The Honda NSX might be gone, but it’s set to live on as the HSV-10 GT in Japan’s SuperGT championship.

Although we don’t have an official release or specs yet, we do have the image above and some preliminary details on the HSV-10 GT or Velocity Sports Honda. Built to the 2010 GT500 regulations, the new front/mid-engine racer from Honda is packing a 500+ hp, 3.4-liter V8 and sending power through the same Ricardo sequential manual gearbox fitted to the 2010 SuperGT cars from Nissan and Toyota. Underneath all that glorious carbon fiber is the same chassis Honda’s been working on (originally as an NSX replacement) for the last two years. The SuperGT season opener is scheduled for March 20 and 21 of 2010, but we expect more details and a host of high-res images to hit soon. Stay tuned…

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We knew it was coming and now we’ve got details. According to the latest reports out of Japan, the Honda NSX will live on, but mere mortals will never get a shot behind the wheel.

As previously reported, Honda has been actively petitioning the Japanese Automobile Federation (JAF) — the organizing entity behind Japan’s Super GT series — to run a new front-engine racer in the touring car championship. A cursory reading of the rule book states that vehicles campaigning in SuperGT must be production vehicles (think GT-R, MR2, SC430). However, Honda’s found a loop-hole.

Just as Toyota has done in recent years with the Supra (it’s out of production), the Super GT rules specify that a vehicle’s specs and design must be submitted to JAF to be approved. That means that a vehicle can be “production ready,” if not actually in production. So for the 2010 SuperGT season, Honda will bring out an all-new race car based on the NSX prototype (seen above), reportedly packing a 3.4-liter V8.

So… Lawyers: 1. NSX’s lovers: 0. But at least we get to see it race…