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Nissan GT-R up for V8 Supercars in 2017

The car that that rocked Australian racing ready to terrorise again.

Nissan is considering unleashing a monster, revealing that Godzilla is in line for a V8 Supercars return.

As Ford dealers make a $1 million-a-year play to put American muscle car the Mustang on the grid, Nissan managing director and CEO Richard Emery said that the Skyline GT-R - better known as Godzilla - could rise again.

Arguably the most controversial car to race in Australia, the GTR Skyline was booed out of V8s in 1992 because it was unbeatable.

Now, 23 years on, the new version of the Japanese monster could replace the Nissan Altima in a renewed bid from Japan to steal Holden's Supercars crown.

News Corp Australia spoke exclusively to Emery about the potential return of the racing legend that won back-to-back Bathurst races in 1991 and 1992 "The 2017 rules do open up for us for a return to the GT-R," Emery said. 'We are considering bringing the GT-R back into the competition and there are lots of things for us to consider.

Nissan boast a powerhouse V6 engine used globally in their GT-R race cars.

"We are lucky because we have a number of opportunities with our body shell - the Altima which we are running now and the GT-R." The next generation of V8 Supercars, set to be introduced in 2017, allows for two-door cars and V6 engines to compete in the series.

Nissan boast a powerhouse V6 engine used globally in their GT-R race cars. 'We also have a number of options with engines," Emery said. "There is the V8 we are are running now that is into its fourth year of development and of course we have some engines available to us in our Global GT program.

"That engine would fit the category rules as we understand them. 'We also have an engine we have been working on in this car that is the other option." Nissan would only run a V6 engine in their GT-R, meaning the V8 race engine, specifically developed for the Altima Supercar, would have to be dumped.

"It is certainly an iconic vehicle for us and it runs a very high level of technology," Emery said.

"We have to match what we expect of the car on a global basis to this series. "The car won the Bathurst 12-hour this year in a different category and that is a global category." Emery all but ruled out running both the Altima and the GT-R amid the prospect of a family sedan beating a pure-bred race machine on the Supercar track.

"The question about whether we would run Altima and the GT-R alongside each other is something for us to consider over the next few months," Emery said.

"It is not clear cut from my perspective but I would probably think that it would be one or the other." Nissan will make a decision on the car, and their Supercars future beyond next year, by November.

"We have made a commitment until the end of next year, which is when these new rules and regulations come in," Emery said.

"We have seen really steady growth over the last two years and this year our expectations are much higher. "Next year we are expecting to be really competitive in our fourth year of development. That is why it will be a big dilemma as to what we will do."