The very first 2020 Chevrolet Corvette Stingray has been sold for $3 million to NASCAR team owner and car collector Rick Hendrick during a Barrett-Jackson auction over the weekend.
The red car that rolled across the stage in Arizona was not the car that was sold. The first production mid-engine Corvette, VIN 001, will be built soon. Hendrick will take delivery of a black-on-black 3LT trim Corvette with the Z51 performance package.
“I am the number one Corvette junkie in the world,” said Hendrick.
Hendrick is a prolific car collector and is particularly fond of buying the first examples of new cars. Roughly 12 months ago, he paid $2.5 million for the first 2019 Ford GT Heritage Edition and also owns the first 2018 Chevrolet Camaro ZL1 1LE, first 2017 Acura NSX, first C7 Corvette Stingray, first C7 Z06, and the first C7 ZR1, revealed by carscoops
VIN 001 of the C8 Corvette Stingray is powered by a 495-hp 6.2-liter LT2 V-8 and is equipped with the Z51 performance package, which adds an electronically controlled limited-slip differential with a shorter final-drive ratio, Brembo brakes, a performance exhaust, heavy-duty cooling system, and Michelin Pilot Sport 4S summer tires.
All proceeds will go to the Detroit Children’s Fund, which benefits underfunded Detroit public schools. GM had donated the car, so the charity received the entire hammer-sale price.