Porsche AG, also known as Dr. Ing. h.c. F. Porsche AG, is a publicly owned company headquartered in Germany, founded in 1931. The company employs approximately 14,110 individuals and reported $33.3B in revenue as of 2024. Porsche AG functions as a German automobile manufacturer specializing in high-performance sports cars, SUVs, and sedans, with further engagement in motorsports and cycling. The company is owned by Volkswagen AG, a controlling stake of which is owned by Porsche Automobil Holding SE.
On March 22, Porsche indicated advancements in its electrically assisted power steering systems, which have been universal across the automotive industry for over a decade. The same day, the company also detailed its engineering focus on reducing noise, vibration, and harshness (NVH) in new cars, addressing numerous sources from road surface to drivetrain. Previously, on March 21, Porsche Penske Motorsport secured a commanding 1-2 finish in the Mobil 1 Twelve Hours of Sebring, with the #7 Porsche 963 of Felipe Nasr, Julien Andlauer, and Laurin Heinrich emerging victorious, marking its second consecutive win in the IMSA WeatherTech SportsCar Championship’s ‘Florida 36 Hours’. Concurrently, Manthey, a Nürburgring-based tuner, showcased its specialized version of the 992-era GT3 RS, featuring a lowered body and distinct aerodynamic enhancements.
Porsche AG sells broadcasting rights of its 2 motorsports competitions to 41 companies globally, covering 9 countries. Porsche AG's rights holders include YouTube. Porsche AG currently holds broadcasting rights for sports competitions including motorsports.
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