New Racecars From Porsche And Ferrari, Government To Help Resolve Chip Shortage, And The EVs That Qualify For New Tax Credit: Cold Start


On Friday, Porsche took the covers off its new 911 GT3 R racer. The engine capacity has been increased to 4.2 liters, there’s 557 horsepower on tap, the car is better to drive and easier to set up than ever, and it’s a more efficient machine in terms of wear and tear. At a cost of $567,210 before any options, this is a racer for the rich.

Over at Ferrari, the 296 GTB has now spawned a GT3 variant for the track. Naturally, it has less power than the road car, but 600 hp is still plenty. Like the Porsche, this new racer promises numerous improvements over the 488 GT3. Exact pricing has not been revealed, but it will be a little higher than the $615,000 commanded by the 488 GT3. Ouch.

Click here to read the Porsche 911 GT3 R reveal

Click here to read the Ferrari 296 GT3 reveal


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