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Wheels reports that Holden Special Vehicles (HSV) will commemorate its 20th anniversary by unveiling an incredible limited-run musclecar that portends to be Australia's fastest car ever built. While the official name isn't yet know - some predict it will be a combination of two previous heavyweight concepts and be dubbed GTS-R 427 - its confirmed that it will be powered by GM's 7.0l LS7 V8 putting out around 516hp and 478lbft of torque. Expect transmission to be limited to the Corvette Z06's six-speed Tremac unit.

Pricing is likely to run between $100-125k AUS, which is about half the price of the BMW M5. 0-60 is expected to match or exceed the M5's at 4.7sec and running 0-400m in under 13sec. Top speed is predicted to be ~180mph.

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