Officially unveiled at the 1995 Pebble Beach Concours, it has won numerous championships and famous events in its history.

Although the first generation Vipers had sold well, Dodge wished to showcase the potential capabilities of the new car, mostly in the realm of handling.

Chrysler believed that in order to adapt their car not only for North American but also European circuits, they would require outside assistance.

Oreca would construct and maintain the racing cars in their shops, as well as run Chrysler's official factory teams in Europe.

After the production of an initial five prototypes for testing and early usage by Oreca and Canaska / Southwind, 52 more cars would be built.

There would be 100 cars offered through the top Dodge Viper dealers, featuring the same white with blue stripes paint scheme as the race cars, as well as a large rear wing, front dive planes and splitter, side sills, BBS rims and GTS-R badging.

The GT2 also features an Oreca 5-point racing harness, and the center dash plaque with the vehicle's unique production number.

Canaska Southwind started in the North American IMSA GT Championship GTS-1 class at the 1996 24 Hours of Daytona, managing to finish in 29th place.

Viper Team Oreca concluded the year with three races in the BPR Global GT Series earning eighth place at Brands Hatch, ninth at Spa, and sixth at Nogaro.

This meant Oreca would make the only appearance for a Viper in IMSA GT by submitting a lone entry at the Rolex 24 at Daytona, finishing in 12th place.

Oreca would also earn their second straight win at Le Mans, with various Vipers finishing in the top six positions in their class.

Oreca went on to win ten races in the American Le Mans Series, eventually falling to Corvette in two rounds late in the season but once again securing the championship.

Oreca would also outperform Corvette at Le Mans, winning their third straight class victory with a seventh-place finish.

Carsport Holland and Paul Belmondo also managed single victories, while the new Ferrari 550s showed their potential with four wins.

An Oreca-backed entry at Le Mans would manage to finish on the class podium, although several laps behind the two factory Corvettes.

However at the same time, Vipers would make their final appearance at Le Mans, with Larbre finishing fourth in their class.

In November 2008 Florent Moulin entered it again in the GT90s Revival race at Paul Ricard, co-driven by another of its period drivers from Le Mans 1999, Marc Duez.

In 2010, chassis 27 participated in the Goodwood Festival of Speed to celebrate the tenth anniversary 24 Hours of Daytona victory.

Since its racing debut in 1996, the Viper GTS-R has achieved many victories or class wins in competition, as well as many series championships.

Following Dodge's official end of their factory-backed racing program in 2001, as well as the redesigning of the Viper in 2003, the first generation GTS-Rs have been retired.

These racing vehicles, known as Dodge Viper Competition Coupes, would be sold to those customers who wanted a ready-made track car.

Because they complied with the FIA GT3 regulations, these vehicles were prevented from exhibiting the same level of extreme performance characteristic of the earlier Viper GTS-Rs which ran in GT1.

Attempts were made by Oreca as well as privateers Racing Box and Woodhouse Performance to modify Viper Competition Coupes to run in the faster GT2 class.