Hans Reiter, the chap you might know from Reiter Engineering and its winning Lamborghini racecars, started a company called Sareni United for one purpose: to build a Chevrolet Camaro GT3 race car. The resulting silver shockwave is powered by a 7.9-liter Katech V8 rated at up to 650 horsepower and 627 pound-feet, and the racer's lead engineer says it has lap times "similar to the Lamborghini Gallardo" but that there is still a lot of work to do.
More importantly, the plan wasn't to simply make a race-worthy Camaro, the brief was to make one one that was cost efficient enough to lure new entrants into the racing game. Planned overhauls for the engine and gearbox are at 5,000 kilometers and other parts at 10,000 km.
The Camaro GT3 has been homologated by the FIA, Reiter says two cars are already planned for use in Germany's ADAC GT Masters series and that other inquiries have been made about GT4 and touring cars. It is priced at €195,000 + VAT ($253,056 U.S.).
Sareni United's Chevrolet Camaro GT turns pony car into thoroughbred
Chevy Camaro Information