America has a SuperCar, or at least this is what Chevrolet general manager Ed Peper is saying (thinking) after showing to the public the new Corvette ZR1 at the Detroit Auto Show.

Corvette is deep inside he blood of every American that needs speed and looks, but the we ZR1 is really business.

It comes with a supercharged 6.2-liter V8 engine that sports 620 hp and a 823 NM (595 lb/ft) torque, being able to hit the 200mph speed, while the speedometer has a 220 mph on it.

Corvette’s ZR1 basic stats include a manual six-speed gearbox (race hardened), a high capacity dual-disc clutch or larger brake calipers.

The design is great, with a raised carbon-fiber hood and carbon fiber panels prominent inside on the fenders, the roof and front splitter. Consider 19-inch or 20-inch chrome wheels and a dark color for the American SuperCar and it’s looking furious.

via WordCarFans

The Impala isn’t the only RWD car stuck in limbo while GM waits for the fog of new CAFE standards to lift: Motor Trend reports that now the C7 Corvette program has been put on hold, as well.

We reported yesterday that the next generation C7 Corvette will bow out of the horsepower brinkmanship game and instead shed weight, engine displacement and ponies.

The interim issue is that GM doesn’t know what its EPA gas mileage targets are during the run-up to the 35 mpg fleet average in 2020, and those won’t be sorted out until 2009. Read more »

Chevrolet and Barrett-Jackson has auctioned off the world’s first 2009 Corvette ZR1. I knew demand was high for the Chevy’s new super Corvette. However, I didn’t expect the bidding to reach $1 million !

Dave Ressler, the man who owns the world’s oldest surviving Corvette, 1953’s #003, is the proud new owner of ZR1 #001.

Now you might ask what kind of person pays a million bucks of a car that will retail for $100,000 to $120,000 when it hit dealerships later this year ? Read more »

The Corvette is no stranger to being used for pace car duty, having led racers around tracks like Indy countless times over the years.

Come February, NASCAR will be staging its flagship Daytona 500 race for the fiftieth time, and the two-seater from Bowling Green will be making regular trips out the track to create the appearance of competition whenever an empty beer cup or stray hot dog wrapper lands on the racing surface.

In honor of the anniversary status of next years race, the Z06 pace car will blind onlookers with a special, super-blingtastic gold paint job. Read more »