I should probably enter this post into my other blog, Turn Signals, as this is more up that alley, but because this is a 356 thing, I thought I'd put it here. And I'm also trying out embedding SWF files from Adobe's new Share Beta.
The video here is from Porsche, it is a clip from an 8mm film taken in about 1950. That Porsche is, indeed, Old Number 001. The other car would be an MGTC, the competition of the day.