Porsche is reportedly planning to release a new car, the Porsche 911P, in the next few weeks.
The new car will likely come with a price tag of less than the current 997.
The 997 is the only Porsche model currently in production with a base price of £15,000.
Porsche said that it plans to release the new car in the spring.
The new car is expected to be powered by the all-new 996B engine, which Porsche says will make it the fastest production engine in the world.
The engine is expected get a turbocharger upgrade, and a new exhaust system.
Porsche says that the new engine will make its way onto the new 911 in 2019.