With all of Malibu’s dealers on hand, the stage was set, and Malibu didn’t disappoint. The newest Corvette Limited Edition Sport-V features plenty of styling influences from the C6 Corvette, along with a few unique Malibu touches.

As a follow-up to a partnership in the late 1990’s that was responsible for the original Corvette ski boat, Malibu and GM have teamed up again to produce an updated version of the Corvette for the water. In stark contrast to the original limited edition that was based on the direct-drive Echelon, the new model is a v-drive, featuring a new hull that is not shared with any other model.

Read on for more details, as well as a video of the Corvette on the water.

Gallery: 2008 Malibu Corvette Limited Edition

Malibu treated GM excutives in charge of the Corvette brand to a sneak peak at the brand new 2008 Malibu Corvette Sport-V. The newest version of this very special boat is based on the latest road=going ‘Vette, the C6. With distinctive styling cues on the inside and out, the Malibu Corvette is as close to the real thing as you can get on the water.

The GM Trademark and Licensing representatives that inspected the boat were impressed with the accuracy with which key features were reproduced, and look forward to seeing the official unveiling of the boat sometime in November.

Malibu employees that have seen the boat so far are equally impressed with the new Corvette.

“The C6 version of the Corvette boat has sparked innovation and the use of technologies never before seen in the water sports industry,” explained Dan Gasper, Director of the Malibu Boats Research and Development Center and Lead Designer.

If Malibu feels that strongly about the new boat, you can be sure there are some exciting features lurking under the deck of this new Corvette.

Read the full recap courtasy of Malibu on their blog: GM Visits Malibu Boats For a Peek at Newest Corvette.

Malibu announced today that GM has chosen them as a partner yet again to bring the iconic Corvette back to the water. This marks the second time Malibu and GM have teamed up to bring America’s best known sports car to the water.

The last generation Corvette boat was initially introduced in 1997 and was produced through 2001. Based on the Echelon direct drive hull, the original Corvette was a direct drive boat showing just how much things have changed in the last decade. First model year boats featured a custom built 425HP Callaway Supernatural engine. That hand built mill pushed the Corvette to over 65MPH in ideal conditions, but because it was hand built and extremely expensive, it was discontinued after the first year. Later models featured 375HP marinized GM LS1s that proved much more reliable, and nearly matched the blistering pace of the Supernatural powered boats.

There is much speculation about what the new Corvette will look like, but according to Malibu, it will be based off of a v-drive platform to increase appeal and desirability. Based on the C6 version of the Corvette, the new model will have an authentic LS7 engine available as part of the Z06 package. As the exact same engine offered in the Z06 ‘Vette, this 7.0L engine will feature a full 505HP, which should be more than enough power to provide plenty of entertainment on the water.

Malibu promises more details in the next month, so stay tuned as we get closer to seeing what the latest Corvette Limited Edition watersport boat from Malibu will look like.

Rumor Confirmation: The Corvette boat is coming back!