Five days ago, General Motors announced that the seventh generation Chevrolet Corvette will be revealed on 13 January on the 2013 North American International Auto Show. Today, the GM officials revealed the new LT1 V8 engine which will power the Corvette C7. 
This unit has a capacity of 6.2 liter and it’s the first of the new Gen 5 family of Small Block engine. It has an output of 450 hp and a peak of torque of 450 lb-ft (610 Nm). Thanks to this figures the 2014 Corvette C7 will go from stand still to 60 mph in less than four seconds. 
The new LT1 comes with the newest technologies. We are talking about direct injection, a high 11.5 " 1 compression ratio, continuously variable valve timing and a cylinder deactivating Active Fuel Management system. Thanks to these innovations, the engine could run on the highway with just 26 mpg. 
“The Holy Grail for developing a performance car is delivering greater performance and more power with greater fuel economy and that’s what we’ve achieved. It will be the most fuel-efficient 450HP car on the market”, said Corvette chief engineer Tadge Juechter.

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“The Corvette LT1 represents the most significant redesign in the Small Block’s nearly 60-year history. More than just great horsepower, the LT1 has been optimized to produce a broader power band. Below 4,000 rpm, the torque is comparable to that of the legendary, 7.0L LS7 of the current Corvette Z06” commented Sam Winegarden, vice president of Global Powertrain Engineering. 


Source: GM