How much is Bill Gates Porsche 959?

The cost for an original 959 was around $300,000, but each car cost Porsche approximately $720,000 to build. As a result, the project is estimated to have been a loss of around $204,000,000 and Porsche ceased production in 1988 after only 337 were made.

Does Bill Gates own a Porsche 959?

Founder of Microsoft and former richest person in the world Bill Gates once tried to smuggle a Porsche 959 into the U.S, a country of which it was never supposed to end up. Gates has always had a love for Porsches, and he has owned many.

What Porsche did Bill Gates have?

Porsche 959
The Porsche 959 “burst onto the automotive scene” as the most advanced supercar of its time, and it’s no wonder billionaire Gates wanted to get his hands on one. It boasted a massive, air-cooled, 2.8-liter, twin-turbocharged V6 engine, making 444 hp and 369 lb-ft of torque, powered to all four wheels.

Why is a Porsche 959 so expensive?

Canepa thinks the cost of federalizing the 959 was so high that it could have taken the company down, so all U.S. contracts were canceled. That’s essentially how Porsche ended up with enough leftover tubs and parts to build a handful of additional 959s.

Why did Bill Gates get a Porsche 959?

The passing of the “Show and Display” law allowed Gates to get his hands on his 959 and experience true Porsche power. He can even be seen today driving his car around occasionally, making sure he does not reach the annual mileage limitation of 2,500 on-road miles that came with the passing of the “Show and Display” law.

What kind of car does Bill Gates drive?

Gates first purchased a Porsche 911 Turbo in 1979 and rumor has it that he was pulled over quite a few times in the blue sports car. This 911 has since been auctioned off for $80,000. However, we aren’t here to talk about a 911, but instead, a car that proved Porsche was capable of much more than an air-cooled 911: the Gates 959.

Why did Bill Gates have his car impounded?

Unfortunately, Gates and Allen had their cars impounded because the model had not been crash-tested, nor certified for passing emissions laws. No one can fault Porsche for not wanting to sacrifice four examples of the 959, only 345 of which were ever built, just to sell a car the company would lose money on in America.

How many Porsche 959 cars have been made?

In total, 337 cars were built, including 37 prototypes and pre-production models. At least one 959 and one 961 remain in the Porsche historic hall in Stuttgart, Germany. In 1992/1993, Porsche built eight more cars assembled from spare parts from the inventory at the manufacturing site in Zuffenhausen.