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I had the same deal and it turned out the casting on the valve stem broke. The spring held the guide in place but oil got in and caused what you described.
I have the same thing going on. I know my new 383 is running richer than my previously stock LS1, which is fine. However, I'm not sure if the "black soot" is coming from something else or not. Makes a mess of the exhaust, rear end and garage floor where I start it up.
My guess, and I am not totally sure, is that much of this is brake dust. My 00 Yellow Coupe gets this black dust behind the front wheel openings, behind the air vent on the front Fenders, behind the rear wheel openings and all over the back especially the tail light depressions and license plate area. Most light colored Vettes I look at have the same patterns. I have given up trying to stop it and just wipe it off every time the car goes out.
I watched it today when it was cold. I let it idle and it is from the water that is generated from the cats. After running it hard there is a lot of carbon in the exhaust. When the water goes through the pipes, it takes some of the carbon with it. I could see little black droplets of water shooting out the back. After it warmed up, the water stopped coming out, at least while it was idling. I just had it dyno tuned and it also did it before H/C and dyno tune. I have a catch can and a valve cover vent.
My guess, and I am not totally sure, is that much of this is brake dust. My 00 Yellow Coupe gets this black dust behind the front wheel openings, behind the air vent on the front Fenders, behind the rear wheel openings and all over the back especially the tail light depressions and license plate area. Most light colored Vettes I look at have the same patterns. I have given up trying to stop it and just wipe it off every time the car goes out.
The same thing happens on my 99 but i'm not running cats. Usually the exhaust gets cleaner at idle after the car is running off of sensor data. Before that point i believe i heard somewhere that it's running at somewhere near 10 or something as far as how righ it is. Which is why it puts out more noticable exhaust moisture and black smoke when you're on it. You'll get carbon build up there no matter what. The only thing that will minimize it is to get your car tuned leaner and to keep your foot off of it. Niether of which i reccomend. I just say keep cleaning it and have fun driving it like you stole it
I bet if you were to hook up scanning software you would find your are running rich and timing is being retarded. The only way to know for sure is to scan. Find someone near you who has it and find out.
If it's not brake dust,where does the black dust on the front fenders and fender air ducts come from?
Fred
I'm not talking about a little brake dust. I mean 1/8" black spots. It's only on the rear and it's all over the exhaust tips as well. If I let it sit there and idle when I first start it, there will be a mess on the ground, wet and black like you put black paint in a pump bottle and sprayed it. I can see the water droplets coming out and they are black from picking up the carbon inside the pipes. Still think it's brake dust?
How long are you driving your car on a given trip? With that much water coming out (and this is the season to see it), I'm wondering if you're driving your car long enough to get your hi-flow cats up to temp. If they're cold they won't do their job very well and you could start seeing that carbon sooting.
It would be interesting to see how bad it gets if you go run your car for 15 minutes or so, leave it running, wipe the rear off then go drive again. If the soot goes away then we can start aiming at the startup enrichment/cold cats scenario.