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A Corvette in name only, the Corvette GTP (Grand Touring Prototype) was one of the fastest and most exotic race cars ever to wear a red Bowtie. Based on an English Lola T600 chassis and powered by an all-American turbocharged Chevy V6, the mid-engined racer was a rocketship. At full boost, the Corvette GTP's 3.4-liter (209ci) V6 pumped out more than 1,000 horsepower.
1986 Corvette Owners Manual
This Owners Guide contains important information regarding the operation and maintenance of your 1986 Corvette. In order to obtain maximum enjoyment and usage from your car, we suggest that you familiarize yourself with the contents...
When Dick Guldstrand introduced the GS80 series in 1986, the car was targeted specifically at Pro-Solo and autocross enthusiasts. He knew all about the needs of these groups, as he was a longtime provider of performance upgrades for the C3 and a direct supporter of a small team of racers from the Western Council of Corvette Clubs. Up to this point, Dick had basically been a tuner. With the intro of the GS80 he was venturing into the realm of small-volume manufacturing.
The early C4's had their problems, what with the 1984 Cross-Fire Injection and its unusual 4+3 manual transmission. By the late 1980's, the fourth-generation Corvette had evolved into a more desirable automobile, thanks in part to the arrival of the ZR-1. 
The big news for 1986 was that a Corvette would pace the Indy 500 for the second time. Retired General Chuck Yeager was enjoying celebrity status as a result of the book and movie, “The Right Stuff.” But Chevrolet was still smarting from the heavy criticism over the ‘78 Corvette Pace Car debacle and decided that all 1986 Corvette convertibles were designated as “Pace Car Replica”.