Just out of the blue Chevrolet unveiled an all-new Camaro Z/28 based on the 2014 model at the New York Auto Show. Dubbed the most track-capable Camaro ever, the Z/28 is powered by the 7.0 liter LS7 V8 from the old Corvette Z06, and it could very well make the Camaro ZL1 obsolete.

Performance figures are yet to be confirmed, but according to Chevy, that LS7 – which is further tuned using high performance parts such as K&N filters, titanium intakes, dual mode exhaust system with sodium-filled valves, and dry-sump oiling system – is good for at least 500 horsepower (373 kW) and 470 lb-ft of torque (637 Nm).

The power is channeled to the rear wheels via a close-ratio Tremec TR6060 manual transmission and a limited-slip differential featuring a helical gear set. Sounds like a helluva recipe.

The car is also lighter and stiffer than both the SS and the ZL1, with race-proven, spool-valve damper and special 19-inch wheels wrapped in massive 305/30ZR19 Pirelli PZero Trofeo R tire. The brakes are carbon ceramic made by Brembo. The combination of tire grip and braking power enable the Camaro Z/28 to achieve up to 1.5 g in deceleration.

Camaro Z/28 is a strictly track-focused model, which is why they reckon it is not going to mess with the ZL1’s market. The interior is semi-striped, and the exterior has a lot of boy racer aero parts like a splitter and a large rear spoiler; even the air con is optional.