About a month ago, we learned that Chevrolet had clocked a lap time for its latest Corvette Z06 around the Nürburgring, and that a press release and video regarding the time would be coming shortly. The information came directly from Corvette chief engineer Tadge Juechter and quickly led to speculation on just how quick the car was.

DON'T MISS: Yes, The Grand Cherokee Trackhawk Is Coming; No, This Isn't It

Now there’s word that the Z06’s ‘Ring time is somewhere around the 7:08 mark. Such a time would make it the fastest rear-wheel-drive car in production around the notorious race track.

As Motor Authority regulars would know, the record for production cars is still the 6:57 set by the Porsche 918 Spyder. The Aventador SuperVeloce recently ran a 6:59.73 and the Nissan GT-R NISMO previously set a time of 7:08.679. Of course, these all featured all-wheel drive. When it comes to rear-wheel-drive cars, the previous-generation Dodge Viper ACR is still king with its 7:12.13.

Unfortunately, it may be some time before we finally hear what the Z06 is capable of at the ‘Ring. According to an AutoWeek source, Chevy is waiting for the ban on lap record attempts to be lifted before it announces a time. The Nürburgring operator recently instituted 155 mph speed limits at certain parts in the interest of safety, effectively ending attempts to set new lap records. However, it’s now being reported that the limits may be removed for special manufacturer record attempts.

ALSO SEE: 2017 Lamborghini Aventador LP 750-4 SuperVeloce Roadster First Look

In case you’ve forgotten, power in the Z06 comes from a supercharged 6.2-liter LT4 V-8 rated at 650 horsepower and 650 pound-feet of torque. With its available eight-speed automatic, the car accelerates to 60 mph from rest in just 2.95 seconds, runs the quarter mile in 10.95 seconds at 127 mph, and should top out somewhere close to 200 mph. The Z06 also has incredible stopping power, needing just 99.6 feet to halt from 60 mph. The car was all-new for the 2015 model year, and for 2016 it's available in C7.R special edition form.

We’ll update the story as soon as more is known.


Follow Motor Authority on Facebook, Twitter, and Google+.