Chevrolet has introduced their new LT1 V8 engine which will debut in the 2014 Corvette. It produces approximately 450 bhp (336 kW)

Chevrolet has introduced their new LT1 V8 engine which will debut in the 2014 Corvette.

Displacing 6.2-liters, the fifth-generation small block features direct injection, continuously variable valve timing and an 11.5:1 compression ratio. There's also a "Runners in a Box" intake manifold, a variable-displacement oil pump and a specially designed exhaust system.

The company estimates the engine will produce approximately 450 bhp (336 kW) and 450 lb-ft (609 Nm) of torque. This should enable the Corvette to accelerate from 0-60 mph in less than four seconds.

Despite being more powerful than the LS3 V8, the LT1 will be more fuel-efficient thanks to cylinder deactivation technology. Under low loads, the engine deactivates four-cylinders to enable the Corvette to return an estimated 26+ mpg highway (US).

Check out the press release for additional information

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Chevrolet introduces the LT1 V8 engine - debuts in the 2014 Corvette [videos]