The 2011 Chevrolet Camaro Convertible is getting ready to take the stage at the 2010 Los Angeles Auto Show, but John Hennessey and his band of tuners can’t wait that long. Hennessey Performance has announced plans and specs for its upcoming, limited-edition 2011 Hennessey HPE700 Camaro Convertible.

HPE had a hit on its hands when it announced the 2010 HPE700 Camaro. That 725-horsepower coupe was limited to just 24 examples and they were all quickly spoken for. Since Chevrolet is bringing out the droptop Camaro, Hennessey has decided to produce another 24-car limited-edition run with the 2011 model. The 2011 Hennessey HPE700 will be available in both coupe and convertible form, and the cars stats are staggering.

The HPE700 ditches the LS3 mill found in the standard Camaro SS and in its place sticks the superchargedLS9 from the Corvette ZR1. Hennessey says the motor has been tweaked to produce 755 hp and 763 pound-feet of torque. The 6.2-liter V8 is able to hit those numbers thanks to revised boost levels and a more robust fuel system. Thanks to all that power, Hennessey has listed a 0-60 mph time of just 3.3 seconds. A trip down the quarter-mile happens in 10.9 seconds at 130 miles per hour. Those figures are for the hardtop version when fitted with optional Nitto drag radials.

It’s not just a straight-line shooter though, as Hennessey adds more than power to its HPE700. The car is fitted with lightweight HPE wheels, 15-inch brakes with six-piston front calipers, larger sway bars and an adjustable coilover suspension setup. The exterior is fitted with numerous carbon fiber trim pieces. Inside, the HPE700 Camaro receives Hennessey logos on the headrests and floor mats, an HPE race shift knob and upgraded shifter, a numbered dash and hood plaque and an Alcantara-wrapped steering wheel.

Currently, there is no set allocation plan for the coupe and convertible in the 24-car run. Pricing has been set at a stout $132,500, but that includes the cost of the base vehicle. It also includes a one-day performance driving course at Lonestar Motorsports Park. The quarter-mile dragstrip, which has been featured in many of Hennessey’s videos, is located next door to the company’s production facility and showroom.

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