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Yes copyright applies and requires a 'property release' from Porsche. Now for 'domestic' use its not really an issue its really applicable when £/$/€ is being made.
Max's is not a print. Its a fine original. ( I happen to be a part time artist and I am working on a piece to go in a 9000 sq ft house in Mammoth-a moose)
Just received mine. Had it customized to reflect the color and option of my c2 as well as list the options and ownership in print below the image. Very happy with the finished product.