1998 Mitsubishi Lancer GSR Evo V

Mitsubishi had enjoyed much success in rallying all around the world since 1973 with their Gallant, Lancer and Starion however in 1992, the decision was made to fully commit to winning the World Rally Championship (WRC). Utilising the best of the technologies established through previous years, including their much-refined four-wheel drive S-AWC system (Super-All Wheel Control), the Lancer GSR Evolution model series was launched. True to its name, the series has undergone an ongoing evolution process ever since its introduction with improvements in engine performance and handling leading to the Evolution II in 1993 and the Evolution III in 1995.

Following the introduction of the new Lancer road car model which debuted major improvements in styling and performance, the Lancer GSR Evolution IV was launched in 1996, boasting more power and ever more innovative technology including their new AYC (Active Yaw Control) adaptive handling enhancement system.

The Evolution V continued the process with a further increase in engine torque and substantially improved handling thanks to a wider track and upgraded Brembo braking. Its 2-litre, DOHC, intercooler-turbocharged, four-cylinder engine now used an upgraded intercooler, enlarged nozzle area in the twin-scroll turbocharger, lighter pistons, an upgraded radiator and oil-cooler to produce 280bhp. Launched in January 1998 and produced for only a year, the Lancer Evolution V took up the motorsport mantle, at least in terms of the WRC. A new ruling allowing a bigger body gave Mitsubishi the opportunity to extend the previous models platform, increasing brake and wheel size, adding 10mm to its track and displaying, for the first time, flared arches and much more aggressive styling.

Its now widely accepted that finding credible examples of the Evolution V is becoming increasingly hard. In Japan, Evos were only produced by the Mitsubishi factory in five basic trims, RS, RS2, GT, GT-A or GSR. This is an exceptionally rare GSR variant, the road-going version of the out and out stripped RS competition edition. Featuring climate control, electric windows and mirrors, sports seats and alloy wheels, this Palma Red GSR sports the correct Recaro Sports seats and it believed to be one of under 100 produced, making it an exceptionally rare car.

Purchased by our vendor in Japan and imported in 2019 to join his private JDM Collection, the car has been well maintained whilst in his ownership and driven sparingly, now displaying 100,200km (62,261 miles). Serviced in August in preparation for sale, this honest GSR remains close to standard specification, with the only modifications being a Pro Plus Inc. boost gauge, and an Alcantara re-covered steering wheel. Offered with a current MOT, V5C and some receipts for maintenance.