Just 50 Italdesign Nissan GT-Rs will be built, billed as the ultimate GT-R.

The bad news is it will cost about 1.55 million Australian dollars, so don’t get excited.

Nissan has confirmed the production design of the Nissan GT-R50 by Italdesign and has opened the official order books.

The exterior of the car remains virtually unchanged from the prototype shown in July at the Goodwood Festival of Speed..

The NISMO-tuned GT-R will belt out a claimed 965kW of power or 720 horsepower in the old money.

Nissan has collaborated with the Turin based-based Italdesign to create the model, based on the latest GT-R NISMO, to commemorate the 50th anniversaries of the GT-R in 2019 and Italdesign in 2018.

While the prototype vehicle was finished in a special gray with gold accents, customers will be able to specify their preferred color combinations for the production version.

They also will be able to choose interior colors and packages.

In addition to Goodwood, the GT-R50 prototype has made appearances at Spa-Francorchamps in Belgium, the Rolex Monterey Motorsports Reunion in the US and Nissan Crossing in Tokyo’s Ginza district.

It will be on display at the Nissan Gallery in Yokohama from December 7.

“The reaction from Nissan fans around the world – and potential customers of the GT-R50 – has greatly exceeded our expectations,” Bob Laishley, global sports car program director at Nissan, said.

“These 50 cars, which celebrate 50 years of the GT-R as well as 50 years of Italdesign, will be rolling tributes to Nissan’s engineering leadership and rich sports car heritage for a long time to come.”

Customers who wish to own a GT-R50 may start by visiting www.GT-R50.nissan and contacting Italdesign to create their own bespoke car.

Deliveries will begin in 2019 and will continue through 2020.

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Chris Riley has been a journalist for almost 40 years. He has spent half of his career as a writer, editor and production editor in newspapers, the rest of the time driving and writing about cars both in print and online. His love affair with cars began as a teenager with the purchase of an old VW Beetle, followed by another Beetle and a string of other cars on which he has wasted too much time and money. A self-confessed geek, he’s not afraid to ask the hard questions - at the risk of sounding silly.