Chevrolet constructed the Indy Concept in 1985 and showed it at the 1986 Detroit Auto Show. The inoperative show car was powered by a mid-engined twin-turbo 2.6 liter V8 engine designed by Lotus Engineering. Two additional fully road worthy prototypes followed. The Corvette Indy concept was created to showcase Chevrolet's advanced automotive technology and featured 4-wheel drive, 4-wheel steering, rear view camera with in-dash view screen and drive by wire system. The concept was expected to reach a top speed of 180 mph.
Two versions of this Indy Concept Car exist including this fully functional model and a fiberglass full-size model. Power is from a 5.7-liter 32-valve dual overhead cam V8 placed midship. This example has 4-wheel drive, 4-wheel steering, electronic/hydraulic active suspension, anti-lock brakes, computer traction control, electronic accelerator control, and CRT displays.
The world got a first glimpse at what was to come in 1986 when the Corvette Indy Concept was launched. At the time it was considered to serve principally as a showcase for the newly developed Ilmor/ Chevrolet Indy racing engine. In fact it was the first result of a partnership between Chevrolet engineers and the British F1 team and sportscar manufacturer Lotus. Even though the mid-engine Indy Concept shown to the public was nothing more than a full scale mock-up, work was under way to build the first fully functioning car back in England.
The mid-engine Indy Corvette was created to examine and develop advanced technology for systems and components for systems and components for future Chevrolet vehicles.