NEWS: Twin-Turbo 1963 Chevrolet Corvette for Auction at Barrett-Jackson

March 19, 2012
1963 Chevrolet Corvette V7 Profile
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Rumors have abounded for decades that the Chevrolet Corvette would become a mid-engine sports car. While those rumblings haven't proved true for a production car, this custom car, called the Corvette V7, does indeed have its engine mounted in the middle. The modified car, which will hit the auction block next month, blends a modern-day powertrain with the classic looks of the 1962 C2-generation car.
The Corvette V7 was built in 2007 by Florida-based American Supercars Inc., and won a General Motors Design Award. The iconic split-window design of C2-generation Corvette body was modified to accommodate a twin-turbocharged 5.7-liter LS1 V-8, which produces 1000 hp and 918 lb-ft of torque. Because the cabin was moved forward, the engine can be viewed through the Corvette's rear windows. The builders say the Corvette V7 will hit 60 mph in three seconds.
In addition to the new powertrain, the Corvette V7 adopts Penske Racing adjustable suspension components and Baer brakes with six-piston front calipers. The interior has bucket seats with race harnesses, a full roll cage, a full complement of Autometer performance gauges, and air conditioning. There is no radio because "the [sound of the] twin turbos spooling up is all you need."
The Corvette V7 goes up for auction in Palm Beach, Florida, starting April 5. It is listed without a reserve price. The car previously sold for $170,500 at another Barrett-Jackson in Scottsdale, Arizona, in January 2011.
Source: Barrett-Jackson Auction Company
1963 Chevrolet Corvette V7 Rear Three Quarter

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