Yesterday, Chevrolet finally acknowledged its worst-kept secret: it has a mid-engine Corvette coming. That, dear readers, means the current C7 Corvette’s days are numbered.
In a Thursday announcement, General Motors said the final C7 Corvette will be produced this summer and the car will head to a Barrett-Jackson auction for a charitable cause. GM CEO Mary Barra said during an annual Stephen Siller Tunnel to Towers Foundation Footsteps to the Future gala that the final C7 Corvette will benefit the charity GM has supported for years.
The Stephen Siller Tunnel to Towers Foundation builds mortgage-free homes for injured U.S. military service members. It also works to help pay off mortgages for families of first responders who were killed in the line of duty. The homes also feature accessibility for service members who may return from duty as disabled.
GM did not provide an official end date for C7 Corvette production, but the final sports car—a black 2019 Corvette Z06 model—will be auctioned off on June 28 at Barrett-Jackson’s Northeast event. When the car does exit production, it will more than likely put a cap on the Corvette’s long-running history as a front-engine, rear-wheel drive sports car since the model first showed up in the 1950s.
The next-generation C8 Corvette will move to a mid-engine layout, a revolutionary change that Chevrolet and Corvette engineers have worked on for decades. Most recently, the C7 Corvette itself was meant to make the switch, but the Great Recession and GM’s bankruptcy restructuring put a pin in those plans. The mid-engine layout will help the Corvette realize even higher performance standards and likely usher in an era of electrification for the sports car.
Rumors persist that, down the road, we’ll see a Corvette hybrid with up to 1,000 horsepower and all-wheel drive, thanks to an electric motor and internal-combustion engine working alongside one another.
The mid-engine C8 Corvette will debut on July 18 this year.