Next Generation Corvette To Put The Thrust Behind Your Butt?

Oftentimes insane Peter De Lorenzo at Autoextremist thinks so-

But after my conversations late last week with executives at the top of the company (who shall remain nameless for obvious reasons), I can tell you that the "idea" of a mid-engined "C7" Corvette has not only progressed far beyond the initial planning stages, the engineering on the car is well underway.

What's the impetus for such a drastic change in philosphy?

Apparently the forces behind the decision think they can make it work from a cost effectiveness standpoint, and they also feel it is needed to stay current in racing series and to re-establish and enhance GM as a technological leader.

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Wait a second. All three of those reasons sound like perfectly legitimate business reasons to move ahead with the project. This is GM right?