Porsche In Advanced Talks With Qatar For Company Share

Porsche In Advanced Talks With Qatar For Company Share

PORSCHE HAS ENTERED talks with the Qatar Investment Authority (QIA) that could lead to the wealthy Gulf state taking a hefty stake in the German supercar manufacturer, alleviating its debt position.

According to British newspaper the Financial Times, sources close to the talks have confirmed that Porsche CEO Wendelin Wiedeking is in discussions with QIA [...]

Tesla Roadster One-Make Race Series In The Works?

Tesla Roadster One-Make Race Series In The Works?

We’ve yet to see a Tesla Roadster being wheeled by someone other than a celebrity or a journalist, but it appears that plans are afoot for a one-make race series for the Lotus-based electric supercar.

Two Middle-Eastern groups - one in Dubai and the other from Qatar - are reportedly in talks with Tesla Motors to [...]

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