“Project Gold” By Porsche Classics Sells for a Heavy $4.25 Million AUD
— Updated on 5 May 2021

“Project Gold” By Porsche Classics Sells for a Heavy $4.25 Million AUD

— Updated on 5 May 2021
Madelyn May
WORDS BY
Madelyn May

After 37 bids and ten hectic minutes, the golden prize was auctioned away at Saturday’s “RM Sotheby’s – The Porsche 70th Anniversary Auction 2018” in Atlanta, Georgia. Porsche spent nearly a year and a half creating this one-off version of its 1998 Porsche 911 Turbo “Project Gold” 993 and, unfortunately, have gone on record to say that they will never create another like it. 

Porsche curated parts from a range of different sources in the creation of this golden chariot. The original new-old-stock body came from its factory in Zuffenhausen, left over since the last air-cooled 911 rolled out of production 20 years ago. Aside from the body and frame, an additional 52,000 genuine classic Porsche parts were sourced to complete the rare masterpiece. 

The engineers behind this project added 42 more horsepower to the standard 993 Turbo via its “Werksleistungssteigerung II” (WLS II) power kit, giving the “Project Gold” a total horsepower of 450hp at 6,000 rpm. Yet another beautiful part of this sale is that all net proceeds of nearly $4.25 million AUD go to the non-profit Ferry Porsche Foundation, a foundation supporting projects in connection with education and social issues, as well as playing an active role in youth development.

RELATED: This aerospace CEO’s rainbow coloured Porsche collection.

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Madelyn May
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