The Porsche 70th Anniversary Auction

Porsche Experience Center Atlanta
27 October 2018
Lot 164

1994 Porsche 928 GTS


$112,000 USD | Sold

United States | Atlanta, Georgia



Chassis No.
Engine No.
Gearbox No.
  • Desirable GTS model
  • Highest performance version of the 928
  • One of a handful finished in Grand Prix White
  • Showing just 16,400 original miles
  • Porsche Production Specification certificate

In the early 1970s for only the fourth time in its history, Porsche began to prepare an all-new model. Envisioned originally to replace the 911, which by then was a decade-old design, the 928 was to be an enormous technological leap forward. The 928 heralded a potentially massive directional shift for Porsche, as the brand intended to augment its new 924 with another front-engine sports car capable of seating four. The 928, top brass in Zuffenhausen thought, would be a luxurious flagship that emphasized long-distance refinement.

Although Ferdinand Piech initially favored a V-10 engine created from two Audi five-cylinders, Porsche determined that a new design 4.5-liter V-8 would be a better fit. The new engine was mated to a transaxle that helped achieve desirable 50/50 weight distribution for optimal handling. A five-speed manual transmission was standard, but the optional Mercedes-Benz-sourced automatic transmission served as a reminder of the 928’s touring intentions.

Passive rear-wheel steering from the Porsche “Weissach Axle” provided excellent highway stability and helped earn the 2+2 the 1978 European Car of the Year award from the world’s motoring media.

The 928 evolved considerably through the 1980s, becoming something of an icon of success for its well-heeled owners. By the early 1990s, Porsche began planning the model’s run-out with the 928 GTS. Under its hood sat a 5.4-liter, 345-hp version of the V-8 mated to larger brakes and unique styling. The 928 was among the most expensive new cars available when it hit the market for the 1993 model year in the U.S.

The 1994 928 GTS offered here comes from the middle of production. Swathed in Grand Prix White over cashmere leather, its light paintwork complements its curvaceous body; fewer than ten 928 GTS coupes were painted in Grand Prix White. This example shows just 16,400 miles on its odometer. Equipped with the optional automatic transmission, it exemplifies the original intention of Porsche to build a high-speed, long-distance cruiser. Its tan leather displays little wear aside from some faint tugging at its stitching on the driver’s outer bolster.

With no modifications, this 928 GTS is in as-new, well-preserved condition.