While unhappy Porsche 911 GT3 buyers are still waiting for their sports cars to be delivered following the much-discussed fire debacle, the said vehicle has been named the 2014 World Performance Car during a ceremony at the New York Auto Show.

The 911 GT3 grabbed the coveted award after defeating two equally prestigious sports cars, the Chevrolet Corvette Stingray, which was named the 2014 North American Car of the Year, and the more expensive Ferrari 458 Speciale. The winner was determined by a panel of 69 automotive journalists from 22 countries.

This is the third consecutive year that a Porsche-badged vehicle wins the World Performance Car title. The 911 GT3 follows the legacy of the Boxster/Cayman and the 911 Carrera, which were declared winners in 2013 and 2012, respectively.

Needless to say, we can’t argue with the results of this year’s World Performance Car awards, but we can’t help but notice the irony of it all. As the fifth-generation 911 GT3 gains even more recognition for its fantastic abilities, current owners had to return their cars for an engine swap, while those that have already ordered one could wait up to six months to enjoy it.

Click past the jump to read more about the Porsche 911 GT3 fire fiasco.

Porsche 911 GT3 Fire Fiasco

Report: Porsche Halts 911 GT3 Sales Due to Fire Risk
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Following two fire incidents that burned two 911 GT3s to a crisp, in February Porsche decided to recall all 2014 models for further investigation. The probe revealed that faulty piston rod screws were responsible for the issue, prompting the Germans to change the entire engine altogether.

As for customers that have yet to receive their 911 GT3s, Porsche announced it will add an extra 12 month or 100,000 miles to the Porsche Approved warranty plus a $2,000 per month compensation until the vehicle is actually delivered.

Past World Performance Car Winners

2013: Porsche Boxster/Cayman
2012: Porsche 911
2011: Ferrari 458 Italia
2010: Audi R8 V10
2009: Nissan GT-R
2008: Audi R8
2007: Audi RS4

Porsche 911 GT3

2014 Porsche 911 GT3 Exterior AutoShow
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Unveiled in 2013, the fifth-gen Porsche 911 GT3 is motivated by a tweaked 3.8-liter inline-six engine that delivers 475 horsepower and 324 pound-feet of torque. All that power, which goes to the wheels via a PDK transmission, enables the sports car to sprint from 0 to 60 mph in only 3.3 seconds on its way to a top speed of 195 miles per hour.

The increased output wasn’t the only updated available on the new 911 GT3. The vehicle is also lighter that its predecessor and comes with active rear wheel steering.

Press Release

At a ceremony at the New York Auto Show this morning, the Porsche 911 GT3 was named the 2014 World Performance Car.

 Porsche 911 GT3 Named 2014 World Performance Car Exterior
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The World Car Awards (WCA) are presented annually in four categories – Car Design, Green Car, Performance Car and Car of the Year. Winners are determined by an international panel of 69 automotive journalists from 22 countries. Jurors are appointed by the World Car Awards’ Steering Committee based on automotive expertise, experience, credibility and influence.

“To be chosen as the winner of the World Performance Car by this global jury is extremely rewarding,” said Detlev von Platen, president and CEO of Porsche Cars North America. “Each generation of the 911 GT3 epitomizes our vision of the ultimate pure bred, track ready sports car. And our newest iteration is no exception. To be elected against such formidable competitors by a large number of auto experts pays a huge compliment to our designers and engineers.”

Since the inception of the World Car of the Year Awards, Porsche has won World Performance Car three time; for the Boxster and Cayman 2013, 911 in 2012 and for the Cayman, again, in 2006. The fifth-generation 911 GT3 is the latest top performing naturally aspirated 911 from Porsche. Completely redesigned, it is lighter, more powerful and more fuel efficient than its predecessor. A wider front track and advanced technology like active rear wheel steering enhance the driving experience.

Delivering 475 hp, the 3.8-liter horizontally opposed rear mounted 6-cylinder engine is mated to a seven-speed Porsche-Doppelkupplingsgetriebe (PDK) transmission which drives the rear wheels. Acceleration from zero to 60 mph is just 3.3 seconds and top track speed is 195 mph. The 911 GT3 MSRP in the U.S. is $130,400, not including a $995 destination charge.

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