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According to Car and Driver, a preliminary version of the Nissan GT-R V-Spec -- that stands for Victory Specification, mind you -- could be unveiled at the Paris Motor Show later this year and may even be ready for sale by the end of the year. The V-Spec, whose actual specs have not been revealed, is the even better, faster, stronger version of the plain old blindingly fast Nissan GT-R. The V will be lower and more powerful than the regular GT-R, but no one knows yet by exactly how much.

Apparently Nissan has also admitted that the $70,000 GT-R is currently a loss-leader. As the company rolls out more cars on the same platform, like an Infiniti version in a year or so, the GT-R's balance sheet will begin to show profit. Speaking of that Infiniti version, it will be intriguing to see how they combine Nissan gadgetry with Infiniti luxury. And although the V-Spec could be shown in just a few months and on sale by December, it isn't expected to go on sale in the U.S. until 2010.