Porsche has plans for a new mid-engined supercar that, if approved by bosses at parent company Volkswagen, will take it into direct competition with Ferrari, McLaren and sister firm Lamborghini.

Conceived as a regular model rather than a high-priced, limited-edition production special, the new two-seater is intended to be positioned above the 911 but below the the 918 Spyder. Roadster and coupé versions are being discussed.

“We’re looking to extend the range,” Porsche boss Mathias Muller revealed in a recent interview. “We’ve got an idea to do another mid-engined model. We’re thinking above the 911 but below the 918 Spyder.”

Muller suggests that the new supercar has already progressed beyond the initial drawing board stage. “We have ideas on styling and design, which we will continue to develop in the coming months,” he revealed. “We’ll also evaluate the economic side and then decide [whether to push ahead].”

FRANKFURT -- Porsche AG is planning to develop a sports car that would compete directly with the more exclusive Ferrari brand, CEO Matthias Mueller said.

"It always irritated me that the (most expensive) 911 tops out at 250,000 euros ($360,000) and then the 918 continues starting at 750,000 euros," Mueller told the German daily newspaper Sueddeutsche Zeitung in an interview published on Monday.

He added: "In between, Ferrari cavorts around relatively comfortably and without any competition. That is where we need to be. There is still space for a larger sports car, one like the 959 that we built in the 1980s."

Mueller said such a model could cost 250,000 euros to 400,000 euros.

Source: Reuters

that sort of look like a Boxster...

I was thinking RUF CTR3

Peter, sell RS buy Scuderia. Cheaper maintenance costs, higher reliability. The Scuderia doesn't break as often as the GT3, no RMS leaks, no crappy diff. Parts are affordable and cheaper than Porsche parts (if you know who to ask, and where to buy)