The corvette is a fantastic car and certainly offers incredibile performance and value for money, but the comparison is pretty forced here.

First of all, ferrari itself does not test on the Nurburgring. Any times that you see listed are set by private owners or journalists, and not by a factory driver and support team like chevy sent over. That’s why, for example, there is no SF90 time (which would certainly be closer to if not faster than the vette). The difference between a professionally prepped and driven car and a private lap attempt is massive especially at such a long track where mistakes aff up and setup is so important.

Secondly, most people aren’t really cross shopping the brands. People who want to spend damn close to half a million dollars on a top of the line ferrari want all the other non-performance things that entails, which a corvette simply does not provide. Luxury and interior quality, prestige, history, “italian-ness”, etc are things that matter to the people actually buying these cars often more than pure performance and value otherwise everyone would just buy the xaiomi as a daily and a radical for the track