Porsche is in talks to sell the A1 model to a Chinese buyer

Porsche has announced plans to sell one of its iconic 911s to a buyer in China.

The automaker said on Tuesday that it was in talks with a buyer to sell a production-based 911 Turbo to a mainland buyer, who would “make a substantial financial contribution”.

It will be sold as the Porsche 911 GT3 RS in a “retail-only” model that will be priced at about US$100,000.

The sale is part of Porsche’s efforts to modernise the A9, which was introduced in 2000.

Porsche sold the 911 to Chinese billionaire Li Ka-shing in 2006 for a record US$6.5bn (£4.5tn).

The company said it expected to sell about 4,000 991s by 2020, of which the GT3RS is likely to make up about half.

The A1 will be built at Porsche’s former plant in Baden-Wuerttemberg.

Its future has been uncertain since Porsche sold its 911 business to Daimler last year.

Porsche has announced plans to sell one of its iconic 911s to a buyer in China.The automaker said on Tuesday…