Problems with anti-theft systems using the raised-chip key can prevent the car from starting. The wires in the steering column to the ignition lock cylinder tend to break. The key and ignition lock cylinder should be replaced to correct this condition.
Car Won't Start and Security Light is On on Chevrolet Corvette
Average mileage: 76,425 (19,000–133,850)
10 people reported this problem
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54,000 miles not found a solution yet..
The 1st time I turned the steering wheel back and forth and it started up with the spare key. THis time neither key started it I will let you know what's next...