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Genesis Is Coming for Porsche — and WA Buyers Should Pay Attention

Hyundai's luxury arm is racing at Le Mans and building a mid-engine sports car to back it up.

AutoReady WA Editorial·3 min read·13 June 2026
Genesis Is Coming for Porsche — and WA Buyers Should Pay Attention

Genesis isn't content sitting on the fringes of the luxury car market anymore. The Hyundai-owned brand has just shown the world it means business — racing at Le Mans for the first time in history and unveiling an updated version of its Magma GT concept at the same event. If you've been sleeping on Genesis, now's the time to wake up.

What Is the Magma GT?

The Magma GT is Genesis' upcoming mid-engine, two-seat sports car — developed in parallel with a GT3 racing programme run through Hyundai Motorsport. Think Porsche 911, Aston Martin Vantage, or BMW M8 territory. That's exactly the company Genesis wants to keep.

Vehicle photo
Vehicle photo

Genesis hasn't locked in the technical specifications yet, but a detuned version of the V8 from its Le Mans Hypercar is one option. A turbocharged V6 is also on the table. Either way, the car will be mid-engined — which tells you this isn't a grand tourer with sporty pretensions. It's being engineered as a genuine performance machine from the ground up.

The updated concept also reveals an interior for the first time, featuring a twin-cockpit layout with an analogue instrument cluster inspired by motor racing timekeeping. Tactile controls, no touchscreen-for-everything nonsense. For drivers who actually want to feel connected to the car, that's a promising direction.

Chief Creative Officer Luc Donckerwolke put it plainly: the road car and the race car are "two distinct yet connected expressions of Genesis performance." The lessons from Le Mans feed directly into what ends up in the production Magma GT.

Racing to Build a Reputation

Genesis competing at the 24 Hours of Le Mans is genuinely significant. It makes them the first South Korean brand to enter the iconic endurance race — and they're lining up against Ferrari, Aston Martin, BMW, and Porsche. That's not a marketing stunt. That's a brand putting its engineering credibility on the line in the toughest motorsport environment in the world.

Hyundai Motor CEO José Muñoz was direct about the intent: "Genesis has grown faster than any other luxury automotive brand and we're thrilled to be competing in the world's toughest endurance race where we'll be able to validate our performance under pressure."

That track-to-road philosophy matters if you're buying a Magma GT eventually — or even a Magma-badged version of a current model. Performance learnt under real race conditions, not just tuned on a test track.

What This Means for WA Buyers Right Now

The Magma GT won't arrive in showrooms until 2028 at the earliest, so don't hold your breath just yet. But if you're in WA and interested in what Genesis is doing closer to the present, there's actually something landing very soon.

Genesis is set to launch the GV60 Magma in Australia next month — July — making it the brand's first Magma-badged production vehicle here. It's the performance variant of the GV60 electric SUV, and it'll give local buyers their first real taste of what the Magma performance sub-brand is about before the sports car arrives.

For Perth drivers who spend time on the freeway, do the occasional long run up to Geraldton or down to the South West, and want something that stands out from the usual German luxury suspects — Genesis is increasingly hard to ignore. The brand is building the racing credentials to back up its showroom ambitions, and the Magma GT is where that story ultimately leads.

Keep an eye on the GV60 Magma when it lands locally next month. It's the first chapter of something bigger.

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