The Collection

Modern & Imports / 1980–Today

2003 Chevrolet Corvette Coupe 50th Anniversary

No. 184 of 207

The Chevrolet Corvette (C5) is the fifth generation of the Corvette sports car, produced by the Chevrolet division of General Motors for the 1997 through 2004 model years unveiled on January 6, 1997 at the North American International Auto Show in Detroit. Production variants include the high performance Z06. Racing variants include the C5-R, a 24 Hours of Daytona and 24 Hours of Le MansGTS/GT1 winner. The C5 Corvette was the first GM vehicle to feature the third-generation small block "LS" engines. Pop-up headlights were featured on a Corvette for the final time during this generation.

The fifth generation was originally intended to debut in 1993 to celebrate the Corvette's 40th anniversary, but it was delayed by financial troubles and changes in staff within GM. A major change from its predecessor the C4, the C5 had a hydroformed box frame, a design that offered an improved structural platform, especially for a convertible body style. To improve handling, the transmission was relocated to form an integrated, rear-mounted transaxle assembly. Connected to the all-new LS1 engine via a torque tube, the engine/transmission arrangement enabled a 50-50% front-rear weight distribution. The LS1 engine initially produced 345 hp (257 kW), subsequently increased in 2001 to 350 hp (261 kW). The 4L60-E automatic transmission carried over from previous models, but the manual was replaced by a Borg-Warner T-56 6-speed capable of a 265 km/h (165 mph) top speed. Relative to the C4, the new platform and structural design substantially reduced squeaks and rattles.

A 50th Anniversary Edition (RPO Z25) was offered during the 2003 model year to commemorate a half-century of Corvette production. Available in convertible and coupé models, the 50th Anniversary Edition came with a special shade of red paint ("Anniversary Red Metallic") and shale two-tone leather interior; Anniversary Edition convertibles were adorned with a shale-colored soft top as well. A new option for Corvette in 2003, the F55 Magnetic Selective Ride Control Suspension was standard on the 1SC-equipped Anniversary Edition vehicles. Special ("Warm Nickel Metallic") painted aluminum wheels, embroidered upholstery trim, and badges completed the Anniversary Edition package. Also included were all of the convenience options offered on the upscale Corvette models such as the head-up display. A slightly modified 50th Anniversary Edition Corvette was chosen to pace the Indianapolis 500 race in May 2002; then the production vehicle became a centerpiece of the subsequent 50th Anniversary Celebration, sponsored by Chevrolet. Festivities included gatherings in Nashville, Bowling Green, and St. Louis. Thousands of Corvettes and their owners arrived from all over the country to participate in the events marking the vehicle's 50th year of production.

2003 Chevrolet Corvette Coupe 50th Anniversary — museum photo

This special Corvette was purchased by our founder Mel Martin at the 2023 Mecum Auction in Glendale. Bloomington Gold Certified, Odometer reads only 14 miles, Anniversary Red with Shale interior 2002 Indy 500 Pace Car graphics, 2003 Corvettes sold originally for $50-$56k.

LS1 5.7 liter / 350 horsepower V-8 engine

Sequential port fuel injection

Automatic transmission

Magnetic Select Ride Control

Heads up display

Power steering, brakes, windows, locks, seats and mirrors

Champagne painted 5-spoke wheels

104.5-inch wheelbase

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