‘GODZILLA’ Acquired By The Mach 1 Investment Fund

June 14, 2024
Car investment fund invests in global Group A icon

Famously Known As Godzilla
We are excited to announce a remarkable addition to the CHROME TEMPLE Investments Mach 1 Fund, the world’s first automotive investment fund of its kind. Our latest acquisition is the iconic 1990s Group A Nissan R32 GT-R, famously known as 'Godzilla' (a nickname coined in the 90s by an Australian Wheels journalist). This vehicle, one of just five built by Fred Gibson’s Nissan Motorsport Australia team for the Australian Group A series, was campaigned throughout 1991-92 by Mark Gibbs and Rohan Onslow and is adorned in GIO Insurance livery.

Designed To Dominate
Designed by Nissan and improved by its inhouse tuning boffins Nismo, the Nissan E-BNR32 (R32) GT-R was designed to dominate the incoming global Group A class racing – and did it ever. The rules called for a minimum of 500 ‘homologation’ vehicles to qualify for the category, but Nissan manufactured an additional sixty for racing purposes – of which the five made their way to Australia.

Legendary Performance
The Gibson Motorsport Group A GT-Rs, widely regarded as the world’s best, competed fiercely against top contenders from Australia and Europe, outperforming brands like Holden, Ford, and BMW in the ATCC. Powered by the iconic RB26DETT (2.6L, twin-turbo, straight-six) engine, the Group A R32s from Japan boasted 373kW of power, while Fred Gibson’s Australian versions pushed almost 470kW. The extensive local development, including enhancements to CV joints, suspension, and the adoption of local wheels and a six-speed Holinger gearbox, transformed the car into the legendary 'Godzilla.'

Unbeatable Engineering
Alan Heaphy, Nissan Motorsport Australia’s team manager recalls during our interview (video coming soon), “Out of the box, the Nissan GT-R was a weapon – our task was to make it unbeatable. The learning curve for us at the time was almost vertical, but the Gibson team consisted of some of the most talented people I have ever worked with.

With a couple of false starts under our belt in 1990, we quickly turned our fortunes around and by 1991 the Fred Gibson developed GTRs were the vehicles to have – winning all but two races. We knew that our vehicles were the best in the world.”

A Rare Gem Indeed
Commissioned by Bob Forbes at a rumoured total cost of $1,000,000 in 1991 (making it the most expensive Australian sports car for a great number of years), chassis number four is the only ‘customer car’ built by Nissan (Gibson) Motorsport Australia and remains one of just four cars still in existence after chassis number 1 was written off by Mark Skaife at the 1990 Australian Grand Prix in Adelaide. At one point, chassis two left Australia and was campaigned in numerous rounds throughout Asia, including the 1992 Fuji 500 at Fuji Speedway in Japan.

Today, chassis number two resides in the Lindsay Fox Automotive Collection having been returned to Australia and restored to its ATCC livery. Chassis three and five remain in the possession of long-time owner Tony Alford who has no plans to relinquish the cars.

A Sound Investment
Chrome Temple, Chief Executive Officer, Lex Pedersen said, “Road going, Australian-delivered, Nissan R32 GT-Rs are in and of themselves highly collectible, with just 100 delivered locally – but for the Mach 1 Fund to secure one of just five vehicles ever-built for the Australian Touring Car Championship and four in existence is a sound investment.

“Within the Mach 1 Fund, we exclusively invest in vehicles that are exceptionally rare, highly collectible, and possess impeccable provenance. The Bob Forbes, Mark Gibbs campaigned Group A Nissan R32 GT-R not only meets these criteria but surpasses them. While we would love to keep the car forever, the nature of the Fund requires that everything acquired has an eventual liquidity exit in mind, targeting potential buyers both locally and globally, given the vehicle's broad appeal.” said Pedersen.

About the Fund
Founded in 2021 and the first of its kind globally, CHROME TEMPLE Investments’ Mach 1 Fund offers investors the opportunity to indulge their passion for collectible vehicles while growing their wealth through stable, asset-backed ‘alternative investments,’ typically not feasible for individual investors. Since its launch, the SMSF-compliant Fund has delivered investors +37% net returns, representing an 11% net annual CAGR*. The Fund is open to wholesale and institutional investors, including those with Self-Managed Super Funds (SMSF).

Start a Conversation Today
If you’re a wholesale or institutional investor interested in exploring investing in cars, reach out to our team today and start the conversation.


Continue Reading:
The Fund Intro 00: Genesis
The Fund Intro 01: Objective
The Fund Intro 02: Investment Thesis
The Fund Intro 03: Acquisition Strategy
The Fund Intro 04: Fund Structure
The Fund Intro 05: Governance & Oversight
The Fund Intro 06: Information Memorandum

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*Calculated as the percentage difference in unit price as at 31 March 2024 compared to launch (May 2021) net of fees. Net CAGR considers timing of returns since launch.

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