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A successor to the ZR-1 made its debut in 2001 as the Z06, giving a nod to the high-performance Z06 version of the C2 Corvette of the 1960s. The Z06 uses a tuned version of the standard LS1 engine (designated the LS6), with a higher power output of 385 hp (390 PS; 287 kW), later bumped to 405 hp (411 PS; 302 kW) starting in 2002.
Corvette Of The Day: 2003 Italdesign Moray Corvette
The Moray project, presented for the first time at the Geneva Motor Show on March 4, 2003, embodies the homage that Giorgetto and Fabrizio Giugiaro wish to pay to the fifty-year era of the Chevrolet Corvette, the supreme symbol of the American sports car. Touched by drifting tides with long and slender front lights, bringing immediately to mind the Moray, the English term for the eel-type fish, muraena helena, found in Mediterranean waters.
1998 Corvette Pace Car LS1 Engine
When the C5 Corvette was finally unveiled critics were quick to notice a thundering new powerplant. It carried the LS1 designation, serving as the C5 Corvette’s base engine for the duration of the production run. Ironically, the C5 Corvette would only ever leave the factory with one of two individual engines. This included the aforementioned 5.7L LS1, as well as the all-powerful 5.7L LS6, which powered the C5 Z06.
Another decade – another milestone anniversary edition Corvette. However, the 2003 model year was especially significant as it marked the 50th year of the Corvette’s production at Chevrolet.  To commemorate a half-century of manufacturing, every Corvette built in 2003 was adorned with special “50th Anniversary” badging – a unique “50” badge on each of the front fenders above the bodyside coves, and a special crossed flags badge that included “50 Anniversary” badging.
Corvette LS6 engine closeup
The LS6, which served as the motivating force behind the 2001-2004 Corvette Z06, bested the prior LS1 in virtually every facet of performance and proved formidable, both on the track and street. Perhaps more importantly, this engine provided a glimpse into the LS platform’s future, and its ability to constantly evolve.
The Corvette C5-R was part of a plan by General Motors and their Chevrolet brand to create a factory team to participate in grand touring races not only in North America, but also elsewhere in the world, most notably at the 24 Hours of Le Mans. GM had previously been against approving factory support for Corvette racing programs, although the IMSA GT Championship's Corvette GTPs had seen some support until they ended competition in 1989.