Corvette ZR1 their fastest yet

Despite rocketing fuel prices, there always seems to be a market for muscle cars.

Holden and HSV last year sold a record number of V8s and 1970s muscle cars continue to sell for record prices.

And GM Holden — which this year is reintroducing another of its American brands, the Cadillac — is doing nothing to hose down rampant industry rumours that it is going to import the fastest Corvette yet.

They keep sending details of the ZR1, yet claim we should “not read anything into it”.

Yeah, right.

The latest details on the new 'Vette American muscle car show just how fast the car goes.

It accelerates from rest to 100km/h in 3.4 seconds, which is 0.3 seconds faster than the previous Z06 model and the Ferrari 599 GTB Fiorano which was released here recently at $595,600.

The ZR1 also has recorded a quarter-mile elapsed time of 11.3 seconds at 210km/h and has a top speed of 330km/h, making it the fastest Corvette produced.

It's not only faster than some half-million-dollar supercars but also more economical.

According to fueleconomy.gov, the ZR1's official economy ratings of 16.8 litres per 100km on the city cycle and 11.7 litres per 100km on the highway beat 2008 competitors such as the Ferrari 599 GTB Fiorano (21.3 city/15.6 highway); the Lamborghini Murcielago (29.4 city/18 highway) and the Aston Martin V8 Vantage (19.6 city/12.3 highway).

They're competitive with the Dodge Viper (18 city/10.6 highway) and the Porsche 911 GT3 (15.6 city/10.6 highway).

Under the carbon-fibre bonnet is the new LS9 6.2-litre supercharged small-block engine.

It belts out 476kW of power and 819Nm of torque, making it the most powerful automotive production engine manufactured by General Motors.

The ZR1 also features a six-speed manual transmission with race-hardened gears and dual-disc clutch technology that delivers exceptional clamping power and lower inertia, as well as strengthened axle components.

Fuel economy testing has not been completed, but engineers are confident the ZR1 will be the most fuel-efficient 600-plus-horsepower car on the market.

The LS9 engine is hand-built by technicians at GM's Performance Build Centre in Wixom, Michigan, a small-volume engine production facility that also builds the Corvette Z06's LS7 engine and other high-performance GM production engines.

The LS9 also features the industry's first production application of a new, positive-displacement Roots-type supercharger with a four-lobe rotor design, promoting quieter and more efficient performance.

The large 2.3-litre displacement provides adequate air volume at high rpm. Maximum boost pressure is .72 bar (10.2psi).

It is teamed with an integrated charge cooling system that reduces inlet air temperature for maximum performance.

A raised bonnet provides adequate clearance for the LS9, while a polycarbonate window in the bonnet provides a view of the engine beneath it.

If Holden doesn't import the ZR1, Queensland company Performax International could bring in left-hand-drive models and convert them to right-hand-drive.

The Gympie company, formerly Corvette Queensland, already converts Corvettes to right-hand-drive, along with the Hummer H2 and several American pick-ups.

General manager Nick Vandenberg says they would be keen to import the Corvette.