Chevrolet has announced the 2014 Camaro Z/28 will be priced from $75,000 - including a $995 destination charge - in the United States.

Designed to be the ultimate track car, the Camaro Z/28 is distinguished by an aerodynamic body kit, a four-tailpipe exhaust system and 19-inch forged aluminum wheels and Pirelli PZero Trofeo R tires.

Inside, there's a flat-bottomed steering wheel, Octane matte trim and leather Recaro sport seats with microfiber inserts.

The Z/28 has also been equipped with a limited-slip differential, Brembo Carbon Ceramic Matrix brake rotors and a Performance Traction Management system that allows drivers to adjust the level of throttle and braking intervention. There's also a sport-tuned suspension with stiffer springs, up rated bushings and four-way adjustable spool-valve dampers.

To reduce weight, engineers removed sound deadening material, the tire inflation kit and the air conditioning system (which can be added as an option). They also used a smaller battery, a lighter rear seat and a thinner rear window.

Power is provided by a 7.0-liter V8 engine that develops 505 bhp (376 kW) and 481 lb-ft (652 Nm) of torque. It is connected exclusively to a six-speed manual transmission.

The Camaro Z/28 will go up for order later this month and the first cars are slated to be delivered this spring.