The first 199 Z06 Corvettes were made for the 1963 model year, and are some of the most collectible Corvettes ever made. In a salute to the past, Chevy unveiled a new Z06 Corvette for the 2001 model year. The 2001 Z06 was the first mass-produced car to incorporate a titanium exhaust system (Corvette Black Book), and unleashed its 385 hp LS6 through a revised 6-speed manual transmission.
The Z06 started life as the hardtop from previous years, and like that hardtop, was limited to only five color options (most were black). To further set the Z06 apart, it received a unique wheel design, black, or black/red leather interior, and Goodyear Eagle F1 Supercar tires. To accommodate the more powerful LS6, GM increased the maximum readout on the analog tachometer, and applied special backgrounds to the Z06 instrument panel.
Chevy sold 5,773 Z06 Corvettes in 2001. The MSRP on the Z06 was $47,500, or $500 more than the standard Corvette convertible. The coupe, which became the cheapest Corvette model, sold 15,681 models at the MSRP of $40,475. Total production for the 2001 model year was 35,627 Corvettes. Torch Red was the most popular color, but it was closely trailed by black.