Positioned as a super-premium offering that would sit between the 911 range and the nearly sold-out 918 Spyder hero, the so-called 988 is the dream of Porsche boss Matthias Müller.
The new supercoupe was expected to draw power from a mid-mounted 4.0 litre eight-cylinder engine delivering around 450kW.
That’s enough power to challenge even the top 444kW Speciale version of the 458, although Ferrari is known to be closing in on a launch date for an even more powerful successor to the 458 that would offer closer to 500kW.
A decision on the new Porsche was expected earlier this year, but a new report with British mag Autocar suggests that the 988 remains little more than a dream.
Porsche has yet to offer any official word. Autocar reports, however, that unnamed insiders have confirmed a hold on the new model until development finishes on the new Panamera, which should launch early 2016.