I think I found it. This is a tiptronic btw.
The last picture is the part that I think is failing. Porsche 986 996 TIP transmission cooler control Valve.
The coolant was dripping from this part onto the transmission plate.
Does anyone have advice or a how to on replacing this?
I found one that lists some steps but I would like more detail if I can get it.
Question: Procedure to replace transmission cooler shut off valve on 1999 986 - Pelican Parts Technical BBS