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 |  Aug 02 2010, 10:08 AM

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With the R35 Nissan GT-R always in the headlines, it’s easy to forget about the previous-generation model. It’s hard to miss a car we never got, but you have to admit that the R34 GT-R is making fewer and fewer appearances on the Internet. But it’s refreshing to see that legends truly never fade and that passionate enthusiasts and shops are looking out for aspiring R34 GT-R owners, collectors and spenders.

Back in 2004, Nissan released a very limited edition run of 20 on the Z-Tune Skyline R34 GT-R. Packed with NISMO goodies, the very rare R34 GT-R also sported exclusive silver paint with a code of KY0. After all these years, spotting one of these in person is next to impossible, never mind having the opportunity to purchase one.

But that’s all about to change thanks to JAPO Motorsport. Based out of Essen, Germany, JAPO Motorsport picked themselves up a 1999 Skyline R34 GT-R and stripped it down to its bare bones for the ambitious three and a half month rebuild. The result is simply stunning; a mint condition R34 GT-R that looks identical to a limited edition vehicle and restored to perfection.

In addition to the Z-Tune components, NISMO wheels and Toyo Tires, JAPO Motorsport also freshened up the interior with leather and Alcantara, multifunctional display and a speedo that tops out at 199 mph. Under the hood though, JAPO Motorsport didn’t keep things tame. New GT RS turbos, intercooler, intake, injectors and spark plugs help boosts power output of the RB26DETT to 516-hp and 440 ft-lbs of torque. Quite a beefy increase from the factory 327-hp / 289 ft-lbs of torque and even more than the Z-Tune’s 493-hp and 398 ft-lbs.

Miscellaneous performance upgrades include an HKS clutch, ARC strut bar and StopTech brakes. The beauty is for sale for $116,960, which isn’t cheap, but for something this original it’s hard to argue with the price.

Gallery: JAPO Motorsport Nissan Skyline R34 GT-R

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Official press release available after the break.

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