Official: New Corvette Stingray turns 12-second quarter-mile

The 2014 Chevrolet Corvette Stingray with an available performance package has been rated as the best performing standard Corvette to date.

The 2014 Vette with the performance-exhaust system can make the 0-60 sprint in 3.8 seconds. Braking from 60-0 mph takes just 107 feet, and the Stingray can sustain 1.03g in cornering.

A Corvette with the performance and magnetic ride-control package lapped the 4.2-mile Virginia International Raceway Grand Concourse in 2 minutes, 51.78 seconds. To achieve those figures, the Stingray was modified to include a racing seat and harness, and fire extinguisher system.

The Corvette equipped with the performance package is priced at $56,590. The Stingray goes on sale this September with a base $51,995 price (including destination charges).

The $2,800 optional Z51 performance package adds an electronic limited-slip differential; dry-sump oiling system; integral brake, differential and transmission cooling; and aero package.

Magnetic Ride Control with Performance Traction Management is a $1,795 option.

Correction: An earlier version of this story asserted that the Corvette that lapped VIR was stripped and modified with a racing seat and harness. In fact, the car was stock with the exception of the racing seat and harness. Autoweek apologizes for the error.

By Angie Fisher