Porsche confirms development of mid-engined model to rival Ferrari’s 458 Italia image

Porsche’s management has approved the development of a mid-engined sports car that will be a rival for the Ferrari 458 Italia and McLaren MP4-12C.

Porsche CEO Matthias Muller has confirmed the carmaker is working on a rival for the Ferrari 458 Italia, as the company wants to offer a model which will sit between performance models such as the 911 GT2 RS and the upcoming €840,000 918 Spyder hybrid supercar.

According to Muller, the perfect candidate to fill the empty slot in the lineup is a mid-engined supercar that Porsche expects to offer for about €300,000. Porsche hasn’t yet announced a name for the newcomer, but rumors suggest it could be called 961.

The 458 Italia rival will use technology from the 918 Spyder, including a lightweight carbon fiber-reinforced plastic monocoque chassis. The Porsche 961 is likely to be powered by the same 4.6-liter V8 used in the 918 Spyder, with maximum power to be around 570 hp and a 0-100 km/h time of little over 3 seconds.

These figures are close to what the Ferrari 458 Italia and the McLaren MP4-12C have to offer. The new model is part of Porsche’s plans to sell 200,000 cars a year in 2018.