Legendary coachbuilder Zagato recently rebooted the once-famous Iso brand, and last year unveiled a carbon-bodied front-engined GT, the Iso Rivolta GT. Now, fresh from a class win at The Quail Motorsports Gathering during Monterey, one of only 19 cars to be built has hit the used market.

The Rivolta takes its visual cues from the classic Iso Grifo A3/C of the 1960s, transplanting them in carbon fiber to the chassis of a C7-generation Corvette Z06. No body panels are shared with the Corvette, the windows, lights and handles are all bespoke, and Zagato claimed the whole conversion takes 2,500 hours at its Milan workshop.

The C7 might seem like an un-exotic basis for a pricey coachbuilt Italian GT, but history buffs will recognize the connection. Back in the 1960s, the original Grifos came with Chevy small block (and later, big block) V8s that made them as powerful as their pureblood Italian rivals, but far cheaper and easier to maintain.

That said, this car is up for $1.35 million (£970k), which is a whole of wedge for a car you can buy with a Chevy badge for one-twentieth the price. And that point is rammed home by the interior pictures. The leather trim, which extends to the roof, doors and rear firewall looks beautifully done, and there’s Iso badging on the steering wheel and console, but the dash, instrument and switchgear are pure C7 Corvette.

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So is the running gear, which means the Rivolta runs a 6.2-liter supercharged LT4 V8 making 651 hp and 650 lb ftp of torque. Iso offered customers the chance to have their car based on a seven-speed manual or eight-speed automatic Z06 and claimed the GTZ could reach 62 mph (100 km/h) in 3.7 seconds and topped out at 195 mph (314 km/h).

This particular car, offered for sale by Issimi, is an auto and comes equipped with carbon ceramic brakes. It’s also painted in tri-coat metallic red, which references the colors of the original A3/Cs that won their class at Le Mans in the 1960s.

Do you think Zagato improved on the C7’s styling, and would you sink $1.35 million into the result?