From Chevrolet Press: For 2003, Corvette unveils a 50th Anniversary Edition, more standard equipment on the coupe and convertible models, and Magnetic Selective Ride Control, the industry's fastest and most powerful real-time damping suspension.
The 50th Anniversary Edition, available only during the 2003 model year on coupe and convertible models, is a tribute to a half-century of automotive leadership. It includes special 50th Anniversary Red exterior paint, specific badging, unique Shale interior including color coordinated instrument panel and console, and champagne-painted anniversary wheels with special emblems. It also features embroidered badges on the seats and floormats, padded door armrests and grips and a Shale convertible top. The Anniversary Edition includes the standard Corvette LS1 engine, as well as Magnetic Selective Ride Control. A special 50th Anniversary Edition of the 2003 Corvette was the Official Pace Car of the Indianapolis 500 last May, marking the fifth time that a Corvette has paced the race.
New on the Corvette for 2003, Magnetic Selective Ride Control uses a revolutionary damper design that controls wheel and body motion with Magneto-Rheological fluid in the shocks. By controlling the current to an electromagnetic coil inside the piston of the damper, the MR fluid's consistency can be changed, resulting in continuously variable real time damping. As a result, drivers feel a greater sense of security, a quieter, flatter ride and more precise, responsive handling, particularly during sudden, high-speed maneuvers.
During 2003 only, all Corvettes feature a special 50th anniversary emblem on the front and rear. The emblem is silver and features the number "50" with the signature cross-flag design. In addition, Medium Spiral Gray Metallic exterior paint replaces Pewter for 2003.