Automotive & Aftermarket News

First-Ever Mid-Engine Corvette Offers 495 HP—for Under $60K

2020 Chevrolet Corvette Stingray Unveiled
General Motors President Mark Reuss drives the 2020 Chevrolet Corvette Stingray onto the stage during its unveiling July 18, 2019 in Tustin, CA. (Image/Dan MacMedan for Chevrolet)

Mid-engine supercar…under $60,000.

If ever two phrases didn’t seem destined to ever appear together, these were they. And yet somehow, someway, Chevy found a way to make it a reality with the new C8 Corvette Stingray—a mid-engine supercar with a 6.2L LT2 V8 engine able to produce 495 horsepower and 470 pound-feet of torque at a base price of less than $60,000.

This, after months of concern from the automotive enthusiast community that the latest generation of the iconic vehicle could come in well over $100,000.

Nope. Less than $60,000. Let that soak in for a minute.

The 2020 Chevrolet Corvette Stingray goes into production in late 2019 and will start under $60,000. (Image/Dan MacMedan for Chevrolet)

Chevy unveiled the new Corvette July 18 at an event in Tustin, CA, highlighting features like better weight distribution (thanks to the mid-engine layout), improved responsiveness and torsional rigidity, paddle shifters, and a “race car-like view of the road” provided by lower positioning of the hood, steering wheel, and instrument panel.

In a press release, the company called the 2020 Stingray “the fastest, most powerful entry Corvette” it has ever produced.

“Corvette has always represented the pinnacle of innovation and boundary-pushing at GM. The traditional front-engine vehicle reached its limits of performance, necessitating the new layout,” said GM President Mark Reuss in the press release. “In terms of comfort and fun, it still looks and feels like a Corvette, but drives better than any vehicle in Corvette history. Customers are going to be thrilled with our focus on details and performance across the board.”

The base 2020 Stingray will weigh 3,366 pounds and feature a Tremec 8-speed dual-clutch transmission—a first for Chevy—designed to offer “lighting-fast shifts and excellent power transfer,” the company said. When equipped with the upgraded suspension, larger brake rotors, enhanced cooling, front brake cooling inlets, and performance exhaust available with the Z51 Performance Package, the vehicle is capable of achieving a 0-60 time of under 3 seconds.

2020 Chevrolet Corvette Stingray Transmission
The new Corvette is the first Chevy vehicle to feature a dual-clutch transmission. (Image/Chevrolet)

Among various other upgrades and enhancements over the C7, the new Corvette includes an improved steering ratio of 15.7:1 (from 16.25:1); new eBoost brakes that Chevy says are more precise and tunable; an electronic limited-slip differential integrated into the transaxle; and a front splitter and open two-piece rear spoiler that add up to 400 pounds of downforce.

The 2020 Corvette Stingray will go into production at GM’s Bowling Green Assembly plant in late 2019, the company said, adding that it will share additional pricing and packaging information closer to launch. The vehicle is expected to show up in dealer showrooms later this year.


Unsubstantiated rumors of a mid-engine Corvette have circulated for decades, in many ways driven by Chevy’s own insistence of building rad prototype after teasing prototype.

All-in-all, the first actual mid-engine Corvette looks like a worthy successor to the C7, which debuted with an LT1 6.2L V8 engine that delivered 455 HP and 460 pound-feet of torque in the base model.

Of course, there are those purists who refused to even call it a Corvette based on the engine placement alone—some of whom expressed concern over their ability to fit a golf bag in car’s trunk. We’re happy to report that you totally can:

(Image/Chevrolet)

You sure showed those purists, GM. Now let’s get back to gawking at more photos:

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4 Comments

  1. Pure amazement finally a hot wheels for grownups.

  2. Daniel Wilson says:

    Amazing cutting edge technology and performance from the innovators at GM !

    I suspect that Ford will take the hint and design a mid-engine Performance vehicle with the potential to compete with the Mid-Vette. It could feature design cues similar to Italian made supercars but for a nostalgic twist, be built around the modern aftermarket available all aluminum alloy 351 Cleveland engine design.
    As with the current Cleveland alloy strokers without any type of forced induction or power adders, the dyno proven performance exceeds the 1000 horsepower mark on race gasoline.

    Unfortunately high octane gas isn’t available on every street corner so a detuned Cleveland option would be necessary. Even with 100 horsepower less it will still be a peppy performer and will need a sporty name.

    Fords new mid-engined supercar built around an all alloy OHV American V-8 could be named PANTERA. The Ford GT along with its ultra technology V-6 power train is a bit on the pricey side. But an alternative and cost effective approach featuring a traditional small block alloy Cleveland with a 900 horsepower rating is a thought. Call it PANTERA AND THEY WILL COME !

    And the beat goes on….

  3. Pingback: Going, Going, Nearly Gone: The 2020 Corvette Stingray is Almost Sold Out - OnAllCylinders

  4. I think the original Supercar sellers better lower their prices, or else suffer lower sales. GM has taken it up to them.

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