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Chevrolet's 6.2L Gen V LT4 Engine
The LT4 engine has always been synonymous with high-performance. Introduced by General Motors in 1996, the LT4 was specifically designed as a more powerful variant to the next-generation LT1 engine previously introduced by GM in 1992. The LT4 small-block is a modern marvel, packing 600+ horsepower into a compact and affordable package.
The actual Corvette Pace Car that served at the 79th running of the Indianapolis 500 was a near-stock LT1 Corvette Convertible, except for the mandatory safety features that were required by the Indianapolis Motor Speedway.  The Official Pace Car cam equipped with strobe lights, a special roll-bar, five-point safety harnesses for the driver and passenger and an on-board fire suppression system. Chevrolet built just three of the actual pace cars.
1978 was significant because it marked the cars 25th anniversary of production. Recognizing the achievement of manufacturing a car for a quarter-century, Chevrolet commemorated this accomplishment by introducing two special-edition Corvette that year.  The first of these was known as the "Silver Anniversary" edition Corvette.  It featured a two-tone silver over gray exterior with special pin-striping and special "25th Anniversary" badging.
2017 corvette c7 z06
You can find a newer, low-mileage, Corvette at a price point that is reasonable when looking at a C7 vs the competition. You'll pay more than you would for a Mustang, Challenger or Camaro, but you'll get a lot more car for the money too.