Nice start, but the alpha meshes are either not present or the material isn't configured properly (just like the car material which look way too plastic IMO).
Didn't even realise this was posted until now. FFS I hope ScaViEr took notes. Obviously the polygon count is through the roof compared to the already existing GTRs (and other cars in LFS), but this is an awesome effort and pretty close to what a GTR conversion should look like with somewhat state-of-the-art graphics. There's even a stock-alike skin!