The ’70s were a rough time for the performance automotive market. New emission requirements choked performance and the move from gross horsepower ratings to net didn’t help matters much. Even Chevrolet’s Corvette couldn’t escape the grasp of emission equipment. In 1970, the LT-1 option was introduced to help give the small block Vette a little bit of its performance back. This 1972 Corvette LT-1 has been parked in the seller’s garage for the past 35 years. They have decided to let the car go to a new home. It is currently located in Louisville, Kentucky and has been listed here on eBay.
The LT-1 option not only boosted horsepower, but also improved the durability of the 350 cui V8. The LT-1 only produced 270 hp in ’72 and 280 lbs. of torque. To make sure it could pull all the way to its 6,500 rpm redline, they installed a forged crankshaft, high performance camshaft, and solid lifters. To keep it breathing a bit easier with the emission equipment, they installed an aluminum intake manifold and a two and a half inch exhaust. When the first owner bought it, they had the dealer upgrade the car with a Muncie M22 four speed transmission. There are also some other changes that have been made to the engine, including different exhaust manifolds and slant plug heads.
The interior looks to be original, but is in need of a good cleaning. It looks like someone has pulled the driver’s side door panel off, so it’s hard to tell what else has been pulled apart. The owner had it repainted in its current color in ’75, but it originally was painted Mille Miglia Red. There were only 1,336 LT-1s built in ’72 and they are sought after today, but the seller’s starting bid of $18,750 seems high given its condition. What do you think this LT-1 is realistically worth in its current condition?