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The C8 Corvette will launch in base Stingray trim, according to Car & Driver, using an updated version of the current car’s 6.2-liter V8 with around 500 horsepower. We expect many high performance options to follow, but what we don’t expect is a manual transmission, sadly.

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The C7 Stingray starts at $56,995, and it wouldn’t make sense for Chevrolet to see a huge jump over that price for the original Red Blooded American Sports Car, but Car & Driver’s prediction of a $5,000 increase to around $62,000 seems reasonable for the increase in performance that this car is sure to provide.