DCAWD.com

This morning's headlines may be all about the revised 2013 Ford Mustang and the 650-hp Shelby GT500, but GM has just announced the pricing for the 2012 Chevy Camaro ZL1. The 2012 Chevy Camaro ZL1, which is a direct competitor to the Ford's Shelby GT500, starts at $54,995.

The Camaro ZL1 is powered by a supercharged 6.2L V8 that packs 580 horsepower and 556 lb-ft. of torque, which makes it the most powerful production Camaro ever. The Camaro ZL1 can be equipped with either a six-speed manual or six-speed automatic transmission. The automatic equipped Camaro ZL1 is the fastest version with a 0-60 mph time of 3.9 seconds and a top speed of 184 mph.

"With 0 to 60 taking less than four seconds, and a top speed in excess of 180 mph, the power and acceleration of the Camaro ZL1 rivals many supercars," said Al Oppenheiser, Camaro chief engineer. "And, horsepower is only half of the story, as the most significant measurement of the ZL1's potential is lapping the Nurburgring in 7:41.27. That is a great testament to the power, braking, grip, and balance of the Camaro ZL1, and to the well-rounded performance of the ZL1 that sets the bar for the sports-car segment."

With 0 to 60 taking less than four seconds, and a top speed in excess of 180 mph, the power and acceleration of the Camaro ZL1 rivals many supercars