Apr 24, 2015, 10:25am ET

Chevrolet introduces 2016 Corvette Z06 C7.R Edition

New street model honors Corvette Racing.

Chevrolet has revealed a new special edition Corvette Z06 to commemorate Corvette Racing and the C7.R race car.

The 2016 Corvette Z06 C7.R Edition is an exclusive, track-ready street car based on the standard 2016 Corvette Z06 coupe and convertible. Available in just two colors (Corvette Racing Yellow or Black) the C7.R Edition is essentially a bundle of cosmetic and suspension upgrades. There are no engine upgrades to be found here, which stands to reason, as the C7.R race car's engine is smaller than the Z06's and lacks its supercharger.

"Corvette Racing's legacy and technology were significant influences on the development of the Corvette Z06 and the new C7.R Edition honors the direct link between the racecar and the production model," said Harlan Charles, Corvette product and marketing manager, in the announcement. "It also advances Chevrolet's plan to offer special-edition models that offer a unique, personal ownership experiences, which become important parts of Corvette's legacy."

In addition to all options found on a 3LZ-trim Corvette Z06, the C7.R gets the Z07 performance package standard, which includes Brembo carbon-ceramic brakes and track-ready Michelin Pilot Sport Cup 2 tires.

Outside, you'll find a unique, C7.R Edition graphics package; yellow brake calipers; black wheels with a yellow accent stripe and "Corvette Racing" center caps; an unpainted carbon fiber ground effects package; grilles and body vents finished in grey; and an unpainted carbon fiber hood insert.

The C7.R Edition interior is finished in Jet Black leather with a sueded microfiber steering wheel, shifter, dash accents and competition seat inserts. Yellow contrast stitching is found throughout, along with carbon fiber trim inserts. A plaque identifies the car as one of 500 authentic C7.R editions produced, starting with VIN #700001.

The C7.R will be available later this year. Pricing was not announced, however it should be north of $90,000 given the included equipment.