The Chevrolet Corvette is one powerful model but the fact is that it is not even close to being a real Ford Mustang GT500 rival but that does not mean that Ford can start ignoring them because Chevrolet might be working on something.
No official announcement was made yet but new reports are suggesting that Chevrolet could be working on a new Chevrolet Corvette ZR1 model. While the current model only delivers about 650hp, it is estimated that the new ZR1 model could be offering about 700hp when it arrives.
As amazing as that sound, Chevrolet will still have to offer more than that if they plan to take on the Ford Mustang GT500 model. The 700hp engine is nowhere near the 800hp engine that the 2018 Ford Mustang GT500 could be coming in with. In fact, they might even have a problem trying to take on the Dodge Challenger SRT Hellcat model which delivers about 707hp with its hellcat engine.