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Hagerty Employee

The last known GT-R 400R could become the first Japanese car to break $2M

Less than a month ago, we predicted that a Japanese car would sell for $2 million in 2022. We were sticking our necks out a bit, because few Japanese cars have been offered publicly with a seven-figure price tag, and even fewer confirmed sales have occurred in that range.
Pit Crew

Minor correction: the LT5 in the 1993-1995 Corvette ZR-1 was rated at 405 HP.

Our author was correct when he said initially the ZR-1's LT5 motor made 375hp.
ZR-1 motor statistics:

Designation: LT5
Configuration: V8, 350 cu. in., four overhead camshafts, four valves per cylinder
Intake: Multi-port fuel injection
Compression Ratio: 11.0:1
Horsepower: 375 @ 5800 RPM (1990 to 1992)
405 hp @ 5800 RPM (1993 to 1995)
Torque: 370 lb-ft @ 4800 RPM (1990 to 1992)
385 lb-ft @ 5200 RPM (1993 to 1995)
Bore/Stroke: 3.90" (99 mm.) x 3.66" (93 mm.)
Block: Aluminum; Nickasil coated cylinder liners
Heads: Aluminum, cross flow

The 276hp thing was an agreement on paper not to state they made any more power. All Japanese cars for a time peaked at that mythical number even though they often exceeded it. The reality it was 300+ hp. Either way a 400R made even more still. $2 million dollar car, probably.
Pit Crew

A 10/1998 production car is not eligible for import into the US until 10/2023. You guys need to work on your math.