C5 CORVETTE - 1997

The 1997 Corvette

The first all-new Corvette in thirteen years: hydroformed frame rails, a balsa-cored floor, a rear transaxle, the 345-hp all-aluminum LS1 and run-flat tires. Unveiled in Detroit on January 6, 1997 at $37,495. Coupe only, and a short model year: 9,752 built, every one a target coupe, before the convertible and the awards arrived for 1998.

1997 Corvette
The 1997 C5 CorvetteThe 1997 C5 Corvette was an almost entirely new design. Critics praised it as the most sophisticated and well thought-out Corvette to date.
The 1997 Corvette Rear Fascia. Note the horizontal slots below the brake lights which aid in venting the exhaust system
1997 C5 Corvette InteriorThe re-designed 1997 C5 Corvette Interior.
"Exploded" view of the 1997 C5 Corvette's LS1 Small Block V-8 Engine. (Image courtesy of GM Media.)
The 1997 Corvette Side RailsThe 1997 Corvette Side Rails were created of seamless one-piece steel that was hydro-formed into shape, making it considerably stronger than a frame constructed of individually welded pieces. (Image courtesy of GM Media.)

Three option counts on the 1997 production chart add up to 9,752 (automatics plus six-speeds, base plus Z51 suspension, manual plus dual-zone air), but the roof panels add up to 9,707: 2,078 body-color panels, 7,213 blue-tinted glass panels and 416 dual-roof packages, exactly the length of the VIN sequence, 100001 to 109707. The 45 missing cars are the pilot and prototype builds Chevrolet counted in the production total but never gave production sequence numbers. Nine buyers took delivery of their new C5 at the National Corvette Museum under RPO R8C.

DID YOU KNOW

Special & Limited Edition Models

The Callaway C12 has its own section below. Also here: the Callaway C7R GT1 that led its class at the 1997 Daytona 24 Hours, and the C5-based concepts and specials of the first year.

1997 Callaway C12 Corvette Silver
Built with Germany's IVM to homologate a Le Mans GT2 racer, the C12 kept only the C5's door cuts and glass. Twenty were made at about $200,000 each, and the C12.R took pole at Le Mans in 2001.

1997 Callaway C12 and C7R

Reeves Callaway answered the C5 within months. The C12, shown at Geneva in 1997 and designed by Paul Deutschman with IVM Automotive in Germany, rebuilt the C5 as a 1,998-mm-wide GT2 homologation car: carbon-fiber and Kevlar bodywork sharing only the door cuts and glass with the Corvette, a track five inches wider on fabricated stainless arms, 14-inch metal-matrix rotors, 295/30ZR19 Pirellis and a 440-hp SuperNatural LS1 (482 hp from the later 6.2-liter LS6 cars). About twenty were built through 2001 at roughly $200,000 apiece, in coupe, hardtop and cabriolet form in Europe, and a C12.R took pole at Le Mans in 2001. The same year Callaway’s C7R GT1, a 640-hp monocoque racer, led its class at the Daytona 24 Hours before rule changes sidelined it.

MORE: THE CALLAWAY C12 STORY

Built by Wheel-to-Wheel for GM Special Vehicles, the Tiger Yellow concept packed a 742-horsepower supercharged 427 and a hood vent that later appeared on the C7. Why the body kit flopped.
Not a Corvette at all: the Callaway C7 was a carbon-chassis, 650 hp purpose-built racer that led the 1997 Rolex 24 at Daytona at the halfway point before an electrical failure. Only two exist.
1997 Callaway C12 Corvette Silver
Built with Germany's IVM to homologate a Le Mans GT2 racer, the C12 kept only the C5's door cuts and glass. Twenty were made at about $200,000 each, and the C12.R took pole at Le Mans in 2001.

Pictures, Videos, Wallpapers & Galleries

Seven colors: Torch Red (3,026), Black (2,393), Sebring Silver Metallic (2,164), Arctic White (1,341), Light Carmine Red Metallic (381), Nassau Blue Metallic (292) and Fairway Green Metallic (155); interiors in Black (6,481), Light Gray (2,543) and Firethorn Red (728) leather, the red not offered with Light Carmine Red paint. Coupes only, with a body-color or blue-tinted glass roof panel.

FAQs

How many 1997 Corvettes were built?

Chevrolet built 9,752 Corvettes for 1997 at Bowling Green, Kentucky, all hatchback coupes, the lowest total since 1959, because the all-new C5 went on sale late in the model year and the convertible did not arrive until 1998. The VIN sequence runs only to 109707 (9,707 numbers); the official total includes the pilot and prototype cars. 6,943 had the automatic and 2,809 the six-speed; 7,213 took the blue-tinted glass roof, 416 both roofs, 3,094 Selective Real Time Damping, 1,077 the Z51 package, 6,711 sport seats, 6,282 the CD player and 4,496 the 12-disc changer. 797 were built for export, nine were delivered at the National Corvette Museum.

How much is a 1997 Corvette worth today?

In the twelve months to October 2026, Classic.com tracked 1997 Corvettes selling from $8,100 (141,000 miles) to $30,500 (a 1,000-mile six-speed at GAA), with most clean automatics between $14,300 and $18,900 and low-mileage six-speeds at $23,000 to $23,500. Dealers asked $19,000 to $28,600, and up to $26,390 for a 6,000-mile car. The six-speed, mileage and documentation set the price; the 1997-only details do not add to it, which makes a sorted 1997 the cheapest way into a C5.

What engine did the 1997 Corvette have?

The all-new LS1, the first of GM’s Generation III small-blocks: 346 cubic inches (5.7 liters) from a 3.90 x 3.62-inch bore and stroke, a deep-skirt all-aluminum block with cast-in liners and six-bolt mains, aluminum heads, a composite intake, coil-near-plug ignition, sequential injection and electronic throttle control, at 10.1:1 compression on premium fuel. It made 345 hp at 5,600 rpm and 350 lb-ft at 4,400 with a 6,000-rpm redline, weighed 44 pounds less than the LT4 it replaced and was built in Romulus, Michigan. It drove a rear-mounted 4L60-E automatic or Borg-Warner T56 six-speed through an aluminum torque tube.

What colors did the 1997 Corvette come in?

Seven: Torch Red (3,026 cars, 31 percent), Black (2,393), Sebring Silver Metallic (2,164), Arctic White (1,341), Light Carmine Red Metallic (381), Nassau Blue Metallic (292) and Fairway Green Metallic (155). Interiors were leather in Black (6,481), Light Gray (2,543) or Firethorn Red (728); the red interior was not offered with Light Carmine Red paint. Roof panels were body color or, on 7,213 cars, blue-tinted glass.

How much did the 1997 Corvette cost when new?

$37,495 for the coupe, $38,060 delivered with the $565 destination charge, $270 more than a 1996 coupe with more than $1,200 of newly standard equipment. Real Time Damping added $1,695, the six-speed $815, the dual-roof package $950, the glass roof $650, sport seats $625, the CD changer $600, dual-zone air $365, the Z51 package $350, the power passenger seat $305 and the Memory Package $150; emissions packages were $170. A loaded automatic came to about $42,300 before destination.

What was new on the 1997 Corvette?

Everything. The C5 was the first clean-sheet Corvette since 1963: a perimeter frame of hydroformed one-piece steel side rails with a central backbone tunnel, an aluminum cockpit cage and a balsa-cored composite floor, 4.5 times stiffer than the C4; a rear-mounted transaxle fed by a torque tube for a 51/49 weight split; the all-aluminum 345-hp LS1 with electronic throttle control; double-wishbone suspension at both ends on composite transverse springs; 17- and 18-inch wheels on Goodyear Eagle F1 GS run-flat tires with no spare; a wheelbase 8.3 inches longer and a cargo hold of 25 cubic feet; sheet-molded-composite bodywork at 0.29 Cd; and a twin-cove cockpit with analog gauges, a Driver Information Center and 3.7 inches less step-in height. It was unveiled at Detroit on January 6, 1997 and named 1998 North American Car of the Year.

Was there a 1997 Corvette convertible or Z06?

No. The 1997 Corvette was sold only as the hatchback coupe with a lift-off roof panel. The convertible returned for 1998 (with the Indianapolis 500 Pace Car edition), the fixed-roof hardtop arrived for 1999, and the Z06 built on the hardtop came for 2001. The only 1997 cars outside the coupe were conversions: Callaway’s C12, shown at Geneva in 1997 and built on C5 chassis through 2001, and the C7R GT1 racer.