The new Z06 is based on the current Corvette model which, unlike past Corvettes, has its engine behind the seats instead of up front under the hood. The reason for making that radical design change, GM engineers have said, was so that the car could better handle higher power output. For one thing, moving the engine behind the driver puts more weight on the back tires allowing for better traction, especially when accelerating.
The Z06's large wing provides downward air pressure on its back tires.
The new Z06 is 3.6 inches wider than the Stingray to allow for its wider tires. The extra width also allows for more air to flow through its large side air vents. The car's front end was also designed to allow for more to flow in there for cooling. A large rear wing also provides more downforce at high speeds to press the rear tires down onto the pavement.
Like the Corvette Stingray, the Z06 will not be available with a manual transmission. Instead, it will be available only with fast-shifting eight-speed automatic transmission. There will be both hard-top and a convertible version with folding hard roof.
The same day GM announced the Z06 it also announced a program, to begin next year, to work with its dealers in the United States to install 40,000 electric vehicle chargers in across the country. This is part of a previously announced $750 million GM commitment to expand electric vehicle charging. GM has said it plans to sell only electrically powered vehicles, including both battery and hydrogen fuel cell vehicles, by 2035.
The first Corvette Z06 came out in 1963 as a special option package intended for racing. It had a 360 horsepower engine. At the time, the option wasn't advertised and only 199 were made. The Z06 package wasn't offered again until 2001. Today, an original 1963 Corvette Z06 in excellent condition can be worth over $450,000, according to Hagerty, a company that tracks collector car prices.