1/14/12 UPDATE: Official Release here.

With less than 3 months to go until the official introduction of the totally re-engineered 2014 Chevrolet Corvette, known to loyalists by its internal designation “C7,” the legion of ‘Vette faithful wait with rapt attention to see what Chevy has dreamed up next.

GM says the C7 shares just two parts with the outgoing model: the cabin air filter and the removable roof panel’s rear latch. Other than that, we’re looking at a new lighter structure, a clean-sheet design and a 100% new small-block V8 expected to shrink a bit from the current 6.2-liter LS3 while gaining direct injection.

With growth in American-car demand in China, parts of Europe and elsewhere, GM knows the C7 needs a big step forward in interior refinement and tech. Expect better-quality seats (rumored to come from Recaro), soft-touch materials, and an updated infotainment, navigation and performance-tracking interface worlds better than the dated current Corvette’s unit.

Chevy has kept official details under tight lock and key, but we’ll bring you news as soon as we get it leading up to the big reveal!

When, Where, How Much?

Chevrolet has confirmed the C7 Corvette will be revealed in production form on Jan. 13, 2013 just before the start of the 2013 Detroit Auto Show. Until then, the Bow Tie will tug at our heartstrings with a continuous stream of teaser content at this special website.

Expect the 2014 Corvette in dealerships, or in your garage, by mid-Summer 2013. The current 2013 Corvette starts at $49,600 and we fully expect the new car to cross the $50k barrier, though pricing won’t exceed the $54,995 2013 Ford Shelby GT500.