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Story summary
- Porsche is developing a flagship hypercar internally called the S1.
- The S1 will feature a flat-eight gasoline engine, delivering 750 hp and 738 lb-ft torque.
- Handelsblatt reports the S1’s base price will be about €500,000 (? $574,000).
- Porsche may present the S1 to investors at its Capital Markets Day on October 7.
- CEO Michael Leiters said the company must stay profitable despite selling fewer cars.
