Corvettes on eBay: 1970 LS7 Corvette Racer

Jun 15, 2015

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Corvettes on eBay: 1970 LS7 Corvette Racer

A heavily modified 1970 LS-7 Corvette former race car with a strong pedigree is being auctioned off on eBay.

The car can trace its racing roots back to the late 1970s when an Arizona specialty shop favored by the legendary Dick Guldstrand built it for competition on the track.

After being transformed by this shop, the car picked up numerous wins in the 1980s and early ’90s in SCCA and NHRA events.

Guldstrand was so impressed by the work of the shop that he named it his one and only Guldstrand Authorized Distributor and Installer, referring to it as Guldstrand East.

This particular Corvette started out as a 454 LS-5, four-speed coupe with heavy duty suspension and power brakes, but that was just the foundation. Guldstrand himself oversaw the massive transformation to making it a strong competitor on the track.

The work began with the removal of the body from the chassis, with a Guldstrand Sport Suspension and roll cage added, along with beefing up the factory H.D. frame.

The 454 was replaced with a 1970 era LS-7 engine that was blueprinted and balanced with factory internals, except for the addition of a Pete Jackson Gear Drive, ARP Fasteners, Crane Roller Rocker Arms, dual-plane intake manifold, and a Holley 1150 CFM carburetor.

“Every inch of this Corvette has been engineered and modified to ensure that this powerful yet reliable race car is ready for action,” the seller says.

Of course, a lot of time has passed since the 1990s, so the car has been made race ready again after the installation of some new parts, including a clutch, flywheel, scattershield, and Hoosier tires, along with a carburetor rebuild and complete fluid change.

The car has a recently rebuilt Muncie M22 “Rock Crusher” transmission, lightweight one-piece fiberglass front end, L88 fender flares, extensively modified factory drivetrain for increased durability and performance, remote engine oil cooler, stainless steel factory Delco brake calipers, Single Stage PPG Deltron paint, and electric fuel pump, cooling fan, and water pump.