Lot 152

St. Moritz 2023

1992 Porsche 911 Carrera RS N/GT


CHF252,500 | Sold

Switzerland | St. Moritz, Switzerland



Chassis No.
Engine No.
Swiss Carte Grise
  • A rare “M003” example of the Carrera RS
  • One of approximately 290 to be built
  • Finished in Black over Black
  • Retains its matching-numbers chassis and engine
  • Engine upgraded to 3.8-litre specification
  • Odometer reads just 40,967 kilometres at the time of cataloguing
  • Accompanied by a stamped service book and Porsche factory data sheet

From the earliest days of the Porsche 911, the Stuttgart marque’s flagship sportscar has been closely associated with motorsport, with many of the firm’s most exciting models—starting proper with the Carrera RS 2.7—blurring the lines between road and race. That ethos still rang true for the 964-generaion of the 1980s and 1990s, and track-focused derivatives soon emerged in the form of the all-wheel drive “lightweight” C4 Coupe, the Carrera 2-based Carrera Cup, and its more forgiving road-legal stablemate, the Carrera RS. However, those seeking the thrills of the Cup car with the usability of the Carrera RS had another option: the Carrera RS N/GT.

Just 290 examples of the RS N/GT were produced, each upping the ante on the already impressive specification of the standard Carrera RS—which included a 3.6-litre naturally-aspirated M64/03 flat-six engine, five-speed manual gearbox, and ZF asymmetric limited slip differential—with the addition of the “M003” package. The desirable option built on the thinner glass, aluminium bonnet, simplified wiring loom, lightweight door cards, and minimal carpeting of the RS, adding to the mix a welded roll cage, larger fuel tank, Nomex racing seats and six-point harnesses, a fire extinguisher, and cockpit-mounted kill switch. The result was a fearsomely quick road car with all the attributes of a track-ready racer.

Chassis 499125 is one of these special examples. The car was completed at Porsche’s Stuttgart factory on 11 February 1992 and was delivered to its first owner on 19 March by official Porsche dealer, Henri Roos AG. Smartly finished in Black over Black and riding on 17-inch magnesium alloy wheels by SM, this Swiss-delivery Carrera RS N/GT lived a charmed early life, with inspection records suggesting that it had covered a little over 500 kilometres by June 1996. By April 1999 the car had covered 18,029 kilometres, receiving a service stamp that month by Matthias Stadler. The service book was stamped again on 18 July 2002, this time by marque specialist Romocar, when the odometer read 30,750 kilometres. Two further services were carried out by Garage J Morros on 14 September 2005 and 31 March 2010, by which time the odometer read 37,057 kilometres.

The Porsche has also benefitted from more recent expenditure. In January 2016 Widberg Motorsport carried out more than CHF 23,000-worth of work, including fitting of new brake pads, coil-over suspension, and clutch, while in March of that year the original M64/03 engine was upgraded to 3.8-litre specification. In 2018, Topcar carried out a partial rebuild to return the car to factory specification, with an accompanying invoice for just over CHF 13,000.

In standard trim, the Carrera RS—with its 270-horsepower air-cooled flat-six engine, lowered suspension with adjustable anti-roll bars, stiffer Bilstein coil-over shock absorbers and uprated four-piston Brembo brakes with drilled Turbo discs—was near the top of the totem when it came to fast Porsche 911s. The coveted M003 package took things a step further, offering buyers the track-ready specification of the Carrera Cup car with the ability to run on public roads, while this car’s upgrade to 3.8-litre, 332-horsepower specification only adds to its considerable appeal. With so few cars being built, and even fewer surviving today, the Carrera RS N/GT is prime real estate for collectors and investors—though it is arguably of greater value to those who intend to spend serious time behind the wheel.

Presented in its desirable factory configuration of Black over Black and having covered just 40,967 kilometres since new, this well cared for and desirably upgraded Carrera RS N/GT—benefitting from significant expenditure in the past 10 years—ticks all the boxes.