The 2014 Camaro Z28 makes a pass around Germany's grueling Nurburgring circuit.

Chevy dropped a bombshell earlier this year when it announced the revival of the formidable Z28, a 500-plus-horsepower version of its 2014 Camaro. Now, with the track-ready coupe ready to roll into showrooms, the maker is hoping to whet – make that “wet” – potential buyers’ appetite.

The General Motors division took one of the new Camaro Z28s over to Germany for a run around the grueling Nurburgring circuit. And not only did it deliver an impressive time of 7:37.47 in a drizzly mist, but it beat the numbers for the Porsche 911, a model generally considered much more at home on the tight and twisty ‘Ring than a classic American muscle car.

While the costly Z28 is likely to become little more than a niche model, Chevy is betting it will put a halo around the 2014 Camaro’s more mainstream versions – critical in reversing a 6% slide that could let the Ford Mustang regain its pony car sales crown for 2013 after lagging the Camaro since its re-launch a few years back.

The Z28 made a surprise reappearance at last April's New York Auto Show.

The heart of the new 2014 Camaro Z28, which will go on sale in early 2014, is a 7.0-liter LS7 engine beefed up with such high-performance components as titanium intake valves and connecting rods, CNC-ported aluminum cylinder heads and a forged-steel crankshaft. Put them all together and the track-ready edition gets an SAE-certified rating of 505 horsepower and 481 pound-feet of torque, according to Al Oppenheiser, Camaro chief engineer.

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A six-speed manual transmission is the only gearbox offered and power is distributed to the rear wheels via a limited-slip differential featuring a helical gear set, rather than traditional clutch packs, Oppenheiser said.

Oppenheiser said the new design enables the driver to apply more power and get through corners faster by making the most of the capability of its  individual-wheel antilock brake function during corner entry braking, mid-corner speed and corner-exit traction.

The Z28 is capable of 1.08 g in cornering acceleration, due to chassis revisions meant to hold it hard onto the pavement, and has more stopping power thanks to Brembo carbon-ceramic brakes capable of 1.5 g in deceleration, and consistent brake feel lap after lap.

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The Z28's new LS7 engine.

The naturally aspirated Z28 weighs 300 pounds less than the supercharged Camaro ZL1, with changes throughout the car ranging from lightweight wheels to thinner rear-window glass.  Considering the emphasis on track performance, air-conditioning is available, but only as an option.

Its recent run on the Nurburgring showed the Z28 lapping four seconds faster than the Camaro ZL1, while beating published times for both the Porsche 911 Carrera S and the Lamborghini Murcielago LP640, Oppenheiser noted.

“Adam Dean, the development driver for Z28, did a heroic job driving in deteriorating conditions. Based on telemetry data from our test sessions, we know the Z28 can be as much as six seconds faster on a dry track,” Oppenheiser suggested.

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The team spent a week at the ‘Ring as part of the Z28’s performance-validation regimen, accumulating a total of 10 hours and nearly 1,000 miles on the track as the car completed what GM development engineers call the “24 Hour Test.”

The 24-Hour Test is actually a collection of different segments over the course of several days – and even at different tracks – to evaluate performance in carefully monitored increments.

In all, the Z28 went through 24 hours of track testing, and the only mechanical changes allowed were the replacement of brakes and tires. Each valid test lap had to be run within 2% of a target lap speed to count toward the 24-hour total, Oppenheiser said.

GM devised the 24-Hour Test in the early 1990s for the fourth-generation Corvette. Back then, the 300-horsepower 2-seater was Chevrolet’s most powerful vehicle, and the 24-Hour Test measured 15 channels of data. Today, 130 channels are tracked.

“Passing the 24-Hour Test is a requirement for all cars we call ‘track capable,’” said Wayne McConnell, director of global vehicle performance.

Paul A. Eisenstein contributed to this report.

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