Porsche and RM Sotheby's 911 S/T auction raises $1 million for American Red Cross
Atlanta., Feb. 21, 2025 (GLOBE NEWSWIRE) -- Porsche Cars North America, Inc. (PCNA) and RM Sotheby's announced today that a rare 911 S/T auction garnered one million dollars. All proceeds from the sale will benefit the American Red Cross to help people affected by disasters big and small across the country, including the wildfires in California and recent flooding in the South. The generous bidder, who has chosen to remain anonymous, is known to PCNA having previously purchased the 911 Sally Special, which also benefited charities.
'On behalf of everyone at PCNA, we are truly grateful to the winning bidder for their generosity,' said Timo Resch, President and CEO of Porsche Cars North America. 'Their bid will make a meaningful difference to the outstanding work of the American Red Cross.'
The Red Cross responds to more than 65,000 disasters nationwide each year – from single-family home fires to extreme weather events affecting entire communities. Most recently the American Red Cross has been active in California. Since the outbreak of the fires in Los Angeles, the American Red Cross has provided over 14,500 overnight stays shelter, 128,000 meals, as well as over 102,000 relief supplies such as flashlights, face masks, water and other essentials to those directly affected.
'Thanks to the Porsche Cars North America and RM Sotheby's auction, the Red Cross is able to support families impacted by disasters big and small across the country,' said Anne McKeough, chief development officer at the American Red Cross. 'We are grateful for this partnership as we work together to provide help and hope to people in times of dire need.'
Painted in Shore Blue Metallic and equipped with the Heritage Design Package, the auctioned 911 S/T is number 1,919 of the 1,963 vehicles created to mark the 60th anniversary of the Porsche 911. It is the only 911 S/T in the United States not yet assigned to a customer. Many connected to Porsche contributed their time and energy to the auction, including actor Orlando Bloom who lent his support to raise awareness of the sale, and RM Sotheby's who waved their usual fees to maximize the amount that reaches the Red Cross.
'It's deeply gratifying to support the American Red Cross in partnership with Porsche Cars North America,' said Gord Duff, President of RM Sotheby's. 'We'd like to send our heartfelt congratulations to the new owner of this amazing car and thank them for their generosity in supporting communities in need.'
In addition to the car, the winning bidder will also receive a limited-edition 911 S/T Porsche Design timepiece and an exclusive owner's manual pouch signed by Director of the GT model line, Andreas Preuninger.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Miami Herald
3 hours ago
- Miami Herald
T-Mobile may be quietly planning a change customers will hate
T-Mobile has been losing customers left and right, with the company reporting a 5 basis point increase in customer churn year-over-year. This report came in the company's first-quarter earnings report for 2025, and it refers to the number of customers who canceled service. Rising prices on older rate plans, coupled with publishing plan prices that didn't include taxes, are some of the potential reasons why customer dissatisfaction with the uncarrier is growing. Don't miss the move: Subscribe to TheStreet's free daily newsletter Unfortunately, current and future T-Mobile customers may soon get some more bad news about the company's policies. This time, the issue is not with the cost of the monthly plans that consumers have to choose from, but is instead related to T-Mobile's payment installment programs. These programs allow consumers to finance smartphones, which most people choose to do because the upfront cost is simply too high. T-Mobile has offered installment plans on phones for over a decade, dubbing them "Equipment Installment Plans" or EIPs. But now evidence suggests the phone carrier is planning to change how these plans work, a move that could wind up being very unpopular. Image source: Bloomberg/Getty Images Since T-Mobile began offering phone financing, the company has always allowed customers to pay off their phones over a 24-month period. But a listing glitch on the company's site, coupled with information from internal sources, suggests that this will be changing very soon. According to The Mobile report, an internal T-Mobile document revealed that at least some devices would soon shift to a 36-month EIP. The website also temporarily showed a 36-month EIP plan for certain Samsung Galaxy Watches on the site's product pages. Related: T-Mobile's new partnership will ease major customer concern Both the internal document and the website changes have been removed, but they are still fueling rumors that longer payment plans are on the way. Of course, stretching out the financing time for phones and other devices would help the company to keep its customers for a longer period of time. When you finance a phone, you can't leave the carrier until the device has been paid off, unless you come up with the cash. This means T-Mobile could effectively lock in plan users for a whole extra year. While the change may be good for the company's bottom line and could offer cheaper prices for those financing their equipment, there are also some big downsides for users. If T-Mobile makes this change, the company will undermine the value proposition it offered to consumers years ago with "Phone Freedom," which allows customers more flexibility in what they do with their devices. A key part of "Phone Freedom" was a "New in Two" guarantee, which promised customers that they would be able to upgrade their devices every two years on select plans. If T-Mobile makes financing a phone a three-year commitment, users will not be able to upgrade the device or leave the carrier as quickly. Related: T-Mobile's new free phone deal is hard to beat A T-Mobile shift to a 36-month financing plan would bring the company's policies more in line with competitors, as both Verizon and AT&T lock users into financing their phones over 36 months. AT&T made the change to longer financing periods in mid-2021, and Verizon followed along eight months later. It remains to be seen whether the new T-Mobile policy will eventually go into effect, or if the internal document and website glitch were just test cases. It's also unclear whether this change will apply to all devices - some plans do offer the New in Two promise, so the company may honor that commitment. More Retail: Costco quietly plans to offer a convenient service for customersT-Mobile pulls the plug on generous offer, angering customersKellogg sounds alarm on unexpected shift in customer behavior Ultimately, making this big change might give customers another reason to be dissatisfied. Of course, they may not be able to act on that anger if they get stuck in one of the new 36-month contracts that lock them in for the next three years. Related: Veteran fund manager unveils eye-popping S&P 500 forecast The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.

Miami Herald
3 hours ago
- Miami Herald
Porsche's $290K Collector Car Just Had a Very Human Error
Launched in 2023 to celebrate the 60th anniversary of the legendary 911, the Porsche 911 S/T is one of the most exclusive modern Porsches ever built. With just 1,963 units produced – a nod to the model's debut year – the S/T is a purist's and collector's dream. It pairs the 911 GT3 RS engine with a six-speed manual transmission, and thanks to weight-saving measures, it stands as one of the lightest 911s of the 992 generation. Its base price of $290,000 didn't stop well-heeled collectors from optioning theirs up well past that mark. For collectors, part of the appeal lies in the limited-run serial plaque that comes with each unit, serving as a tangible reminder of exclusivity. But that sense of uniqueness has been shaken after a pair of 911 S/Ts were spotted online – both bearing the same production number: 1,724 of 1,963. Located in Guatemala, one of the cars was finished in Shore Blue launch. It was shared on an enthusiast Instagram page nearly a year ago, clearly showing its dash badge. The second car, a Sonderwunsch commission in a custom Rose Red finish, recently appeared at a German Porsche dealership. In a video, its badge also reads "1,724 of 1,963." Porsche has confirmed the manufacturing glitch in a statement to CarBuzz. A representative from the brand confirmed that the duplication of the plaques was an accident. The automaker also assured that it is now working with the customer with the incorrect plaque. However, it was not confirmed which of the two 911 S/Ts had the wrong identifier. While unusual, the good news is that the mix-up seems confined to the serial number plaque, which is just a cosmetic feature. Both vehicles still retain their unique VINs, which are the actual legal identifiers for the cars. In all likelihood, the problem stems from a simple assembly line or parts inventory error. Still, when it comes to highly personalized cars like the 911 S/T, especially ones involving Porsche's bespoke Sonderwunsch program, a duplicated plaque is the sort of detail that makes owners raise an eyebrow, even if it doesn't affect the car's mechanical integrity or value. Manufacturing mistakes aren't new, even for brands with reputations as sterling as Porsche's. From misapplied badges to much more serious issues like powertrain defects or faulty airbags, human error is part of production reality. In this case, the error is largely harmless – an amusing footnote in the car's history rather than a safety concern. Copyright 2025 The Arena Group, Inc. All Rights Reserved.

Miami Herald
3 hours ago
- Miami Herald
Forget T-Mobile. This new unlimited 5G offer is so good it has a waiting list
Many users have become very tired of major cell phone carriers and their shenanigans. For example, while T-Mobile managed to add more than 40 times the number of customers Verizon did in 2024, as well as nearly doubling AT&T's new customer number, the carrier has also been the subject of many customer complaints recently. Consumers have accused T-Mobile of price gouging, of obscuring plan costs by not including taxes in the listed price, and of quietly eliminating popular plan options, including Go5G PLUS and Go5G Next Plans. Don't miss the move: Subscribe to TheStreet's free daily newsletter The company also experienced a five basis point increase in customer churn in 2024, according to its 2025 first quarter earnings report – and rumor has it that it will be increasing its financing plans to 36-month-long plans instead of 24-month-long plans to tie customers to the "uncarrier" for longer. As customers become increasingly dissatisfied with the major carriers, the Mobile Virtual Network Operator is seeing an increase in market share. MVNOs offer mobile phone and data service, but don't own physical networks. Instead, they lease network capacity from network carriers. Now, there's a new offering among MVNO operators, and the deal it's offering is such a good one that it actually has a waiting list. Image source: Mordant/Bloomberg via Getty Images The competitive new cell phone plan is being offered by a big-name company that most people are already aware of: Klarna. Klarna is best known for its Buy Now, Pay Later platform, but it has announced that it is launching a cell phone plan that will operate on AT&T's network and that will be built on the Gigs' mobile services platform. Related: T-Mobile's new partnership will ease major customer concern The focus of the plan is its simplicity, with the company offering just one plan option instead of many. Currently, the plan is available only in the United States, but Klarna expects to expand to Germany, the UK, and other countries soon. The plan will offer: Unlimited 5G data that always stays at 5G speeds. Unlimited talk and text Nationwide coverageNo fees for activation or cancellation. Setup can reportedly be completed in minutes directly within the Klarna app with no need to visit a store, and customers can keep their current numbers if they prefer to do so. Ongoing plan administration will also happen right in the Klarna app, and the company promises that the onboarding process will be incredibly simple, with no more than a few taps needed. Users will also have the opportunity to manage their account within the Klarna app after signing up. More Retail: Costco quietly plans to offer a convenient service for customersT-Mobile pulls the plug on generous offer, angering customersKellogg sounds alarm on unexpected shift in customer behavior The total cost of the plan will be just $40 per month, which is a relative bargain as the average monthly cost of cell phone service in the U.S. is around $141 per month. "Consumers already know and love Klarna's super smooth services and now, with one tap in the Klarna app, they'll be up and running with their new phone plan – no hassle, no hidden fees, just great value," the Sebastian Siemiatkowski, CEO and co-founder of Klarna said in a statement. Klarna already has 25 million active users in the United States, and the company is hoping that its new foray into the mobile phone industry will meet a growing customer demand for a simple solution, as the company indicated their consumer research found many Americans believe mobile phone plan management is too complicated. Related: T-Mobile shares game-changing tech, free for anyone to try Co-founder and CEO of Gigs, Hermann Frank, has described Klarna's entry into the mobile market as a step towards a new connectivity between teelecoms and financial services, while also indicating that Klarna's new plan is a major upgrade for consumers compared to current phone offerings. Unfortunately, not everyone will be able to get in on this new plan when the service launches in the coming weeks. There's a waitlist already for U.S. users, so those who are interested will need to sign up within the Klarna app to get their chance at accessing the plan. Related: Veteran fund manager unveils eye-popping S&P 500 forecast The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.