The Schuppan 962CR was a vehicle built in 1994 by Australian racecar driver Vern Schuppan. It was built as a tribute to Schuppan’s 1983 24 Hours of Le Mans victory and 1989 All Japan Sports Prototype Championship title. The 962CR is based on the dominant Le Mans-winning Porsche 962 race car of which Schuppan raced and owned with his own team.
The 962CR is a mid-engine, rear-wheel drive vehicle weighing 1,050 kg (2,315 lb). Powering the car is a 3.3 Litre Type-935 Flat-6 featuring twin KKK turbochargers giving 600 hp (about 182 hp/L) mated to a 5-speed manual transmission.
This unit was borrowed nearly directly from the standard Porsche 962 unit used in the North American IMSA GT Championship with a slight decrease in displacement. The car’s top speed is 230 mph (370 km/h) with a 0-60 mph acceleration time of 3.5 seconds.
The chassis and body were built entirely by Schuppan, although it featured design elements from the 962 race car. Assembly took place at the VSL 60,000ft2 race and production facilty in High Wycombe, Buckinghamshire, England. Funding was provided by Japanese investors who supports Schuppan’s race team that ran in the All Japan Sports Prototype Championship.
At just over US$1.5 million in 1994, the Schuppan 962CR is among the most expensive vehicles ever sold new. Rumors circulated for several years that the 962CR was sold new for US$2.5 million, but this rumor was eventually dispelled by author and Porsche enthusiast Karl Ludvigsen who listed a price of ¥195 000 000.
It is unknown how many Schuppan 962CRs were ever completed, with the number believed to be either five or six. Payment failed to arrive for two of the vehicles after they were shipped to Japan. This, coupled with the high cost of the car’s construction and a worldwide economic recession, forced Schuppan to declare bankruptcy, folding not only his car company but his race team as well.