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‘GODZILLA’ Acquired By The Mach 1 Fund

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

Famously Known As Godzilla
We are excited to announce a notable addition to the CHROME TEMPLE Investments Mach 1 Fund ("Mach 1 Fund" or the "Fund"), Australia's first automotive investment fund of its kind. The Fund's 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 Straightforward Decision
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 – so 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, we believe, a worthwhile 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, based on our research and due diligence, 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, as a first in Australia, the Mach 1 Fund offers investors the opportunity to indulge their passion for collectible vehicles alongside the potential to grow their wealth through this low volatility, asset-backed ‘alternative investment,’ not always feasible for individual investors. Since its launch, the SMSF-compliant Fund has delivered investors double-digit returns*. 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 an authorised member of our team today and start the conversation.

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Blog Article Disclaimer & References:
CHROME TEMPLE Investments Pty Ltd ACN 640 888 026 is a corporate authorised representative (number 001284056) of SILC Fiduciary Solutions Pty Ltd ACN 638 984 602 (AFS license number 522145), who is limited to general advice and deal by arranging services to wholesale clients relating to the CHROME TEMPLE Investments Mach 1 Fund only.

The use of this site is governed by a Terms of Use Disclaimer. By using this site you acknowledge that you have read the Terms of Use Disclaimer and that you accept and will be bound by the terms thereof. Review the full Disclaimer.

This is general information only and doesn’t take into account your personal objectives, financial situation, or needs. Investment is only available to wholesale clients. Prospective investors should carefully review the Mach 1 Fund’s information memorandum (IM) in full and seek professional advice prior to making any investment decision.

The projections provided in this marketing material are based on Investment Manager's assumptions and analysis. These projections are forward-looking statements and are not guarantees of future performance. They are provided for informational purposes only. The actual results may differ significantly from the projections due to various risks and uncertainties, including but not limited to market conditions, economic factors, and changes in regulatory environments.

Quotes are views of third parties only and may not reflect the performance of the Fund nor reflect the opinions of the Trustee or their affiliates.

Past performance is not a reliable indicator of future performance and the expected returns of the Fund may not occur as expected or at all. An investor’s balance in the Fund may decrease as well as increase in value.

*Based on the annualised returns (CAGR) of the Fund's unit price as at 31 March 2024 compared to launch (May 2021) net of fees.

This blog article was published by CHROME TEMPLE Investments Pty Ltd and reflects the author's opinions on a particular subject matter. The views expressed do not necessarily reflect the performance of the Fund nor reflect the opinions of the Trustee or their affiliates.


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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

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