The Latest Breaking News from Porsche

The WEC hosted its annual two-day pre-season test at the Losail International Circuit on Monday and Tuesday, providing some hints about the competitive picture for the Qatar 1812Km race.

The Italian manufacturer has confirmed that it has not taken any of the so-called evo jokers allowed to manufacturers competing in the Hypercar class ahead of this weekend’s WEC curtain-raiser in Qatar.

Frederic Makowiecki posted a lap of 1m41.223s in the #5 Porsche Penske Motorsport-entered 963 LMDh with fewer than 30 minutes left on the clock, dislodging the #94 Peugeot 9X8 that had led the way since the early part of the session.

The decision to delay an update centred on a new crankshaft for the 963’s 4.6-litre twin-turbo V8 has been made after discussions with WEC organisers the FIA and the Automobile Club l’Ouest and IMSA in North America, which jointly govern the LMDh category.

The team entering its 30th season, run by Hans-Bernd Kamps, has also announced that its event company Project 1 Drivetime, which ran the BMW M2 Cup on the DTM undercard, will also close down. A short statement released by the team on Monday evening said: "After numerous discussions with investors,…

Callum Ilott set the pace aboard the British team’s #12 Porsche 963 LMDh in the night session on Monday with a 1m40.541s laid down in the opening minutes of five hours running on the Losail International Circuit.

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The auction house estimates it will sell for seven figures at its upcoming event.

With plans for higher-volume vehicles coming down the road, Lucid's CEO is pushing investors to think long-term.