No it won't, but the LT1 and 700R4 will drop in just fine. Transplant the computer and wiring and you will have a very nice drivetrain. My El Camino has a 1989 TPI engine and 700R4 with the factory computer and sensors minus the catyltic convertor. It is a nice driver with good mpg. The rear disc brake set up should work on your Nova rear differential housing.