There's been much speculation of late on the gleaming silver "Corvette-like" concept car spotted on the set of the new Transformers movie. Some outlets have incorrectly asserted the concept is a potential design for a next-generation C7 Corvette. They're wrong. Oh, it's a Corvette, but our well-placed sources tell us…

We've seen the mystery Corvette concept (who some dare to believe may be named "Hot Rod") from the upcoming Transformers: Revenge of the Fallen movie three times already. The first photo was a blurry camera phone shot from far away. The second shot was of the folks at Saleen busily painting the new movie star up and…