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First Chevrolet Corvette C8 Stingray Sold For $3M

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Aaron Smith

Automotive Journalist February 04, 2020 at 09:55 AM
The C8 is the new generation of Chevrolet Corvettes, a car that sees its origins back to the 1950s. The latest iteration places the engine in the middle of the chassis. The C8 Corvette Stingray is powered by an LT2 V8 producing 495 hp and 470 lb-ft of torque.

The Barret-Jackson auction house located in Scottsdale, Arizona, is no place for meagre cars. It is a place where unique automobiles find their place in some of the best collections in the world. Recently, the site has been ground zero for the sale of the first C8 Corvette Stingray. The car fetched a whopping $3 million for the auction.

The C8 is the new generation of Chevrolet Corvettes, a car that sees its origins back to the 1950s. The latest iteration places the engine in the middle of the chassis. The C8 Corvette Stingray is powered by an LT2 V8 producing 495 hp and 470 lb-ft of torque.

The first of the C8 ‘Vettes designated with VIN 001 was sold to Rick Hendrick, founder of Hendrick Motorsports and Chevrolet’s famed racecar driver. He will take the delivery of his C8 Corvette Stingray from Chevrolet’s Assembly Plant situated in Bowling, Kentucky. Along with the magnificent automobile, he will also receive a Letter of Authenticity, an exclusive art piece, and a hosted tour of the Corvette Museum.

All the proceedings from the auction will be donated to the Detroit Children’s Fund. It is a non-profit organization focused on improving the quality of education in schools all over Michigan. It is also focused on making primary education affordable to children belonging to low-income households.

The Barret-Jackson auction house has sold more than a few special editions during its rich history. This year’s auction also saw the first production Toyota Supra sold for $2.1 million and the 2020 Shelby GT500 for $1.1 million. Other vintage cars like the Ferrari F50, Aston Martin DB5, Lamborghini Miura, and Rolls-Royce Silver Wraith have also gone through this very auction house.

The new generation of Chevrolet Corvettes has received a lot of positive reviews. However, it is only the tip of the iceberg. Chevrolet’s latest entry into the Daytona 500, named the Corvette C8R, has been revealed sparking speculations that even more powerful trims shall be seen soon. A Z06 and ZR1 trims that make use of even more powerful turbocharged drivetrains are already in the works. Chevrolet has also teased a limited-edition Project Zora trim, with a mild-hybrid LT2 V8 engine, rumoured to be the most powerful Corvette ever.

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