DeLorean Next Generation Motors (DNG) has revealed that in addition to building a special car to pay homage to John Z. DeLorean, it will also build a more accessible supercar based on the C8-generation Chevrolet Corvette.

DNG Motors first burst onto the radar 12 months ago when it announced plans for its first model, dubbed the Model JZD. DNG is not to be confused with the DeLorean building an all-electric performance car dubbed the Alpha5 as DNG has been started by Kathryn DeLorean, the daughter of John Z. DeLorean. It is also taking a dramatically different approach to honoring his legacy.

Sitting at the base of the firm’s range will be a mid-engined supercar based on the Corvette. DNG has not yet settled on a name for this model but confirmed to Hagerty it will be cheaper and more accessible than the Model JZD. The C8 isn’t just a good base because it is the most affordable mid-engined sports car out there but also because John Z. spent 17 years working at GM and once served as the head of Chevrolet where he pushed for a mid-engine Corvette alongside Zora Arkus-Duntov.

Read: DeLorean Alpha5 EV Makes Its Public Debut At Pebble Beach

 The New DeLorean Is Building A Corvette-Based Sports Car
DeLorean design by Ángel Guerra

While work on this model is still in its early stages, Kathryn DeLorean says DNG Motors will replace the Corvette’s body with a design of its own that incorporates gullwing doors, just like the original DMC-12. The full extent of the changes to be made under the hood remains unclear but DeLorean added the firm will work with a number of different aftermarket performance specialists.

A host of renderings of the model have been released by Ángel Guerra of the proposed model but it remains uncertain how close the production car will stick to these designs. According to Kathryn, building a Corvette-based DeLorean “allows me to finish my dad’s story. I’m building him his dream car.”

DNG’s aforementioned Model JZD will then top out its lineup. It will be a hand-built model and cost significantly more than the $125,000 expected to be commanded by the Alpha5 from the other DeLorean. It will be capped at just 42 examples worldwide and will also have gullwing doors.