General Motors has a new piece of hardware for their trophy case thanks to WardsAuto , who selected the C7 Corvette LT1 V8 as one of their 10 Best Engines for 2015, the second straight year that the LT1 was so honored. To be eligible for the Ward's 10 Best Engines competition, an engine or propulsion system must be all new or significantly re-engineered and available in the U.S. market with a base price not exceeding $60,000.