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One web site calls it the "C7 Corvette Stingray 2014+ Front Bumper Lower Center Air Defelector," and says, "Add to your lower bumper with this center air deflector on your 2014+ C7 Corvette."
I own a C3, not a C7, so I can only go by what I read. It sounds like it's a take-off part when someone adds a "Front Splitter/Chin Spoiler".
No problem. I'll probably just fabricate my own from carbon fiber or aluminum sheet.