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Chevrolet's introduction of the LT1 in 1992 as the base engine in the Corvette phased out the L98 based Callaway Twin Turbo. Previously, Callaway Corvettes made their increased power through positive manifold pressure; now they made it through increased displacement and finesse. Initially called the CL1 or CR1, they designated the chassis they were built upon. They were based on the pushrod LT1 cars (CL1) or the 32 valve DOHC LT5 ZR-1 cars (CR1).
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. 
1984 L83 350CI V8 Engine
The C4 Corvette debuted to a frenzy of publicity and would ultimately enjoy a lengthy run, spanning 13 years of production. During this period, GM installed a number of memorable powerplants. Many of these engines proved to be quite innovative in design, even when saddled with newly-mandated emissions equipment of the era. The following is a comprehensive guide to powerplants of the C4 era.
This car was created by Doug Rippie. His claim to fame was the Corvette Challenge Series. Rippie loved racing Corvettes in the US, but, his life-long dream was to take on the world-class marques at Le Mans. So, when Chevy introduced the C4 ZR1 the opportunity was opened up. Via his collaboration with MerCruiser and Lotus Engineering, all with Chevy’s blessing, the "Black Widow" program created special street and race versions of the LT5 engine. This engine made 525hp.