The long version

Group A racing wins made the badge before the R32 ever existed, and that history is exactly what auction houses now sell alongside the car — a numbers-matching Hakosuka draws bidders who know the R380 lineage cold and are buying the archive as much as the drive. Values have compounded for two decades straight, steep enough that even a supervised parade lap reads as a risk most owners decline to take. The S20 six still spins the way period road tests once described, revvy and mechanical, but that character is now almost entirely theoretical, protected rather than proven, inside a climate-controlled bay.