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Corvette Racing Confirms Driver Lineup

by Keith Cornett on February 23, 2008

Corvette Racing's Driver Lineup for 2008

All six drivers of Corvette Racing have returned to campaign in 2008 for the American Le Mans Series Championship and what Ron Fellows calls the Super Bowl of Racing – the 24 Hours of LeMans. And yes, the 4-time recipient of the ALMS Most Popular Driver Award Ron Fellows is returning, joining Johnny O’Connell and Jan Magnussen in the #3 Corvette C6.R. Back to defend their 4-year Championship winning streak are Oliver Gavin and Olivier Beretta in the #4 C6.R, with Max Papis joining for the endurance races.

Racing will get interesting again in the ALMS GT1 category with a full time competitor in the form of an Aston Martin DBR9 from Bell Racing. In June the teams face last year’s LeMans winning Prodrive DBR9 and seven others in the LMGT1 class. Corvette Racing has seven consecutive podium finishes at LeMans and you can bet the #4 team is anxious to take care of some unfinished business.

Glad to have all the guys back. It says a lot about the racing program that can keep these caliber of drivers in the fold year after year.

The full press release is after the jump.

Corvette Racing Confirms 2008 Driver Lineup

Chevrolet’s Championship-Winning Team Returns for American Le Mans Series and 24 Hours of Le Mans

DETROIT – Corvette Racing’s roster of championship-winning drivers will return in 2008 to race the Chevrolet factory team’s twin Compuware Corvette C6.R race cars in the 12-race American Le Mans Series and the 24 Hours of Le Mans. Johnny O’Connell and Jan Magnussen will drive the No. 3 Corvette C6.R, joined by Ron Fellows for three endurance races (Sebring, Le Mans and Petit Le Mans). Oliver Gavin and Olivier Beretta will drive the No. 4 Compuware Corvette C6.R, teamed with Max Papis in long-distance events.

“Continuity and consistency are two of the cornerstones of Corvette Racing’s success, and that is reflected in our longstanding relationships with these championship-winning drivers,” said Steve Wesoloski, GM Racing Road Racing Group manager. “They thoroughly understand the team’s overall objectives, and they are total professionals both on and off the race track. We’re very proud to have these six drivers as part of the Corvette Racing family.”

Corvette Racing’s six drivers have a combined total of 135 ALMS victories, 13 ALMS championships, and 17 class victories in the 24 Hours of Le Mans. They’ve been successful in series that span the spectrum of motorsports from karts to Formula 1.

Ron Fellows, the charter member of the Corvette Racing fraternity, has been part of the team since initial testing began in 1997. A four-time winner of the ALMS Most Popular Driver award, the Canadian star will attend selected ALMS races as a consultant and Corvette ambassador when he is not racing. Fellows also intends to compete in selected NASCAR Sprint Cup and Nationwide Series road races.

“It’s been very special to be a part of Corvette Racing since Day One,” Fellows said. “People around the world now recognize and respect the Corvette brand as a result of the success in top-level racing that the team has achieved over the years. It’s also been very gratifying to see how the race program has been integrated with the production Corvette, first with the sixth-generation Corvette and the Z06, and now with the Corvette ZR1.”

Like every member of the Corvette Racing team, Fellows has his eyes firmly fixed on the GT1 prize at the 24 Hours of Le Mans: “Le Mans is our Super Bowl,” he said. “It’s such an important race, and competing there is something I’m not ready to give up yet.”

Oliver Gavin and Olivier Beretta are seeking their fourth consecutive GT1 drivers championship in 2008, and the teammates are aiming to win their fourth Le Mans title in five years.

“No one is complacent at Corvette Racing,” Gavin said. “We all know that our jobs are highly sought after, and I begin each season with the thought that we are starting with a clean sheet of paper and I have to prove myself again. Our teammates in the No. 3 Corvette C6.R will be racing the wheels off to beat us, and we’ll be doing the same to beat them as well as the Aston Martin. There are very sharp people in the team who are constantly analyzing every performance, making sure that everyone is at the top of their game.

“Continuity in the lineup means that you know how your teammates think and respond to situations,” Gavin explained. “This familiarity allows each of us to get the job done in the most efficient way, and that’s usually what produces the best result.”

Corvette Racing will make its season debut in the opening round of the 12-race ALMS series, the Mobil 1 Twelve Hours of Sebring, on March 15, 2008.

Corvette Racing Drivers
(Note: Detailed driver profiles are available online at
http://media.gm.com/division/gmracing/press_kits/08racing/index.html)

Olivier Beretta, Compuware Corvette No. 4
Birthdate: Nov. 23, 1969
Residence: Monte Carlo, Monaco

Notes: Five-time ALMS GTS/GT1 champion, five class wins in 24 Hours of Le Mans, holds ALMS records for most career wins (37) and most career poles (20), two FIA championships, overall victory in 2000 Rolex 24 at Daytona

Ron Fellows, Compuware Corvette No. 3
Birthdate: Sept. 28, 1959
Residence: Mississauga, Ont., Canada

Notes: Four-time ALMS Most Popular Driver award (2004-07), three-time ALMS champion, two 24 Hours of Le Mans class wins, 19 SCCA Trans-Am wins, five NASCAR wins (two NCTS, three NNS)

Oliver Gavin, Compuware Corvette No. 4
Birthdate: Sept. 29, 1972
Residence: Yardley Hastings, England

Notes: Three-time ALMS GT1 champion, 28 career ALMS class victories, four class wins in 24 Hours of Le Mans

Jan Magnussen, Compuware Corvette No. 3
Birthdate: July 4, 1973
Residence: Roskilde, Denmark

Notes: Three class wins in 24 Hours of Le Mans, 14 career ALMS wins, former Formula 1 driver, twice voted “Most Popular Driver” in ALMS, 2005 Danish Racing Driver of the Year

Johnny O’Connell, Compuware Corvette No. 3
Birthdate: July 24, 1962
Residence: Flowery Branch, Ga.

Notes: Two-time ALMS GT1 champion, 28 career ALMS wins, six Sebring 12-hour class victories, holds ALMS records for most starts (84), most podium finishes (63), most top-five finishes (76) and most top-10 finishes (82)

Max Papis, Compuware Corvette No. 4
Birthdate: Oct. 3, 1969
Residence: Mooresville, N.C.

Notes: Daytona 24-hour winner, two Sebring 12-hour victories, three CART wins, 2004 Grand-Am Daytona Prototype champion


Source:
CorvetteRacing.com

Related:
Corvette Racing Moves to E85 for 2008 ALMS Season
Corvette Racing Will Return To ALMS GT1 in 2008

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1953 Corvette Roadster

Today we conclude our annual Corvette pricing series by taking a look at the Corvette generational pricing highlights of 2007. The years continue to be good for Corvette owners. Nearly all Corvettes from 1953-1982 are showing appreciation. Many C4 Corvette models have turned the corner and are beginning to show modest increases. And finally, depreciation is happening where it should – the C5 and new C6 corvettes.

1953-1962:
This generation is the appreciation trend leader for the Corvette resale market. Appreciation results are from +6% to +192% – quite a range. At 6% there was the 1961 model at an average price of $44,000. Most of the first generation Corvette information was covered in the appreciation overview. We expect these models to continue as the appreciation leaders in 2008.

1963-1967:
The mid-years will always be a popular series with the Corvette enthusiast. The unfortunate results of this popularity is that they are becoming out of purchase range for the average Corvette buyer. The appreciation range was between +6 – +19% with several models in the 6% column. The 1964 Coupe continues as the entry level for this series at an average price of $33,500 and shows a 6% appreciation factor.

1968-1982:
The average price range for this generation was from $9,200 (1978 T-Top) to $27,900 (1969 Roadster). The appreciation range reflected from a position of ‘No Change’ to +17% as shown on our chart. Only one model reflected depreciation, the 1982 Collector at an average price of $18,000 that reflected a (-4%) change.

1984-1996:
In this category, excluding the Grand Sport models, seventeen of the models are showing appreciation numbers in average price of +1% to +9%. An example of this group at +9% was the 1990 ZR1. In the negative department, the range was (-1%) to (-13%) where the (- 13%) depreciation representative was the 1987 Roadster. Average prices spanned from $8,700 (1984 Coupe) to $41,700 (1995 ZR1).

1997-2004:
The prices of the early models in this generation (1997-2000) were below the $20,000 mark. At these kinds of prices one buys a considerable amount of Corvette performance, handling, technology and comfort and convenience features. These may become the entry level Corvettes for first time buyers. None have yet been identified as showing appreciation, however the 1999 first year Hard Top is showing a (-6%) depreciation factor rather then double-digits at $17,900.

2005-2008:
The Coupes in this series are showing single-digit depreciation of (-6%) to (-9%). The 2006 Roadster and 2006 Z06 are at (-10%) and (-11%). If past history is any indication, we expect all models to reflect double-digit depreciation during this year.

Order the 2008 Corvette Price Guide

2008 Corvette Price GuideThe 2008 Corvette Price Guide covers all Corvette years and body styles with high, low and average prices for each Corvette model. Another important feature of the Price Guide is the provisional one, two and five year appreciation factors for each Corvette.

In addition, the Corvette Price Guide provides the original base price and the number of units manufactured. To complete the content, included is information on motors, wheels, hard tops and factory air conditioning. Price is $15 and shipping is free!

Bob Kroupa of VETTE-N-VESTMENTS provided this analysis of 2007′s top 10 depreciating Corvettes. VETTE-N-VESTMENTS is the data provider for the annual guide and publisher of the monthly Corvette Market Letter.


Source:
VetteFinders.com
Data Provided by Vette-N-Vestments

Related:
Depreciating Corvettes: Top 10 Price Declines of 2007
Appreciating Corvettes: Top 12 Price Gainers of 2007
2008 Corvette Price Guide: 1953 Corvette Values up 192%

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Corvette Racing’s C6.Rs Sporting the New Jake Scrape

by Keith Cornett on February 21, 2008

BadBoyVettes.com shot us a quick note yesterday to check out Corvette Racing’s new C6.R paint scheme. The new livery features a heavy dose of black including the return of the Black Tail. Other area’s receiving attention include the blackout headlights, black BBS wheels and black rocker panels.

Corvette C6.R's Paint Scheme for 2008 Corvette C6.R's Paint Scheme for 2008

But perhaps the most distinctive feature of the scheme is the so-called Jake Scrape, a set of black lines that run on the top of the Corvette from front to back. BadBoy Eddie has put together a contest to see who can guess the genesis of the scrape. I left him my .02¢ that it came from Jakes teeth. But checking the comments, I see someone else guessed that sooner so I am just a Johnny-come-lately to that party.

The Corvette Racing C6.R’s will have a lot in store for them this year. Not only will they have competition for the full season from Bell Racing’s Aston Martin DBR9, but the 24 Hours of LeMans is shaping up to be an epic battle. The LMGT1 class has no less than 10 entries including a Saleen S7, Luc Alphand’s C6.R Corvette and four Aston Martins.

Check out BadBoyVettes.com for their 2008 Season Wishlist.


Source
BadBoyVettes.com

Related:
Corvette Racing Fans Rejoice: Aston Martin DBR9 Racing in ALMS GT1
BadBoyVettes Unveil the Rebranded Corvette Racing C6.Rs

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Depreciating Corvettes: Top 10 Price Declines of 2007

by Keith Cornett on February 21, 2008

2001 Corvette Z06

Yesterday we shared an analysis of the 2008 Corvette Price Guide in respect to the Top 12 price gainers of 2007. Today we look at the other end of the spectrum to detail the Corvettes with the highest declining vales. We are fortunate that despite a roller coaster economy, depreciation is hitting Corvette exactly where it should be – The C5 Corvette. It should not come as a surprise to see the fifth generation Corvettes holding all ten positions. The norm for newer Corvettes is to reflect double-digit depreciation for some years, followed by single-digit depreciation for several more years and finally cross over in the appreciation area.

Here are the top 10 Corvettes with the highest depreciation values:

Top Depreciation Models
Year Make % Change Average Price
2001 Z06 -20% $23,000
1998 Roadster -18% $19,200
2002 Z06 -17% $27,000
1998 Coupe -17% $17,000
1999 Coupe -16% $18,500
2002 Roadster -15% $27,500
2002 Coupe -14% $24,000
2003 Z06 -14% $31,000
2004 Z06 -14% $33,500
1999 Roadster -14% $21,300

More analysis of the Top 10 Price Declines of 2007 follows the jump.

One surprise on the depreciation list is the C5 Z06. Up until this year, the C5 Z06 Corvette was a bit more insulated from double-digit depreciation due to its performance characterizes and lower production numbers, but that appears to have changed now that the C6 Corvette has been on the street for what is now its fourth year.

Virtually all of the C5s showed double-digit depreciation last year. We expect the early models in the series to drop to single-digit depreciation this year. The Z06s were most notable on the chart. As stated before, they don’t provide ‘open’ cabin driving. From a horsepower perspective, the standard sixth generation Corvettes are comparable.

Following the C5 Corvettes on this list are the 2005-2006 Corvettes which show a depreciation range of -9% to -12%.

The late C4 Corvettes (1992-1996) are slowing in their depreciation with several models starting to turn the corner. We are seeing all but one year of the c4 ZR-1 Corvettes in positive territory now.

The C3 Corvette generation is really starting to mature despite the lack of performance options later in the run. Only two model years, the 1976 and 1977 have an average price under $10,000, The 1979 Corvette is a no change despite having the second highest production in the history of Corvette. In fact, the only C3 Corvette to decline in value is the 1982 Collector’s Edition Corvette which is down slightly at -4%. The regular 1982 Corvette is a no change.

Finally, what’s amazing about Corvettes from an investment perspective is that every Corvette from 1953 through 1978 shows an appreciation in their values. That is 25 years of Corvettes that are increasing in value!

Order the 2008 Corvette Price Guide

2008 Corvette Price GuideThe 2008 Corvette Price Guide covers all Corvette years and body styles with high, low and average prices for each Corvette model. Another important feature of the Price Guide is the provisional one, two and five year appreciation factors for each Corvette.

In addition, the Corvette Price Guide provides the original base price and the number of units manufactured. To complete the content, included is information on motors, wheels, hard tops and factory air conditioning. Price is $15 and shipping is free!

Bob Kroupa of VETTE-N-VESTMENTS provided this analysis of 2007′s top 10 depreciating Corvettes. VETTE-N-VESTMENTS is the data provider for the annual guide and publisher of the monthly Corvette Market Letter.


Source:
VetteFinders.com
Data Provided by Vette-N-Vestments

Related:
Appreciating Corvettes: Top 12 Price Gainers of 2007
2008 Corvette Price Guide: 1953 Corvette Values up 192%
Appreciating Corvettes: Top 12 Price Gainers of 2006

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Appreciating Corvettes: Top 12 Price Gainers of 2007

by Keith Cornett on February 20, 2008

1996 Corvette Grand Sport Roadster

The 2007 ‘Corvette’ calendar was quite interesting in many ways. We particularly noted record prices for quality, documented first and second generation Corvettes. More and more of these models have been restored and brought to market, many with NCRS certification and Bloomington Gold Awards in tow. These vehicles continue to sell at top dollar while those termed in ‘average’ condition are showing somewhat positive results, however not in the double digit appreciation results we have see over the past few years.

Rare low production numbered Vettes continue to sell at record prices including late models. A classic example is the 1996 Grand Sport holding the #2 spot on our appreciation chart.

Data from the Corvette Price Guide comes from analyzing the selling prices of over 5,800 Corvettes during 2007 and then comparing the sales figures to years prior. That method has proven to be a statistically accurate measure of the Corvette Market.

Top Appreciation Models
Year Make % Change Average Price
1953 Roadster 192% $316,250
1996 GS Roadster 50% $65,000
1955 Roadster 38% $81,000
1954 Roadster 30% $65,750
1963 Coupe 19% $49,900
1969 T-Top 17% $23,600
1996 GS Coupe 14% $38,200
1958 Roadster 13% $52,000
1969 Roadster 12% $27,900
1956 Roadster 11% $54,500
1967 Roadster 11% $58,200
1971 Roadster 11% $26,000

More analysis of the Top 12 appreciating Corvettes after the jump.

The 1953 Corvette has shown astronomical results and was the hot ticket during 2007. Normally one or two surface each year, however, several were sold during the year at record prices.

The same holds true for the 1996 Grand Sport, a limited production Corvette made up of 190 Roadster and 810 Coupes. We noted a number sold with mileage numbers under the 300 mark.

The 1955 Corvette, another low production Corvette with only 700 built holds down the number three spot on the chart.

Much to our surprise, the 1954 model is caught up in the 1953 Corvette hype and has become a ‘tag-along’. However, in defense of the 1954 Roadster’s appreciation, we note that it does offer three rare factory paint colors, Black, Red and Blue.

The popularity of the first generation continues with the unique body panels and trim of the 1958.

The 1956 model, which follows in the Top Ten sequence for appreciation, was the first to offer an eight cylinder motor coupled with a manual transmission.

Two mid-year Corvettes are listed on the chart as well, the 1963 Coupe had been undervalued in recent years even though the split-window continues to draw special attention to this Corvette.

The mid-year icon, the 1967 Roadster, also makes a repeat appearance on this list. When one mentions mid-year Corvettes those words are usually followed by, “is or was it a 1967 Corvette”.

Three third generation Corvettes are on the chart and moving up in value. Many of the buyers recognize they cannot afford first and second generation Corvettes and are purchasing chrome bumper Corvettes that have numerous motor options and continued appreciation results.

Order the 2008 Corvette Price Guide

2008 Corvette Price GuideThe 2008 Corvette Price Guide covers all Corvette years and body styles with high, low and average prices for each Corvette model. Another important feature of the Price Guide is the provisional one, two and five year appreciation factors for each Corvette.

In addition, the Corvette Price Guide provides the original base price and the number of units manufactured. To complete the content, included is information on motors, wheels, hard tops and factory air conditioning. Price is $15 and shipping is free!

Bob Kroupa of VETTE-N-VESTMENTS provided this analysis of 2007′s top price gainers. VETTE-N-VESTMENTS is the data provider for the annual guide and publisher of the monthly Corvette Market Letter.


Source:
VetteFinders.com
Data Provided by Vette-N-Vestments

Related:
2008 Corvette Price Guide: 1953 Corvette Values up 192%
Appreciating Corvettes: Top 12 Price Gainers of 2006

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2008 Corvette Price Guide: 1953 Corvette Values up 192%

by Keith Cornett on February 19, 2008

2008 Corvette Price GuideOur Corvette classifieds website VetteFinders.com brings us the annual VETTE-N-VESTMENTS Corvette Pricing Guide and later this week, I will be posting an analysis of the Corvette Pricing Trends from 2007 on CorvetteBlogger.com. This year marks the 8th annual release of Corvette pricing data and it remains a feature unique to VetteFinders.com in the online Corvette classified’s arena.

The 2008 Corvette Price Guide contains data from the sales of over 5,800 Corvettes from last year to give us the High, Low, and Average prices of all Corvette model years and body styles. The guide also contains appreciation and depreciation figures for One, Two and Five years, as well as pricing for options including motors, wheels and A/C.

The free online version features the average prices of over 120 different Corvette models spanning 1953-2008. The printed version, which contains High/Low and Average prices as well as appreciation/depreciation percentages is available for $15 and can be purchased through the VetteFinders.com online store. Shipping is free.

The top appreciation gainers were led by the 1953 Corvette which clocked in at 192%. The first-year Corvette has shown astronomical results and was the hot ticket during 2007. Normally one or two surface however several were sold during the year at record prices. The same holds true for the 1996 Grand Sport, a limited production Corvette made up of 190 Roadsters (+50%) and 810 Coupes (+14%). The 1955 Corvette, another low production Corvette with only 700 built holds down the number three spot on the chart at 38%. Two mid-year Corvettes are listed on the chart as well, the 1963 Coupe and the 1967 Roadster. Three third generation Corvettes are on the chart and moving up in value. Many of the buyers recognize they cannot afford first and second generation Corvettes and are purchasing chrome bumper Corvettes that have numerous motor options and continued appreciation results.

We’ll have more on the top models from both an appreciation and depreciation perspective later this week.

Data from the price guide comes from analyzing the selling prices of over 5,800 Corvettes during 2007 and then comparing the sales figures to years prior. That method has proven to be a statistically accurate measure of the Corvette Market.

Bob Kroupa of VETTE-N-VESTMENTS, is the data provider for the annual guide and publisher of the monthly Corvette Market Letter.


Source:
VetteFinders.com
Data Provided by Vette-N-Vestments

Related:
Video: Matched Set of 1953/2003 Corvettes sell for $390,500
Auction Results: [VIDEO] 1953 Corvette Sold for $261,800
Gathering Pricing Knowledge

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Carlisle Details 2008 Corvette Show Plans

by Keith Cornett on February 18, 2008

Got a Red, White or Blue Corvette? If you’re planning on attending the Corvettes at Carlisle show later this Summer, you might want to sign up for this year’s participant highlight – an aerial display of the American flag created with 104 Red, White and Blue Corvettes. The flag will be created and displayed on Friday, August 22nd and all participants will receive free parking and a free digital copy of the photo.

If you’re interested in being part of this display, click here for the registration form.

Other Corvettes at Carlisle displays include:

Chips Choice:
Corvettes at Carlisle is jumping headfirst in the “Resto-Mod” craze by hosting a gathering of these special built Corvettes. The chosen Corvettes are determined by a “quality selection process” which consists of uniqueness, overall appearance, desirability and build quality. If you want to be consider for this year’s Chip’s Choice Invitation, contact Lance Miller via email at lancem@carlisleevents.com.

Anniversary Reunions:
Lance and his team will gather an array of 1958 Corvettes for the 50th anniversary display. As this is also 30th anniversary for the 1978 Corvette Pace Car, look for a gathering representing the Black and Silver Indianapolis 500 Replicas.

Lance Miller, Senior Director with Carlisle Events commented, “This year’s event is going to be one for the record books. Each year demonstrates how a love for Corvettes can bring such an array of great people together at the Carlisle PA Fairgrounds. I consider them to be my friends and family and I know we share the same passion for life. Life is good!”

Corvettes at Carlisle is planned for August 22-24 at the Carlisle, PA Fairgrounds. More details can be found at CarlisleEvents.com.


Source:
CarlisleEvents.com

Related:
Storm Hammers Corvettes at Carlisle

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Friday’s Featured Corvettes for Sale

by Keith Cornett on February 15, 2008

Here we go with another round of Friday’s Featured Corvettes for Sale from VetteFinders.com, the original online Corvette classified ads website. The beautiful C1-C6 examples you see here are just a sample of the 500+ Corvettes available now. Want to learn more? Click on the photo or link to read the full ad, view more photos and contact the seller.

1960 Corvette Convertible For Sale 1964 Corvette Convertible For Sale 1970 Corvette Coupe For Sale
1960 Convertible
$51,995
1964 Convertible
$39,900
1970 Coupe
$49,900
 
1994 Corvette Convertible For Sale 2003 Corvette Hardtop For Sale 2008 Corvette Convertible For Sale
1994 Convertible
$16,900
2003 Z06 Hardtop
$35,995
2008 Coupe
$47,982

Selling Your Corvette? Now is the time and VetteFinders.com is the place to reach more qualified Corvette Buyers. Corvette Classified Ads are only $25 and run for 3 months. You can post unlimited photos and you have access to make any changes at any time.


Source:
VetteFinders.com

Related:
2/1/08: Featured Corvettes for Sale at VetteFinders.com

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Introducing the 2008 Corvette 427 Limited Edition Z06

by Keith Cornett on February 14, 2008

Paying respect to a classic is a great way to promote the future and GM has done that with their new 427 Limited Edition Z06 Corvette. The 427 remains as one of the most iconic car culture status symbols of the Sixties – in fact, there is probably no Corvette more coveted and collected than a Corvette with 427 big block engine. Today, Chevrolet’s Z06 also features a displacement of 427 cubic inches yet 21st century technology allows them to offer that power compacted into the 7.0 liter small block. The 427 Limited Edition Corvette also takes some styling cues from the Sixties 427 – featuring a Crystal Red exterior and 427 emblems affixed to the Black Stinger hood.

2008 Corvette 427 Limited Edition Z06 2008 Corvette 427 Limited Edition Z06 2008 Corvette 427 Limited Edition Z06

Each of these limited edition Corvettes is numbered and signed by the retiring Wil Cooksey, the man in charge of the Corvette Assembly Plant for the last 15 years. 505 of these Limited Edition Corvettes will be offered with 427 available in the US and Canada and 78 exported outside North America. The Corvette will retail for $84,195 and features the 3LZ premium equipment with a custom leather wrap interior and new chrome wheels.

Read the full press release from GM after the jump.


Chevrolet’s Special ’427 Limited Edition Z06′ Salutes Classic 427 Corvettes

DETROIT – Chevrolet announced the 2008 Corvette 427 Limited Edition Z06, a limited-production model that pays homage to the big-block Stingray models of the mid-1960s. The 427 designation refers to the cubic-inch displacement for the highest-performance engines offered between 1966 and ’69 – and is also the cubic-inch equivalent of the Z06’s 7.0L LS7 small-block V-8.

The 427 Limited Edition Z06 features a Crystal Red Tintcoat exterior, the first Z06 ever offered with a red metallic tintcoat paint. It also features graphics on the hood and fascia that evoke the style of the famed “stinger” hood design and graphics that were offered with 1967 models equipped with the 427 engine. Also unique to this model are “427″ hood badges. Each example is numbered and signed by Wil Cooksey, the Corvette assembly plant manager who is retiring after 15 years on the job, and comes with a certificate of authenticity.

“The heritage of the 427 designation with the Corvette is legendary,” said Harlan Charles, Corvette product manager. “Recognizing the tie-in of the original 427 engine and the LS7’s 427-inch displacement has been on the Corvette team’s mind since the Z06 was introduced, and we’re thrilled to express it in this special model.”

Available under order code Z44, this special Z06 enters production this spring. Only 427 will be offered in the United States and Canada, with 78 more exported outside North America. That’s a total of 505 production vehicles – the same number of horsepower produced by the LS7 engine.

The special-edition Corvette carries a MSRP of $84,195 and includes the 3LZ premium equipment package with a custom, leather-wrapped interior. A navigation system is the only option ($1,750). As with other Corvette models, customer delivery is available at the Corvette Museum, in Bowling Green, Ky.

A breakdown of the 427 Limited Edition Z06’s unique content includes:

  • Crystal Red Tintcoat exterior paint with stinger-style graphics and 427 hood badges
  • Exclusive, new chrome wheels
  • Body-color rear spoiler and door handles
  • Exclusive dark titanium custom leather-wrapped interior
  • Special Crystal Red interior trim plate graphic pattern
  • Console armrest signed and numbered by Wil Cooksey
  • “427″-embroidered seats and floor mats
  • “Z06″ sill plates

The 427 Limited Edition Z06 joins the Indy 500 Pace Car replica – available in coupe and convertible configurations – as the second limited-production Corvette model introduced for 2008, giving enthusiasts and collectors a wealth of choices. In January, Chevrolet also announced the 2009 Corvette ZR1, which enters production later this summer.

“There’s never been a better time to be a Corvette enthusiast,” said Charles. “The performance and refinement are exemplary and special editions, like the 427 model, enrich the heritage of America’s sports car.”


Corvette Z06 details

The Corvette Z06 that is the foundation for the 427 Limited Edition offers carefully executed levels of capability and technology, making it one of the best performance values on the market.

The Z06’s LS7 7.0L engine reintroduced the 427-cubic-inch engine to the Corvette lineup. It uses racing-derived lightweight technology, including titanium connecting rods and intake valves, to help boost horsepower and rpm capability – it is rated at 505 horsepower (377 kW).* The only transmission offered with the Z06 is a six-speed manual.

In the car’s 3,162-pound (1,437 kg) package, the LS7 engine helps deliver 0-60 mph performance of 3.7 seconds in first gear, quarter-mile times of 11.7 seconds at 125 mph and a top speed of 198 mph (as recorded on Germany’s Autobahn) – the Z06 also circuited Germany’s famed N ü rburgring racetrack in a time of 7:43.

The Z06 has a unique aluminum body structure for optimum stiffness and light weight for the fixed-roof body style. Perimeter rails are one-piece hydroformed aluminum members featuring cast suspension nodes, which replace many welded steel components on other Corvette models. Advanced structural composites featuring carbon fiber are bonded to the aluminum structure. Wider front wheelhouses, for example, are carbon composites and the passenger compartment floors combine carbon-fiber skins with an ultra-lightweight balsa wood core.

A firm, race-proven suspension works harmoniously with large 18 x 9.5-inch cast-spun aluminum wheels and 275/35ZR18 tires in the front, and 19 x 12-inch cast-spun aluminum wheels with 325/30ZR19 tires in the rear to achieve lateral acceleration of more than 1 g. Complementing the suspension system and large rolling stock is an equally capable four-wheel disc brake system, consisting of 14-inch (355 mm) vented and cross-drilled front rotors and 13.4-inch (340 mm) vented and cross-drilled rear rotors.

The front rotors are acted upon by large, red-painted six-piston calipers that use six individual brake pads. Individual brake pads are used because they deliver more equalized wear compared to what would otherwise be a pair of very long single-piece pads. For the rear brakes, four-piston calipers with four individual brake pads are used. A Delphi four-channel ABS system is standard, as is a very competent active handling system – complete with a Competitive Driving mode.


History of the Corvette and the 427 engine

The Chevrolet Mark IV V-8 debuted in the Corvette in 1965 and was dubbed the big-block, because it was physically larger in all respects than Chevy’s other V-8 engine, which became known as the small-block. In ’65, the big-block was offered in a 396-cubic-inch displacement, with a maximum rating of 425 gross horsepower (317 kW). In 1966, the big-block received larger cylinder bores and grew to its legendary 427-cubic-inch form. It came in two power levels: 390 hp (291 kW) and 425 hp.

By 1967, the Corvette’s 427 engine was a legend in its own time and was offered with a unique induction system that featured an inline trio of two-barrel carburetors. Known as the “L71″ (its order code), it was characterized by a large, chrome triangular air cleaner assembly. It was rated at 435 gross horsepower (324 kW). The ’67 big-block Corvettes were easily distinguished from their small-block brethren by a raised “stinger” hood.

A handful of Corvettes with the “L88″-code 427 engine slipped out of the factory in 1967, each rated at 430 horsepower (321 kW), but the L88 would be more closely associated with the redesigned 1968 and ’69 models. The L88 breathed through a single four-barrel carburetor rather than the L71’s three two-barrels. The triple-carburetor induction system was still available, however, as the Corvette was offered with both the L88 and L71 versions of the 427.

No less than six versions of the engine were offered in 1969, the final year for the 427. They included the L88, the L71 and a very rare ZL1 427 that was built with a lightweight aluminum cylinder block. Only two regular-production Corvettes were built with the ZL1 engine, putting them on the short list of the most collectible Corvettes in history.

The big-block increased in size to 454 cubic inches in 1970, and the original big-block engine family exited the Corvette lineup after the 1974 model year. The 2008 Corvette Z06’s LS7 engine offers big-block displacement and horsepower, but in a more efficient small-block architecture.


Source:
GM.com

Related:
Limited Edition 427 Corvette Z06 to Debut at Chicago Auto Show

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GM Announces Production Dates for 2008/2009 Corvettes

by Keith Cornett on February 13, 2008

GM has released to dealers the following dates regarding the end of production for 2008 Corvettes as well as the beginning of production for the 2009 model year:

The 2008 model year for Corvette will come to a close on June 20th with the sold order cut-off date set for April 25th. These dates are for all body styles: Coupe, Convertible and Z06. If you’re still looking to place an order for a 2008 Corvette, you better get moving now.

More exciting is the dates for production of the 2009 model year Corvette. For Coupe, Convertible and Z06 Corvettes, the startup date for production is planned for June 23rd. ZR1 Corvette production is expected to start three weeks later on July 14th.

What’s interesting about the 2009 model is how little we know about any changes in the works. We do know about two new colors: Cyber Gray and rumored new “blade” silver. We also have hints that a 2009 wheel will make its debut early on the Z44 “427″ Edition Z06. It could just be that after the mid cycle upgrades presented on the 2008 Corvette, the only changes in store for 2009 are paint and wheels.

The four models will be introduced to the Corvette public at the National Corvette Museum’s C5/C6 Bash in April.


Source:
CorvetteConti.com

Related:
2009 Corvette ZR1 Appearance Scheduled for C5/C6 NCM Bash

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