INDIAN RIVER CORVETTE CLUB
NEWSLETTER

President
 • Rob Callery  • Vice-President • Bill Ulisky  •  Secretary • Betty Brousseau •  Treasurer • Ro Bryant

October 2005

NOVEMBER BIRTHDAYS

1st - Vi Smith,  2nd - Dick Kesler,  7th - Steve Pfiester,
11th - Brad Shearer,  13th - Bonnie Steene,  19th - Connie Baudo,
28th - Frank Baudo,  29th - Harry Butler,  29th - Mary Derby

HAPPY BIRTHDAY TO YOU ALL!

On Friday October 14, 2005 the Indian River Corvette Club held its 67 meeting.  Since Rob had another commitment,  Richard Kesler conducted the meeting.  New members included the Martins, and Dick Canter. Greg Williams talked about Service Chevrolet.  A slate of officers was presented by Bill Ulisky.  They are:  President Richard Kesler- -Vice-President Harry Butler-- Officer At Large Rob Callery--Secretary Mary Derby--Treasurer Ro Bryant--Activities Bonnie Pfiester and Cathie Callery.  We will vote on officers at the November meeting.  Some By-Law changes were passed.  Terry Smith won the 50/50.

The October dinner run was postponed a week because of Hurricane Wilma. This was the last dinner run for 2005.  Rob and Cathie organized the ride to THE SHACK on November 1st.  It was raining when 20 of us gathered but everyone was determined to get past all the bad weather and have a nice drive and dinner.  The food was great and we got a chance to celebrate Tom Quina's birthday with cards and cake.  Rob had special treats for all who attended and we enjoyed the Halloween decorations at the restaurant.  Don't forget to brush!  It was a nice evening. THANKS ROB & CATHIE!

Several couples made plans to attend the show at Ocala/Silver Springs this weekend.  See you all there.

SILVER SPRINGS SHOW ON NOV 5 2005 

Several Couples are attending this show....... Make plans now to join us.............. too late to preregister..........we are staying at the Holiday Inn...............Walk to the show.........

Registration Form on Indian River Corvette Club website http://www.ircorvettes.com/Events/SilverSprings/silversprings.pdf

PHOTOS FROM CLUB EVENTS ARE POSTED ON THIS WEBSITE

Visit  www.ircorvettes.com

November  EVENTS
5 Silver Springs
5- Corvette Challenge-Moroso
11 Election at General Membership meeting
19  Melbourne Vettes on the Avenue Show
23-27 Turkey Rod Run at the Track in Daytona

 

2005 CHRISTMAS PARTY
 
Make plans now to attend the club CHRISTMAS PARTY  on DECEMBER 10TH  
$25 per person (Club picks up the rest)

GM Announces Corvette Chief Engineer David Hill to Retire
Tom Wallace to lead performance car team

DETROIT - General Motors Corp. announced today that David Hill, currently vehicle chief engineer (VCE) of the Chevrolet Corvette and vehicle line executive (VLE) of performance cars, will retire effective Jan. 1, 2006 after more than 41 years of dedicated service.

Tom Wallace will replace Hill as vehicle line executive of performance cars and vehicle chief engineer of the Corvette. Additionally, he will assume responsibilities for compact rear-wheel-drive performance cars including Pontiac Solstice and Saturn Sky. Wallace currently is VLE of small and midsize trucks.

Lori Queen, currently VLE of compact cars and the Pontiac Solstice and Saturn Sky, is appointed VLE of small and midsize trucks, replacing Tom Wallace. The North America compact car team will now report to Peter Mertens, vehicle line executive of global compact cars. Mertens is currently leading the Global Compact Car Development Team located in Germany.

"Dave Hill has taken the Corvette to heights that few of us can imagine. In terms of performance, refinement and value, he has truly helped to make Corvette second to none. He is a true car guy who will take his rightful place among the legends of Corvette lore," said Bob Lutz, General Motors vice chairman, global product development.

"What do you do to replace a guy like Dave? You do your best to get another one. Tom Wallace also is a car guy and racer who will make a perfect choice to lead the Corvette and Performance team. Besides, Tom was Dave's choice too. That should tell you all you need to know," Lutz concluded.

Hill has a rich history with GM since joining Cadillac Motor Car Division in 1964. He moved through various engineering positions and was named an executive in 1979.

In 1982, he was named chief engineer of the Cadillac Allante. Following the introduction of the Northstar engine in 1992 in the two seat luxury roadster, Hill assumed chief engineer responsibilities for the Cadillac Deville and Concours.

Hill was named chief engineer of the Chevrolet Corvette in 1993, only the third chief engineer for the sports car in the vehicle's 53-year history. In 1995, Hill was named vehicle line executive of performance cars and led the development of the fifth-generation Corvette and the introduction of the Cadillac XLR.

Last year, Hill launched the sixth-generation Corvette followed by the introduction of the new 505 bhp Corvette Z06 for 2006.

Hill holds a bachelor's degree in mechanical engineering from Michigan Technological University and a master's degree in mechanical engineering from the University of Michigan.

Wallace has been with GM since 1966 when he joined Buick Motor Division in Flint, Mich. He was named to an executive engineering position in 1980 while still with Buick and was later named to the GM Truck Group in 1995. Wallace holds a bachelor's in mechanical engineering from Kettering University (formerly GMI), and was a Sloan Fellow, earning a master's in business administration from Stanford University.

Wallace and his team were responsible for the development and launch of Chevrolet TrailBlazer, GMC Envoy, Buick Rainier, Chevrolet Colorado, GMC Canyon and Chevrolet SSR. Additionally, he led the highly successful launch of the Saab 9-7X and the HUMMER H3.

An avid performance car enthusiast, Wallace has enjoyed competing in both amateur and professional road racing, rally car and drag racing. He started racing with the Sports Car Club of America (SCCA) more than 30 years ago and has raced in a variety of Sedan and GT classes with race-prepped Oldsmobile, Buick and Chevrolet models.

Queen received a bachelor's degree in electrical engineering from Kettering University (formerly GMI). She recently led the launches of some of GM's most successful products currently in the market: Chevrolet Cobalt and HHR, Saturn ION, the Pontiac Solstice and the soon to be released Saturn Sky.

Queen has been with GM since 1974 and has held numerous Engineering positions, including vehicle chief

Corvette Racing Finishes Season with 1-2 Finish

Oliver Gavin and Olivier Beretta won the battle and won the war as Corvette Racing won it all in the American Le Mans Series. Gavin and Beretta scored their seventh win in eight races in their No. 4 Compuware Corvette C6.R and claimed the GT1 championship in the four-hour season finale at Mazda Raceway Laguna Seca.
Corvette Racing notched its 45th victory and 31st 1-2 finish as Ron Fellows and Johnny O'Connell finished second in the No. 3 Compuware Corvette C6.R to the "two Ollies." Gavin and Beretta won the title by a 19-point margin (196-177) over their teammates. The victory capped another championship season for the Chevrolet factory team. Corvette Racing swept the GT1 manufacturers championship, the drivers championship, the team championship, and the pit crew championship - along with victories in the 24 Hours of Le Mans and Petit Le Mans. "The 2005 season has been another milestone year for Chevrolet and Corvette Racing, and a great way to celebrate Corvette's 50th year in international road racing and the 50th anniversary of the GM small-block V-8," said Ed Peper, Chevrolet General Manager. For the complete release visit: www.corvetteracing.com Corvette Racing's next event is the season-opening Mobil 1 Twelve Hours of Sebring in Sebring, Fla., on March 18, 2006. The first round of the 10-race ALMS will be televised live on SPEED Channel.

A CHANCE TO VISIT JAY LENOS CAR COLLECTION

NCM members are being offered a rare opportunity to have an inside view of Jay Leno’s garage in the Los Angeles California area.  Jay has agreed to host a very limited number of Museum members in a very special fundraiser with the proceeds going to our Building Fund.  Participation is limited to 30 people maximum and the highlight of two days of activities is the attendance at the taping of Jay’s show followed by a personal guided tour of his garage and vast car collection.  Also included in this very special event is a visit to Dick Guldstrand’s shop, the SoCal Speed Shop, the Petersen Museum and dinner on Friday evening.  The event closes on Friday evening with the dinner at Gladstone’s.  

 Those attending will accompany Wendell Strode, Executive Director of the National Corvette Museum, and Jim Minneker, record setting race driver and engineering group manager of High Performance Powertrain.

 These two days of car enthusiast’s heaven will be Thursday and Friday, November 10 and 11, 2005.  A block of rooms for arrival on 11/9 has been set up at the Sheraton Four Points hotel in Culver City, California.  The hotel has an airport shuttle and transportation for the two days of touring will be via chartered bus.  Participants will be responsible for their own travel arrangements, incidentals and meals (other than the dinner at Gladstone’s).  A donation of $5000 per person is required and a significant portion will be deductible to the extent allowed by law.  For more information or to register for the Leno Fundraiser, call 800 538 3883 and ask for Adam (ext 153), Megan (ext 155) or Roc (ext 162).   Registration limited to NCM members until 5:00 pm central time, Friday October 7th.

History of the Corvette Emblem

 

 

 

 

Over the years, the Corvette has gone through many design changes; some subtle, some not so subtle. The Corvette's symbolic crossed flags emblem has also seen its fair number of changes. If you've taken a close look at the emblem over the five generations of Corvette, you'll notice that even though the design has changed dramatically from time to time, a few design cues remain. These include some form of a checkered flag and a bow-tie emblem. From time to time, a strange, maple leaf type of insignia, called a "fleur-de-lis" also shows up from time to time in the emblem. So what does all this mean and how did it get started?

The original Corvette logo was designed by Robert Bartholomew, an interior designer at Chevrolet in 1953. This emblem was destined to appear on the 1953 Corvette prototype which was introduced to the public for the first time at New York's Waldorf-Astoria hotel in January of 1953. It had crossing staffs with the checkered flag on the right hand side, and the American flag on the left hand side. However, four days before the Corvette was to go on display at the show, Chevrolet management decided that it should be redesigned. The problem with the proposed emblem was that it included the American flag which is illegal to use on a commerical product. Right before the show, redesigned emblems were attached to the front hood and steering wheel of the Corvette. The new emblem contained the checkered flag on the right side as well as the white racing flag, red Chevrolet bow-tie symbol and a fleur-de-lis .

Where did the fleur-de-lis come from? At the time, Chevrolet was conducting research on various emblem designs for the 1953 and 1954 passenger cars. They looked at the Louis Chevrolet family history in an attempt to discover a crest or some type of heraldry that they could utilize. Unfortunately, they came up empty, but they did realize that Chevrolet is a French name and the fleur-de-lis (flower of the lily) is a French symbol meaning peace and purity. They decided to use the fleur-de-lis along with the famous blue Chevrolet bow tie on a new flag which replaced the American flag on the Corvette. When the 1953 Corvette first appeared to the public at the Waldorf Historia Hotel, the redesigned emblems were in place.

However, this emblem was temporary and used only for press photography at the show. A new emblem was designed prior to the 1953 Corvette going into production.

If you're wondering what ever happened to the original 1953 Corvette emblem by Robert Bartholemew, it's currently on display at the National Corvette Museum!

1965 Corvette "Fuelie" Convertible

In 1965 the nine-year reign of the "fuelie" Corvette came to an end. Only 771 cars with the L84 option were built in 1965, making it the lowest production year. It was the only year you could buy a fuel-injected, disc-braked Corvette.

This 1965 Glen Green model has traveled only 1,577 miles since new and is in original condition. It has to be one of the finest examples of an original vintage Corvette in existence.

The original owner bought a new fuelie 'Vette every year. Upon learning of Chevrolet's plans to discontinue the fuel-injection option, he treated his final one with great respect. He drove the car sparingly and proceeded to store it. When Jim Krughoff purchased the car in 1976, the carpets were covered with newspapers dated November 20, 1965 (the day the car was purchased). The leather seats were covered with towels. Documents with the car include: temporary cardboard license, window sticker, finance papers, temporary registration certificate, manufacturer's application for certificate of title (unexecuted, the car is still on the original factory Certificate of Origin), owner's guide, salesman's business card and all service and gas records with mileage and dates noted.

In 1977 at the Bloomington Gold Corral, the car won the "Best of Show" trophy. At the 25th Corvette Anniversary NCRS National Meet, the car won the high point award, competing against Corvettes of all years and production. In 1984, it was featured in Bloomington Gold's first "Special Collection." In 1997, it was inducted into the Bloomington Gold Hall of Fame as one of the original inductees.

The SCM Analysis

This car sold for $168,000, including buyer's premium, at the Mecum Fall Premier in Crystal Lake, Illinois, on November 3, 2000.

The introduction of the 1963 Corvette Sting Ray brought a marked change from prior models. The only significant remnants from 1962 were the engine and transmission—just about every other component was new. The Corvette now came as either a convertible or coupe, and the option list had grown to include luxury touches such as leather, power steering and air conditioning.

Performance was not forgotten, as the horsepower race of the '60s was just starting to rev up, but styling was the key element of the new-look Corvettes. Bill Mitchell, GM's Vice President in charge of design, as well as chief Corvette stylist Larry Shinoda and Corvette legend Zora Arkus-Duntov, were all instrumental in the birth of the 1963-67 body style. The bodywork changed little during the production run, really only seeing the replacement of the split rear window in the 1963 car with a single piece of glass in the '64 -'67 models.

While most collector cars achieve their value ratings through a combination of equipment, condition and mileage, mid-year (C2) Corvettes are different. Here the ranking goes by equipment, equipment and more equipment, followed by condition, with mileage furthest back. Decent 327/300-horsepower mid-year Corvette convertibles can be found below $30K. Add original air conditioning or a rare option and the price goes up. Add fuel injection and the price of the base car can double or triple.

Why is it that indicated mileage is not as big a factor on these early cars? Quite simply, the odometers on this series of 'Vettes were short lived. I've seen dozens of cars with the odometer showing a permanent 32,000 to 42,000 reading. Added to that, the mid-year 'Vettes were bought and sold as used cars during a time when it was not against the law to roll back an odometer.

The fuel-injected, 375-horsepower, 327-cubic-inch engine was $538—not a lot of money now, but a hefty percentage of the base price of a Corvette convertible, which listed at $4,106. As such, only 771 cars (both coupes and convertibles) were equipped with fuel injection in 1965.

It took a serious Corvette enthusiast to purchase, equip, and store the car shown here. With only 1,577 miles, and with documentation to support the penurious odometer reading, this Corvette is a "time machine," used by Corvette owners and restorers to determine what is and is not original equipment on similar Corvettes. But $168K?

It is the unique combination of a convertible, equipment, color, miles and condition that makes this car a Corvette lottery winner. By pulling four to five times what a standard convertible might, it showed us exactly how much more than a standard 'Vette it is worth. Today's collectors continue to be willing to part with what seems like huge amounts of money for very special, documented cars. However, you're unlikely to ever see this car outside of a car show or concours. Imagine the incredible depreciation it would suffer with each revolution of the wheel as it rolled down the road. I suggest buying a beater '65 for Corvette cruise-ins, and leave the big green guy in the garage.—Dave Kinney