C4 --
1986 Overview

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Fifty 1986 "Malcolm Konner Commemorative Edition" Corvettes were built in a special arrangement honoring the New Jersey Chevrolet dealership's founder, Malcolm Konner.

Each Corvette was painted a two-tone paint scheme: Silver Beige over Black.  Window stickers reflected 4001ZA as the RPO, and a $500.00 cost was listed for MALCOLM KONNER SP. EDIT. PAI (Malcolm Konner Special Edition Paint).  

All of the Malcolm Konner Special Edition cars were coupes.  Twenty were built with manual transmissions while the other thirty were fitted with automatics.  All had graphite leather interiors.
1986 Corvette

Manufacturer: Chevrolet
Type: 2 Door Coupe
 2 Door Convertible

Available Colors:  Silver Metallic, Medium Grey Metallic, Medium Blue Metallic, Yellow, White, Black, Gold Metallic, Silver Beige Metallic, Copper Metallic, Medium Brown Metallic, Dark Red Metallic, Bright Red, Silver/Grey, Grey/Black, White/Silver, Silver Beige/Medium Brown, Silver Beige/Black

Engine: 350CI, 230/235 Horsepower, Tuned-Port Fuel Injected L98 V8 Engine.
4-speed automatic (standard)
4+3 speed manual (optional)

Orig. Base Price: $27,027.00 (Coupe), $32,032.00 (Conv.)

Total Units Produced: 35,109

Click here For Complete Specs.
For those that lived through that era, 1986 probably resonates as one of the most innovative and exciting years of the entire decade.  It was the year that the Human Genome Project began, a study which would help science understand and map the genetic structure of the human body.  IMAP (Internet Mail Access Protocol), the groundwork for Email, was put into place, forever changing the way humans would communicate with each other.  IBM unveiled the “PC Convertible”, the first ever laptop computer.  

And, in its own way, General Motors was also pioneering new territory as they continued the evolution of their famous sports car.   With the continual refinement of their L98 engine, a bigger focus on safety and security, and the development of many new functional and luxury features, the arrival of the 1986 Corvette carried with it the continuation of the spirit of innovation that had helped Corvette rise to become a world leader in the sports car market since its humble beginnings in 1953.
Since the introduction of the C4 Corvette in 1984, a significant increase in Corvette theft had been reported all across the country.  Of all the Corvettes built in 1984 and 1985, approximately 7 percent had been stolen.  Recognizing a need to make their cars more secure for the customers who were purchasing them, General Motors introduced a new security technology as a standard feature on all Corvettes.  “VATS” or “Vehicle Anti-Theft System” was a simple but effective addition to the existing alarm system.  A small metal pellet with a specific electrical resistance was impeded in the ignition key, and had to be read by a hidden, electronic “decoder” before the engine could start.   Using the wrong key would cause the decoder to shut down both the starter relay and the fuel pump for a minimum of two minutes (although there are recorded incidents where the car would remain immobilized for as long as 15 minutes) before allowing the operator another attempt at starting the car.  After the introduction of the VATS system in 1986, Corvette theft dropped from 7% to less than 1% in 1986 and to near 0% by late 1987/early 1988.  The results of this technology was significant enough to prompt many automotive insurance companies to reduce their comprehensive premium rates for Corvettes equipped with VATS by 20-25 percent.
The "Vehicle Anti-Theft System" or "VATS" Key.  Note the chip inlay on the center of the key.

Another advancement of the 1986 model year involved the introduction of the first anti-lock braking system to the Chevrolet Corvette.  Antilock brakes (or ABS), which utilized the latest ABS II setup from Bosch in Germany, prevented wheel lock up in extreme braking conditions and reduced/eliminated skidding and subsequent loss of control of the car.  ABS was relatively new in 1986 and its usage was limited mainly to high-cost luxury cars.  Although no additional changes were made to the Corvette’s braking system, the addition of the ABS helped the Corvette further gain acceptance as the true world-class sports car that Chevy said it was.
Still other, less notable (but equally significant) changes were made.  Under the hood, the L98 engine received an upgrade when the cylinder heads were changed from cast-iron to aluminum, reducing the car’s curb weight by 125 pounds.  This reduction in weight made the 1986 Corvette the first ‘Vette in twenty years to weigh less than 3,000 pounds.  However, reducing the car’s weight resulted in defective components under the hood.  The new L98 engine’s aluminum heads were discovered to be a little too thin during durability testing, the result of which was cracking around the head attachment bosses during high engine loads.  As a result, it was quickly determined that the heads had to be replaced with thicker ones.  Although the replacement heads were delayed until well into the middle of the model year, they proved to be a most valuable addition.  The replacement heads incorporated centrally located copper-core spark plugs for better combustion.  They also included larger intake ports and sintered-metal valve seats.   The engines that were fitted with aluminum heads were rated at 235 horsepower, which was a 5 horsepower increase from 1985 and early 1986 models that were fitted with cast iron heads.
The 1986 L98 Engine produced 235HP after the introduction of aluminum heads.

Other mechanical changes were made to the Corvette as well, though none provided any performance improvement. Amongst these changes, the exhaust system was revised, introducing triple catalytic converters to meet the ever increasing Federal emissions standards that were put into place for 1986.  Wheel caster was changed from 3.8 degrees to 6.0 degrees to improve on-center road feel and to decrease wander.  The standard tires were changed to P245/VR5016s, which was an increase in size from the previous year’s model line.  However, for the Z51 package, the tires continued to be P255s.  The overall size of the fuel tank was reduced by two gallons on automatic Corvette models.
Cosmetic, but functional, changes were also introduced on the 1986 Corvette.  Above the rear hatch window, a high-mounted stop lamp was added.  This brake light, which was introduced as part of a new Federal requirement, was a key distinguishing feature of the 1986 Corvette, as it was one of the few outward changes that was made to the C4 since its introduction in 1984.  Elsewhere, small changes appeared throughout the car.  In the cockpit, the LCD instruments were re-angled to aid in daytime legibility.  Despite the re-angling, the digital dashboard continued to be a problem during daytime operation of the Corvette.  New to the dash cluster in ’86 was the introduction of an upshift indicator light which was intended to help drivers achieve maximum fuel mileage by signaling the optimal time to shift gears during vehicle operation.  While considered an unnecessary feature by many consumers, it’s intent was to help keep the car’s EPA mileage figures above the gas-guzzler level.  (As an interesting side note, the shift indicator light was tied into all automatic transmissions as well.)   Additionally, “low coolant” and “anti-lock” (in reference to the anti-lock brakes) instrument displays were also added.  Wheels were given raised hub emblems and a bright brushed finish which replaced the black centers of the 1984 and 1985 models.

But for all of this, the most significant change didn’t come as an optional component, but rather as an entirely optional model type – the Corvette Convertible.  Chevrolet engineers, aided in part by engineers from the “American Sunroof Company”, had stated that the C4 Corvette’s design had always been intended to support a convertible variant of the beloved coupe, and so they knew that transforming the car from coupe to convertible would be a straight forward process.  Because the absence of the roof pillar (and other supporting hardware) would increase body flex in the car, reinforcement was applied to the frame cross member in front of the engine.  Larger X-braces were added to tie door-hinge pillars to the rear chassis torque boxes and larger K-shape braces were used to connect the under engine member to the frame rails.   Additional structural reinforcements were added to the cowl structure, including the steering column, its mounts, the front torque box and the dashboard mounting beam.  Similarly, a crossbeam was added to the rear torque box, and the steel rider behind the seats became a sturdier, double-wall structure.
The High-Mounted Stop Lamp was introduced in 1986.

1986 Corvette Interior (Note the dash cluster instrument display in the center of the dashboard.)

The 1986 Corvette Coupe & Convertible. (Image Courtesy of GM Media).

Subtle cosmetic changes were made for the convertible as well, although the Corvette maintained a clear likeness to its coupe counterpart.  For one, the rear center taillight was moved from the rear deck lid glass and was instead inserted in the upper center of the rear bumper fascia, just above the rear Corvette nameplate.  For another, the cockpit featured a cowling that discreetly covered the convertible top, giving the 1986 Corvette an appearance that was as much “roadster” as convertible.
The new Corvette convertible was only fifty pounds heavier than the coupe and, because of the careful attention spent in reinforcing its structural design, was actually more rigid than the coupe, proving that the convertible could be as competitively functional as the coupe.  Of course, this type of additional innovation carried additional cost, and the convertible Corvette was no exception.  Its introduction in 1986 was accompanied by a $5000.00 price increase over the coupe.  

The arrival of the convertible brought with it Corvette’s ceremonial return to racing.  Although the announcement came late in the automotive season, its introduction occurred in time for the Corvette to be invited to participate in that year’s Indianapolis 500 as the official Pace Car.  The 1986 Corvette convertible would become the second Corvette in history (second only to its 1978 forerunner) to serve as a pace car at the Indianapolis 500, and Chevrolet was more than proud that its two-seat convertible needed no special performance or engineering modifications to help the car reach the necessary speeds to lead a field of race cars around the famous Brickyard racetrack.    With the exception of safety-conscious strobe lights, a pair of five point harnesses (driver and passenger), and an onboard fire system, the yellow, 230-horsepower convertible that led the pace lap on May 31, 1986 was nearly identical to all other Corvette convertibles sold to the public that year
The 1986 Corvette Convertible. (Image Courtesy of GM Media)

The 1986 Corvette (yellow) and the 1978 Corvette (black) were the first two Corvettes ever to serve as a pace car at the Indianapolis 500.

Although the actual pace cars were painted a bright yellow and wore special “Official Pace Car” badges, General Motors deemed that every Corvette convertible built in 1986 would be a street-going Indy pacer, regardless of color.  In fact, no special limited-edition “pace car” package option was ever offered, but instead, consumers were given the option of adding a dealer-offered commemorative decals to the doors of their 1986 Corvette. 
Interestingly, the arrival of the new Corvette Convertible in 1986 resulted in less than stellar sales. Probably due in large part to “sticker shock”, there was only 7,315 Corvette convertibles sold that year.  While there was certainly no question that Corvette engineers, workers and fans alike welcomed back the nostalgia-filled convertible, its price proved to put the car just out of reach for most consumers looking to purchase a convertible sports car that year.  Instead, sales of the Z51 Corvette continued to lead the way, although this option was only made available in coupe form.  Even with its integral X-member reinforcement, the convertible chassis was still no match for the hearty, bone chattering Z51 performance package.  In all, 35,109 Corvettes were sold in 1986.  While this number was still considered to be very respectable, it was the second year in a row that overall Corvette sales numbers had slipped.  Despite these diminished numbers, there was no question that Corvette was continuing to move in the right direction. chatte 
1986 Corvette Assembly Line, Bowling Green, Kentucky. (Image Courtesy of GM Media.)


Source Material:
1.) The Pocket Book of the Corvette: The Definitive Guide to the All American Sports Car - Copyright 2003, Barnes & Noble
2.) CORVETTE: Sports Car Superstar - Copyright 2005, PIL - Publications International, Ltd.
3.) Corvette Black Book - Copyright 2009, Michael Bruce Associates, Inc.
4.) "The Corvette Story: The 1986 Corvette" - http://www.web-cars.com/corvette/1985.php
5.) The Complete Book of Corvette, Every Model Since 1953 - Copyright 2005, Mike Mueller - MBI Publishing
Although the 1986 Corvette did not see any track time (as a race car) when introduced, 1986 was still a significant year for Corvette Racing.  It was the year that Tommy Milner, driver of the #3 Compuware C6.R Corvette, entered the world.

Milner was born on January 28, 1986 in Washington D.C.. He is the son of Tommy Milner senior, a noted race car team owner.  He has competed in both formula and sports car racing series, and has had a number of successful finishes in both series.  He has driven for factory-affiliated teams representing Panoz, Porsche, and BMW.  Prior to joining Corvette Racing, he had competed twice in the 24 Hours of Le Mans, where he finished third in the ALMS GT standings in 2010 while driving for BMW.

Milner joined the No. 3 Compuware C6.R Corvette Racing team in 2011, where he was partnered with Oliver Beretta, the most successful driver in ALMS history.  This pairing of youth and experience proved to be a winning combination as, in his rookie year, Milner helped Beretta bring the No. 3 Corvette to victory in the 2011 running of the 24 Hours of LeMans.
The Malcolm Konner Special Edition Corvette (located at the Corvette Museum in Bowling Green, Kentucky.)

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The "Vehicle Anti-Theft System" or "VATS" Key.  Note the chip inlay on the center of the key.

This overview of the C4 Corvette shows some of the many refinements made to the fourth-generation model. (Image courtesy of GM Media.)