The 53-year-old drop-top was the first of its kind to be delivered in Germany.
A dilapidated Porsche 911 S Targa has been meticulously restored to factory condition, by Porsche, after spending nearly 40 years stowed under plastic sheeting.
The 1967 model – which was the first of its kind to be delivered in Germany and is one of just 925 Targas from the era fitted with the 2.0-litre ‘S’ engine – originally served as a dealer demo in Europe, before being sold in 1969 to a customer in the US.
By 1977 it had been abandoned in a garage in Long Beach, New York, where it remained until it was unearthed by its current owner in late 2016.
Porsche’s official Classic Factory Restoration team spent three years – and upwards of 1000 man-hours – bringing the sports car back to its original condition.
When new in 1967, the drop-top developed a modest 117kW/179Nm, sent to the rear wheels through a five-speed manual transmission. That was enough to launch it from zero to 100km/h in 7.6 seconds.
For reference, the contemporary 911 Targa 4S puts out 331kW/530Nm from its 3.0-litre turbocharged flat-six engine, and does the same sprint in just 3.8 seconds.
The car is fitted with a spate of optional extras including a heater, tinted windscreen, radio, leather seats, fog lights, and an outside thermometer – all of which, unsurprisingly, are standard on modern 911 models.
Unlike later Targa cars, which use a glass rear windshield, this 1967 variant has a pliable plastic fitting.
According to the restoration team, the outer skin of the soft top was completely deteriorated and had to be painstakingly recreated to the 1967 specifications.
The Targa was then repainted in the original's Polo Red finish.
The cost of the restoration was not disclosed, however similar projects have been estimated at well in excess of €500,000 (A$810,000).
In 2014, the 57th Porsche 911 ever built was uncovered in a German barn, and underwent a complete factory restoration. The project took three years, that car now on display in the Porsche Museum. It remains the oldest Porsche 911 owned by the German manufacturer.