When Porsche rolled out its 1968 model line, it faced a daunting problem: new U.S. safety and emission standards. The “S” engine from 1967 was a high-performance motor in all respects. With high-compression forged alloy pistons, forged and nitrided connecting rods, large valves, and big Weber triple-throat carburetors, it produced a healthy 160 horsepower. Porsche soon realized that this motor would probably not comply with the new U.S. emissions standards without additional development. Careful tuning would eventually resolve that problem, but Porsche did not have time to establish those procedures in time to allow delivery of the new 911 S to its most important market and could not risk shipping new cars that it could not legally sell.

Management decided to restrict the 1968 “S,” identical to the 1967 version, to Europe and instead offer American customers the one-year-only 911 L, with an air pump-equipped engine producing a lesser 130 brake horsepower. Over time, a small number of European-spec 1968 S coupes and Targas have been imported to the U.S., where they enjoy special recognition.

Offered here is one of the finest available, in “soft-window” Targa form. The European-delivery example was completed May 15, 1968, and finished in attractive Blutorang (Tangerine) with a black removable fabric top panel and black leatherette interior, set off with a brushed stainless steel roll-over hoop and gold-plated trim. The only factory option noted on its Certificate of Authenticity was a set of Dunlop 165-15 SP radial tires.

The Porsche eventually came into the ownership of the consignor, who commissioned an exacting bare-metal restoration, which would involve a veritable who’s who of Porsche experts and generate some $90,000 in receipts. The car was entrusted to Scott Klepinger Classic Cars in Elkhart, Indiana, where it was stripped to a bare shell. Every detachable component was rebuilt, repainted, re-plated, or replaced with OEM or correct replacement parts under the supervision of marque specialist James Schrager. The car was repainted its original color, and the interior was replaced with new seats, door cards, dashboard trim, and carpeting. There is a new windshield, new engine grille, and new Targa roof and zip-out rear window.

The two-liter Type 901/7 engine and Type 901 five-speed transmission were completely rebuilt by Marty Hostetler of Bristol, Indiana. The carburetors and distributor were rebuilt by PartsKlassik. A new flywheel, clutch, and starter were installed, along with a new wiring harness and electronic ignition. The brakes were overhauled with a new master cylinder, rotors, and stainless lines. Additionally, the suspension was rebuilt with new Koni struts and shocks, and new Michelin tires were mounted on 5.5-inch Fuchs alloy wheels.

Supplied with a Porsche Certificate of Authenticity, correct tool kit, jack, spare, and owner’s manuals, this beautifully restored 911 S Targa has it all—timeless design and brilliant performance. It is ready to provide its next owner with many miles of driving pleasure, as well as success on the concours field.