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Porsche is considering a plan to develop yet another new model, but this time it's actually a sports car. While the company know for building such machines has spent a lot of time, effort and R&D developing sedans and SUVs as of late, Porsche chief Mathias Muller has confirmed plans for a car that would sit above the 911 range, but comfortably below the $845,000 918 Spyder.

"We're looking to extend the range," said Muller in a recent interview with AutoCar. "We've got an idea to do another mid-engined model. We're thinking above the 911 but below the 918 Spyder." Muller admits the car has moved beyond just the conceptual stage and that it is currently being studied to see if its economically feasible. While such a stage would likely kill-off such a car for most automakers, Porsche tends to have the good fortune of a loyal fan base who will snatch up ever version of anything they sell – hence the continuous roll-out of special edition 911 models as of late.

Designed as a mid-engined car, it is likely to make use of carbon fiber for key structural components and cost in the range of the Ferrari 458 at $225,000 and be a direct rival for that car. Previous reports have suggested Porsche is also investigating another model above the 911, likely a coupe based on the Panamera, with a front-engine V8 and a focus more on being a grand touring type of vehicle.

More: Porsche Planning Mid-Engine Ferrari 458 Rival on AutoGuide.com
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