Weekly Porsche Wrap

Some big news this past week for Porsche, just mostly focused around a couple of events:

Porsche takes a majority stake in VW – Monday, Porsche announced it had increased its ownership of VW shares to 50.76%. Not surprising news other than the timing. I didn’t expect his to happen until later in 2009. [Via Finding Dulcinea]

How Porsche hacked the financial system and made a killing – On the VW takeover note, I ran across an interesting blog post talking about how Porsche achieved a seemingly impossible feat of taking a majority foothold in VW. [Via Radian.org]

Porsche to debut new Panamera in China – In an interesting move, Porsche announced it will have the official unveiling of the Panamera at the Shanghai Auto Show rather than the Geneva Auto Show. A bit surprising. [Via Edmunds Inside Line]

Porsche Power fastest in both classes at Rolex 24 Hours at Daytona Winter Test – I don’t know much about racing, but “fastest” seems like a solid title especially when you’re Porsche. Be interesting to see how the car performs this season. [Via Paddock Talk]