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The first Z06 was actually an option package first offered with the 1963 Corvette. The package was developed by Corvette's legendary lead engineer and racing advocate Z0ra Arkus-Duntov.  The Z06 option was designed to allow consumers to bolster the 1963 "Split-Window" Corvettes performance and handling capabilities for use on the race track. Selecting regular production option (RPO) Z06 when ordering a Corvette resulted in a car equipped with some tasty options.
For only the second time in Chevrolet history, a Corvette is now available in a Drivers Series special edition. Actually, there’s four, all Grand Sports designed in collaboration with Corvette Racing team drivers Milner, Gavin, Magnussen and Garcia. The idea came from Chevrolet exterior design manager Kirk Bennion, a racing fan who was also at the Rolex 24, according to Corvette Marketing Manager Todd Christensen. Four Drivers Series special editions is definitely more fun than one.
Priced at an additional $3250  for the coupe or an additional $2880 for the convertible, the Grand Sport package included exclusive Admiral Blue paint and featured a single white stripe that ran the length of the body as well as two red accent stripes (also known as “Sebring Stripes”) on the driver side front fender.  This unique paint scheme was deliberately developed by GM to pay homage to the classic Corvette Grand Sport Racer of the 1960’s.
There were only 20 Z06s produced with the Competition Sport package for worldwide purchase. This Z06 is powered by a 7.0-liter LS7 V8 engine producing 505hp and 424 ft/lbs torque, paired to the 6-speed manual transmission. The LS7 engine can propel this Z06 from 0-60 mph in 3.6 seconds. This Z06 CSR features leather interior, articulated sport seats, premium audio system, CD player and heads-up display.