Rare, powerful, and street-legal, the Porsche 935 Kremer K3 Le Mans racer, transformed for a billionaire in the 1970s, has resurfaced after a monumental restoration. This automotive myth defies time and convention.
In the pantheon of exceptional sports cars, some legends are more discreet than others, but their historical value and aura only grow stronger. The Porsche 935 Kremer K3 Le Mans street version is one of them. This mechanical beast, born from an extraordinary commission, is now for sale after a refurbishment that restores all its luster to this unique piece.
A Billionaire’s Whim Becomes Myth
The story of this unusual 935 began in 1979. Walter Wolf, an Austrian businessman naturalized Canadian and a wealthy industrialist in the drilling sector, harbored a consuming passion for exclusive automobiles and racing. After founding his own Formula 1 team, Walter Wolf Racing, which even secured victories early on, he turned his attention to the most desirable sports cars. He had already made a mark by commissioning the last Lamborghini Miura P400 SV produced and participating in the development of the Countach LP400S.
It was then that he was captivated by the victory of the Kremer team’s Porsche 935 K3 at the 24 Hours of Le Mans that same year. The idea sparked: why not have a street-legal version of this war machine? Porsche politely declined. No matter, Wolf approached the renowned Kremer brothers directly, who accepted the wild challenge. Thus, the world’s only road-legal Porsche 935 Kremer K3 Le Mans was born.

A Powertrain That Still Impresses, Even 40 Years Later
The result is astonishing. According to Manfred Kremer, the car is composed of 98% racing K3 parts, with only 2% coming from the Porsche 930 Turbo. Under the hood, a 2.85-liter twin-turbocharged flat-six engine delivered a staggering 740 hp at 8,000 rpm. At the time, this was more power than many Formula 1 single-seaters. A true beast, designed for the road but with pure track DNA.
The Kevlar bodywork identically replicates the aerodynamics of the Le Mans-winning K3. The Bilstein suspension is slightly raised to allow for road use, a minor concession given the onslaught of power. The contained weight of just 1,175 kg contributes to mind-boggling performance. During tests on the Autobahn, this Porsche reached a crazy speed of 338 km/h. A performance that remains exceptional even by today’s modern sports car standards.

Unexpected Luxury for a Race Bred Machine
To satisfy his wealthy patron, the Kremer brothers also considered comfort, in their own way. The cabin is the only truly significant concession to more civilized use. The bucket seats are upholstered in dark blue leather, air conditioning is present, and for Walter Wolf’s pleasure, a sophisticated audio system of the era was installed. Eighteen speakers and two graphic equalizers promised an immersive sound experience, even at very high speeds.

Walter Wolf covered approximately 10,000 km across Europe at the wheel of his creation before selling it in 1987 to Angelo Pallavicini, a Swiss collector. Subsequently, the car joined several prestigious European private collections, remaining relatively quiet on the market for a time.
Back in the Spotlight After a Rejuvenation
Today, this Porsche 935 Kremer K3 Le Mans is making headlines again. It is being offered for sale by German dealer Mechatronik. The price is not publicly displayed, reserved for genuinely interested and serious buyers. The main point lies elsewhere: in the inestimable historical value of a car impossible to reproduce, born from an era when the wildest dreams could take mechanical form.
This unit has benefited from a meticulous restoration, orchestrated by Kremer Racing themselves, costing around 150,000 euros. With only 10,250 km on the odometer, a manual gearbox, and an almost original condition, it represents one of the most exclusive and desirable pieces in Porsche’s entire history. A true rolling work of art, a testament to unparalleled mechanical audacity.
Key Takeaways for This Unique Porsche
- A Piece of History: The only street-legal Porsche 935 Kremer K3, born from an exceptional commission.
- Exaggerated Performance: 740 hp for 1,175 kg and a top speed of 338 km/h.
- Complete Restoration: Refurbished by Kremer Racing for over 150,000 euros.
- Inestimable Value: An automotive myth that defies time and mass production.
- Relative Comfort: Leather interior, air conditioning, and a sophisticated audio system for its time.
- Absolute Exclusivity: A unique model worldwide, destined for the most demanding collectors.
















