Before the start of the 2013 24-Hour of Le Mans on June 22, Corvette Racing Program Manager Doug Fehan said his team will begin testing the racing-bound Corvette C7 Stingray in July of 2013.

The new C7.R will make its official racing debut at the beginning of the 2014 ALMS season, according to GM Authority. 

An anonymous source familiar with the vehicle development operations at Corvette Racing told the    website that the C7.R cars look "phenomenal" and "extremely aggressive," making the current C6.R look "dated."

Chevrolet allows only certain dealers to sell the 2014 Corvette C7, President of GM North America Mark Reuss explained in a recent interview.

"We can only make a certain amount of cars in a certain amount of time, so the first allocations are based on where we have the biggest density of Corvette (buyers)," said Reuss. "I don't think selling four Corvettes in the prior year is a tall order, because we're not going to take away customers from dealerships that have really performed in Corvette markets.

Chevy and GM's plan to limit allocation for the new Corvette  will only be in place during the preliminary launch, according to US Daily Voice. 

The 2014 Chevrolet Corvette Stingray will hit dealers in early fall 

The automaker announced on June 20 that the seventh-generation Corvette will do zero-60 mph in 3.8 seconds when equipped with the optional Z51 Performance Package. The car is capable of 1.03 Gs of face-stretching lateral acceleration and the Z51 package adds $2,800 to the $51,995 base price of the 2014 Corvette, according to the Los Angeles Times.

To demonstrate the car's capabilities, Chevrolet took the Stingray with the Z51 package and the $1,795 Magnetic Ride Control suspension to the Virginia International Raceway. There, the 2014 Corvette completed the 4.2-mile course in 2:51.78.