The Ferrari-beating, do-everything 2015 Chevy Corvette Z06 will start at $79,990 including destination, when it goes on sale early next year. That price undercuts nearly all competitors, including the Dodge Viper at $102,485. The convertible version will start at $84,990, also not including destination. We’re waiting on Chevy for that.

The track-terrorizing Z06 will arrive with 650 hp and 650 lb-ft of torque from a supercharged 6.2-liter V8. The new LT4 engine gets direct injection, Active Fuel Management and continuously variable valve timing, which makes it “surprisingly efficient,” according to Chevy.

The Z06 is offered in three main trims: 1LZ, 2LZ and 3LZ. Options include, but aren’t limited to, a leather interior, carbon fiber ground effects, Performance Data Recorder, competition sport seats in leather or suede, carbon fiber interior trim and a carbon roof panel.