Powered by a Corvette sourced LS3 V8 engine, this “the new racer is a carbon-kevlar open-cockpit LMP2 that looks (and sounds) to be a promising entry.” Video after the break. Click here for first picture in gallery.

The Automobile Club de l’Ouest (ACO) has announced a new European race series called Formula Le Mans. The star of the series is a new Corvette LS3 V8-sourced racecar.

[via Jalopnik]