1967 was the final model year for the second generation. The 1967 model featured restyled fender vents, less ornamentation, and back-up lamps which were on the inboard in 1966 were now rectangular and centrally located. The first use of all four taillights in red started in 1961 and was continued thru the C2 line-up except for the 1966. The 1967 and subsequent models continuing on all Corvettes since. 1967 had the first L88 engine option which was rated at 430 bhp (320 kW), but unofficial estimates place the actual output at 560 bhp (420 kW) or more. Only twenty such engines were installed at the factory. From 1967 to 1969, the Holley triple two-barrel carburetor, or Tri-Power, was available on the 427 L89 (a $368 option, on top of the cost for the high-performance 427). Despite these changes, sales slipped more than 15%, to 22,940 (8,504 coupes, off close to 15%, and 14,436 convertibles, down nearly 19%).
Duntov came up with a lightweight version of the C2 in 1962. Concerned about Ford and what they were doing with the Shelby Cobra, GM planned to manufacture 100 Grand Sport Corvettes, but only five were actually built. They were driven by historic drivers such as Roger Penske, A. J. Foyt, Jim Hall, and Dick Guldstrand among others. Today the five cars (001-005) are all held by private owners, and are among the most coveted and valuable Corvettes ever built. 002 is exhibited in the Simeone Foundation Automotive Museum and is in running condition.
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