Canadian company Magna International is requesting at least 400 million euros in compensation from Porsche AG for their cancellation of a contract in which the former would produce the latter’s Cayman and Boxster model sports cars in its Austrian factory.

At the Essen Motor Show next weekend, German tuner 9ff is set to unveil its latest creation – the 9ff Speed9. The model, which is based on the 997 Turbo, pays homage to the Porsche 356/ 1500S Speedster of 1955.

Following the Porsche 911 GT3 Cup, Porsche today unveiled the 911 GT3 R, a race car based on the international FIA GT3 regulations that succeed the 911 GT3 Cup S. Porsche says that the main focus on creating another GT3 Cup model was to offer better drivability and even easier handling.

Earlier this morning we saw the lightest model available in Porsche’s lineup – the 2011 Porsche Boxster Spyder...