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1958 Corvette XP700
In 1955, after just two years in production, the Corvette faced potential retirement due to poor sales and lackluster performance. Critics cited its unimpressive 6-cylinder “Blue Flame” engine as a major drawback. However, the introduction of a 265 cubic-inch V8 offered hope for improvement. Future Chief Engineer Zora Arkus-Duntov recognized the need for the Corvette to prove itself on the racetrack.
With Ed Cole’s help, Duntov enhanced the C1 Corvette, achieving a breakthrough at Daytona Beach. A modified 240 HP Corvette, driven by Duntov, set speed records over 150 MPH. This success was repeated a few months later when Duntov-prepared Corvettes excelled at Daytona, taking first and second place in the Production Sports Car class and setting a top-speed record in the Modified class.
This momentum led to preparing three Corvettes for the 12 Hours of Sebring, where they performed admirably, with one finishing first
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