A Unicorn Goes to Auction
The Nissan Skyline GT-R R32, R33, and R34 are undeniably some of the most iconic models from the Japanese marque, but the Nismo 400R may be the most coveted of them all – arguably matching the R34 Z-Tune in collector appeal, which itself is rumored to have sold for nearly $2 million. One of the 44 400R examples is currently listed through Broad Arrow Auctions and is expected to fetch seven figures, with estimates reaching as high as $1.1 million.
Based on the R33 platform, the 400R was developed with genuine racing DNA, drawing on lessons learned from Nissan’s Le Mans campaign at that time. While it started life as an R33 GT-R V-Spec, it received an extensive list of performance-focused upgrades – from revised aerodynamics to a heavily reworked powertrain – effectively bypassing the Japanese “Gentleman’s Agreement” of the 1990s.
Engineering Without Restraint
While JDM icons like the Toyota Mk4 Supra and Mitsubishi Lancer Evolution were officially capped at 276 horsepower under the so-called Gentleman’s Agreement, the 400R delivered around 400 PS (approximately 394 horsepower). That output was made possible by REINIK, which enlarged the stock RB26DETT twin-turbocharged 2.6-liter inline-six to 2.8 liters. The engine also received larger N1 turbochargers and a host of internal upgrades before being designated the RB-X GT2.
Outside of the powertrain, the 400R features revised bodywork, including a carbon-fiber hood and rear spoiler, wider fenders, and redesigned front and rear bumpers to improve airflow. It also rides on Rays Nismo LM-GT1 three-piece wheels and comes equipped with a revised exhaust system, upgraded intercooler, Nismo-tuned springs, and Bilstein dampers.
Collector-Grade Example
Due to the U.S. 25-year import rule, the 400R has only recently become eligible for legal importation, making examples stateside exceptionally rare. This particular 1996 model is the eighth of 44 units produced and spent most of its life in Japan before being imported to Canada in 2023. It later made its way to the United States the following year and is said to be part of an “exceptionally small group of 400Rs” currently in the country.
According to the listing, the car has just 16,313 kilometers (10,136 miles) on the odometer and retains its original maintenance manuals. It is scheduled to cross the block at The Amelia Auction 2026 in Florida on March 7, alongside other high-value collectibles, including a 1968 Lamborghini Miura P400 and a 1963 Ferrari 250 GT Berlinetta Lusso.
If it surpasses $1 million, it would rank among the most expensive Skyline GT-Rs ever sold, alongside the Paul Walker–driven R34 GT-R from Fast & Furious 4, which sold for approximately $1.357 million at auction in 2023.
