A little over a year later, in September 1899, Porsche demonstrated the power of his new model with a first-place finish at the International Motor Vehicle Exhibition in Berlin. His new car finished 18 minutes ahead of the second-best competitor, with half of the vehicles failing to complete the race due to technical difficulties. 

According to USA Today, the P1 was stored in an old shed in 1902, where it's sat until just recently. 

Though it may look a lot like a horse-drawn carriage, the P1 was an electric car.  Its "octagon" motor could travel up to 50 miles at a time, hitting a maximum speed of about 22 miles per hour. According to a press release from Porsche, the engine could deliver 3 horsepower during usual performance with bursts of up to 5 horsepower as it reached its maximum speed.