After decades of talk and speculation, Chevrolet is finally ready to reveal a brand-new Corvette with a mid-engine layout. The C8 Corvette is set to make its debut this evening. And the automaker is doing things big. So big, in fact, that the building being used is immense.

The reveal event is being held in Tustin, California under the roof of an old blimp hanger. Chevy will utilize one of the two blimp hangers still sitting at the edge of what used to be the El Toro Marine Corp Air Station. They were built back in 1942, stand 17 stories tall, 1,000-feet long, and 300-feet wide. That should be enough space to house what should be a large throng of people eager to lay eyeballs on this all-new Corvette.

But what will we find? The shape is starting to come into focus thanks to images like the one above. What is powering the car, however, is still being speculated. Word has it that the standard powertrain will still make use of a proper V8 engine. There are rumors of potential hybridization on higher, more potent trims. Crazy numbers as high as four figures worth of horsepower have been bandied about along the way.

We know that we don’t know much…

We assume the standard version will use an updated version of the 6.2-liter V8. What gearbox is connected to that, we do not know. It will be interesting to see if Chevy still offers a manual gearbox and also if the newer ten-speed automatic will also be an option. It’s also certain to ruffle feathers of the Corvette faithful, but could bring in a new run of fans.

Hooniverse will be in attendance for the reveal event, so stay tuned for more information in the next few days. We’ll try to get some video while we’re there but it might be a cluster…

What do you think Chevy is going to do with this car? Which powertrains will be offered? Which gearboxes? And how much will it cost? Sound off below