Porsche CEO Matthias Müller has hinted at the possibility of a mid-engine supercar but a new report is indicating the model still hasn't been approved for production.

Porsche CEO Matthias Müller has hinted at the possibility of a mid-engine supercar but a new report is indicating the model still hasn't been approved for production.

According to company insiders who talked to Autocar, the project has been put on ice so Porsche can focus on more pressing issues such as the next-generation Cayenne and Panamera as well as a new range of engines and transmissions. These models aren't due for a couple of years so it seems likely that the mid-engine supercar is still a ways off - assuming it gets approved for production in the first place.

As a refresher, the model was envisioned to battle the Ferrari 458 Italia and was rumored to be called the 960 or 988. The car was also slated to feature a twin-turbo engine that developed up to 620 PS (456 kW).

Note: Porsche 918 RSR concept pictured

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Porsche mid-engine supercar reportedly on hold