techart shutdown

The demise of TECHART GMBH has been confirmed by German local newspapers and tuners. Techart has allegedly stole prototype 997 GT2 (exhaust, turbos) parts from Porsche. TechArt was raided by customs and the local police and Porsche is filing a lawsuit on TechArt for 45 million Euros, thus causing the demise of an once successful Porsche aftermarket tuner.
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don't bite the hand that feeds you

 

I'm shocked

 

Having inquired I got this on another forum;


PRESS RELEASE

Comment on investigation in conjunction with thefts committed by Porsche AG employees Recently it has been reported that employees of the Porsche AG stole engines and parts from the Weissach development center and offered them on the open market.

Among others, TECHART has been part of an investigation and has become subject of numerous press reports.

TECHART comments on the facts as follows:

TECHART was offered one used Porsche 997 Turbo engine by a car dealer
located in Leonberg. TECHART purchased this engine with an official bill from that dealer and in good faith.

However, on evaluation TECHART found out that the delivered engine was not identical with the offered product and therefore returned the engine to the vendor. That engine was confiscated by the German prosecution authorities at the facilities of that car dealer.

TECHART did not have any knowledge of the origin of this engine. Other information, which have been released in some press reports are not true. Throughout the media it has been reported that several engines were seized at the facilities of TECHART. This is also not true.

TECHART has been surprised by this occurrence. Of course, TECHART will fully contribute to clarify all facts in this matter and to resolve all suspicions.

05.06.2007
TECHART Automobildesign GmbH
Phone: +49 (0)7152 9339-0
Fax: +49 (0)7152 9339-33
www.techart.de

 

I heard they bought some 997 turbo motors, 2 of them. One was a stock 997 turbo engine, the other was a secrete prototype engine (I guess it was a GT2 motor)...and they didn't return it. Whoops, bigtime!

Just beat me post, thanks for the update!

 

Now that wasn't a smart move by TechArt.

 

Old news, but it's legit.