2005 Honda S2000: Honda’s High-Revving Cult-Favorite RWD Sports Car

2005 Honda S2000
The Honda S2000 has a stronger following today than most any twenty something year old car. You could safely call it a cult car, though that is not to imply that there aren’t totally rational reasons behind someone having an irrational love for it. It was a special car to its makers and has been to its owners since day one. Today we’ll rectify the surprising fact that we’ve never had a full CC profile on the S2000 by looking at the history of Honda’s sports roadster, what makes it special, and its place in the market.

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When Honda celebrated their corporate fiftieth anniversary in 1999, the company was mostly known to the general public for making well-engineered and reliable commuter cars. They had some sporty diversions from their main line (e.g. Prelude, CRX), but even those where always front-wheel-drive and based on an existing mass-market platform.

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1991 Acura NSX

Enthusiasts were well aware of the brilliant mid-engine V6 Acura NSX introduced for 1991. The NSX sold at an exotic price and in such small numbers that many customers entering Honda dealerships probably weren’t even aware of it at all. Their success with the NSX, in execution if not necessarily sales, prompted Honda to try a new Honda-branded model in another [almost] unprecedented category for them: a rear-wheel-drive two seat sports roadster to be released during their golden anniversary. The result was celebratory and an instant classic which has held its appeal better than any contemporary competitor.

 

Screenshot 2026 06 27 at 17 00 27 Honda S500 Guide — Supercar Nostalgia
1963 S500. Models and background look awfully American for a car that was never sold in North America

Why was a sports car relevant to their anniversary? Because Honda’s first production automobile was the well-regarded S500 roadster. Soichiro Honda was an engineer who had been involved in cars and manufacturing for over a decade when he founded his eponymous company in postwar Japan. They built their first motorcycle in 1949, becoming the top motorcycle producer in the world by 1959. The company wanted to build on its success by branching into automobiles. They started small, literally, with the T360 mini-truck in 1963, followed a few months later by the 500cc S500 sports car. The model was quickly refined into the S600, then the S800 made through 1970 (none of which were sold in the U.S.). The company also built and sponsored Formula One race cars with some success from 1964-68.

Screenshot 2026 08 11 at 18 21 54 Meeting the Guardians of Hondas First Winning F1 Car e1789937176168
1965 Honda RA272, winner of the Mexican Grand Prix

Honda decided for the 1970’s to leave racing and sports cars behind for the time being and focus strictly on the front-wheel-drive commuters they would soon become so internationally successful with. Still, Mr. Honda was a racing fan with a love for well-engineered machines. With Civics and Accords paying the corporate bills quite well, Honda got back into support for racing in the 1980s, building engines for many Formula One cars among other activities. Also in the 80s, the company began developing the Acura NSX (Honda in Japan), featuring the first production aluminum monocoque chassis in the industry and using many of the lessons learned in making racing engines, while maintaining Honda’s famous drivability and reliability. At $48k in 1991($149k in 2026 dollars), it was by design a lower-volume prestige model, though Honda would have preferred it to be a bit less low-volume over the years until it was dropped in 2005 (a new generation would return from 2017-22).

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Having successfully built a high-end mid-engine sports car, Honda tasked the NSX chief engineer, Shigeru Uehara, with applying the same magic to the planned roadster. The first public evidence of their progress was the 1995 SSM (Sport Study Model) concept car. Styling was by Pininfarina. The engine was a high-revving, naturally-aspirated five cylinder, while the transmission was an automatic derived from the NSX’s. It also borrowed the NSX’s aluminum double wishbone suspension front and rear, and had a claimed perfect 50/50 weight distribution.

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The SSM was a hit at the Tokyo and other auto shows in 1995-96. The positive response, as well as the production of the BMW Z3 and Mercedes SLK in 1995 and Porsche Boxster in 1996, cemented Honda’s plans to make a production version.

Honda S2000 high X bone frame

The SSM had a cockpit completely separated down the middle by a structural element, enhancing chassis stiffness. For the production car, Honda wisely used a regular interior and still achieved exceptional body rigidity with a “high X frame” in its semi-monocoque structure. This frame went down the middle of the car like a traditional X frame, but over the transmission and driveshaft then down and out to the suspension. Unlike the NSX, the S2000 body and understructure was steel, which was a cost-conscious choice, but the final car was still only 2,800 lbs.

Honda S2000 2000 HD a7df736c1c65bd1db406ef16c6f971dde3bc8c3a1 e1789937134188The S2000 kept the SSM’s 50/50 weight distribution with a front-mid engine placement (i.e. engine ahead of cockpit but completely behind the front axle). Also retained was the double wishbone/coil sprung suspension all around, though in ductile iron instead of aluminum.

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The production car retained the main styling themes from the concept, toned down a bit by Honda designer Daisuke Sawai. The most obvious changes were the front end was shortened a bit and the low headlights were positioned more conventionally. Overall, it’s a fairly understated design, which has helped it to age well.

2005 Honda S2000

The concept car’s dual pod interior was nifty, though not really suited to the classic sports car vibe of the S2000. The interior has minimalist styling (and minimal storage) though certainly not unattractive. Very Honda. It couldn’t be confused with a luxury car, but it was a modern car with AC, power steering (electric assist), power brakes, leather seats, power windows and locks, keyless entry, power cloth top, and a CD stereo all standard. A CD changer, heated seats, and a removable hardtop were the main options. Notably absent from the options list: any automatic transmission. God bless Honda. The stereo is not powerful at all, but the engine and a smooth stick is all the HiFi you need in a sports car, right?

2005 Honda S2000

Interestingly, Honda went with an all-digital instrument panel. It seems to be out of step with the semi-retro character of the car. Seeing it, I’m reminded of another dash:

corvette digital dash

Honda didn’t catch near the amount of flack that Chevrolet did when they put a basically similar display in the 1984-90 Corvette. Perhaps the Vette was just ahead of its time! The S2000’s digital display was a holdover from the SSM concept car, very compact, and justified by the fact that Formula One cars had adopted digital displays by this time and digital dashes were popular in the JDM. It was probably a cost-driven choice not to make a separate analog dash more suited to the American and European markets

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2000 F20C

As fine as all these aspects of the car are, the thing that made the car a star when new and a classic now is what’s under the hood. The 2000 model came out with the F20C: 2.0L aluminum DOHC four (wisely dropping the concept car’s extra cylinder), naturally aspirated, and making 240hp and 153lb-ft. If that sounds like a lot of horsepower for the size and era, you’re not mistaken. In fact, at the time it had the highest specific output of any naturally-aspirated production piston engine ever, the 120hp/liter being closer to race car range than regular car range.

It held this record until the 2010 Ferrari 458 Italia’s 4.5L V8 put out 126hp/liter. That Ferrari engine still holds the record, mostly because no one is trying anymore in that category, including Ferrari. The piston qualifier is in there because of the 2003-08 Mazda RX-8 with 232hp from a 1.3L (174hp/L) rotary engine.

Besides generally sound engine design, which Honda has always excelled at, the F20C achieves its lofty power by several means. It has excellent breathing as well as minimal internal friction. Another is very high revs (also seen in the Ferrari). It makes peak horsepower at 8300 RPMs on the way to a 8900 RPM redline, with peak torque coming on at 7500RPM. Finally, there is Honda’s VTEC system.

This might be a good opportunity to go into what exactly VTEC is, as it’s one more acronym in an industry full of acronyms and can easily slip through underappreciated. I didn’t really understand what it was for a long time. It stands for Variable Valve Timing and Lift Electronic Control.

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VTEC is a clever system to utilize two (and sometimes three) separate camshaft profiles on one camshaft. The best camshaft for smooth economical driving will be much different than the best camshaft for fast performance driving. The VTEC system provides closer to the ideal valve timing, lift, and duration for both low RPM and high RPM use. It uses hydraulically actuated pins to switch between low-lift and high-lift rocker arms. This system gives good efficiency and drivability in relaxed driving and a real kick in the pants for energetic driving, with the vehicle computer deciding which cam profile to use based on RPM, engine temp, oil pressure, and throttle position. It generally activates around 6000 RPM in the S2000. I found a light-hearted, eight minute video if you are interested in a better visual explanation.
2005 Honda S2000
professional photo of 2004 Honda S2000
Many folks consider the S2000 to have one of the best four cylinder engines ever, and not just because it looks so good! Making the S2000 was a matter of pride for Honda, not solely a business case, and as such engineers put even more effort than normal to get the engine right. It’s designed to deliver reliability and durability even with liberal use of its high-revving nature. It runs smoothly despite a 180deg crankshaft and no balance shafts. Twenty plus years on, known issues are minimal, mostly involving oil consumption in higher-mileage/harder-used cars.
2005 Honda S2000
F22C1 in featured car
For 2004, Honda made some midcycle changes, the biggest being with the engine. The revised engine, dubbed F22C1, had a lengthened stroke, increasing the displacement to 2.2L, and a decreased redline (by 800 RPM). Horsepower stayed the same (240) while torque increased 9 (to 162). The changes made its personality a little less extreme, providing easier use for most drivers (curiously, the F22C1 wasn’t used in the JDM until 2006 and was never used in the European market). In the same vein, the suspension tuning was adjusted a bit to improve ride in normal use and predictability in performance driving.
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2000 advertisement
The casual observer might have assumed that the new 2000 Honda S2000 was named for the year, millennial fever being rampant at the time. That was just a fortuitous coincidence, as the moniker is a nod to the naming format of the first Honda car: S for sport, 500 for the engine’s cc displacement (and S600 and S800 when they upsized the engine). The new car had a 1997cc engine, thus rounded up to be the S2000. Historicity did not prevail enough to rename it S2200
in 2004 when they increased the engine size, though.
2005 Honda S2000
The car was certainly an executional success, being almost universally praised when new and ever since. It would have to be considered a sales success, too, with 113k sold worldwide and 66k in the U.S.  Those sales were front heavy, though, with the highest sales in the first few years, as you might expect, then gradually declining over the ten years of production.  However, sales were considerably less than the BMW Z3 and Porsche Boxster, and marginally less than the Mercedes SLK, despite those cars costing significantly more in base form without offering more performance. It was also well outsold by the Nissan 350Z and Mazda MX-5 Miata, though those cars didn’t compete with it as directly as the Europeans.
Sticker for the 2000 model was $32,995 (64k in 2026 $) and interestingly only $2,ooo more at the end of its run in 2009, which was much less increase than inflation.
Screenshot 2026 08 19 at 18 46 50 20 years on Hondas S2000 leads the pack Hagerty Media e1787184764436
Fast forward a couple decades and the S2000 has had the last laugh, reflected in current values.  The above chart is three years old, but documents how the S2000 has outvalued other sports cars of the era. Beyond its talents and charisma, the relatively limited production numbers likely have helped make it the hot property that it is to the initiated.

2005 Honda S2000

The S car couldn’t be sold in its original form indefinitely, Honda had to decide whether to invest in a new generation or end it. Sports car sales were softening generally, and it was difficult for the car’s cheerleaders in the company to make a case for it. It was a cult car, to a certain extent even when new, and the decision to wrap production cemented that status in perpetuity. I have no doubt the S2000 will keep a strong following far into the future as long as there is gasoline available and [very] non-autonomous cars are legal.
The subject car is my dad’s 2005 which I had custody of for a couple months before we sold it. Watch in coming days for a part two semi-COAL, with the story of this particular car, my impressions, and the big grins that come with driving this roadster.
Related reading: 
COAL: 2006 Honda S2000 – Lucky Deuce By JJPowers.  JJ drove his car extensively and goes into delightful detail on his experiences with it.