I think we all have a pretty good idea of what Ford was up to in the early ’60s on the GT race circuit – building Cobras with Carroll Shelby of course. With the undisputed prominence of the Cobra, have you ever stopped to wonder what Chevy was doing around this time? Of course there were the Grand Sport Corvettes, but for a brief moment Chevrolet was also working on a top secret back-door racing effort – something all new that had the potential to be even lighter and faster than the Corvettes. You’re looking at it; the Bill Thomas Cheetah, a Chevy-backed GT racing program designed to be a Cobra killer.
In the early ’60s Bill Thomas caught Chevrolet executives’ attention by building some very quick Corvairs, Chevy IIs and Corvettes. When Chevy saw the success of the Cobra race program, they quietly commissioned Bill to build 100 cars to meet FIA homologation requirements. These would be ultra-light 1500 lb, mid-engine, V-8 powered racers designed to do one thing – dominate the Shelby Cobra.
It’s fair to say these cars never even really got out of prototype phase though. Development began in 1963 but a fire in Bill Thomas’ shop took out most of the parts, several cars and even the original plywood buck used to form the first two aluminum bodies. On top of that there was an automakers’ racing ban in effect, so GM couldn’t be seen sneaking engines out the back door for Bill Thomas’ Cheetahs. The final nail in the coffin came when Chevy realized just how competitive the Cheetahs could be, not just to Cobras, but to their own flagship Corvette. With all of these combined pressures, Chevy pulled the plug on the Cheetah project in mid-1964.
Below are some period pictures of the original prototype which is my favorite version and the one I'll be building. It's devoid of all the later versions lumps, bumps, scoops, vents, fender flares and carburetors sticking up above the hood: