Porsche Great Britain has announced plans to celebrate the 911's 50th anniversary by introducing the "Project 50" at the Goodwood Festival of Speed.

Porsche Great Britain has announced plans to celebrate the 911's 50th anniversary by introducing the "Project 50" at the Goodwood Festival of Speed.

Set to compete in a variety of historic races, the 1965 Porsche 911 was originally purchased by an Italian customer who paid the equivalent of £3,438 ($5,211) in today's money. The car - which features a 2.0-liter flat six engine that develops 130 bhp (97 kW) - traded hands several times over the years and was eventually converted into a FIA-approved race car in the late 1990s. Porsche GB recently acquired it and will soon send it to Porsche Classic to ensure it is up to racing duty.

Following its debut at Goodwood, the Project 50 will compete in select Masters Series event and be driven by "surprise guests" as well as famous Porsche racers including Richard Attwood and Barry Horne.

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Porsche 911 Project 50 race car to debut at Goodwood