Here is a fair comparison of what the ZL1 should easily achieve with a few tweaks. This gentleman is currently sitting at #14 on the 1/4 mi official fast list. Not shabby!
GM Crate LSA, Supercharger/TVS 1900, Heads/Cam, LT, Exhaust, Converter, 18'' DRs
10.822 @ 127.33 MPH