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Ok let's simply speculate.
GM had a 1LE "track car" that made some people quite happy.
GM had a ZL1 "All purpose car" that made another group of people really happy.
So lets say you are sitting around and you reeeeaaaaaally have a passion for the Z/28 name plate. And someone comes up and says, "gee Mr. R, we already have both of these other cars and they are equally awesome in their own right. All the tweaking we can do on the chassis and no engine change would simply PUTTING THE BADGE ON A CAR. Is that what you want?"
"Heck NO!!!!"
"Hmmmmmm, how many LS7s can we manage to get? Only a few thousand you say? Does that make the car worthy of this historic badge?"
"Not yet Mr. R. With MR shocks, great tires and the LSA that we tweaked the heck out of for the ZL1 you would still have a car less capable around the track."
"So with all this light weighting we've done on the Corvette over the years and that white Camaro SSX we built for SEMA aren't there things we can do to lighten that car? I mean we already know how to do this stuff, we simply have to choose to do it right? I mean, don't we read our own press releases? Didn't our engineers write a whole bunch of SAE papers on how to light weight a car? Am I the only one that remember what we've done that last 10 years to get weight out of our cars?"
"Yes, Mr. R, we can do all those things we've done to Corvettes, the Camaro SSX and even the Cruze Eco. We can do all those things. But now you've gone almost all the way."
"What do you mean?".
"The last piece in our arsenal is the brakes. That is what makes a track car and we know this from also from the Corvette."
"How much would that add?"
"It's about $5,000 on the Z06, but it is THE difference maker. It would be the statement maker, Mr. R. It alone will make teh Z/28 faster on the track than the ZL1"
"Hmmmmm, how would we have to price a car with all of this on it?"
"It would have to be high. It will also be rare due to the LS7, and if we make it so spartan only the TRUE DIE HARDS will want one anyway. There will be few posers that will want a car like this just to drive to work. So the price will simply be in line with the volume."
"But, Mr. R, it will be as fast as we can make this car go around the track................unless you let us eliminate OnStar too. Now THAT would make a statement"
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"Speed, it seems to me, provides the one genuinely modern pleasure." - Aldous Huxley
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