Published: 18 June 2026
Few locations in Europe show off a car quite like Tegernsee. Tucked below the Bavarian Alps, its emerald waters and mountain panoramas have long drawn visitors from across the world. It is on these shores that Gut Kaltenbrunn has risen to become a natural home for the Concours of Elegance Germany, one of the most respected gatherings on the European classic car calendar. For its second live auction at the venue, RM Sotheby's has assembled a lineup that does the setting justice: Porsches spanning six decades, alongside other marques, each one with a story worth telling.
The auction takes place on 4 July in partnership with the Concours of Elegance Germany, with previews from 10 a.m. and bidding getting underway at 4 p.m. The lots cover a stretch of Porsche history that runs from the final years of 356 production through the peak of the 964 racing programme to the last great analogue supercar to leave Zuffenhausen, with estimates that reflect both their rarity and the weight of their individual histories.
2004 Porsche Carrera GT | Estimate: €1,200,000 - €1,600,000
The Carrera GT launched in 2004 as the road version of what had begun as a Le Mans prototype. The 5.5-litre V10 produced 612 PS; the structure was carbon fibre; the brakes were carbon-ceramic; and the three-disc racing clutch was roughly a third the size of a standard unit. It was a road car that had very little interest in behaving like one. The wooden gear knob was the one concession to normality.
The car on offer here has a history that rewards close reading. Built at Leipzig on 25 February 2004 in GT Silver Metallic over Ascot Brown leather, it was shipped to California that spring as one of 644 cars built to North American specification, a figure that accounts for more than half of total production. The car was used normally through its first year before an oil leak was found at around 13,000 kilometres. Porsche North America replaced the engine, but by August 2006 the car had been bought back under the applicable Lemon Law, with the US title branded accordingly.
It was then sent back to the factory, converted for German road registration, and sold in October 2007 through Porsche AG's Factory Vehicle Sales department to a second owner, a collector who reportedly kept a Lamborghini Reventón in the same garage and had both cars repainted in the Reventón's iconic matte grey. The current owner bought it in 2010 and has used it sparingly since.
In May 2026 the car went to Porsche AG in Stuttgart for suspension work related to a prior recall, along with a full service including new tyres and fluids. It is being presented with a fresh TÜV inspection and current German registration. Prospective buyers should be aware that title documentation may take some time to arrive after the sale and that registration eligibility in their home country is worth checking beforehand. The car is not eligible for a Certificate of Conformity, and its full history is disclosed in the file. For the right buyer, that history is precisely what makes it interesting: a Carrera GT with meticulously documented provenance and a Sonderwunsch commission as a logical next step.
1964 Porsche 356 C Carrera 2 Coupé by Reutter | Estimate: €320,000 - €420,000
Just 126 examples of the 356 C Carrera 2 Coupé were produced for the 1964 model year, placing it among the most desirable variants in the entire 356 lineage. Its air-cooled 1,966cc four-cam flat-four produced around 132 PS, making it both the most powerful engine Porsche had put into series production at the time and the quickest car in the range.
This example was completed in May 1964 through Autohaus Hahn in Stuttgart, finished in Signal Red over Black leather, the same combination to which it has since been restored. The Kardex warranty card on file details the original specification, including chrome-plated wheels and an uprated driver's seat, and traces the car through its early German ownership before it crossed to the United States in the late 1980s. A restoration and colour refinish took place prior to its acquisition by the current owner in 1994, who arranged for the car to be shipped back to Germany and had the seats professionally refurbished in 2001.
One detail worth noting for specialists is that the crankcase of the fitted engine appears to be assembled from two separate units: a type 587/1 crankcase consistent with the 356 C Carrera 2 paired with a type number on the right half more commonly associated with the 356 B Carrera 2 GT. This is documented and disclosed, as recorded in the authoritative Carrera Book by Sprenger and Heinrichs. Offered without reserve, this is a straightforward opportunity to acquire a genuinely scarce car with a continuous and traceable ownership history.
1991 Porsche 911 Carrera Cup | Estimated at €150,000 - €200,000
One of 120 964-generation Carrera Cup cars built for 1991, this example carries the livery of Larbre Competition, the team whose identically liveried car Jean-Pierre Jarier drove to victory at Magny-Cours in the 1993 Porsche Supercup. Jarier's credentials need little introduction: three Formula 1 podiums, a Le Mans runner-up finish in 1977, and a late-career turn in one-make racing that continued to produce landmark results.
The car's own racing history is less fully documented. A February 2021 inspection by Porsche specialist Jochen Bader found that the chassis had been comprehensively repaired at the front, with the chassis number section cut and rewelded, and that a replacement gearbox and engine, neither of Cup specification, had been fitted at some point during its competitive life. All of this has been disclosed and is reflected in the estimate value. What remains is a race-prepared 964 in heritage livery, offered without reserve and suitable for either historic competition or a compassionate mechanical restoration.
