After spending part of its life as a race car, this 1954 Corvette is ready to start a new life. It is also ready to find a new home, and this combination is going to open up a few different options for the new owner. So, if you are searching for a project car and have a great sense of adventure, then you will find the Corvette located in Wichita, Kansas, and listed for sale here on eBay. The owner has set an opening bid of $20,000 on a Corvette that comes with more than meets the eye.

The body of the Corvette is in fair condition, and it appears that the frame is too. It would be possible to undertake a restoration of the car and to return it to its original specs, but there are some alternatives on the table to consider. The car comes with a spare frame, a couple of hardtops, and a few other spare panels. What it also comes with is some custom hardware that would allow it to be adapted to fit an SRIII Motorsports chassis. This would allow the car to accept the drive-train from a C5 or C6 Corvette. This is not a particularly new idea, but it would certainly make for a pretty nice car. All of the custom parts have been duplicated from a previously completed car built to these specs, so that should give the new owner a bit of a head start. The list of custom parts is quite extensive, and as they are included in the sale, they certainly do offer some options.

On the off-chance that the new owner doesn’t intend to follow the custom path, it is probably worth reviewing what the rest of the car is like, in case a faithful restoration is on the cards. This is the interior, and it is pretty bare-bones. The new owner will definitely be starting from scratch with this one. However, it is an option that can be considered, as the values of unmodified ’54 Corvettes just continues to head ever upwards.

If a faithful restoration is being considered, then there is one bad piece of news to keep in mind. That is that the car does not come with an engine and transmission. Therefore, no matter how good that restoration might be, this can never be a numbers-matching car. What it does come with is a number of ’04 Z06 parts, which includes a transmission, torque tube, a rear end, rear engine cradle, axles, and miscellaneous suspension parts. It’s pretty clear that the owner had every intention of following the SRIII path, so that is an option that well and truly remains open for the new owner.

Okay, so that’s what you get, and those are the options that are open to the new owner. I’m not going to commit either way on this Corvette, but I will be very interested to see which way our readers would head with this project.