The new logo is a stylized set of crossed flags, like the previous Corvette emblem, but updated with elements that "reflect the sweeping redesign of the Next Generation Corvette," according to the company's announcement. Welburn says the new logo--and implicitly the new C7 Corvette--is "much more modern, more technical, and more detailed than before."
Tadge Juechter, the Corvette's chief engineer, explains the premise of the new C7: "We set out to build a world-challenging sports car with refinement, efficiency and driver engagement that is second to none. The result is a truly all-new Corvette."
Chevy appears to have a microsite dedicated to the countdown in the works, but at the moment, it's not loading. For more details on the next-generation Corvette in the mean time, check out our spy shots and speculative information.