Can’t stand the wait for the all-new 2012 Chevrolet Camaro ZL1 to hit dealerships? Well, New Jersey’s SLP Performance may have just what you’re looking for. The tuning firm has already developed a modified version of the 2011 Chevrolet Camaro SS and is calling the car a ZL1. The biggest surprise, however, is that Chevrolet is actually fine with SLP using the nameplate.

Chevrolet acknowledges SLP as a past tuner of the Camaro and is happy for the firm to continue using the ZL1 nameplate for the rest of the 2011 model year. 

So how does SLP’s ZL1 compare with the new 550 horsepower ZL1 from Chevrolet? Let’s just say it will probably leave it eating its dust.

The SLP Camaro ZL1 comes with a stroked 7.0-liter version of the Camaro SS’ 6.2-liter V-8 and has a supercharger bolted on running at 10 psi. Thanks to a host of upgraded internals and a 10.3:1 compression ratio, the modified Camaro puts out around 750 horsepower and is capable of reaching top speeds around the 205 mph mark.

Other modifications include a full bodykit, pumped fenders, forged wheels shod with Michelin Sport PS2 tires and housing Brembo brakes, and a carbon fiber hood with a functional scoop.

Pricing for the upgrade starts at not-so-insignificant $80,000, plus either a Camaro SS equipped with a manual transmission. Oh, and due to emissions regulations, the car isn’t legal in the state of California.