The gavel came down on $550,000, with proceeds going to support the fight against Coronavirus.
UPDATE: The RM Sotheby's auction just ended, with the 911 Speedster selling for a cool $550,000. The car handily eclipsed its pre-auction estimate of $311,940.
Porsche announced today that the last previous-generation 911 would head to the auction block later this month to help raise money for the United Way Worldwide’s COVID-19 Community Response and Recovery Fund. The final 991-series 911, a Speedster, comes with more than just the car, though. The automaker is offering up a compelling, once-in-a-lifetime package that should be enticing for any Porsche enthusiasts while helping to respond to the coronavirus pandemic.
The winning bidder will get more than just the car as Porsche is pairing the 911 Speedster with a bespoke package filled with goodies. That includes a 911 Speedster Heritage Design Chronograph, though that’s not all. The winning bidder, along with one lucky guest, will also get an opportunity to take a behind-the-scenes tour of the Porsche AG Weissach development headquarters. That personal tour includes “experiencing the test track” with Dr. Frank-Steffen Walliser and Andreas Preuninger, heads of the 911 and GT model lines, respectively.
Delivery will take place at a dedicated event in the U.S. with Porsche Cars North America President and CEO Klaus Zellmer hosting the handoff of the car. The winner will also get a book that highlights the completion of the last 991. The book will include photographs along with an original sketch by the Speedster design team.
The final 991 Speedster is one of 1,948 examples that Porsche made to honor 70 years of Porsche sports cars. It packs a naturally aspirated 4.0-liter flat-six making 502 horsepower (374 kilowatts) that routes power through a six-speed manual gearbox. The Speedster features the Heritage Design Package and GT Silver Metallic Paint.
Gallery: Final Porsche 911 Speedster For COVID-19 Relief
One hundred percent of the proceeds will go to support the United Way Worldwide’s COVID-19 Community Response and Recovery Fund. RM Sotheby’s is hosting the auction through its Online Only platform, and bidding will be open for one week. There’s no reserve. Bidding opens 11 a.m. Eastern on Wednesday, April 15, and closes Wednesday, April 22, at 1 p.m. You can learn more about the bidding and registration process from RM.
$1 Million Benefit for United Way COVID-19 Relief as Porsche Cars North America Matches $500,000 Winning Bid in Auction of Final Porsche 911 (991)
Winning online bidder will receive a 911 Speedster – the final 991 to enter and pass down the serial production line - and unique gift package
ATLANTA, Georgia. Following a seven-day bidding period and 32 bids, an online auction hosted by RM Sotheby’s for the last Porsche 911 (991) to enter and pass down the serial production line has raised $500,000 (auction hammer price). Porsche Cars North America, Inc. (PCNA) has decided to match the winning bid to raise the total proceeds to $1 million. The money will be donated to United Way Worldwide, less taxes and fees, to directly aid its work for COVID-19 relief in America.
The winning bidder will receive the 911 Speedster at a special event hosted by Klaus Zellmer, President and CEO of Porsche Cars North America, Inc. With the car comes a unique package of experiences and gift items, including an exclusive tour of Porsche’s engineering and design headquarters in Weissach, Germany, as the guest of Dr. Frank-Steffen Walliser and Andreas Preuninger. There is also a bespoke Porsche Design timepiece complete with the chassis number of the 911 Speedster etched onto its casing, accompanied by a specially created single-edition book charting the construction of the last 991 as it entered and passed down the serial production line in Stuttgart-Zuffenhausen.
Klaus Zellmer, President and CEO of PCNA, said: “When we began this project, I wanted to use our voice to help raise awareness and funding for the incredible work of United Way. I’m pleased to have helped draw attention to their efforts and I’m deeply appreciative of the generosity and kindness of all the participants and the winning bidder. We are joining in that spirit by making our own donation on top of the winning bid for this special part of our history. We can now look forward to the funds raised making a direct difference to those who need it most right now.”
“Porsche’s generosity will make a real difference as we fight COVID-19 and prepare for the recovery phase in the communities that we serve,” said Brian Gallagher, President and CEO of United Way Worldwide. “United Way is focused on supporting those who need it most right now, and the money raised by this unique sale will go to local healthcare services, food banks, and to providing care and triage for impacted communities. We appreciate the speed and enthusiasm by which Porsche has made all of this possible.”
Kenneth Ahn, President, RM Sotheby’s, commented: “The collaborative spirit and urgency with which this sale was arranged really brought out the best in each of the organizations involved – all with the aim of quickly and efficiently raising awareness and funding for the important work of the United Way. We’re proud to have been part of the sale – and thank PCNA for entrusting us with the process for an important cause. The bidding proved to be every bit as exciting and intense as we’d hoped, with seven bids logged in the final minutes of the auction alone. It’s always fantastic to witness the generosity of the collector car community and we’d like to extend our sincere gratitude to all bidders and our congratulations to the eventual winner.”
The 911 Speedster is intended to be presented to its new owner at a special event hosted by Klaus Zellmer, which is yet to be scheduled. The winning bidder will be able to visit Weissach at a time of their choosing.
The U.S.-based auction was open to U.S. residents only. Bidding began on April 15 and closed on April 22 at 1:00 pm EDT. There was considerable web traffic over the seven-day period, with more than 48,500 unique page views resulting in significant bidder interest and a total of 32 bids, more than the average number of bids on RM Sotheby’s typical Online Only lots. The final price of the auction lot was $550,000, including buyer’s premium. RM Sotheby’s will donate a significant portion of its buyer’s premium to the UW COVID-19 Fund.