If that's set up for some R rated tires take it to the track.
you had me at dry sump.
If it is mono ball suspension? nice but not for long with a street driver.
They make awesome track cars with the nanny off.
On track you might find, Crude nanny in the C5, even with coolers oil everywhere wont disapate heat well.
With R rated tires fries my wheel bearings and replaced with SKF bearings, dopes it have those too?
Price a little high you can find track prepped with patina C5s around $25k and less?
Street car you must drive a c6Z they are incredible.
No dry sump track at you own risk.
I asked the same question a while back.
http://forums.pelicanparts.com/off-topic-discussions/576896-considering-c5-zo6.html
another one for sale, not mine...
My C5Z up for sale
everything you need to know about the C5 here.
C5 General - CorvetteForum - Chevrolet Corvette Forum Discussion
My old blue C5z video. Now I have a black all stock 22k mile C5z.
https://youtu.be/AVM8-WhXheY?t=7m29s