With only a few mods, they fit a Camaro under the body, and let the autocrossing reindeer games begin... though they didn't bother with an LS... who the hell needs another LS engines car on the roads? They put in a 360. 505hp, 515 ft lbs.
I doubt I'd know what this is if I drove up behind it... unless I could get a look at the side. There just aren't any owners driving Gremlins anymore.
http://www.hotrod.com/articles/mark-greenisens-1974-gremlin-bright-green-cone-killing-monster/