A one off supercar from legendary Italian car stylist Bertone based on the Nissan GT-R? Sounds far fetched but Edmunds and Carscoop are guessing that the basis of the upcoming ProjectM is exactly that. According to Edmunds, they’ve used magnesium (wheels?) and carbon fibre (body panels) to shave 250 lbs off the base GT-R’s weight.

With designer Jason Castriota directing it’s sure to be of interest to any motoring enthusiast but we will know for sure at the Shanghai Motor Show 2009 later this month (April 20th) when all is revealed.

For now, check out the Inside Project M website for videos and sneak peak photos or follow the project on Twitter for more frequent updates.

Link: Inside ProjectM Website