I WAS THE OWNER OF A 1999 C-5 CORVETTE SPORT COUP WITH 12,924 MILES AND IN MINT CONDITION. ON NOV.17,04 AT 7:50PM, I WAS PULLING AWAY FROM A STOP SIGN. AS I MADE A RIGHT HAND TURN AROUND A CORNER I ACCELERATED THE CAR IN A NORMAL MANNER. ALL OF A SUDDEN THE ENGINE WENT TO THE FULL THROTTLE POSITION AND THE REAR OF THE CAR JUMPED TO THE LEFT. I TRIED TO CORRECT AND THEN THE CAR JUMPED TO THE RIGHT AND I HIT A PALM TREE. DURING THIS RAPID ACCELERATION EVENT I LIFTED MY FOOT FROM THE ACCELERATOR WITH NO EFFECT TO THE ENGINE RPM. THE DISTANCE FROM THE STOP SIGN WHERE I MADE THE RIGHT HAND TURN TO THE PALM TREE WAS ABOUT 150-200 FEET. THE CAR WAS TOTALED BY MY INSURANCE COMPANY. A PASSENGER AND MYSELF ARE OK BUT WE HAVE SOME SEAT BELT BRUISING. I FEEL THAT THE SEAT BELT AND AIR BAGS SAVED OUR LIVES. I WOULD LIKE THE NSTB TO LOOK INTO THESE TYPES OF CRASHES AND ADVISE ME OF THE RESULTS. I AM SURE THERE ARE OTHER SIMILAR INCIDENTS THAT ARE NOT REPORTED. *JB