The 2021 Chevrolet Corvette, the C8, will debut on July 18, 2019, and will be the first Corvette to have a midengine RWD layout.
The move to the midengine setup will allow the Corvette to handle even more power and torque, and compete fully with the best Ferrari and Lamborghini has to offer.
It will also create clear space between the Vette and the Camaro.
According to Car and Driver, the base Corvette Stingray with the LT2 6.2L pushrod V8 with around 500hp (373kW), and a 7-speed DCT as the only transmission choice.
Rumored high performance models to follow include the Z06, ZR1, and range topping Zora. The Z06 will have a 5.5L V8 with a flat plane crankshaft, and the ZR1 will add twin turbochargers to that engine.
The Zora will use that motor, and have an electric motor for the front axle, pushing total output to around 1000hp (746kW).
The last ever C7 Corvette will be auctioned off for charity.