The Nissan GT-R50 by Italdesign is but a concept car, unveiled a couple of weeks ago and created to celebrate 50 years of both the GT-R name and Italdesign.

Today, we learn that the Nissan GT-R50 by Italdesign might actually be built in a limited run, if the folk of Goodwood and beyond give it a rapturous reception. Limited to 50 units worldwide, with each one tailored to each specific buyer.

At this weekend’s Goodwood Festival of Speed, the GT-R50 will be driven by Nissan’s GT3 racers Lucas Ordonez and Al Buncombe. And we suspect they’ll be having a right old laugh.

Because this special GT-R50 has been pumped up to 711bhp, thanks to competition-spec turbos, beefier intercoolers, a heavy duty crankshaft, reinforced pistons, connecting rods and bearings, a new exhaust and better cooling and oil systems.

The 3.8-litre twin-turbo V6 also kicks out a hearty 780Nm, channelled through a six-speed dual clutch gearbox.

Elsewhere, there’s Bilstein suspension, 21in carbon fibre wheels, and that rather stunning body, which sits 54mm lower than a regular GT-R. There are strakes moulded into the surface, a pop-up rear wing, headlights made of multiple LED strips, and lots of gold.

Which sorta explains the projected price. It’ll be built by Italdesign with a starting price estimated at a cool €900,000 (RM4.2 million). You would though, right?