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.