porsche 911 racecars crash hard into the tire barrier, but the dedicated cameraman stays with the shot - diving away only at the last second just as the battered No. 31 car (shown above) comes to rest atop the tire barriers just feet from where he was standing.
The crash occurred when the two Porsches charged hard into a corner. Judging by the video, the white No. 48 car appears to not see the orange No. 31 and the two cars make contact, skidding off track hitting the tire barriers at a high rate of speed. Both drivers walked away from the frightening crash, but the video - posted below - shows just how bad things could have been. Hopefully the close call will serve as a lesson for the woman standing in the track marshal's post who has her back to the racing as the two cars barrel directly toward her.

Magnus Walker turbocharges his love for the Porsche 911

He's had his fill of early, long-hood Porsche 911s - he owns at least one from each model year, from 1964 to 1973 - so Magnus Walker, a fanatic of the Stuttgart, Germany-based automaker, recently set his sights on the early Porsche 930, as documented by this XCAR video called 'Turbo Fever.' Let us translate: pretty soon Walker will own all of the earliest, non-intercooled 911 Turbos - at least one from each model year, starting at 1975 and ending at 1977 (though the 1975 911 Turbo Carrera never officially was imported to the US by Porsche, so it'll be tougher to find one Stateside).
Any Porsche enthusiast can tell you why they love their car, and it often comes down to the small details that differentiate one model year from another. One of many examples is the mid-'80s 928. They look similar, but the basic difference between a 1984 Porsche 928 S and a 1985 928 S (US-spec) is two camshafts and 54 horsepower, though each car's V8 has its own pros and cons. We'll let Magnus Walker tell you all about the 930 and what makes the first three years special, as he's becoming quite the expert on early, air-cooled 911s. When the nearly 15-minute mini-documentary was filmed, which you can view below, he already had added four early 930s to his collection!

Former Porsche CEO Wiedeking indicted over VW takeover bid

Do you recall the failed efforts by Porsche to take over Volkswagen? According to a Bloomberg report, former Porsche CEO Wendelin Wiedeking (above) and ex-CFO Holger Haerter have finally been charged with market manipulation over the exercising of options as part of the German sportscar manufacturer's ill-fated attempt to take over the much larger VW. That failed bid eventually resulted in the reverse coming true - VW swallowing Porsche.
The charges leveled by Stuttgart prosecutors come after a three-year investigation centered around allegations that Porsche execs made a concerted effort to increase the company's share in VW to 75 percent in preparation for a hostile takeover. Porsche had previously told its investors on at least five occasions that it had no intention to buy VW.
Portions of the investigation have subsided, according to prosecutors, citing an inability to prove certain improprieties with a "necessary degree of certainty." The number of charges is down to 5 from a previous 14 counts regarding "information-based market manipulation."