You may not know that the first cars to leave the production line for highly sought-after vehicles are usually auctioned off by the manufacturer for charity since they tend to be prized by collectors. In this case, one of the most hotly-anticipated models of the last several decades – the first-ever mid-engine Corvette – sold for a cool $3 million at the recent Barrett-Jackson auction in Scottsdale, Arizona.
The winning bidder was none other than former NASCAR driver and current NASCAR team owner Rick Hendrick, and his prize didn’t stop at the 6.2-liter V8 with 495 horsepower either. GM announced that the winning bidder would also receive a tour of the Corvette Museum in Bowling Green, Kentucky.
GM plans to donate the money to the Detroit Children’s Fund, a non-profit organization that aims to help improve the quality of Detroit’s schools. Barrett-Jackson said of DCF, “Only one in 10 children in Detroit is receiving a quality education, tragically limiting opportunities for tens of thousands of children. DCF investments support the expansion of quality schools the improvement of lower performing schools.”
Despite its hefty price tag, this only the second-highest price ever paid for a Corvette at a Barrett-Jackson event, with a 1967 Coupe selling for $3.85 million back in 2014.
It may not be the first model to roll of the assembly line, but we look forward to seeing you behind the wheel of a 2020 Corvette right here at K & J Chevrolet when models find their way to dealerships in the coming months.