2022 Porsche 911 price and features: Audi R8 and Mercedes-AMG GT-rivalling Targa 4 GTS gets Edition 50Y Porsche Design special to mark big anniversary

Porsche has expanded its 992-series 911 sports-car range once again, this time with a limited-run Edition 50Y Porsche Design version of the Targa 4 GTS variant, which pays tribute to the German brand’s design division on its 50th anniversary.

Just 750 examples are up for grabs globally, but a handful have been allocated to Australia, with deliveries expected from mid-year. The price? An eye-watering $426,900 plus on-road costs.

Yep, the Edition 50Y Porsche Design commands a considerable $60,000 premium over the Targa 4 GTS upon which it’s based. So, what do buyers get for their extra spend?

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Well, there’s black paintwork, brand side decals, checked Sport-Tex seat centre panels and a red seconds hand for the dashboard’s Porsche Design analogue clock. If it already wasn’t obvious, these features are nods to the design division’s past.

And if customers feel like emptying their wallets a little more, they can separately purchase a special version Chronograph I luxury watch, which was designed by Professor Ferdinand Alexander Porsche in 1972.

Being related to the Targa 4 GTS, the Edition 50Y Porsche Design is motivated by a 353kW/570Nm 3.0-litre twin-turbo petrol flat six-cylinder engine.

The Audi R8 and Mercedes-AMG GT rival’s unit is mated to an eight-speed PDK dual-clutch automatic transmission and an all-wheel-drive system.